CRAWA · As filed with the SEC

Crawford United balance sheet, by fiscal year

The statement as Crawford United presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Balance Sheets · USD

USD	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Sep 30, 2017
CURRENT ASSETS:
Cash and cash equivalents	1,543,267	1,647,175	1,247,627	1,494,415	6,194,276	2,232,499	5,057,626	934,506
Accounts receivable less allowance for doubtful accounts	21,014,148	19,671,833	21,884,807	18,387,744	12,021,692	14,001,795	9,835,262	8,549,596
Costs and estimated earnings in excess of billings	—	—	—	—	—	—	—	1,639,519
Contract assets	5,470,698	4,822,347	3,284,301	2,111,057	3,735,557	2,422,379	2,083,349	—
Inventories	18,278,179	17,672,622	20,176,142	16,585,437	11,030,960	7,678,690	5,497,982	3,857,763
Investments	0	665,301	657,971	1,518,244	1,534,400	—	—	—
Refundable tax asset	—	—	0	1,316,595	—	—	—	—
Refundable tax asset	1,728,754	—	—	—	—	—	—	—
Prepaid expenses and other current assets	1,575,240	1,303,780	1,522,516	1,112,068	657,496	703,002	818,609	433,033
Total Current Assets	49,610,286	45,783,058	48,773,364	42,525,560	35,174,381	27,038,365	23,292,828	15,414,417
Land	—	—	—	—	—	—	—	233,479
Land and improvements	—	—	—	—	—	228,872	257,205	—
Buildings and leasehold improvements	—	—	—	—	—	1,837,009	1,709,165	2,195,915
Machinery and equipment	—	—	—	—	—	13,950,444	13,343,878	5,075,203
Total property, plant and equipment	—	—	—	—	—	16,016,325	15,310,248	7,504,597
Less accumulated depreciation	—	—	—	—	—	3,622,153	2,006,133	4,119,787
Property, plant and equipment, net	23,179,580	14,686,190	15,213,443	15,609,202	11,290,783	12,394,172	13,304,115	3,384,810
Operating right of use asset, net	6,950,547	8,356,903	9,524,280	8,998,776	8,856,820	9,224,840	—	—
OTHER ASSETS:
Goodwill	18,547,704	16,453,049	16,231,938	14,404,618	11,505,852	9,791,745	9,582,202	2,255,912
Intangibles, net of accumulated amortization	10,285,781	8,252,600	9,492,560	9,336,564	7,558,309	3,950,838	4,332,202	2,113,656
Deferred income taxes less valuation allowance	—	—	—	—	—	—	—	2,790,259
Other non-current assets	94,798	107,798	—	—	—	—	—	—
Total Non-Current Assets	28,928,283	24,813,447	362,489	88,591	106,638	88,046	95,263	3,250
Total Non-Current Other Assets	—	—	—	—	—	—	14,009,667	7,163,077
Total Non-Current Other Assets	—	—	26,086,987	23,829,773	19,170,799	13,830,629	—	—
Total Assets	108,668,696	93,639,598	99,598,074	90,963,311	74,492,783	62,488,006	50,606,610	25,962,304
CURRENT LIABILITIES:
Convertible notes payable - current	—	—	—	—	—	—	200,000	200,000
Notes payable - related party	—	—	—	—	—	—	—	245,086
Notes payable – current	470,209	824,226	1,303,972	2,946,885	2,782,479	2,749,459	1,555,663	—
Bank debt - current	—	—	—	—	—	—	1,333,333	500,000
Leases payable	—	—	—	—	—	—	13,800	56,610
Real property term loan – current	141,816	0	222,222	1,444,444	1,333,333	1,333,333	—	—
Leases payable	—	—	1,705,224	1,241,681	1,136,300	850,664	—	—
Accounts payable	12,856,158	11,168,308	14,017,973	11,460,364	9,230,032	6,071,522	5,169,819	1,497,799
Unearned revenue	6,195,473	5,596,706	4,354,868	2,881,535	820,002	1,998,578	5,257,797	1,282,947
Accrued payroll and related expenses	—	—	—	—	—	—	1,358,669	676,502
Contingent liability – short term	—	—	0	750,000	—	—	—	—
Accrued income taxes	0	539,876	1,239,289	—	—	—	360,239	69,933
Accrued expenses	3,542,490	3,292,787	3,224,188	3,136,690	2,242,924	3,281,445	1,606,429	1,290,364
Operating lease liabilities - current	1,414,686	1,714,174	—	—	—	—	—	—
Total Current Liabilities	24,620,832	23,136,077	26,067,736	23,861,599	17,545,070	16,285,001	16,855,749	5,819,241
LONG-TERM LIABILITIES:
Notes payable - related party	—	—	—	—	—	—	—	3,759,406
Notes payable - related party	0	—	—	—	—	7,676,697	11,086,402	—
Bank debt	—	—	—	—	—	—	8,194,679	6,374,823
Leases payable	—	—	—	—	—	—	2,642	121,315
Deferred Income Taxes	—	—	—	—	—	—	1,701,653	—
Notes Payable Excluding Paycheck Protection Program Cares Act	—	470,209	1,846,405	4,275,377	5,455,717	—	—	—
Paycheck Protection Program CARES Act	—	—	—	0	1,453,837	—	—	—
Revolving credit facility	0	—	—	—	—	—	—	—
Real property term loan	5,559,755	5,096,672	19,224,318	16,175,436	12,174,428	6,376,594	—	—
Leases payable	—	—	8,060,152	7,985,628	7,901,357	8,513,448	—	—
Contingent liability – long term	—	—	0	750,000	—	—	—	—
Operating lease liabilities - noncurrent	5,747,295	6,901,043	—	—	—	—	—	—
Deferred income taxes	391,060	310,250	1,384,558	3,275,370	2,429,828	2,207,734	—	—
Total Long-Term Liabilities	11,698,110	12,778,174	30,515,433	32,461,811	29,415,167	24,774,473	20,985,376	10,255,544
STOCKHOLDERS' EQUITY
Common Class A	10,218,026	8,878,986	7,351,563	5,393,823	3,896,705	3,599,806	2,641,300	2,246,367
Common Class B	1,465,522	1,465,522	1,465,522	1,465,522	1,465,522	1,465,522	710,272	710,272
Contributed capital	1,741,901	1,741,901	1,741,901	1,741,901	1,741,901	1,741,901	1,741,901	1,741,901
Treasury shares, at cost	—	—	(2,125,252)	(1,981,113)	(1,938,052)	(1,905,780)	(1,905,780)	(264,841)
Treasury shares	(2,549,627)	(2,237,026)	—	—	—	—	—	—
Retained earnings	61,473,932	47,875,964	34,581,171	28,019,768	22,366,470	16,527,083	9,577,792	5,453,820
Total Stockholders' Equity	72,349,754	57,725,347	43,014,905	34,639,901	27,532,546	21,428,532	12,765,485	9,887,519
Total Liabilities and Stockholders' Equity	108,668,696	93,639,598	99,598,074	90,963,311	74,492,783	62,488,006	50,606,610	25,962,304

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.