FullNet Communications, Inc. (FULO)

Model N Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3.13	2.75	2.66	1.41	0.61
Cash & Short-Term Investments	3.13	2.75	2.66	1.41	0.61
Cash Growth	13.68%	3.71%	88.58%	130.05%	149.33%
Receivables	0	0	0.03	0.03	0
Prepaid Expenses	0.04	0.04	0.02	0.02	0.02
Total Current Assets	3.17	2.79	2.71	1.46	0.63
Property, Plant & Equipment	0.22	0.37	0.46	0.58	0.68
Long-Term Deferred Tax Assets	-	-	0.04	0.34	-
Other Long-Term Assets	0.02	0.02	0.02	0.03	0.02
Total Assets	3.4	3.18	3.23	2.4	1.33
Accounts Payable	0.01	0.02	0.05	0.05	0.05
Accrued Expenses	0.36	0.48	0.51	0.56	0.48
Current Portion of Leases	0.15	0.13	0.12	0.11	0.1
Current Unearned Revenue	1.1	1	0.91	0.78	0.51
Other Current Liabilities	0.17	-	-	-	-
Total Current Liabilities	1.78	1.63	1.6	1.5	1.14
Long-Term Leases	-	0.15	0.28	0.4	0.51
Total Liabilities	1.78	1.77	1.87	1.9	1.65
Common Stock	0	0	0	0	0
Additional Paid-In Capital	9.12	9.11	9.07	9.06	8.94
Retained Earnings	-7.91	-8.12	-8.07	-8.92	-9.82
Total Common Equity	1.21	0.99	1	0.15	-0.88
Shareholders' Equity	1.62	1.4	1.35	0.5	-0.33
Total Liabilities & Equity	3.4	3.18	3.23	2.4	1.33
Total Debt	0.15	0.28	0.4	0.51	0.62
Net Cash (Debt)	2.98	2.47	2.25	0.89	-0.01
Net Cash Growth	20.63%	9.82%	152.26%	-	-
Net Cash Per Share	0.15	0.13	0.12	0.05	-0.00
Filing Date Shares Outstanding	19.62	19.18	17.15	16.66	14.54
Total Common Shares Outstanding	19.57	19.18	17.15	16.46	14.54
Working Capital	1.39	1.16	1.11	-0.04	-0.51
Book Value Per Share	0.06	0.05	0.06	0.01	-0.06
Tangible Book Value	1.21	0.99	1	0.15	-0.88
Tangible Book Value Per Share	0.06	0.05	0.06	0.01	-0.06
Machinery	0.35	0.35	0.35	0.34	1.52
Leasehold Improvements	0.96	0.96	1.07	1.07	1.09

Updated Apr 1, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.