Fatpipe Inc/UT
For the period ended Mar 31, 2025. Filed Jun 30, 2025.
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FY2025 · Filed Jun 30, 2025
FATN$4.45+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $2,920,550 | $1,112,519 |
| Accounts receivable, net | 3,764,945 | 3,163,571 |
| Inventory | 419,677 | 113,522 |
| Other current assets | 666,376 | 582,392 |
| Contracts receivable - current, net | 5,191,136 | 4,364,802 |
| Total current assets | 12,962,684 | 9,336,806 |
| Property and equipment, net | 57,844 | 75,498 |
| Intangible assets, net | 1,048,620 | 1,556,913 |
| Operating lease right of use assets, net | 1,455,373 | 204,977 |
| Contracts receivable - non current, net | 12,307,266 | 9,958,323 |
| Other assets | 379,077 | 186,906 |
| Deferred tax asset | 76,905 | 117,455 |
| Total assets | $28,287,769 | $21,436,878 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $437,253 | $417,527 |
| Accrued expenses and other current liabilities | 3,863,096 | 2,499,096 |
| Deferred revenue | 1,358,632 | 1,519,412 |
| Operating lease liabilities, current | 366,677 | 164,152 |
| Notes payable, current | 463,422 | 120,000 |
| Total current liabilities | 6,489,080 | 4,720,187 |
| Notes payable, non-current | 4,642,317 | 2,500,000 |
| Operating lease liabilities, non-current | 1,114,067 | 50,563 |
| Other non-current liabilities | 116,988 | 116,007 |
| Total liabilities | 12,362,452 | 7,386,757 |
| Commitments and contingencies (Note 11) | - | - |
| Stockholders’ equity: | ||
| Common stock, no par value; 50,000,000 and 15,000,000 stocks authorized as of March 31, 2025 and 2024 respectively and 13,026,464 and 12,449,308 shares of common stock issued and outstanding as of March 31, 2025 and 2024, respectively | 130,265 | 124,493 |
| Additional paid-in capital | 1,588,105 | 1,517,753 |
| Retained earnings | 11,106,063 | 9,040,515 |
| Accumulated other comprehensive income | 3,100,884 | 3,254,706 |
| Total stockholders’ equity | 15,925,317 | 13,937,467 |
| Non-controlling interest | - | 112,654 |
| Total equity | 15,925,317 | 14,050,121 |
| Total liabilities and equity | $28,287,769 | $21,436,878 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.