Innovative Aerosystems, Inc. (ISSC)

Innovative Aerosystems Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Cash & Equivalents	2.69	0.54	3.1	17.25	8.27
Cash & Short-Term Investments	2.69	0.54	3.1	17.25	8.27
Cash Growth	399.76%	-82.60%	-82.05%	108.70%	-34.42%
Accounts Receivable	18.28	14.29	10.23	4.46	4.05
Receivables	18.28	14.29	10.23	4.46	4.05
Inventory	28.36	18.69	18.21	5.35	4.55
Prepaid Expenses	1.39	1.16	0.62	0.78	0.32
Other Current Assets	-	-	2.51	0.37	0.51
Total Current Assets	50.73	34.69	34.67	28.2	17.69
Property, Plant & Equipment	19.37	13.37	7.91	6.32	8.19
Goodwill	6.7	5.21	3.56	-	-
Other Intangible Assets	23.58	27.01	16.19	0.06	0.06
Long-Term Deferred Tax Assets	2.82	1.63	0.46	0.05	1.06
Other Long-Term Assets	0.16	0.47	0.18	0.08	0.08
Total Assets	103.36	82.38	62.96	34.71	27.09
Accounts Payable	3.58	2.32	1.34	0.71	0.62
Accrued Expenses	5.39	2.82	2.34	2.35	0.83
Current Portion of Long-Term Debt	2.44	-	2	-	-
Current Portion of Leases	-	-	0.01	0.01	0.01
Current Income Taxes Payable	2.05	1.19	-	-	-
Current Unearned Revenue	2.48	0.34	0.14	0.26	0.42
Other Current Liabilities	0.73	0.6	0.56	0.61	0.59
Total Current Liabilities	16.66	7.27	6.4	3.94	2.47
Long-Term Debt	21.7	28.03	17.5	-	-
Long-Term Leases	-	-	-	0.02	-
Other Long-Term Liabilities	0.4	0.45	0.42	-	0.03
Total Liabilities	38.76	35.74	24.32	3.96	2.5
Common Stock	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	39.75	37.42	54.32	52.46	51.82
Retained Earnings	28.29	12.67	5.67	-0.36	-5.88
Treasury Stock	-3.46	-3.46	-21.37	-21.37	-21.37
Shareholders' Equity	64.6	46.64	38.64	30.75	24.59
Total Liabilities & Equity	103.36	82.38	62.96	34.71	27.09
Total Debt	24.14	28.03	19.51	0.03	0.01
Net Cash (Debt)	-21.45	-27.49	-16.42	17.22	8.25
Net Cash Growth	-	-	-	108.72%	-34.30%
Net Cash Per Share	-1.20	-1.57	-0.94	1.00	0.48
Filing Date Shares Outstanding	17.75	17.54	17.45	17.32	17.25
Total Common Shares Outstanding	17.63	17.5	17.45	17.32	17.25
Working Capital	34.07	27.42	28.27	24.26	15.22
Book Value Per Share	3.66	2.66	2.21	1.78	1.43
Tangible Book Value	34.32	14.41	18.89	30.69	24.52
Tangible Book Value Per Share	1.95	0.82	1.08	1.77	1.42
Land	1.02	1.02	1.02	1.02	1.02
Buildings	11.6	6.2	5.93	-	-
Machinery	20.11	18.56	12.87	11.32	14.43
Order Backlog	77.43	89.23	-	-	-

Updated Dec 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q