FITLIFE BRANDS, INC.
For the period ended Aug 14, 2025. Filed Aug 14, 2025.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Aug 14, 2025 · Filed Aug 14, 2025
FTLF$7.98-0.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| June 30, 2025 | December 31, 2024 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS: | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $1,530 | $4,468 |
| Restricted cash | 55 | 52 |
| Accounts receivable, net of allowance of doubtful accounts of $19 and $41, respectively | 2,488 | 1,626 |
| Inventories, net of allowance for obsolescence of $78 and $100, respectively | 11,722 | 11,074 |
| Deposit for Irwin acquisition | 5,000 | - |
| Prepaid expense and other current assets | 1,382 | 923 |
| Total current assets | 22,177 | 18,143 |
| Property and equipment, net | 81 | 75 |
| Right of use asset | 367 | 412 |
| Intangibles, net of amortization of $162 and $152, respectively | 26,285 | 26,235 |
| Goodwill | 13,116 | 13,022 |
| Deferred tax asset | 821 | 644 |
| TOTAL ASSETS | $62,847 | $58,531 |
| LIABILITIES AND STOCKHOLDERS' EQUITY: | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $4,940 | $4,067 |
| Accrued expense | 1,409 | 684 |
| Income taxes payable | 1,521 | 1,415 |
| Product returns | 524 | 564 |
| Term loan – current portion | 4,500 | 4,500 |
| Lease liability - current portion | 74 | 81 |
| Total current liabilities | 12,968 | 11,311 |
| Term loan, net of current portion and unamortized deferred finance costs | 6,321 | 8,550 |
| Long-term lease liability, net of current portion | 299 | 331 |
| Deferred tax liability | 2,340 | 2,213 |
| TOTAL LIABILITIES | 21,928 | 22,405 |
| STOCKHOLDERS’ EQUITY: | ||
| Preferred stock, $0.01 par value, 10,000 shares authorized, none outstanding as of June 30, 2025 and December 31, 2024 | - | - |
| Common stock, $0.01 par value, 120,000 shares authorized; 9,391 and 9,210 issued and outstanding as of June 30, 2025 and December 31, 2024 | 94 | 92 |
| Additional paid-in capital | 32,015 | 31,129 |
| Retained earnings (accumulated deficit) | 9,332 | 5,567 |
| Foreign currency translation adjustment | (522) | (662) |
| TOTAL STOCKHOLDERS' EQUITY | 40,919 | 36,126 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $62,847 | $58,531 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.