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	Jun 30, 2021 Jun 30, 2021	FY2020 Jun 30, 2020	FY2019 Jun 30, 2019	FY2018 Jun 30, 2018
Assets
Current assets:
Cash and cash equivalents	326,344	483,918	398,797	550,110	6,102,447	2,215,665	155,520	1,696,116
Restricted cash	50,410	50,410	154,073	151,207	151,197	100,636	100,510	—
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	5,643,016	4,893,861	7,495,309	7,810,846
Other Non-Operating Current Assets	—	—	—	—	—	—	2,776	52,819
Other receivables	186,403	454,390	39,678	446,493	1,201,888	—	—	—
Inventories, net	5,074,348	5,593,974	7,403,194	12,071,292	6,526,095	8,371,842	11,527,521	10,987,855
Prepaid expenses	515,780	530,356	701,456	590,820	1,281,223	492,704	632,061	778,654
Income Tax Receivable	—	—	—	—	—	—	0	95,501
Total current assets	8,954,185	10,557,635	12,418,875	19,225,966	20,905,866	16,074,708	19,913,697	21,421,791
Property and equipment, net	1,513,872	1,969,413	2,448,282	2,911,420	3,328,185	4,941,517	5,677,419	5,850,899
Operating lease assets	3,195,211	2,831,417	3,631,780	1,565,530	2,456,539	3,347,378	—	—
Intangible assets, net	1,431,382	2,999,975	3,618,275	4,240,725	4,928,875	5,682,991	6,407,374	7,131,758
Goodwill	0	7,116,614	7,116,614	7,116,614	7,116,614	7,116,614	7,116,614	7,116,614
Other assets	344,292	465,505	829,049	373,740	403,916	433,109	516,841	532,872
Total assets	15,438,942	25,940,559	30,062,875	35,433,995	39,139,995	37,596,317	39,631,945	42,053,934
Liabilities and Stockholders' Equity
Current liabilities:
Accounts Payable	—	—	—	—	—	3,013,949	3,989,546	3,412,960
Accounts payable	3,404,121	2,712,142	4,529,703	6,168,961	3,737,930	—	—	—
Accrued payroll and benefits expense	360,893	566,443	877,781	1,359,624	1,656,311	1,204,964	1,373,481	1,929,465
Accrued expense	878,874	725,727	891,467	862,438	1,485,123	768,117	1,038,726	830,243
Warranty reserve	105,664	120,677	115,637	197,156	196,707	221,854	207,988	205,850
Current portion of long-term debt	—	—	0	5,362	13,448	108,713	173,921	164,003
Short-Term Debt	—	—	—	—	—	—	283,781	226,727
Current portion of deferred gain	—	—	—	—	—	—	—	150,448
Current portion of acquisition holdback	—	—	—	—	—	—	—	1,379,512
Line of credit	1,996,956	2,121,667	—	—	—	1,012,934	6,540,639	6,286,037
Current portion of finance lease liability	320,423	302,998	286,522	321,085	335,444	316,103	—	—
Current portion of deferred gain	—	—	—	—	—	150,448	150,448	—
Current portion of deferred gain	150,448	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	864,081	852,419	—	—
Current portion of acquisition earn-out liability	—	—	—	—	—	0	500,000	—
Accrued Income Taxes	—	—	—	—	—	29,196	16,751	0
Other liabilities	—	0	13,744	23,967	33,194	—	—	—
Total current liabilities	8,236,075	7,704,910	7,940,992	9,935,345	8,472,686	7,678,697	14,275,281	14,585,245
Long-Term Debt	—	—	—	0	5,362	3,496,222	129,428	303,348
Long-Term Debt	—	—	—	—	—	—	2,915,241	2,972,540
Deferred gain, net of current portion	—	—	—	—	—	—	—	1,529,553
Acquisition holdback, net of current portion	—	—	—	—	—	—	—	875,000
Finance lease liability, net of current portion	1,108,448	1,428,870	1,731,868	1,938,531	2,260,815	2,597,525	—	—
Deferred gain, net of current portion	—	—	—	—	—	1,228,658	1,379,105	—
Acquisition holdback and earn-out liability, net of current portion	—	—	—	—	—	—	0	—
Deferred gain, net of current portion	—	—	—	927,762	1,078,210	—	—	—
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	1,605,477	2,505,232	—	—
Deferred Tax Liabilities, Current	—	—	—	—	—	0	—	—
Other liabilities	—	—	201,725	206,489	203,920	194,102	177,181	411,466
Other liabilities	169,799	189,861	—	—	—	—	—	—
Total liabilities	12,176,738	11,780,115	13,206,349	13,735,437	13,626,470	17,700,436	18,876,236	20,677,152
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	7,980,788	8,770,798	11,641,816	11,641,816
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	32,621,471	27,474,411	21,320,106	20,225,107
Accumulated deficit	(40,512,001)	(28,908,169)	(25,479,577)	(19,815,233)	(15,088,734)	(16,349,328)	(12,206,213)	(10,490,141)
Total stockholders' equity	3,262,204	14,160,444	16,856,526	21,698,558	25,513,525	19,895,881	20,755,709	21,376,782
Total liabilities and stockholders' equity	15,438,942	25,940,559	30,062,875	35,433,995	39,139,995	37,596,317	39,631,945	42,053,934

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