Genasys Inc. (GNSS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | 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 |
|---|
| Total Current Assets | 38.81M | 44M | 39.3M | 31.93M | 23.42M | 28M | 26.14M | 31.62M | 22.26M | 26.98M | 25.21M | 27.26M | 27.29M | 29.09M | 35.56M | 32.82M | 31.12M | 31.5M | 35.48M | 34.96M |
| Cash & Short-Term Investments | 961K | 10.32M | 8.04M | 5.46M | 7.08M | 13.62M | 12.89M | 12.72M | 6.55M | 13.56M | 10.15M | 6.52M | 11.92M | 14.11M | 19.13M | 16.99M | 14.18M | 14.07M | 18.85M | 20.52M |
| Cash Only | 931K | 10.29M | 7.97M | 5.34M | 5.67M | 8.47M | 4.95M | 8.67M | 3.54M | 4.78M | 8.66M | 2.97M | 6.37M | 7.56M | 12.74M | 11.72M | 8.98M | 10.14M | 13.17M | 14.54M |
| Short-Term Investments | 30K | 30K | 70K | 120K | 1.41M | 5.15M | 7.95M | 4.05M | 3.01M | 8.78M | 1.48M | 3.55M | 5.55M | 6.55M | 6.4M | 5.27M | 5.2M | 3.94M | 5.69M | 5.98M |
| Accounts Receivable | 16.7M | 17.04M | 14.59M | 8.29M | 3.94M | 3.33M | 3.73M | 5.74M | 2.89M | 4.55M | 6.21M | 10.73M | 4.01M | 5.19M | 8.38M | 5.69M | 5.55M | 6.79M | 7.68M | 6.27M |
| Days Sales Outstanding | 97.92 | 85.26 | 61.83 | 56.48 | 47.18 | 46.76 | 64.58 | 54.78 | 58.99 | 113.47 | 72.83 | 47.04 | 36.91 | 59.49 | 40.34 | 36.14 | 42.16 | 62.34 | 42.65 | 42.21 |
| Inventory | 18.14M | 8.57M | 8.8M | 11.43M | 8.68M | 7.5M | 7.31M | 7.32M | 6.56M | 6.89M | 6.5M | 7.95M | 9.39M | 8M | 6.01M | 8.81M | 9.64M | 9.14M | 6.42M | 6.42M |
| Days Inventory Outstanding | 211.42 | 90 | 110.06 | 125.98 | 168.41 | 181.13 | 168.56 | 186.67 | 171.86 | 213.74 | 123.31 | 104.25 | 124.45 | 113.97 | 85.78 | 115.16 | 141.09 | 129.3 | 80.37 | 94.38 |
| Other Current Assets | 962K | 154K | 38K | 119K | 206K | 313K | 151K | 498K | 251K | 342K | 824K | 774K | 726K | 739K | 344K | 303K | 458K | 400K | 594K | 517K |
| Total Non-Current Assets | 22.82M | 23.65M | 24.57M | 25.46M | 26.3M | 26.64M | 27.8M | 27.79M | 28.77M | 29.66M | 24.7M | 33.5M | 34.42M | 35.38M | 36.29M | 52.29M | 53.94M | 55.78M | 54.64M | 58.61M |
| Property, Plant & Equipment | 2.95M | 3.23M | 3.54M | 3.72M | 4M | 4.13M | 4.4M | 4.68M | 4.99M | 5.3M | 5.44M | 5.76M | 5.99M | 6.14M | 6.3M | 5.96M | 6.23M | 6.51M | 6.62M | 6.88M |
| Fixed Asset Turnover | 5.01x | 5.04x | 4.69x | 2.55x | 1.71x | 1.63x | 1.48x | 1.48x | 1.12x | 0.81x | 1.91x | 2.43x | 1.85x | 1.69x | 2.62x | 2.32x | 2.07x | 1.63x | 2.23x | 1.80x |
| Goodwill | 13.4M | 13.45M | 13.45M | 13.45M | 13.26M | 13.16M | 13.33M | 13.23M | 13.25M | 13.15M | 10.28M | 10.35M | 10.35M | 10.31M | 10.12M | 23.51M | 23.83M | 23.79M | 23.83M | 23.91M |
| Intangible Assets | 4.99M | 5.57M | 6.15M | 6.72M | 7.3M | 7.88M | 8.51M | 9.12M | 9.74M | 10.37M | 8.43M | 8.96M | 9.48M | 10M | 10.51M | 11.1M | 11.73M | 12.25M | 12.8M | 13.43M |
| Long-Term Investments | 585K | 0 | 0 | 0 | 130K | 305K | 249K | 0 | 0 | 0 | 0 | 392K | 601K | 1.03M | 781K | 2M | 2.26M | 3.38M | 1.88M | 2.3M |
| Other Non-Current Assets | 885K | 1.39M | 1.43M | 1.57M | 1.61M | 1.15M | 1.31M | 750K | 785K | 840K | 551K | 643K | 626K | 518K | 1.22M | 1.31M | 1.5M | 1.52M | 1.47M | 1.4M |
| Total Assets | 61.63M | 67.65M | 63.87M | 57.39M | 49.72M | 54.64M | 53.94M | 59.41M | 51.03M | 56.64M | 49.91M | 60.76M | 61.7M | 64.46M | 71.85M | 85.11M | 85.06M | 87.28M | 90.13M | 93.57M |
| Asset Turnover | 0.24x | 0.26x | 0.28x | 0.18x | 0.13x | 0.13x | 0.12x | 0.13x | 0.11x | 0.08x | 0.19x | 0.23x | 0.18x | 0.15x | 0.20x | 0.17x | 0.15x | 0.12x | 0.16x | 0.15x |
| Asset Growth % | 23.95% | 23.8% | 18.42% | -3.39% | -2.57% | -3.53% | 8.08% | -2.23% | -17.29% | -12.14% | -30.55% | -28.61% | -27.46% | -26.14% | -20.28% | -9.04% | 19.96% | 23.62% | 36.21% | 58.52% |
| Total Current Liabilities | 53.16M | 60.01M | 54.44M | 49.4M | 22.62M | 21.05M | 14.09M | 12.27M | 11.93M | 11.55M | 11.26M | 12.5M | 11.94M | 11.64M | 15.37M | 15.21M | 14.28M | 16.07M | 17.47M | 17.19M |
| Accounts Payable | 9.65M | 7.46M | 8.18M | 7.8M | 4.17M | 4.5M | 4.03M | 3.56M | 2.6M | 1.9M | 2.79M | 3.32M | 3.51M | 2.61M | 2.33M | 2.5M | 2.96M | 2.26M | 2.16M | 2.71M |
| Days Payables Outstanding | 135.46 | 81.02 | 86.92 | 75.02 | 90.34 | 104.4 | 87.53 | 82.84 | 57.41 | 74.73 | 52.13 | 41.1 | 43.8 | 40.21 | 28 | 34.06 | 39.17 | 36.73 | 30.47 | 38.59 |
| Short-Term Debt | 15.77M | 13.82M | 18.01M | 17.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 267K | 290K | 296K | 304K |
| Deferred Revenue (Current) | 3.71M | 34.13M | 23.93M | 19.89M | 14.05M | 12.2M | 5.25M | 4.43M | 4.64M | 4.21M | 3.47M | 4.05M | 3.51M | 4.6M | 6.55M | 7.98M | 6.72M | 9.67M | 9.82M | 10.19M |
| Other Current Liabilities | 20.85M | 285K | 165K | 250K | 243K | 215K | 532K | 321K | 416K | 1.4M | 935K | 920K | 892K | 870K | 164K | 158K | 252K | 146K | 148K | 324K |
| Current Ratio | 0.73x | 0.73x | 0.72x | 0.65x | 1.04x | 1.33x | 1.86x | 2.58x | 1.87x | 2.34x | 2.24x | 2.18x | 2.29x | 2.50x | 2.31x | 2.16x | 2.18x | 1.96x | 2.03x | 2.03x |
| Quick Ratio | 0.39x | 0.59x | 0.56x | 0.42x | 0.65x | 0.97x | 1.34x | 1.98x | 1.32x | 1.74x | 1.66x | 1.54x | 1.50x | 1.81x | 1.92x | 1.58x | 1.50x | 1.39x | 1.66x | 1.66x |
| Cash Conversion Cycle | 173.88 | 94.24 | 84.97 | 107.44 | 125.25 | 123.49 | 145.61 | 158.61 | 173.44 | 252.47 | 144.01 | 110.18 | 117.55 | 133.25 | 98.13 | 117.23 | 144.08 | 154.91 | 92.55 | 98.01 |
| Total Non-Current Liabilities | 5.44M | 5.83M | 7.27M | 4.84M | 19.04M | 19.92M | 22.29M | 18.66M | 4.22M | 4.54M | 4.83M | 4.67M | 4.96M | 5.22M | 6.1M | 6.03M | 6.31M | 6.48M | 6.7M | 11.37M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 12.81M | 12.38M | 12.01M | 11.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 1.62M | 1.92M | 2.22M | 2.46M | 2.73M | 2.99M | 3.27M | 3.52M | 3.77M | 4.03M | 4.28M | 4.55M | 4.8M | 4.98M | 5.19M | 5.06M | 5.28M | 5.49M | 5.71M | 5.95M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.73M |
| Other Non-Current Liabilities | 2.01M | 2.7M | 3.57M | 2.08M | 3.22M | 4.17M | 6.64M | 3.1M | 0 | 0 | 0 | 0 | 0 | 0 | 680K | 713K | 723K | 699K | 687K | 693K |
| Total Liabilities | 58.6M | 65.84M | 61.7M | 54.23M | 41.66M | 40.97M | 36.37M | 30.93M | 16.15M | 16.09M | 16.09M | 17.17M | 16.9M | 16.86M | 21.46M | 21.24M | 20.59M | 22.55M | 24.17M | 28.57M |
| Total Debt | 17.39M | 16.89M | 21.35M | 20.59M | 16.58M | 16.39M | 16.3M | 16.24M | 4.8M | 5.06M | 5.29M | 5.55M | 5.79M | 5.93M | 6.14M | 5.94M | 6.44M | 6.68M | 6.9M | 7.13M |
| Net Debt | 16.46M | 6.6M | 13.38M | 15.25M | 10.92M | 7.92M | 11.36M | 7.57M | 1.26M | 281K | -3.37M | 2.58M | -585K | -1.63M | -6.6M | -5.78M | -2.54M | -3.45M | -6.26M | -7.41M |
| Debt / Equity | 5.74x | 9.35x | 9.85x | 6.52x | 2.06x | 1.20x | 0.93x | 0.57x | 0.14x | 0.12x | 0.16x | 0.13x | 0.13x | 0.12x | 0.12x | 0.09x | 0.10x | 0.10x | 0.10x | 0.11x |
| Debt / EBITDA | 7.98x | 31.56x | 9.83x | - | - | - | - | - | - | - | - | - | - | - | - | 30.93x | 21.61x | - | 4.53x | 6.51x |
| Net Debt / EBITDA | 7.56x | 12.34x | 6.16x | - | - | - | - | - | - | - | - | - | - | - | - | -30.13x | -8.52x | - | -4.11x | -6.76x |
| Interest Coverage | 3.94x | -0.81x | 2.91x | -14.22x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 3.03M | 1.81M | 2.17M | 3.16M | 8.06M | 13.67M | 17.56M | 28.47M | 34.88M | 40.55M | 33.81M | 43.59M | 44.8M | 47.6M | 50.39M | 63.87M | 64.47M | 64.73M | 65.96M | 65M |
| Equity Growth % | -62.41% | -86.79% | -87.66% | -88.91% | -76.91% | -66.29% | -48.06% | -34.68% | -22.14% | -14.81% | -32.9% | -31.75% | -30.51% | -26.46% | -23.6% | -1.74% | 21.32% | 22.93% | 34.22% | 65.79% |
| Book Value per Share | 0.07 | 0.04 | 0.05 | 0.07 | 0.18 | 0.30 | 0.40 | 0.64 | 0.79 | 0.93 | 0.91 | 1.18 | 1.22 | 1.30 | 1.38 | 1.75 | 1.77 | 1.78 | 1.77 | 1.84 |
| Total Shareholders' Equity | 3.03M | 1.81M | 2.17M | 3.16M | 8.06M | 13.67M | 17.56M | 28.47M | 34.88M | 40.55M | 33.81M | 43.59M | 44.8M | 47.6M | 50.39M | 63.87M | 64.47M | 64.73M | 65.96M | 65M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -126M | -126.72M | -125.9M | -124.5M | -118.01M | -111.87M | -107.79M | -96.41M | -89.72M | -82.79M | -76.06M | -66M | -64.28M | -60.87M | -57.37M | -43.54M | -42.95M | -42.46M | -41.15M | -41.92M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 635K | 692K | 687K | 676K | -455K | -542K | -335K | -470K | -445K | -386K | -505K | -424K | -445K | -526K | -792K | -536K | -84K | -83K | 2K | 324K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |