Rekor Systems, Inc. (REKR) 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 | 25.73M | 30.73M | 22.46M | 21.38M | 19.95M | 19.93M | 23.22M | 17.78M | 25.56M | 25.34M | 19.86M | 12.9M | 21.33M | 9.28M | 17.75M | 25.06M | 20.61M | 30.68M | 42.92M | 87.85M |
| Cash & Short-Term Investments | 12.6M | 16.57M | 3.16M | 4.83M | 3.85M | 5.01M | 10.6M | 3.09M | 12.27M | 15.71M | 7.03M | 2.44M | 12.07M | 1.92M | 8.76M | 13.99M | 14.61M | 25.8M | 35.1M | 82.03M |
| Cash Only | 12.6M | 16.57M | 3.16M | 4.83M | 3.85M | 5.01M | 10.6M | 3.09M | 12.27M | 15.71M | 7.03M | 2.44M | 12.07M | 1.92M | 8.76M | 13.99M | 14.61M | 25.8M | 35.1M | 69.03M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13M |
| Accounts Receivable | 7.76M | 8.97M | 12.57M | 8.29M | 7.92M | 7.57M | 7.07M | 9.36M | 7.91M | 5.29M | 7.36M | 6.04M | 4.64M | 3.58M | 4.66M | 5.18M | 1.82M | 1.17M | 2.77M | 2.34M |
| Days Sales Outstanding | 73.35 | 78.04 | 67.61 | 59.68 | 75.8 | 50.72 | 71.63 | 63.21 | 61.45 | 52.62 | 67.63 | 56.75 | 59.78 | 58.58 | 66.73 | 86.14 | 45.32 | 56.93 | 89.89 | 54.83 |
| Inventory | 2.94M | 3.07M | 3.88M | 4.58M | 4.2M | 4.3M | 3.94M | 3.63M | 3.75M | 3.06M | 3.46M | 2.68M | 2.02M | 1.99M | 3.07M | 3.23M | 1.23M | 1.19M | 1.82M | 1.36M |
| Days Inventory Outstanding | 42.66 | 61.79 | 74.95 | 63.94 | 80.27 | 59.42 | 59 | 58.14 | 58.65 | 57.87 | 65.33 | 51.68 | 62.79 | 67.5 | 79.25 | 90.47 | 70.91 | 90.62 | 104.3 | 80.98 |
| Other Current Assets | 2.43M | 2.12M | 2.84M | 3.68M | 3.98M | 3.05M | 1.6M | 1.71M | 1.63M | 1.27M | 1.67M | 1.4M | 2.61M | 1.79M | 1.27M | 2.67M | 2.95M | 2.52M | 3.22M | 1.27M |
| Total Non-Current Assets | 52.77M | 54.66M | 58.52M | 58.69M | 59.85M | 65.5M | 77.98M | 80.1M | 81.59M | 66.81M | 68.3M | 71.02M | 72.44M | 74.56M | 75.71M | 111.92M | 99.48M | 95.2M | 89.73M | 16.72M |
| Property, Plant & Equipment | 13.87M | 14.98M | 19.77M | 19.65M | 20.48M | 22.71M | 24.47M | 24.99M | 25.38M | 24.76M | 25.59M | 25.5M | 25.52M | 26.39M | 26.48M | 26.18M | 19.72M | 16.09M | 14.87M | 1.84M |
| Fixed Asset Turnover | 0.71x | 0.73x | 0.72x | 0.62x | 0.43x | 0.56x | 0.43x | 0.49x | 0.39x | 0.44x | 0.36x | 0.34x | 0.24x | 0.24x | 0.26x | 0.16x | 0.17x | 0.21x | 0.31x | 2.42x |
| Goodwill | 24.31M | 24.31M | 24.31M | 24.31M | 24.31M | 24.31M | 24.31M | 24.31M | 24.16M | 20.59M | 20.59M | 20.59M | 20.59M | 20.59M | 20.53M | 58.45M | 53.45M | 53.45M | 49.86M | 6.34M |
| Intangible Assets | 12.95M | 13.25M | 13.55M | 13.85M | 14.15M | 14.45M | 25.83M | 27M | 28.17M | 17.24M | 18.21M | 19.23M | 20.26M | 21.3M | 22.45M | 21.21M | 20.41M | 21.41M | 22.77M | 6.22M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 57K | 142K | 227K | 312K | 397K | 482K | 567K | 1.9M | 2M | 2M | 2.71M | 1.7M | 1.4M | 1.25M | 1M | 1M |
| Other Non-Current Assets | 1.64M | 2.11M | 887K | 881K | 852K | 3.89M | 3.14M | 3.48M | 3.49M | -2.9M | 3.92M | 3.14M | 4.07M | -649K | 3.53M | 4.39M | 4.51M | 1.98M | 127K | 127K |
| Total Assets | 78.5M | 85.39M | 80.98M | 80.07M | 79.8M | 82.47M | 101.19M | 97.88M | 107.15M | 92.15M | 88.16M | 83.91M | 93.77M | 83.84M | 93.46M | 136.98M | 120.1M | 125.88M | 132.65M | 104.56M |
| Asset Turnover | 0.13x | 0.15x | 0.18x | 0.15x | 0.11x | 0.14x | 0.11x | 0.12x | 0.10x | 0.12x | 0.11x | 0.10x | 0.07x | 0.07x | 0.06x | 0.03x | 0.02x | 0.02x | 0.02x | 0.04x |
| Asset Growth % | -1.63% | 3.53% | -19.98% | -18.19% | -25.52% | -10.5% | 14.79% | 16.64% | 14.27% | 9.91% | -5.67% | -38.74% | -21.92% | -33.4% | -29.54% | 31% | 10.79% | 211.57% | 208.35% | 362.61% |
| Total Current Liabilities | 29.46M | 29.09M | 15.5M | 15.22M | 16.88M | 18.22M | 30.61M | 21.16M | 20.32M | 17.24M | 16.28M | 14.59M | 14.36M | 15.44M | 18.93M | 17.91M | 11.44M | 13.82M | 14.84M | 8.08M |
| Accounts Payable | 5.87M | 4.36M | 3.76M | 4.09M | 4.54M | 4.33M | 5.77M | 6.27M | 6.91M | 5.14M | 5.62M | 5.45M | 6.16M | 5.96M | 8.18M | 7.39M | 4.34M | 7.09M | 6.49M | 3.27M |
| Days Payables Outstanding | 72.62 | 72.17 | 69.54 | 62.91 | 83.88 | 72.84 | 93.86 | 103.8 | 103.69 | 95.53 | 117.83 | 127.82 | 190.18 | 188.89 | 196.01 | 238.12 | 334.47 | 407.99 | 320.43 | 230 |
| Short-Term Debt | 16.74M | 14.89M | 82K | 81K | 1.08M | 1.08M | 1.08M | 2.08M | 1.08M | 1.07M | 1.08M | 2.44M | 97K | 3.17M | 2.17M | 2.01M | 1.71M | 1.26M | 1.91M | 2.04M |
| Deferred Revenue (Current) | 4.5M | 4.6M | 4.09M | 3.75M | 4.57M | 3.44M | 0 | 3.62M | 4.63M | 3.6M | 4.5M | 3.65M | 4.25M | 3.04M | 3.57M | 2.01M | 2.19M | 2.44M | 2.74M | 1.78M |
| Other Current Liabilities | 2.35M | 386K | 2.34M | 2.36M | 2.52M | 3.49M | 18.09M | 3.63M | 2.89M | 2.79M | 325K | -1M | 953K | -290K | 5.01M | 5.59M | 2.53M | 2.82M | 3.61M | 843K |
| Current Ratio | 0.87x | 1.06x | 1.45x | 1.40x | 1.18x | 1.09x | 0.76x | 0.84x | 1.26x | 1.47x | 1.22x | 0.88x | 1.49x | 0.60x | 0.94x | 1.40x | 1.80x | 2.22x | 2.89x | 10.87x |
| Quick Ratio | 0.77x | 0.95x | 1.20x | 1.10x | 0.93x | 0.86x | 0.63x | 0.67x | 1.07x | 1.29x | 1.01x | 0.70x | 1.35x | 0.47x | 0.78x | 1.22x | 1.69x | 2.13x | 2.77x | 10.70x |
| Cash Conversion Cycle | 43.39 | 67.66 | 73.03 | 60.7 | 72.19 | 37.3 | 36.77 | 17.56 | 16.4 | 14.96 | 15.12 | -19.39 | -67.61 | -62.81 | -50.02 | -61.51 | -218.24 | -260.44 | -126.23 | -94.19 |
| Total Non-Current Liabilities | 14.58M | 13.43M | 28.99M | 29.45M | 29.56M | 30.11M | 30.25M | 30.57M | 31.87M | 41.55M | 28.3M | 27.4M | 27.43M | 19.06M | 19.23M | 19.73M | 15.2M | 10.97M | 11.05M | 1.31M |
| Long-Term Debt | 89K | 112K | 14.89M | 14.86M | 14.83M | 14.8M | 14.77M | 14.68M | 15.64M | 24.94M | 10.12M | 9.62M | 10.12M | 2.35M | 2.38M | 2.38M | 28K | 37K | 46K | 55K |
| Capital Lease Obligations | 12.6M | 11.23M | 11.94M | 12.58M | 12.86M | 13.35M | 13.64M | 13.91M | 14.16M | 14.5M | 14.48M | 14.16M | 13.87M | 14.24M | 14.49M | 14.43M | 14.26M | 10.03M | 9.99M | 144K |
| Deferred Tax Liabilities | 93K | 93K | 79K | 79K | 79K | 79K | 65K | 65K | 65K | 65K | 52K | 52K | 52K | 52K | 38K | 38K | 38K | 38K | 34K | 31K |
| Other Non-Current Liabilities | 587K | 587K | 587K | 587K | 587K | 587K | 587K | 587K | 587K | 587K | 2.14M | 2.09M | 2.05M | 1.42M | 1.3M | 2.01M | 0 | 34K | 0 | 0 |
| Total Liabilities | 44.03M | 42.52M | 44.49M | 44.67M | 46.44M | 48.33M | 60.86M | 51.72M | 52.19M | 58.78M | 44.58M | 41.99M | 41.79M | 34.5M | 38.16M | 37.63M | 26.64M | 24.79M | 25.89M | 9.39M |
| Total Debt | 29.42M | 29.74M | 29.91M | 29.94M | 30.55M | 32.44M | 32.25M | 33.13M | 32.83M | 42.33M | 27.32M | 27.57M | 25.16M | 20.83M | 19.04M | 19.73M | 16.68M | 11.54M | 12.05M | 2.38M |
| Net Debt | 16.82M | 13.17M | 26.75M | 25.11M | 26.7M | 27.42M | 21.65M | 30.04M | 20.56M | 26.61M | 20.29M | 25.13M | 13.1M | 18.91M | 10.28M | 5.74M | 2.07M | -14.25M | -23.06M | -66.65M |
| Debt / Equity | 0.85x | 0.69x | 0.82x | 0.85x | 0.92x | 0.95x | 0.80x | 0.72x | 0.60x | 1.27x | 0.63x | 0.66x | 0.48x | 0.42x | 0.34x | 0.20x | 0.18x | 0.11x | 0.11x | 0.03x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -14.99x | -16.17x | -5.98x | -14.43x | -16.79x | -33.06x | -24.50x | -17.01x | -16.66x | -11.98x | -10.66x | -11.32x | -15.66x | -421.96x | -611.76x | -922.00x | -1408.67x | -636.00x | -456.81x | -259.50x |
| Total Equity | 34.47M | 42.87M | 36.48M | 35.4M | 33.36M | 34.14M | 40.33M | 46.16M | 54.96M | 33.37M | 43.58M | 41.92M | 51.98M | 49.34M | 55.3M | 99.35M | 93.45M | 101.09M | 106.75M | 95.17M |
| Equity Growth % | 3.32% | 25.57% | -9.55% | -23.31% | -39.3% | 2.31% | -7.45% | 10.09% | 5.74% | -32.36% | -21.19% | -57.8% | -44.38% | -51.19% | -48.2% | 4.39% | -5.41% | 217.28% | 207.34% | 2151.14% |
| Book Value per Share | 0.25 | 0.36 | 0.29 | 0.30 | 0.31 | 0.37 | 0.45 | 0.54 | 0.69 | 0.48 | 0.65 | 0.68 | 0.95 | 0.91 | 1.03 | 2.11 | 2.12 | 2.41 | 2.55 | 2.32 |
| Total Shareholders' Equity | 34.47M | 42.87M | 36.48M | 35.4M | 33.36M | 34.14M | 40.33M | 46.16M | 54.96M | 33.37M | 43.58M | 41.92M | 51.98M | 49.34M | 55.3M | 99.35M | 93.45M | 101.09M | 106.75M | 95.17M |
| Common Stock | 13K | 13K | 12K | 12K | 11K | 10K | 9K | 9K | 8K | 7K | 7K | 6K | 6K | 5K | 5K | 5K | 4K | 4K | 4K | 4K |
| Retained Earnings | -300.91M | -291.55M | -283.77M | -279.63M | -270.97M | -260.09M | -239.74M | -227.09M | -217.3M | -198.68M | -187.36M | -176.79M | -165.68M | -153M | -146.17M | -98.09M | -82.48M | -69.88M | -62.88M | -53.27M |
| Treasury Stock | -902K | -900K | -873K | -873K | -804K | -711K | -711K | -702K | -702K | -522K | -522K | -506K | -506K | -417K | -417K | -417K | -417K | -319K | -319K | -319K |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 386K | 335K | 0 | 0 | 6K | 3K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |