HENNESSY ADVISORS INC
For the period ended Sep 30, 2025. Filed Dec 3, 2025.
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FY2025 · Filed Dec 3, 2025
HNNA$10.36+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
(In thousands, except share and per share amounts)
| September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $72,431 | $63,922 |
| Investments in marketable securities, at fair value | 12 | 11 |
| Investment advisory fee income receivable | 2,767 | 2,964 |
| Interest income receivable | 225 | 250 |
| Prepaid expenses | 797 | 817 |
| Other accounts receivable | 283 | 312 |
| Total current assets | 76,515 | 68,276 |
| Property and equipment, net of accumulated depreciation of $1,643 and $1,540, respectively | 524 | 374 |
| Operating lease right-of-use asset | 676 | 1,014 |
| Management contracts | 82,562 | 82,252 |
| Other assets | 182 | 183 |
| Total assets | $160,459 | $152,099 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities | ||
| Accrued liabilities and accounts payable | $4,864 | $4,441 |
| Accrued payment related to management contract | 123 | - |
| Operating lease liability | 365 | 332 |
| Income taxes payable | 661 | 181 |
| Total current liabilities | 6,013 | 4,954 |
| Notes payable, net of issuance costs | 39,807 | 39,477 |
| Long-term operating lease liability | 330 | 695 |
| Net deferred income tax liability | 16,573 | 15,662 |
| Total liabilities | 62,723 | 60,788 |
| Commitments and contingencies (Note 10) | ||
| Stockholders' equity | ||
| Common stock, no par value, 22,500,000 shares authorized; 7,889,941 shares issued and outstanding as of September 30, 2025, and 7,778,335 as of September 30, 2024 | 23,478 | 22,592 |
| Retained earnings | 74,258 | 68,719 |
| Total stockholders' equity | 97,736 | 91,311 |
| Total liabilities and stockholders' equity | $160,459 | $152,099 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.