ENCISION INC
For the period ended Jun 30, 2025. Filed Aug 15, 2025.
View on SEC.govAbout this filing
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.
Jun 30, 2025 · Filed Aug 15, 2025
ECIAStored price and day change unavailable
Contents
Item 1. Condensed Interim Financial Statements
Condensed Balance Sheets
| June 30, 2025 | March 31, 2025 | |
|---|---|---|
| Unaudited | Audited | |
| ASSETS | ||
| Current assets: | ||
| Cash | $47,918 | $257,433 |
| Accounts receivable | 749,426 | 786,471 |
| Inventories | 1,534,887 | 1,483,182 |
| Prepaid expenses | 118,308 | 85,679 |
| Total current assets | 2,450,539 | 2,612,765 |
| Equipment: | ||
| Furniture, fixtures, and equipment, at cost | 2,591,981 | 2,585,446 |
| Accumulated depreciation | (2,358,134) | (2,340,689) |
| Equipment, net | 233,847 | 244,757 |
| Right of use asset, net | 1,199,806 | 568,395 |
| Patents, net | 166,708 | 171,890 |
| Other assets | 80,655 | 72,892 |
| TOTAL ASSETS | 4,131,555 | 3,670,699 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $328,123 | $346,900 |
| Line of credit | 320,440 | 395,964 |
| Secured notes | 39,802 | 44,128 |
| Accrued compensation | 208,850 | 180,850 |
| Deferred Revenue | 2,574 | 17,401 |
| Other accrued liabilities | 129,615 | 160,274 |
| Accrued lease liability | 248,469 | 430,398 |
| Total current liabilities | 1,277,873 | 1,575,915 |
| Long-term liability: | ||
| Secured notes | 169,997 | 177,470 |
| Accrued lease liability | 1,061,597 | 266,212 |
| Total liabilities | 2,509,467 | 2,019,597 |
| Commitments and contingencies (Note 4) | — | — |
| Shareholders’ equity: | ||
| Preferred stock, no par value: 10,000,000 shares authorized; none issued and outstanding | — | — |
| Common stock and additional paid-in capital, no par value: 100,000,000 shares authorized; 11,879,645 and 11,879,645 issued and outstanding at June 30, 2025, and March 31, 2025, respectively | 24,428,466 | 24,416,347 |
| Accumulated (deficit) | (22,806,378) | (22,765,245) |
| Total shareholders’ equity | 1,622,088 | 1,651,102 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $4,131,555 | $3,670,699 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.