reAlpha Tech Corp. (AIRE) Balance Sheet
AIRE balance sheet, FY2026
April 30, 2026 · U.S. dollars$21.7M assets = $9.2M liabilities + $12.5M equity
Both columns are drawn to the same scale: what AIRE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AIRE financial health
Descriptive bands, not a rating. Fiscal FY2026.
AIRE balance sheet trends, FY2021–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.5MFY2021 | $21.7MFY2026 | +71.1%/yr | |
| Total liabilities | $1.0MFY2021 | $9.2MFY2026 | +55.6%/yr | |
| Shareholders’ equity | $446,658FY2021 | $12.5MFY2026 | +94.7%/yr | |
| Cash & short-term investments | $108,172FY2021 | $7.8MFY2026 | +135.2%/yr | |
| Total debt | $1.0MFY2021 | $384,597FY2026 | −17.5%/yr | |
| Net cash (debt) | −$899,822FY2021 | $7.4MFY2026 | +$8.3M | |
| Working capital | −$671,699FY2021 | $6.1MFY2026 | +$6.8M | |
| Book value per share | $7.74FY2023 | $4.10FY2026 | −19.1%/yr | |
| Current ratio | 0.33FY2021 | 2.70FY2026 | +2.36 | |
| Debt / equity | 2.26FY2021 | 0.03FY2026 | −2.23 | |
| Shares outstanding | 1.7MFY2023 | 3.1MFY2026 | +21.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AIRE assets
AIRE liabilities and equity
AIRE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AIRE balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $7.8M | $3.1M | $6.5M | $1.3M | $2.1M | $108,172 |
| Cash & equivalents | $7.8M | $3.1M | $6.5M | $1.3M | $2.1M | $108,172 |
| Receivables | $68,148 | $182,425 | $30,630 | $88,994 | $133,816 | $4,718 |
| Inventory | $0 | $1 | $0 | $3.1M | $118,528 | $0 |
| Other current assets | $1.9M | $737,142 | $913,294 | $250,680 | $31,624 | $225,048 |
| Total current assets | $9.8M | $4.0M | $7.4M | $4.7M | $2.4M | $337,938 |
| Property, plant & equipment (net) | $64,626 | $102,638 | $328,539 | $2.2M | $2.0M | $0 |
| Goodwill & intangible assets | $11.8M | $7.6M | $19.2M | $14.1M | $599,459 | $0 |
| Long-term investments | $111,646 | $215,000 | $0 | $115,000 | $115,000 | $0 |
| Other non-current assets | $0 | $31,250 | $975,802 | $0 | $1.8M | $1.1M |
| Total assets | $21.7M | $12.0M | $27.9M | $21.1M | $6.9M | $1.5M |
| Liabilities | ||||||
| Accounts payable | $306,216 | $655,765 | $461,875 | $412,947 | $81,377 | — |
| Short-term debt | $296,186 | $781,139 | $190,095 | $7.1M | $8.2M | $1.0M |
| Deferred revenue | $396,227 | $278,908 | $593,750 | — | $1.7M | — |
| Total current liabilities | $3.6M | $4.1M | $2.1M | $7.7M | $12.2M | $1.0M |
| Long-term debt | $88,411 | $5.2M | $0 | $247,000 | $0 | $0 |
| Other long-term liabilities | $5.5M | $1.1M | $1.1M | $0 | $4.3M | $0 |
| Total liabilities | $9.2M | $10.4M | $3.2M | $7.9M | $12.2M | $1.0M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $131,741 | $45,865 | $44,123 | $42,523 | $8,634 | $40,000 |
| Retained earnings (deficit) | −$56.0M | −$38.3M | −$12.2M | −$11.0M | −$5.5M | −$3,342 |
| Accumulated other comprehensive income | −$127,889 | $5,011 | — | — | — | — |
| Minority interest | $11,025 | $7,449 | — | $2,613 | $13,597 | — |
| Total shareholders' equity | $12.5M | $1.6M | $24.7M | $13.2M | −$5.3M | $446,658 |
| Key figures | ||||||
| Total debt | $384,597 | $6.0M | $437,095 | $7.3M | $8.2M | $1.0M |
| Net cash (debt) | $7.4M | −$2.9M | $6.0M | −$6.1M | −$6.2M | −$899,822 |
| Working capital | $6.1M | −$102,339 | $5.3M | −$3.0M | −$9.8M | −$671,699 |
| Tangible book value | $744,910 | −$6.0M | $5.5M | −$971,129 | −$5.9M | $446,658 |
| Book value per share | $4.10 | — | — | $7.74 | — | — |
| Shares outstanding | 3.1M | — | — | 1.7M | — | — |
| Current ratio | 2.70 | 0.98 | 3.59 | 0.61 | 0.19 | 0.33 |
| Quick ratio | 2.17 | 0.80 | 3.14 | 0.18 | 0.18 | 0.11 |
| Debt / equity | 0.03 | 3.83 | 0.02 | 0.56 | — | 2.26 |
| Equity / assets | 57.6% | 13.0% | 88.6% | 62.4% | −77.4% | 30.2% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $5.2M | $2.2M | $4.7M | $9.3M | $587,311 | $1.2M | $3.1M | $7.1M | $3.7M | $3.7M | $4.8M | $605,337 |
| Cash & equivalents | $5.2M | $2.2M | $4.7M | $9.3M | $587,311 | $1.2M | $3.1M | $7.1M | $3.7M | $3.7M | $4.8M | $605,337 |
| Receivables | $91,610 | $164,959 | $91,610 | $42,943 | $199,417 | $172,101 | $195,298 | $171,781 | $34,330 | $34,330 | $12,167 | $20,240 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $217,303 | $1.3M |
| Other current assets | $591,343 | $1.1M | $1.1M | $2.9M | $4.3M | $5.5M | $724,270 | $736,822 | $821,130 | $821,130 | $672,287 | $237,962 |
| Total current assets | $5.9M | $3.5M | $5.9M | $12.2M | $5.1M | $6.9M | $4.0M | $8.0M | $4.5M | $4.5M | $5.7M | $2.2M |
| Property, plant & equipment (net) | $103,165 | $105,971 | $103,165 | $50,378 | $51,328 | $101,407 | $102,638 | $105,980 | $100,465 | $100,465 | $27,894 | $329,385 |
| Goodwill & intangible assets | $11.6M | $11.5M | $11.6M | $7.3M | $9.3M | $10.4M | $7.6M | $25.9M | $19.8M | $19.8M | $19.2M | $13.9M |
| Long-term investments | $0 | $56,466 | $59,417 | $111,646 | $204,923 | $212,602 | $214,128 | $215,000 | $215,000 | $90,000 | $115,000 | $115,000 |
| Other non-current assets | $59,417 | $0 | $0 | $93,277 | $855,679 | $955,526 | $32,122 | $31,250 | $31,250 | $156,250 | $281,250 | $0 |
| Total assets | $17.6M | $15.1M | $17.6M | $19.7M | $15.5M | $18.5M | $12.0M | $34.2M | $24.6M | $24.6M | $25.4M | $16.5M |
| Liabilities | ||||||||||||
| Accounts payable | $551,533 | $724,440 | $551,533 | $200,386 | $1.2M | $940,896 | $655,765 | $614,512 | $536,483 | $536,483 | $433,612 | $2.1M |
| Short-term debt | $1.5M | — | $258,885 | $488,470 | $4.3M | $5.7M | $781,139 | $4.1M | $47,524 | $47,524 | $118,809 | $13,891 |
| Deferred revenue | $363,618 | — | $363,618 | — | — | — | $278,908 | — | — | — | — | — |
| Total current liabilities | $2.7M | $3.4M | $2.7M | $3.1M | $9.5M | $11.8M | $4.1M | $7.7M | $1.4M | $1.4M | $1.1M | $2.5M |
| Long-term debt | $0 | $54,872 | $71,630 | $88,411 | $110,235 | $175,439 | $244,167 | $5.2M | $2.9M | $53,348 | $0 | $247,000 |
| Other long-term liabilities | $5.6M | $5.0M | $5.5M | $5.7M | $7.0M | $7.5M | $6.0M | $0 | $0 | $999,999 | $1.0M | $0 |
| Total liabilities | $8.3M | $8.5M | $8.3M | $8.8M | $16.6M | $19.5M | $10.4M | $11.6M | $2.4M | $2.4M | $2.1M | $2.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $134,119 | — | $134,119 | $103,047 | $52,363 | $46,230 | $45,865 | $45,572 | $44,324 | $44,324 | $44,123 | $42,523 |
| Retained earnings (deficit) | −$60.4M | −$63.4M | −$60.4M | −$51.0M | −$45.2M | −$41.1M | −$38.3M | −$17.2M | −$15.1M | −$15.1M | −$13.7M | −$10.4M |
| Accumulated other comprehensive income | −$123,538 | — | −$123,538 | $183,925 | −$113,356 | −$6,920 | $5,011 | −$33,917 | −$33,917 | — | — | — |
| Minority interest | — | $10,979 | $11,030 | $11,025 | $10,395 | $9,078 | — | — | — | — | — | — |
| Total shareholders' equity | $9.3M | $6.7M | $9.3M | $10.9M | −$1.1M | −$972,260 | $1.6M | $22.5M | $22.2M | $22.2M | $23.3M | $13.8M |
| Key figures | ||||||||||||
| Total debt | $2.2M | $54,872 | $330,515 | $598,705 | $4.5M | $5.9M | $6.0M | $7.0M | $100,872 | $100,872 | $365,809 | $260,891 |
| Net cash (debt) | $3.0M | $2.2M | $4.3M | $8.7M | −$3.9M | −$4.7M | −$2.9M | $55,085 | $3.6M | $3.6M | $4.5M | $344,446 |
| Working capital | $3.1M | $84,341 | $3.1M | $9.1M | −$4.4M | −$4.9M | −$102,339 | $236,006 | $3.2M | $3.2M | $4.7M | −$329,780 |
| Tangible book value | −$2.3M | −$4.8M | −$2.3M | $3.6M | −$10.5M | −$11.3M | −$6.0M | −$3.3M | $2.5M | $2.5M | $4.1M | −$135,138 |
| Book value per share | $1.76 | $1.24 | $1.76 | $3.33 | −$0.54 | −$0.53 | — | — | — | — | — | — |
| Shares outstanding | 5.3M | 5.4M | 5.3M | 3.3M | 2.1M | 1.8M | — | — | — | — | — | — |
| Current ratio | 2.13 | 1.02 | 2.13 | 3.99 | 0.53 | 0.58 | 0.98 | 1.03 | 3.30 | 3.30 | 5.30 | 0.87 |
| Quick ratio | 1.91 | 0.71 | 1.73 | 3.05 | 0.08 | 0.12 | 0.80 | 0.94 | 2.70 | 2.70 | 4.48 | 0.25 |
| Debt / equity | 0.23 | 0.01 | 0.04 | 0.05 | — | — | 3.83 | 0.31 | 0.00 | 0.00 | 0.02 | 0.02 |
| Equity / assets | 52.7% | 44.0% | 52.7% | 55.2% | −7.2% | −5.2% | 13.0% | 65.9% | 90.1% | 90.1% | 91.8% | 83.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 12, 2026); data from EODHD.
AIRE financial position
At the end of fiscal 2026 (April 30, 2026), reAlpha Tech had total assets of $21.7 million (up 81.1% from a year earlier), total liabilities of $9.2 million and shareholders' equity of $12.5 million. It held $7.8 million in cash and short-term investments against $0.4 million of debt, a net cash position of $7.4 million. Its current ratio was 2.70. In the latest quarter (ended July 31, 2026) total assets were $17.6 million and equity $9.3 million.
Related: AIRE income statement, AIRE cash flow statement, AIRE key metrics. See the AIRE stock overview for the latest quote and news.
AIRE balance sheet FAQ
What are reAlpha Tech's total assets?
reAlpha Tech reported total assets of $21.7 million at the end of fiscal 2026 (April 30, 2026), compared with $12.0 million a year earlier.
How much debt does reAlpha Tech have?
reAlpha Tech had $0.4 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 0.03.
How much cash does reAlpha Tech have?
reAlpha Tech held $7.8 million in cash and short-term investments at the end of fiscal 2026; with $0.4 million of debt that is net cash of $7.4 million.
What is reAlpha Tech's book value?
reAlpha Tech's shareholders' equity (book value) was $12.5 million at the end of fiscal 2026, or $4.10 per share.
What is reAlpha Tech's current ratio?
reAlpha Tech had current assets of $9.8 million and current liabilities of $3.6 million, a current ratio of 2.70 (it can cover its short-term obligations).
How much goodwill does reAlpha Tech have?
reAlpha Tech carried $11.8 million of goodwill and intangible assets, 54.2% of total assets, at the end of fiscal 2026.