ONE STOP SYSTEMS INC
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
OSS$5.05+17.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| Unaudited | Audited | |
|---|---|---|
| September 30, | December 31, | |
| 2024 | 2023 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $9,402,608 | $4,048,948 |
| Short-term investments (Note 3) | 3,180,213 | 7,771,820 |
| Accounts receivable, net (Note 4) | 9,327,339 | 8,318,247 |
| Inventories, net (Note 5) | 15,300,745 | 21,694,748 |
| Prepaid expenses and other current assets | 960,236 | 611,066 |
| Total current assets | 38,171,141 | 42,444,829 |
| Property and equipment, net | 1,858,348 | 2,370,224 |
| Operating lease right-of use assets | 1,609,278 | 1,922,784 |
| Deposits and other | 38,093 | 38,093 |
| Deferred tax asset, net | 507,187 | - |
| Goodwill | 1,489,722 | 1,489,722 |
| Total Assets | $43,673,769 | $48,265,652 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities | ||
| Accounts payable | $4,059,675 | $1,201,781 |
| Accrued expenses and other liabilities (Note 6) | 6,000,188 | 3,202,519 |
| Current portion of operating lease obligation (Note 9) | 320,731 | 390,926 |
| Current portion of notes payable (Note 7) | 1,114,291 | 2,077,895 |
| Total current liabilities | 11,494,885 | 6,873,121 |
| Deferred tax liability, net | - | 44,673 |
| Operating lease obligation, net of current portion (Note 9) | 1,554,580 | 1,765,536 |
| Total liabilities | 13,049,465 | 8,683,330 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value; 50,000,000 shares authorized; 21,114,534 and 20,661,341 shares issued and outstanding, respectively | 2,111 | 2,066 |
| Additional paid-in capital | 48,562,761 | 47,323,673 |
| Accumulated other comprehensive income | 977,710 | 675,310 |
| Accumulated deficit | (18,918,278) | (8,418,727) |
| Total stockholders’ equity | 30,624,304 | 39,582,322 |
| Total Liabilities and Stockholders' Equity | $43,673,769 | $48,265,652 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.