Simulations Plus, Inc.

For the period ended Aug 31, 2025. Filed Dec 1, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Dec 1, 2025

SLP$18.500.0%Stored close · as of Oct 5, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets

(in thousands, except share and per share amounts)	August 31, 2025	August 31, 2024
ASSETS
Current assets
Cash and cash equivalents	$30,853	$10,311
Accounts receivable, net of allowance for credit losses of $187 and $149	9,717	9,136
Prepaid income taxes	1,777	2,197
Prepaid expenses and other current assets	7,702	7,753
Short-term investments	1,500	9,944
Total current assets	51,549	39,341
Long-term assets
Capitalized computer software development costs, net of accumulated amortization of $21,863 and $18,727	11,117	12,499
Property and equipment, net	880	812
Operating lease right-of-use assets	407	1,027
Intellectual property, net of accumulated amortization of $9,021 and $5,490	6,197	23,130
Other intangible assets, net of accumulated amortization of $4,399 and $3,177	11,896	23,210
Goodwill	43,717	96,078
Deferred tax assets, net	4,774	—
Other assets	1,399	542
Total assets	$131,936	$196,639
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Accounts payable	$470	$602
Accrued compensation	2,010	4,513
Accrued expenses	1,343	2,043
Contracts payable - current portion	—	2,440
Operating lease liability - current portion	206	475
Deferred revenue	2,696	1,996
Total current liabilities	6,725	12,069
Long-term liabilities
Deferred tax liabilities, net	—	1,608
Operating lease liability - net of current portion	410	531
Total liabilities	7,135	14,208
Shareholders' equity
Preferred stock, $0.001 par value — 10,000,000 shares authorized; no shares issued and outstanding	$—	$—
Common stock, $0.001 par value; 50,000,000 shares authorized, 20,137,480 and 20,051,134 shares issued and outstanding	20	20
Additional paid-in capital	159,416	152,308
(Accumulated deficit) retained earnings	(34,364)	30,354
Accumulated other comprehensive loss	(271)	(251)
Total shareholders' equity	124,801	182,431
Total liabilities and shareholders' equity	$131,936	$196,639

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.