LIQTECH INTERNATIONAL INC
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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FY2024 · Filed Mar 28, 2025
LIQT$0.300.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at December 31, 2024 and 2023
CONSOLIDATED BALANCE SHEETS
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current Assets: | ||
| Cash and restricted cash | $10,868,728 | $10,422,181 |
| Accounts receivable, net | 2,396,056 | 3,171,047 |
| Inventories, net | 5,541,192 | 5,267,816 |
| Contract assets | 1,666,698 | 2,891,744 |
| Prepaid expenses and other current assets | 168,443 | 337,391 |
| Total Current Assets | 20,641,117 | 22,090,179 |
| Non-Current Assets: | ||
| Property and equipment, net | 6,618,822 | 9,007,166 |
| Operating lease right-of-use assets | 4,450,822 | 4,055,837 |
| Deposits and other assets | 456,658 | 470,349 |
| Intangible assets, net | 39,367 | 114,593 |
| Goodwill | 220,693 | 233,723 |
| Total Non-Current Assets | 11,786,362 | 13,881,668 |
| Total Assets | $32,427,479 | $35,971,847 |
CONSOLIDATED BALANCE SHEETS
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Liabilities and Stockholders’ Equity | ||
| Current Liabilities: | ||
| Accounts payable | $1,300,966 | $2,444,653 |
| Accrued expenses | 2,491,479 | 3,550,542 |
| Current portion of finance lease liabilities | 458,347 | 590,550 |
| Current portion of operating lease liabilities | 544,197 | 531,355 |
| Contract liabilities | 109,319 | 382,647 |
| Total Current Liabilities | 4,904,308 | 7,499,747 |
| Non-Current Liabilities: | ||
| Deferred tax liability | 57,960 | 101,059 |
| Finance lease liabilities, net of current portion | 1,600,931 | 2,879,932 |
| Operating lease liabilities, net of current portion | 3,906,625 | 3,527,082 |
| Notes payable, net | 5,303,563 | 4,688,011 |
| Total Non-Current Liabilities | 10,869,079 | 11,196,084 |
| Total Liabilities | 15,773,387 | 18,695,831 |
| Stockholders' Equity: | ||
| Preferred stock; par value $0.001, 2,500,000 shares authorized, 0 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | - | - |
| Common stock; par value $0.001, 50,000,000 shares authorized and 9,475,443 and 5,727,310 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | 9,475 | 5,727 |
| Additional paid-in capital | 109,274,166 | 98,796,357 |
| Accumulated deficit | (86,267,438) | (75,922,180) |
| Accumulated other comprehensive loss | (6,362,111) | (5,603,888) |
| Total Stockholders' Equity | 16,654,092 | 17,276,016 |
| Total Liabilities and Stockholders' Equity | $32,427,479 | $35,971,847 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.