Perfect Moment Ltd.
For the period ended Mar 31, 2025. Filed Jun 30, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Jun 30, 2025
PMNT$0.11-10.7%Stored close · as of Jul 8, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets as of March 31, 2025 and 2024
PERFECT MOMENT LTD. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Amounts in thousands, except share and per share data)
| March 31, 2025 | March 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $6,159 | $7,910 |
| Restricted cash | 1,350 | - |
| Accounts receivable, net | 886 | 1,035 |
| Inventories, net | 1,567 | 2,230 |
| Prepaid and other current assets | 2,812 | 742 |
| Total current assets | 12,774 | 11,917 |
| Long term assets: | ||
| Operating lease right-of-use assets | 44 | 143 |
| Property and equipment, net | 483 | 502 |
| Other non-current assets | 36 | 47 |
| Total assets | $13,337 | $12,609 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Trade payables | $2,594 | $1,584 |
| Accrued expenses | 4,233 | 2,697 |
| Trade finance facility | 2,495 | - |
| Short-term borrowings, net | 1,851 | - |
| Operating lease liabilities, current | 44 | 101 |
| Unearned revenue | 264 | 420 |
| Total current liabilities | 11,481 | 4,802 |
| Long term liabilities: | ||
| Operating lease liabilities, non-current | - | 44 |
| Total liabilities | 11,481 | 4,846 |
| Commitments and contingencies (see Note 14) | - | - |
| Stockholders’ equity: | ||
| Series AA convertible preferred stock, $0.0001 par value, 1,800,000 shares authorized; 924,921 shares and nil shares issued and outstanding as of March 31, 2025 and 2024, respectively | - | - |
| Common stock, $0.0001 par value, 100,000,000 shares authorized: 19,291,000 and 15,653,449 shares issued and outstanding as of March 31, 2025 and 2024, respectively | 2 | 1 |
| Additional paid-in-capital | 66,793 | 56,824 |
| Accumulated other comprehensive loss | (23) | (85) |
| Accumulated deficit | (64,916) | (48,977) |
| Total stockholders’ equity | 1,856 | 7,763 |
| Total liabilities and stockholders’ equity | $13,337 | $12,609 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.