Amesite Inc. (AMST) Balance Sheet
AMST balance sheet, FY2026
June 30, 2026 · U.S. dollars$3.0M assets = $375,918 liabilities + $2.7M equity
Both columns are drawn to the same scale: what AMST owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AMST financial health
Current ratio6.42
Comfortable · current assets cover current liabilities 6.42×
Equity / assets87.6%
Equity-funded · of assets funded by shareholders
Goodwill & intangibles16.4%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
AMST balance sheet trends, FY2018–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.5MFY2018 | $3.0MFY2026 | −4.9%/yr | |
| Total liabilities | $253,251FY2018 | $375,918FY2026 | +5.1%/yr | |
| Shareholders’ equity | $4.3MFY2018 | $2.7MFY2026 | −5.8%/yr | |
| Cash & short-term investments | $4.3MFY2018 | $2.3MFY2026 | −7.5%/yr | |
| Total debt | $1,065FY2018 | $2.0MFY2020 | +4,261.2%/yr | |
| Net cash (debt) | $4.3MFY2018 | $2.1MFY2020 | −$2.2M | |
| Working capital | $4.1MFY2018 | $2.0MFY2026 | −$2.0M | |
| Book value per share | $2.22FY2020 | $0.54FY2026 | −21.0%/yr | |
| Current ratio | 17.11FY2018 | 6.42FY2026 | −10.69 | |
| Debt / equity | 0.00FY2018 | 0.68FY2020 | +0.67 | |
| Shares outstanding | 1.4MFY2020 | 4.9MFY2026 | +24.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AMST assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
AMST liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
AMST debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AMST balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Cash & short-term investments | $2.3M | $2.3M | $2.1M | $5.4M | $7.2M | $10.7M | $4.1M | $1.0M | $4.3M |
| Cash & equivalents | $2.3M | $2.3M | $2.1M | $5.4M | $7.2M | $10.7M | $4.1M | $1.0M | $4.3M |
| Receivables | $14,726 | $6,341 | $30,060 | $15,000 | $14,545 | $51,120 | $61,120 | $0 | $5,000 |
| Inventory | $0 | $0 | $100,000 | $1 | $1 | $1 | $1 | $0 | $0 |
| Other current assets | $99,449 | $94,100 | $403,489 | $106,678 | $560,083 | $299,388 | $227,273 | $102,842 | $53,609 |
| Total current assets | $2.4M | $2.4M | $2.6M | $5.5M | $7.7M | $11.1M | $4.4M | $1.1M | $4.3M |
| Property, plant & equipment (net) | $19,619 | $39,436 | $64,784 | $88,966 | $87,190 | $100,590 | $45,308 | $89,657 | $95,706 |
| Goodwill & intangible assets | $497,034 | $523,804 | $644,828 | $778,446 | $1.1M | $1.3M | $1.3M | $974,562 | $99,000 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $100,000 | $100,000 | $0 | $0 | $0 | $0 | $0 | $0 | $5,000 |
| Total assets | $3.0M | $3.1M | $3.3M | $6.3M | $8.9M | $12.5M | $5.7M | $2.2M | $4.5M |
| Liabilities | |||||||||
| Accounts payable | $50,493 | $25,413 | $48,907 | $70,070 | $122,285 | $139,754 | $112,053 | $207,543 | $5,264 |
| Short-term debt | — | — | — | — | — | — | $2.0M | — | $1,065 |
| Deferred revenue | $36,825 | $36,745 | — | $53,958 | $342,672 | $333,200 | $380,000 | — | −$6,330 |
| Total current liabilities | $375,918 | $358,596 | $798,465 | $265,327 | $748,108 | $741,743 | $2.7M | $331,034 | $253,251 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $464,957 | $472,954 | $492,053 | $207,543 | $0 |
| Total liabilities | $375,918 | $358,596 | $798,465 | $265,327 | $748,108 | $741,743 | $2.7M | $331,034 | $253,251 |
| Shareholders' equity | |||||||||
| Common stock & paid-in capital | $655 | $458 | $255 | $255 | $2,559 | $2,066 | $1,583 | $1,309 | $1,275 |
| Retained earnings (deficit) | −$44.5M | −$41.5M | −$37.8M | −$33.4M | −$29.3M | −$20.2M | −$8.6M | −$4.5M | −$521,567 |
| Accumulated other comprehensive income | — | — | $0 | — | — | — | −$18,744 | $0 | $0 |
| Total shareholders' equity | $2.7M | $2.7M | $2.5M | $6.1M | $8.1M | $11.7M | $3.0M | $1.8M | $4.3M |
| Key figures | |||||||||
| Total debt | — | — | — | — | — | — | $2.0M | — | $1,065 |
| Net cash (debt) | — | — | — | — | — | — | $2.1M | — | $4.3M |
| Working capital | $2.0M | $2.1M | $1.8M | $5.2M | $7.0M | $10.3M | $1.7M | $780,710 | $4.1M |
| Tangible book value | $2.2M | $2.2M | $1.9M | $5.3M | $7.1M | $10.4M | $1.7M | $870,367 | $4.2M |
| Book value per share | $0.54 | $0.78 | $0.99 | $2.46 | $4.20 | $6.85 | $2.22 | — | — |
| Shares outstanding | 4.9M | 3.5M | 2.5M | 2.5M | 1.9M | 1.7M | 1.4M | — | — |
| Current ratio | 6.42 | 6.79 | 3.26 | 20.66 | 10.33 | 14.92 | 1.62 | 3.36 | 17.11 |
| Quick ratio | 6.15 | 6.52 | 2.63 | 20.26 | 9.58 | 14.51 | 1.54 | 3.05 | 16.90 |
| Debt / equity | — | — | — | — | — | — | 0.68 | — | 0.00 |
| Equity / assets | 87.6% | 88.4% | 75.9% | 95.8% | 91.6% | 94.1% | 52.6% | 84.8% | 94.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $2.3M | $640,711 | $1.2M | $1.8M | $2.3M | $2.9M | $519,706 | $1.4M | $2.1M | $3.0M | $3.7M | $4.6M |
| Cash & equivalents | $2.3M | $640,711 | $1.2M | $1.8M | $2.3M | $2.9M | $519,706 | $1.4M | $2.1M | $3.0M | $3.7M | $4.6M |
| Receivables | $14,726 | $18,975 | $7,197 | $10,344 | $6,341 | $4,440 | $30,060 | $0 | $30,060 | $0 | $0 | $18,750 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | −$403,489 | $0 | −$403,489 | $0 | $0 | $0 |
| Other current assets | $99,449 | $162,293 | $159,157 | $65,329 | $94,100 | $275,721 | $1.3M | $1.1M | $906,978 | $180,155 | $194,100 | $76,469 |
| Total current assets | $2.4M | $821,979 | $1.3M | $1.9M | $2.4M | $3.1M | $1.4M | $2.5M | $2.6M | $3.2M | $3.9M | $4.7M |
| Property, plant & equipment (net) | $19,619 | $20,425 | $26,762 | $33,099 | $39,436 | $45,773 | $52,110 | $58,447 | $64,784 | $71,121 | $77,458 | $82,629 |
| Goodwill & intangible assets | $497,034 | $549,962 | $539,498 | $557,301 | $523,804 | $624,319 | $638,891 | $680,889 | $644,828 | $610,881 | $617,295 | $697,625 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $3.0M | $1.5M | $2.0M | $2.6M | $3.1M | $3.8M | $2.1M | $3.2M | $3.3M | $3.8M | $4.6M | $5.5M |
| Liabilities | ||||||||||||
| Accounts payable | $50,493 | $18,309 | $24,892 | $19,362 | $25,413 | $30,937 | $144,785 | $56,014 | $48,907 | $63,007 | $64,826 | $78,890 |
| Short-term debt | — | — | — | — | — | — | — | — | — | $1 | $1 | — |
| Deferred revenue | $36,825 | $3,975 | $16,125 | $24,655 | $36,745 | $3,835 | $15,925 | $24,375 | — | $1,875 | $13,125 | $24,375 |
| Total current liabilities | $375,918 | $189,982 | $489,790 | $427,637 | $358,596 | $210,954 | $888,737 | $843,003 | $798,465 | $211,741 | $175,964 | $263,325 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $375,918 | $189,982 | $489,790 | $427,637 | $358,596 | $210,954 | $888,737 | $843,003 | $798,465 | $211,741 | $175,964 | $263,325 |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $655 | $474 | $458 | $458 | $458 | $458 | $280 | $280 | $255 | $255 | $255 | $255 |
| Retained earnings (deficit) | −$44.5M | −$43.5M | −$42.8M | −$42.1M | −$41.5M | −$40.5M | −$39.9M | −$38.7M | −$37.8M | −$36.7M | −$35.2M | −$34.3M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | $0 | — | — | $0 |
| Total shareholders' equity | $2.7M | $1.3M | $1.5M | $2.2M | $2.7M | $3.6M | $1.2M | $2.4M | $2.5M | $3.6M | $4.4M | $5.2M |
| Key figures | ||||||||||||
| Total debt | — | — | — | — | — | — | — | — | — | $1 | $1 | — |
| Net cash (debt) | — | — | — | — | — | — | — | — | — | $3.0M | $3.7M | — |
| Working capital | $2.0M | $631,997 | $841,933 | $1.5M | $2.1M | $2.9M | $556,464 | $1.7M | $1.8M | $2.9M | $3.7M | $4.5M |
| Tangible book value | $2.2M | $752,422 | $968,695 | $1.6M | $2.2M | $3.0M | $608,574 | $1.7M | $1.9M | $3.0M | $3.8M | $4.6M |
| Book value per share | $0.46 | $0.28 | $0.33 | $0.47 | $0.60 | $1.29 | $0.45 | $0.88 | $0.99 | $1.42 | $1.72 | $2.06 |
| Shares outstanding | 5.8M | 4.6M | 4.6M | 4.6M | 4.6M | 2.8M | 2.8M | 2.7M | 2.5M | 2.5M | 2.5M | 2.5M |
| Current ratio | 6.42 | 4.33 | 2.72 | 4.46 | 6.79 | 14.88 | 1.63 | 2.96 | 3.26 | 14.89 | 21.92 | 17.97 |
| Quick ratio | 6.15 | 3.47 | 2.39 | 4.30 | 6.52 | 13.57 | 0.62 | 1.70 | 2.63 | 14.04 | 20.82 | 17.68 |
| Debt / equity | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | — |
| Equity / assets | 87.6% | 87.3% | 75.5% | 83.5% | 88.4% | 94.5% | 58.4% | 74.0% | 75.9% | 94.5% | 96.1% | 95.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 23, 2026); data from EODHD.
AMST financial position
At the end of fiscal 2026 (June 30, 2026), Amesite had total assets of $3.0 million (down 2.2% from a year earlier), total liabilities of $0.4 million and shareholders' equity of $2.7 million. Its current ratio was 6.42.
Related: AMST income statement, AMST cash flow statement, AMST key metrics. See the AMST stock overview for the latest quote and news.
AMST balance sheet FAQ
What are Amesite's total assets?
Amesite reported total assets of $3.0 million at the end of fiscal 2026 (June 30, 2026), compared with $3.1 million a year earlier.
How much cash does Amesite have?
Amesite held $2.3 million in cash and short-term investments at the end of fiscal 2026.
What is Amesite's book value?
Amesite's shareholders' equity (book value) was $2.7 million at the end of fiscal 2026, or $0.54 per share.
What is Amesite's current ratio?
Amesite had current assets of $2.4 million and current liabilities of $0.4 million, a current ratio of 6.42 (it can cover its short-term obligations).
How much goodwill does Amesite have?
Amesite carried $0.5 million of goodwill and intangible assets, 16.4% of total assets, at the end of fiscal 2026.