The company's financial position is deteriorating, with retained earnings falling to -$68.7 million in 2026Q1, reflecting a significant erosion of shareholder equity.
| Total Current Assets | 14.72M | 15.99M | 5.81M | 15.07M | 547.02K | 1.33M |
| Cash & Short-Term Investments | 4.44M | 5.98M | 5.39M | 7.06M | 7.57K | 1.12M |
| Cash Only | 4.44M | 5.98M | 5.39M | 7.06M | 7.57K | 1.12M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 8.44K | 2.62M | 177.55K | 172.49K | 539.46K | 218.35K |
| Days Sales Outstanding | 229.48 | 611.28 | 25.91 | 56.18 | 327.55 | 252.77 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - |
| Other Current Assets | 10.27M | 0 | 0 | 5.47M | 0 | 0 |
| Total Non-Current Assets | 15.25M | 15.24M | 1.13M | 18.4K | 2.08M | 2.33M |
| Property, Plant & Equipment | 295.14K | 363.81K | 0 | 8.4K | 0 | 0 |
| Fixed Asset Turnover | 8.24x | 4.30x | - | 133.38x | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 10B | 10K | 2.08M | 2.33M |
| Long-Term Investments | 16.91M | 14.67M | 1.12M | 0 | 0 | 0 |
| Other Non-Current Assets | 14.95M | 203.95K | -10B | 0 | 0 | 0 |
| Total Assets | 29.97M | 31.23M | 6.93M | 15.09M | 2.63M | 3.67M |
| Asset Turnover | 0.05x | 0.05x | 0.36x | 0.07x | 0.23x | 0.09x |
| Asset Growth % | 837.5% | 350.52% | -54.07% | 473.78% | -28.28% | - |
| Total Current Liabilities | 1.55M | 1.86M | 7.45M | 469.73K | 590.72K | 103.84K |
| Accounts Payable | 135.46K | 851.22K | 7.02M | 265.23K | 391.46K | 103.84K |
| Days Payables Outstanding | 282.34 | 222.64 | 909.68 | 105.73 | 177.9 | 55.95 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 10.42K | 10.42K | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.42M | 395K | 0 | 0 | 199.26K | 0 |
| Current Ratio | 9.47x | 8.60x | 0.78x | 32.09x | 0.93x | 12.85x |
| Quick Ratio | 9.47x | 8.60x | 0.78x | 32.09x | 0.93x | 12.85x |
| Cash Conversion Cycle | -52.86 | - | - | - | - | - |
| Total Non-Current Liabilities | 0 | 41.02K | 0 | 2.53K | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 41.02K | 41.02K | 0 | 2.53K | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.55M | 1.9M | 7.45M | 472.26K | 590.72K | 103.84K |
| Total Debt | 0 | 62.45K | 0 | 9.86K | 0 | 0 |
| Net Debt | -4.44M | -5.91M | -5.39M | -7.05M | -7.57K | -1.12M |
| Debt / Equity | 0.00x | 0.00x | - | 0.00x | - | - |
| Debt / EBITDA | -0.00x | - | - | - | - | - |
| Net Debt / EBITDA | 0.18x | - | - | - | - | - |
| Interest Coverage | - | - | - | -91.09x | - | - |
| Total Equity | 28.42M | 29.33M | -517.96K | 14.62M | 2.04M | 3.56M |
| Equity Growth % | 6256.92% | 5763.1% | -103.54% | 616.81% | -42.77% | - |
| Book Value per Share | 3.90 | 4.03 | -0.10 | 3.16 | 0.49 | 0.85 |
| Total Shareholders' Equity | 28.42M | 29.33M | -517.96K | 14.62M | 2.04M | 3.56M |
| Common Stock | 2.14K | 2.14K | 1.52K | 482 | 920 | 894 |
| Retained Earnings | -68.74M | -67.83M | -42.31M | -19.55M | -3.8M | -1.96M |
| Treasury Stock | 0 | -547.41K | -547.41K | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Unsustainable cash burn rate
As reported in recent financial filings, LQR House has seen its total assets fluctuate significantly, dropping from $35.0 million in 2025Q3 to $30.0 million in 2026Q1, which suggests a weakening balance sheet trajectory as the company struggles to maintain its operational scale amidst persistent net losses.
The consistent decline in retained earnings, which reached -$68.7 million by 2026Q1, indicates that the company is systematically consuming its equity base to fund ongoing operations. This trend suggests that the current business model is not generating sufficient value to offset the capital being deployed, raising concerns about the long-term viability of the firm's asset base.
Based on the company's reported figures, cash reserves have declined from a peak of $10.0 million in 2025Q3 to $4.4 million in 2026Q1, indicating that the firm's liquidity buffer is shrinking rapidly as it continues to fund its high-cost digital and retail operations.
While the current ratio of 9.47 appears high, it is largely a function of the company's limited liability structure rather than robust operational liquidity. Investors should monitor the cash burn rate closely, as the current trajectory suggests that the company may face significant liquidity constraints in the near future if revenue does not stabilize.
According to the balance sheet data, the company's equity position has been severely impacted by accumulated deficits, with retained earnings falling to -$68.7 million in 2026Q1, which highlights the erosion of shareholder value resulting from sustained operational losses and ineffective capital allocation strategies.
The negative trend in retained earnings suggests that the company has been unable to achieve profitability, forcing a reliance on external capital or existing cash reserves to remain solvent. This persistent erosion of equity warrants further investigation into whether the company's current strategy can ever lead to a sustainable return on invested capital.
As evidenced by the financial statements, the company's asset composition is heavily skewed toward intangible or non-productive assets, with net PPE remaining negligible at $295.1K in 2026Q1, which suggests that the firm lacks the physical infrastructure to support its premium brand aspirations.
The absence of significant tangible assets implies that the company's value is almost entirely dependent on brand equity and digital platform traffic, both of which appear to be underperforming based on the recent revenue contraction. This lack of physical backing makes the balance sheet particularly vulnerable to any further deterioration in market sentiment or brand relevance.
Quick answers to the most common questions about buying YHC stock.
As of 2025, LQR House Inc. (YHC) had total assets of $31.2M including $16.0M in current assets.
LQR House Inc. (YHC) carries total debt of $0.1M, offset by $6.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
LQR House Inc. (YHC) has total shareholders' equity (book value) of $29.3M ($4.03 book value per share). Book value represents the net worth of the company belonging to common stock holders.
LQR House Inc. (YHC) reported a current ratio of 8.60x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.