Boxlight Corporation (BOXL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 65.49M | 69.48M | 69.93M | 66.2M | 73.95M | 78.38M | 87.36M | 85.12M | 86.48M | 103.58M | 111.08M | 101.05M | 96.88M | 111.24M | 131.65M | 108.15M | 98.31M | 108.55M | 99.43M | 77.89M |
| Cash & Short-Term Investments | 6.89M | 9.37M | 11.81M | 7.61M | 8.08M | 8.01M | 10.49M | 7.51M | 11.81M | 17.25M | 18.41M | 15.59M | 11.27M | 14.59M | 21.95M | 11.62M | 11.27M | 17.94M | 6.22M | 7.44M |
| Cash Only | 6.89M | 9.37M | 11.81M | 7.61M | 8.08M | 8.01M | 10.49M | 7.51M | 11.81M | 17.25M | 18.41M | 15.59M | 11.27M | 14.59M | 21.95M | 11.62M | 11.27M | 17.94M | 6.22M | 7.44M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 13.81M | 15.36M | 19.68M | 21.44M | 17.44M | 18.32M | 25.39M | 29.15M | 26.52M | 32.67M | 40.42M | 37.63M | 33.55M | 31.01M | 51.25M | 41.15M | 30.03M | 29.57M | 47.91M | 36.71M |
| Days Sales Outstanding | 58.49 | 60.51 | 64.47 | 57.34 | 71.78 | 83.8 | 69.13 | 65.76 | 72.6 | 86.63 | 72.29 | 68.84 | 70.53 | 88.38 | 61.84 | 54.32 | 53.01 | 81.02 | 63.81 | 58.17 |
| Inventory | 36.62M | 38.13M | 26.07M | 28.19M | 38.35M | 43.27M | 42.32M | 37.85M | 39.16M | 44.13M | 43.2M | 37.4M | 43.84M | 58.21M | 49.44M | 45.29M | 49.09M | 51.59M | 30.9M | 20.87M |
| Days Inventory Outstanding | 216.95 | 144.94 | 119.98 | 150.92 | 255.41 | 236.45 | 153.42 | 146.07 | 143.83 | 151.6 | 117.13 | 126.48 | 176.35 | 174.26 | 91.32 | 100.35 | 119.27 | 109.51 | 52.67 | 58.26 |
| Other Current Assets | 5.11M | 6M | 8M | 6.89M | 7.72M | 6.57M | 8.06M | 8.15M | 6.19M | 6.35M | 3.75M | 6.3M | 2.55M | 3.3M | 7.08M | 8.57M | 6.07M | 1.71M | 10.6M | 12.01M |
| Total Non-Current Assets | 25.18M | 28.07M | 29.66M | 33M | 34.74M | 36.92M | 54.04M | 53.65M | 55.9M | 58.19M | 69.3M | 81.27M | 82.68M | 84.15M | 82.84M | 88.54M | 94.81M | 92.89M | 74.21M | 77.41M |
| Property, Plant & Equipment | 8.32M | 8.78M | 9.33M | 9.93M | 9.96M | 10.19M | 10.89M | 10.8M | 11.2M | 11.32M | 9.93M | 5.1M | 5.52M | 6.08M | 6.04M | 6.24M | 6.64M | 1.07M | 627K | 584K |
| Fixed Asset Turnover | 2.63x | 2.94x | 3.05x | 3.10x | 2.23x | 2.28x | 3.35x | 3.50x | 3.29x | 3.65x | 6.61x | 8.86x | 7.10x | 7.06x | 11.19x | 9.26x | 13.11x | 51.75x | 100.76x | 78.18x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.97M | 25.47M | 25.31M | 25.09M | 24.52M | 25.15M | 25.78M | 26.04M | 23.08M | 23.35M |
| Intangible Assets | 14.52M | 17.08M | 19.58M | 22.33M | 24.03M | 25.94M | 41.7M | 42M | 43.81M | 45.96M | 46.55M | 49.87M | 51.23M | 52.58M | 51.91M | 56.81M | 62.08M | 65.53M | 50.26M | 53.31M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 883K | 734K | 754K | 749K | 754K | 790K | 1.44M | 856K | 880K | 906K | 851K | 827K | 630K | 397K | 363K | 343K | 308K | 248K | 245K | 170K |
| Total Assets | 90.67M | 97.54M | 99.59M | 99.2M | 108.7M | 115.31M | 141.4M | 138.77M | 142.38M | 161.77M | 180.37M | 182.31M | 179.56M | 195.4M | 214.5M | 196.69M | 193.12M | 201.44M | 173.64M | 155.3M |
| Asset Turnover | 0.24x | 0.27x | 0.30x | 0.30x | 0.20x | 0.19x | 0.26x | 0.27x | 0.24x | 0.23x | 0.27x | 0.26x | 0.22x | 0.21x | 0.33x | 0.31x | 0.26x | 0.23x | 0.37x | 0.32x |
| Asset Growth % | -16.59% | -15.4% | -29.57% | -28.52% | -23.66% | -28.72% | -21.61% | -23.88% | -20.7% | -17.21% | -15.91% | -7.31% | -7.02% | -3% | 23.53% | 26.65% | 38.2% | 43.93% | 39.78% | 452.85% |
| Total Current Liabilities | 40.23M | 42.85M | 68.41M | 66.74M | 72.34M | 77.04M | 41.53M | 38.46M | 39.89M | 49.43M | 49.65M | 36.25M | 35.26M | 48.48M | 69.38M | 54.32M | 48.7M | 54.75M | 67.41M | 51.18M |
| Accounts Payable | 18.2M | 20.81M | 10.45M | 7.18M | 14.14M | 20.7M | 19.73M | 16.48M | 18.88M | 27.45M | 30.1M | 15.14M | 16.68M | 30.72M | 38.95M | 23.88M | 19.4M | 25.71M | 32.95M | 26.11M |
| Days Payables Outstanding | 113.22 | 70.58 | 38.99 | 48.34 | 109.03 | 111.72 | 69.31 | 67.07 | 80 | 99.89 | 65.75 | 49.55 | 81.91 | 112.79 | 60.57 | 46.01 | 53.44 | 77.87 | 60.08 | 54.29 |
| Short-Term Debt | 1.27M | 1.27M | 36.69M | 39.03M | 39.62M | 37.15M | 1.68M | 3.11M | 1.05M | 1.04M | 1.02M | 3.81M | 848K | 845K | 9.22M | 9.16M | 9.06M | 9.8M | 23.93M | 16.48M |
| Deferred Revenue (Current) | 8.98M | 9.27M | 9.35M | 9.5M | 9.14M | 9.02M | 9.46M | 8.98M | 8.88M | 8.7M | 8.2M | 8.25M | 8.4M | 8.31M | 8.19M | 7.6M | 7.79M | 7.58M | 6.57M | 6.2M |
| Other Current Liabilities | 5.06M | 4.08M | 4.88M | 4.58M | 4.3M | 4.68M | 2M | 1.61M | 3.36M | 4.97M | 2.86M | 1.39M | 1M | 1.4M | 1.78M | 2.42M | 3.71M | 3.73M | 3.96M | 2.39M |
| Current Ratio | 1.63x | 1.62x | 1.02x | 0.99x | 1.02x | 1.02x | 2.10x | 2.21x | 2.17x | 2.10x | 2.24x | 2.79x | 2.75x | 2.29x | 1.90x | 1.99x | 2.02x | 1.98x | 1.48x | 1.52x |
| Quick Ratio | 0.72x | 0.73x | 0.64x | 0.57x | 0.49x | 0.46x | 1.08x | 1.23x | 1.19x | 1.20x | 1.37x | 1.76x | 1.50x | 1.09x | 1.19x | 1.16x | 1.01x | 1.04x | 1.02x | 1.11x |
| Cash Conversion Cycle | 162.22 | 134.87 | 145.47 | 159.92 | 218.17 | 208.53 | 153.24 | 144.76 | 136.43 | 138.33 | 123.68 | 145.76 | 164.97 | 149.85 | 92.58 | 108.66 | 118.84 | 112.66 | 56.39 | 62.14 |
| Total Non-Current Liabilities | 52.45M | 53.44M | 22.14M | 24.58M | 52.17M | 51.16M | 93.32M | 92.83M | 93.41M | 95.59M | 100.08M | 95.17M | 94.55M | 95.03M | 98.36M | 98.82M | 96.89M | 93.39M | 22.8M | 24.47M |
| Long-Term Debt | 32.87M | 32.88M | 0 | 0 | 0 | 0 | 37.11M | 37.14M | 37.4M | 39.13M | 43.35M | 43.37M | 43.56M | 43.78M | 44.06M | 44.24M | 41.96M | 42.14M | 0 | 2.39M |
| Capital Lease Obligations | 5.35M | 5.65M | 5.97M | 6.49M | 6.32M | 6.43M | 7.04M | 6.81M | 7.05M | 7.28M | 7.11M | 2.04M | 2.23M | 2.46M | 2.59M | 2.87M | 3.23M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 877K | 870K | 891K | 901K | 4.3M | 4.32M | 4.32M | 4.32M | 5.58M | 5.57M | 4.55M | 4.68M | 8.04M | 7.97M | 8.31M | 8.45M | 9.04M | 9.38M |
| Other Non-Current Liabilities | 59K | 60K | 155K | 1.88M | 30.13M | 28.67M | 28.51M | 28.51M | 28.51M | 28.51M | 28.51M | 28.51M | 28.51M | 28.51M | 28.66M | 28.82M | 28.84M | 28.85M | 350K | 365K |
| Total Liabilities | 92.68M | 96.29M | 90.54M | 91.32M | 124.51M | 128.2M | 134.85M | 131.29M | 133.3M | 145.02M | 149.73M | 131.42M | 129.8M | 143.5M | 167.74M | 153.14M | 145.6M | 148.13M | 90.2M | 75.65M |
| Total Debt | 41.13M | 41.54M | 44.48M | 47.43M | 47.87M | 45.59M | 48.17M | 49.12M | 47.42M | 49.28M | 53.05M | 50.91M | 48.47M | 48.98M | 57.64M | 58.02M | 56.26M | 51.94M | 23.93M | 18.88M |
| Net Debt | 34.24M | 32.17M | 32.67M | 39.82M | 39.8M | 37.59M | 37.67M | 41.61M | 35.61M | 32.03M | 34.64M | 35.33M | 37.19M | 34.39M | 35.69M | 46.4M | 44.99M | 34M | 17.71M | 11.44M |
| Debt / Equity | - | 33.10x | 4.92x | 6.02x | - | - | 7.36x | 6.56x | 5.22x | 2.94x | 1.73x | 1.00x | 0.97x | 0.94x | 1.23x | 1.33x | 1.18x | 0.97x | 0.29x | 0.24x |
| Debt / EBITDA | - | - | - | - | - | - | 39.61x | 15.05x | - | - | - | 11.64x | 23.27x | 33.34x | 6.63x | 18.44x | - | - | 4.60x | 5.61x |
| Net Debt / EBITDA | - | - | - | - | - | - | 30.98x | 12.74x | - | - | - | 8.08x | 17.86x | 23.41x | 4.10x | 14.74x | - | - | 3.40x | 3.40x |
| Interest Coverage | -4.42x | -3.70x | -1.34x | -0.73x | -0.36x | -6.66x | -0.21x | 0.39x | -1.39x | -6.33x | -3.91x | 0.80x | -0.17x | 0.06x | 2.40x | 1.03x | -1.13x | -9.64x | 3.44x | 1.40x |
| Total Equity | -2.01M | 1.25M | 9.05M | 7.88M | -15.81M | -12.9M | 6.54M | 7.48M | 9.08M | 16.75M | 30.64M | 50.89M | 49.76M | 51.89M | 46.76M | 43.55M | 47.52M | 53.3M | 83.44M | 79.65M |
| Equity Growth % | 87.28% | 109.73% | 38.28% | 5.29% | -274.12% | -176.99% | -78.65% | -85.29% | -81.75% | -67.72% | -34.47% | 16.86% | 4.72% | -2.64% | -43.96% | -45.33% | -37.67% | 19.86% | 88.25% | 642.2% |
| Book Value per Share | -19.12 | 11.93 | 94.12 | 86.07 | -225.12 | -235.59 | 119.88 | 137.64 | 168.31 | 310.70 | 581.56 | 976.08 | 993.61 | 1000.13 | 751.72 | 952.68 | 1045.78 | 1233.45 | 1856.73 | 1981.91 |
| Total Shareholders' Equity | -2.01M | 1.25M | 9.05M | 7.88M | -15.81M | -12.9M | 6.54M | 7.48M | 9.08M | 16.75M | 30.64M | 50.89M | 49.76M | 51.89M | 46.76M | 43.55M | 47.52M | 53.3M | 83.44M | 79.65M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 1K | 1K | 1K | 1K | 1K | 7K | 1K | 7K | 7K | 7K | 6K | 6K | 6K |
| Retained Earnings | -162.94M | -156.42M | -146.76M | -140.57M | -135.85M | -132.61M | -115.9M | -112.84M | -111.36M | -104.28M | -86.6M | -68.85M | -68.04M | -65.04M | -63.02M | -66.13M | -66.16M | -61.3M | -54.16M | -54.89M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 2.41M | 2.55M | 1.08M | 949K | 797K | 227K | 2.71M | 443K | 490K | 1.3M | -1.49M | 1.37M | -356K | -914K | -7.72M | -2.68M | 1.96M | 3.73M | 3.45M | 5.46M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |