Bimergen Energy Corporation (BESS) Balance Sheet

NYSE American: BESSAssets, liabilities, debt and equity over 10 years.

BESS balance sheet, 2025

December 31, 2025 · U.S. dollars

$27.2M assets = $7.8M liabilities + $19.4M equity

Both columns are drawn to the same scale: what BESS owns equals what it owes plus shareholders’ equity. Hover a block for its value.

BESS financial health

Current ratio0.42

Tight · current assets cover current liabilities 0.42×

Debt / equity0.04

Low leverage · $0.04 of debt for each $1 of equity

Equity / assets71.2%

Equity-funded · of assets funded by shareholders

Cash / debt48.6%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles87.9%

Mostly intangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

BESS balance sheet trends, 2016–2025

Bimergen Energy Corporation balance sheet trends
Metric	Then	Latest	Change
Total assets	$4.4M2016	$27.2M2025	+22.5%/yr
Total liabilities	$1.7M2016	$7.8M2025	+18.8%/yr
Shareholders’ equity	$2.7M2016	$19.4M2025	+24.4%/yr
Cash & short-term investments	$256,2632016	$401,2032025	+5.1%/yr
Total debt	$1.6M2016	$825,7002025	−6.9%/yr
Net cash (debt)	−$1.3M2016	−$424,4972025	+$894,240
Working capital	$187,0882016	−$4.5M2025	−$4.7M
Book value per share	$0.132016	$4.932025	+49.2%/yr
Current ratio	1.112016	0.422025	−0.69
Debt / equity	0.582016	0.042025	−0.54
Shares outstanding	20.1M2016	3.9M2025	−16.6%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

BESS assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

BESS liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

BESS debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

BESS balance sheet

Bimergen Energy Corporation annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	$401,203	$156,087	$152,417	$197,723	$976,947	$41,655	$110,587	$59,679	$77,843	$256,263
Cash & equivalents	$401,203	$156,087	$152,417	$197,723	$976,947	$41,655	$110,587	$59,679	$77,843	$256,263
Receivables	$0	$0	$0	$0	$27,263	$232,244	$480,350	$1.0M	$1.1M	$1.4M
Inventory	$0	$0	$0	$0	$0	$0	$0	$116,221	$200,825	$183,898
Other current assets	$2.9M	$872,790	$11,000	$13,000	$0	$0	$12,314	$10,650	$9,250	$9,250
Total current assets	$3.3M	$1.0M	$163,417	$210,723	$976,947	$273,899	$603,251	$1.2M	$1.4M	$1.8M
Property, plant & equipment (net)	$0	$0	$0	$0	$0	$10,959	$25,379	$77,187	$43,164	$58,641
Goodwill & intangible assets	$23.9M	$22.2M	$0	$0	$35,000	$0	$0	$170,200	$170,200	$170,200
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$0	$0	$0	$0	$0	$0	$531,573	$1.9M	$2.4M	$2.3M
Total assets	$27.2M	$23.3M	$163,417	$210,723	$1.0M	$284,858	$1.2M	$3.4M	$4.0M	$4.4M
Liabilities
Accounts payable	$2.3M	$813,485	$35,229	$11,397	$11,106	$43,288	$41,239	$75,975	$79,205	$82,523
Short-term debt	$825,700	—	—	—	$395,000	$490,000	$1.1M	$1.7M	$1.6M	$1.6M
Deferred revenue	$4.8M	$943,500	—	—	−$11,106	−$43,288	−$41.2M	—	−$79,205	−$82,523
Total current liabilities	$7.8M	$1.8M	$35,229	$11,397	$11,106	$533,288	$1.1M	$1.7M	$1.7M	$1.7M
Long-term debt	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other long-term liabilities	$0	$0	$0	$11,397	$0	$0	$0	$0	$0	$0
Total liabilities	$7.8M	$1.8M	$35,229	$11,397	$11,106	$533,288	$1.1M	$1.7M	$1.7M	$1.7M
Shareholders' equity
Common stock & paid-in capital	$3,931	$5,121	$484,464	$515,506	$20,241	$20,241	$20,241	$20,241	$20,216	$20,136
Retained earnings (deficit)	−$9.7M	−$4.8M	−$1.9M	−$1.1M	−$284,959	−$20.1M	−$19.8M	−$18.2M	−$17.6M	−$17.2M
Total shareholders' equity	$19.4M	$21.5M	$128,188	$199,326	$1.0M	−$248,430	$48,964	$1.7M	$2.3M	$2.7M
Key figures
Total debt	$825,700	—	—	—	$395,000	$490,000	$1.1M	$1.7M	$1.6M	$1.6M
Net cash (debt)	−$424,497	—	—	—	$581,947	−$448,345	−$959,413	−$1.6M	−$1.5M	−$1.3M
Working capital	−$4.5M	−$728,108	$128,188	$199,326	$965,841	−$259,389	−$507,988	−$509,275	−$291,013	$187,088
Tangible book value	−$4.5M	−$728,108	$128,188	$199,326	$965,841	−$248,430	$48,964	$1.5M	$2.2M	$2.5M
Book value per share	$4.93	$4.20	$0.03	$0.10	—	−$0.01	$0.00	$0.08	$0.12	$0.13
Shares outstanding	3.9M	5.1M	4.6M	2.0M	—	20.2M	20.2M	20.2M	20.2M	20.1M
Current ratio	0.42	0.59	4.64	18.49	87.97	0.51	0.54	0.71	0.82	1.11
Quick ratio	0.05	0.09	4.33	17.35	90.42	0.51	0.53	0.63	0.70	1.00
Debt / equity	0.04	—	—	—	0.39	—	21.85	1.00	0.67	0.58
Equity / assets	71.2%	92.4%	78.4%	94.6%	98.9%	−87.2%	4.2%	48.9%	58.4%	62.1%

Bimergen Energy Corporation quarterly balance sheet
	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	$9.4M	$8.9M	$401,203	$74,087	$21,344	$96,485	$156,087	$298,505	$1.1M	$242,037	$152,417	$65,756
Cash & equivalents	$9.4M	$8.9M	$401,203	$74,087	$21,344	$96,485	$156,087	$298,505	$1.1M	$242,037	$152,417	$65,756
Receivables	$2.8M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$28,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other current assets	$2.4M	$2.5M	$2.9M	$589,688	$600,293	$625,293	$872,790	$426,806	$93,830	$0	$11,000	$10,272
Total current assets	$14.6M	$11.4M	$3.3M	$663,775	$621,637	$721,778	$1.0M	$725,311	$1.1M	$242,037	$163,417	$76,028
Property, plant & equipment (net)	$329,471	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill & intangible assets	$22.9M	$23.9M	$23.9M	$22.2M	$22.2M	$22.2M	$0	$44.4M	$22.2M	$0	$0	$0
Long-term investments	$500,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$15,321	$0	$0	$343,506	$312,632	$274,647	$22.2M	$0	$0	$0	$0	$0
Total assets	$38.4M	$35.3M	$27.2M	$23.2M	$23.2M	$23.2M	$23.3M	$22.9M	$23.4M	$242,037	$163,417	$76,028
Liabilities
Accounts payable	$1.4M	$277,921	$2.3M	$1.6M	$1.3M	$1.1M	$813,485	$211,496	$179,926	$53,557	—	$17,080
Short-term debt	$40.52B	—	$825,700	$825,700	$415,300	$135,000	—	—	—	—	—	—
Deferred revenue	$3.6M	$4.8M	$4.8M	$943,500	$943,500	$943,500	—	$943,500	$943,500	—	—	—
Total current liabilities	$5.0M	$5.2M	$7.8M	$3.3M	$2.6M	$2.2M	$1.8M	$1.2M	$1.1M	$53,557	$35,229	$17,080
Long-term debt	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Lease obligations	$338,195	—	—	—	—	—	—	—	—	—	—	—
Other long-term liabilities	$297,676	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total liabilities	$5.3M	$5.2M	$7.8M	$3.3M	$2.6M	$2.2M	$1.8M	$1.2M	$1.1M	$53,557	$35,229	$17,079
Shareholders' equity
Common stock & paid-in capital	$7,098	$7,073	$3,931	$3,858	$3,858	$5,139	—	$717,287	$714,623	$488,868	—	$477,175
Retained earnings (deficit)	−$11.9M	−$13.5M	−$9.7M	−$8.2M	−$6.5M	−$5.6M	−$4.8M	−$3.9M	−$3.0M	−$2.2M	−$1.9M	−$1.7M
Total shareholders' equity	$33.1M	$30.2M	$19.4M	$19.9M	$20.5M	$21.1M	$21.5M	$21.8M	$22.2M	$188,480	$128,188	$58,949
Key figures
Total debt	$338,195	—	$825,700	$825,700	$415,300	$135,000	—	—	—	—	—	—
Net cash (debt)	$9.0M	—	−$424,497	−$751,613	−$393,956	−$38,515	—	—	—	—	—	—
Working capital	$9.7M	$6.3M	−$4.5M	−$2.7M	−$2.0M	−$1.4M	−$728,108	−$429,685	$24,258	$188,480	$128,188	$58,948
Tangible book value	$10.2M	$6.3M	−$4.5M	−$2.3M	−$1.7M	−$1.2M	$21.5M	−$22.7M	$24,258	$188,480	$128,188	$58,949
Book value per share	$4.47	$5.69	$4.93	$5.16	$4.06	$4.10	$4.20	$4.26	$4.76	$0.04	$0.04	—
Shares outstanding	7.4M	5.3M	3.9M	3.9M	5.1M	5.1M	5.1M	5.1M	4.7M	4.9M	3.5M	—
Current ratio	2.94	2.21	0.42	0.20	0.24	0.34	0.59	0.63	1.02	4.52	4.64	4.45
Quick ratio	2.46	1.72	0.05	0.02	0.01	0.04	0.09	0.26	0.94	4.52	4.33	3.85
Debt / equity	0.01	—	0.04	0.04	0.02	0.01	—	—	—	—	—	—
Equity / assets	86.3%	85.4%	71.2%	85.6%	88.7%	90.7%	92.4%	95.0%	95.2%	77.9%	78.4%	77.5%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 31, 2026); data from EODHD.

BESS financial position

At the end of fiscal 2025 (December 31, 2025), Bimergen Energy had total assets of $27.2 million (up 17.0% from a year earlier), total liabilities of $7.8 million and shareholders' equity of $19.4 million. It held $0.4 million in cash and short-term investments against $0.8 million of debt, net debt of $0.4 million. Its current ratio was 0.42. In the latest quarter (ended June 30, 2026) total assets were $38.4 million and equity $33.1 million.

Related: BESS income statement, BESS cash flow statement, BESS key metrics. See the BESS stock overview for the latest quote and news.

BESS balance sheet FAQ

What are Bimergen Energy's total assets?

Bimergen Energy reported total assets of $27.2 million at the end of fiscal 2025 (December 31, 2025), compared with $23.3 million a year earlier.

How much debt does Bimergen Energy have?

Bimergen Energy had $0.8 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.04.

How much cash does Bimergen Energy have?

Bimergen Energy held $0.4 million in cash and short-term investments at the end of fiscal 2025; with $0.8 million of debt that is net debt of $0.4 million.

What is Bimergen Energy's book value?

Bimergen Energy's shareholders' equity (book value) was $19.4 million at the end of fiscal 2025, or $4.93 per share.

What is Bimergen Energy's current ratio?

Bimergen Energy had current assets of $3.3 million and current liabilities of $7.8 million, a current ratio of 0.42 (current liabilities exceed current assets).

How much goodwill does Bimergen Energy have?

Bimergen Energy carried $23.9 million of goodwill and intangible assets, 87.9% of total assets, at the end of fiscal 2025.