DYNT · As filed with the SEC
Dynatronics balance sheet, by fiscal year
The statement as Dynatronics 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 | FY2025 Jun 30, 2025 | FY2024 Jun 30, 2024 | FY2023 Jun 30, 2023 | FY2022 Jun 30, 2022 |
|---|---|---|---|---|
| Assets | ||||
| Current assets: | ||||
| Cash and cash equivalents | 326,344 | 483,918 | 398,797 | 550,110 |
| Restricted cash | 50,410 | 50,410 | 154,073 | 151,207 |
| Trade accounts receivable, less allowance for credit losses of $60,347 and $48,997 as of June 30, 2025 and 2024, respectively | 2,800,900 | 3,444,587 | 3,721,677 | 5,416,044 |
| Other receivables | 186,403 | 454,390 | 39,678 | 446,493 |
| Inventories, net | 5,074,348 | 5,593,974 | 7,403,194 | 12,071,292 |
| Prepaid expenses | 515,780 | 530,356 | 701,456 | 590,820 |
| Total current assets | 8,954,185 | 10,557,635 | 12,418,875 | 19,225,966 |
| Property and equipment, net | 1,513,872 | 1,969,413 | 2,448,282 | 2,911,420 |
| Operating lease assets | 3,195,211 | 2,831,417 | 3,631,780 | 1,565,530 |
| Intangible assets, net | 1,431,382 | 2,999,975 | 3,618,275 | 4,240,725 |
| Goodwill | 0 | 7,116,614 | 7,116,614 | 7,116,614 |
| Other assets | 344,292 | 465,505 | 829,049 | 373,740 |
| Total assets | 15,438,942 | 25,940,559 | 30,062,875 | 35,433,995 |
| Liabilities and Stockholders' Equity | ||||
| Current liabilities: | ||||
| Accounts payable | 3,404,121 | 2,712,142 | 4,529,703 | 6,168,961 |
| Accrued payroll and benefits expense | 360,893 | 566,443 | 877,781 | 1,359,624 |
| Accrued expense | 878,874 | 725,727 | 891,467 | 862,438 |
| Warranty reserve | 105,664 | 120,677 | 115,637 | 197,156 |
| Current portion of long-term debt | — | — | 0 | 5,362 |
| Line of credit | 1,996,956 | 2,121,667 | — | — |
| Current portion of finance lease liability | 320,423 | 302,998 | 286,522 | 321,085 |
| Current portion of deferred gain | 150,448 | 150,448 | 150,448 | 150,448 |
| Current portion of operating lease liability | 1,018,696 | 1,004,808 | 1,075,690 | 846,304 |
| Other liabilities | — | 0 | 13,744 | 23,967 |
| Total current liabilities | 8,236,075 | 7,704,910 | 7,940,992 | 9,935,345 |
| Long-Term Debt | — | — | — | 0 |
| Finance lease liability, net of current portion | 1,108,448 | 1,428,870 | 1,731,868 | 1,938,531 |
| Deferred gain, net of current portion | — | — | — | 927,762 |
| Deferred gain, net of current portion | 476,418 | 626,866 | 777,314 | — |
| Operating lease liability, net of current portion | 2,185,998 | 1,829,608 | 2,554,450 | 727,310 |
| Other liabilities | — | — | 201,725 | 206,489 |
| Other liabilities | 169,799 | 189,861 | — | — |
| Total liabilities | 12,176,738 | 11,780,115 | 13,206,349 | 13,735,437 |
| Stockholders' equity: | ||||
| Preferred stock, no par value: Authorized 50,000,000 shares; 3,351,000 shares issued and outstanding as of June 30, 2025 and 2024 | 7,980,788 | 7,980,788 | 7,980,788 | 7,980,788 |
| Common stock, no par value: Authorized 100,000,000 shares; 10,619,543 shares and 5,308,519 shares issued and outstanding as of June 30, 2025 and 2024, respectively | 35,793,417 | 35,087,825 | 34,355,315 | 33,533,003 |
| Accumulated deficit | (40,512,001) | (28,908,169) | (25,479,577) | (19,815,233) |
| Total stockholders' equity | 3,262,204 | 14,160,444 | 16,856,526 | 21,698,558 |
| Total liabilities and stockholders' equity | 15,438,942 | 25,940,559 | 30,062,875 | 35,433,995 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.