Freight Technologies, Inc. (FRGT) Balance Sheet
FRGT balance sheet, 2025
December 31, 2025 · U.S. dollars$12.6M assets = $7.3M liabilities + $5.3M equity
Both columns are drawn to the same scale: what FRGT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FRGT financial health
Descriptive bands, not a rating. Fiscal 2025.
FRGT balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $29.9M2016 | $12.6M2025 | −9.1%/yr | |
| Total liabilities | $4.5M2016 | $7.3M2025 | +5.6%/yr | |
| Shareholders’ equity | $25.4M2016 | $5.3M2025 | −15.9%/yr | |
| Cash & short-term investments | $1.9M2016 | $346,7182025 | −17.1%/yr | |
| Total debt | $5.7M2017 | $3.4M2025 | −6.1%/yr | |
| Net cash (debt) | $21.5M2017 | −$3.1M2025 | −$24.6M | |
| Working capital | $25.1M2016 | $31,3782025 | −$25.1M | |
| Book value per share | −$14.352024 | $47.032025 | — | |
| Current ratio | 6.632016 | 1.002025 | −5.63 | |
| Debt / equity | 0.082017 | 0.652025 | +0.57 | |
| Shares outstanding | 46K2024 | 113K2025 | +148.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FRGT assets
FRGT liabilities and equity
FRGT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FRGT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $346,718 | $204,032 | $1.6M | $1.0M | $3.3M | $3.3M | $13,567 | $1.6M | $27.2M | $1.9M |
| Cash & equivalents | $346,718 | $204,032 | $1.6M | $1.0M | $3.3M | $3.3M | $13,567 | $1.6M | $27.2M | $1.9M |
| Receivables | $4.6M | $4.1M | $6.3M | $6.9M | $4.1M | $186,905 | $5.5M | $62.3M | $48.5M | $27.4M |
| Inventory | $0 | $0 | $0 | −$1.57B | $1.2M | $519,144 | −$5.5M | $0 | $0 | $0 |
| Other current assets | $1.3M | $792,147 | $1.3M | $1.57B | $0 | $0 | $5.5M | $879,080 | $306,473 | $346,179 |
| Total current assets | $6.3M | $5.0M | $9.2M | $9.5M | $8.5M | $3.5M | $5.6M | $64.8M | $76.0M | $29.6M |
| Property, plant & equipment (net) | $12,306 | $13,238 | $18,239 | $27,607 | $53,449 | $108,467 | $1,503 | $250,886 | $222,142 | $28,777 |
| Goodwill & intangible assets | $9.5M | $579,655 | $777,492 | $757,027 | $598,987 | $806 | $1,940 | $3,426 | $2.2M | $2,772 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $47,806 | $88,492 | $172,228 | $114,924 | $3,031 | $4,580 | $1.8M | $815,955 | $208,695 |
| Total assets | $12.6M | $5.7M | $10.0M | $10.4M | $9.3M | $3.6M | $5.6M | $66.8M | $79.2M | $29.9M |
| Liabilities | ||||||||||
| Accounts payable | $1.6M | $1.4M | $1.9M | $2.0M | $2.3M | $1.7M | $779,333 | $389,890 | $71,136 | — |
| Short-term debt | $2.9M | $3.3M | $2.8M | $3.3M | $10.0M | $1.3M | $527,669 | $220,588 | $5.7M | — |
| Deferred revenue | — | — | $220,180 | — | $1.0M | — | — | $95,118 | $22,733 | — |
| Total current liabilities | $6.3M | $6.3M | $7.2M | $7.3M | $18.3M | $1.8M | $2.1M | $2.0M | $7.9M | $4.5M |
| Long-term debt | $556,164 | $0 | $242,442 | $0 | $0 | $3.9M | $8.1M | $5.7M | $0 | $0 |
| Other long-term liabilities | $405,930 | $0 | $0 | $5.3M | $12.3M | $0 | $0 | $0 | $213,511 | $4.5M |
| Total liabilities | $7.3M | $6.3M | $7.4M | $7.3M | $18.3M | $3.0M | $3.0M | $2.0M | $8.1M | $4.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | — | $308 | $2.4M | $181,157 | $8,658 | $32,030 | $22,114 | $22,114 | $22,114 | $20,000 |
| Retained earnings (deficit) | −$52.8M | −$44.9M | −$39.3M | −$30.0M | −$21.8M | −$34.5M | −$25.4M | $36.7M | $41.6M | $17.7M |
| Accumulated other comprehensive income | −$768,407 | −$1.2M | $491,888 | $38,971 | −$49,910 | $2.2M | −$563,355 | −$235,498 | $1.1M | $7.7M |
| Total shareholders' equity | $5.3M | −$654,760 | $2.6M | $3.1M | −$9.0M | $631,145 | $2.5M | $64.9M | $71.1M | $25.4M |
| Key figures | ||||||||||
| Total debt | $3.4M | $3.3M | $3.1M | $3.3M | $10.0M | $5.2M | $8.6M | $6.0M | $5.7M | — |
| Net cash (debt) | −$3.1M | −$3.1M | −$1.5M | −$2.3M | −$6.7M | −$1.9M | −$8.6M | −$4.4M | $21.5M | — |
| Working capital | $31,378 | −$1.3M | $2.0M | $2.2M | −$9.7M | $1.6M | $3.5M | $62.8M | $68.1M | $25.1M |
| Tangible book value | −$4.2M | −$1.2M | $1.8M | $2.4M | −$9.6M | $630,339 | $2.5M | $64.9M | $68.9M | $25.4M |
| Book value per share | $47.03 | −$14.35 | — | — | — | — | — | — | — | — |
| Shares outstanding | 113K | 46K | — | — | — | — | — | — | — | — |
| Current ratio | 1.00 | 0.80 | 1.28 | 1.30 | 0.47 | 1.90 | 2.66 | 32.99 | 9.65 | 6.63 |
| Quick ratio | 0.79 | 0.67 | 1.10 | 1.08 | 0.41 | 1.90 | 2.65 | 32.54 | 9.61 | 6.56 |
| Debt / equity | 0.65 | — | 1.17 | 1.07 | — | 8.25 | 3.43 | 0.09 | 0.08 | — |
| Equity / assets | 42.3% | −11.5% | 26.2% | 30.1% | −96.6% | 17.6% | 45.3% | 97.1% | 89.8% | 85.0% |
| Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $346,718 | $346,718 | $291,940 | $586,658 | $416,476 | $204,032 | $204,032 | $460,576 | $460,576 | $1.6M | $1.6M | $1.8M |
| Cash & equivalents | $346,718 | $346,718 | $291,940 | $586,658 | $416,476 | $204,032 | $204,032 | $460,576 | $460,576 | $1.6M | $1.6M | $1.8M |
| Receivables | $4.6M | $2.4M | $4.3M | $6.5M | $5.9M | $3.5M | $4.1M | $6.5M | $6.5M | $5.4M | $6.3M | $5.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 |
| Other current assets | $1.3M | $3.6M | $1.0M | $1.1M | $1.3M | $1.3M | $792,148 | $1.3M | $1.3M | $2.2M | $1.9M | $1.6M |
| Total current assets | $6.3M | $6.3M | $5.6M | $8.1M | $7.6M | $5.0M | $5.0M | $8.3M | $8.3M | $9.2M | $9.8M | $9.0M |
| Property, plant & equipment (net) | $12,306 | $12,306 | $12,829 | $9,441 | $10,818 | $13,238 | $13,238 | $12,404 | $12,404 | $18,239 | $46,550 | $36,000 |
| Goodwill & intangible assets | $5.0M | $5.0M | $546,220 | $569,562 | $5.8M | $579,655 | $579,655 | $690,147 | $690,147 | $777,492 | $777,492 | $814,000 |
| Long-term investments | $0 | $0 | $6.0M | $8.4M | $5.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.3M | $1.3M | $7,818 | $7,818 | $0 | $47,806 | $47,806 | $61,548 | $61,548 | $88,492 | $88,492 | $346,000 |
| Total assets | $12.6M | $12.6M | $12.2M | $17.1M | $13.4M | $5.7M | $5.7M | $9.0M | $9.0M | $10.0M | $10.7M | $10.2M |
| Liabilities | ||||||||||||
| Accounts payable | $1.6M | $1.6M | $1.2M | $1.4M | $1.7M | $1.4M | $1.4M | $1.5M | $1.5M | $1.9M | $1.9M | $1.8M |
| Short-term debt | $2.9M | — | $3.3M | $5.5M | $4.0M | — | $3.3M | $5.7M | $5.7M | — | $2.8M | $2.9M |
| Deferred revenue | — | — | — | — | — | — | — | — | $220,180 | — | — | — |
| Total current liabilities | $6.3M | $6.3M | $5.9M | $8.3M | $7.3M | $6.3M | $6.3M | $9.1M | $7.2M | $7.2M | $7.8M | $7.2M |
| Long-term debt | $0 | $556,164 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $242,442 | $0 | $0 |
| Other long-term liabilities | $962,094 | $405,931 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $242,441 | $1.3M |
| Total liabilities | $7.3M | $7.3M | $5.9M | $8.3M | $7.3M | $6.3M | $6.3M | $9.1M | $9.1M | $7.4M | $8.1M | $7.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | — | — | — | $732 | $693 | — | $308 | $3.9M | $3.9M | — | $2.4M | $618,000 |
| Retained earnings (deficit) | −$52.8M | −$52.8M | −$49.1M | −$45.9M | −$46.5M | −$44.9M | −$44.9M | −$43.5M | −$43.5M | −$39.3M | −$39.3M | −$34.2M |
| Accumulated other comprehensive income | −$768,407 | — | −$920,315 | −$986,050 | −$1.2M | — | −$1.2M | $76,587 | $76,587 | — | $491,888 | $231,000 |
| Total shareholders' equity | $5.3M | $5.3M | $6.3M | $8.8M | $6.2M | −$654,760 | −$654,760 | −$32,356 | −$32,356 | $2.6M | $2.6M | $3.0M |
| Key figures | ||||||||||||
| Total debt | $3.4M | $556,164 | $3.3M | $5.5M | $4.0M | — | $3.3M | $5.7M | $5.7M | $242,442 | $3.1M | $2.9M |
| Net cash (debt) | −$3.1M | −$209,446 | −$3.0M | −$4.9M | −$3.6M | — | −$3.1M | −$5.3M | −$5.3M | $1.3M | −$1.5M | −$1.1M |
| Working capital | $31,378 | $31,378 | −$323,947 | −$179,851 | $349,251 | −$1.3M | −$1.3M | −$796,455 | $1.1M | $2.0M | $2.0M | $1.8M |
| Tangible book value | $333,977 | $333,977 | $5.7M | $8.2M | $397,115 | −$1.2M | −$1.2M | −$722,503 | −$722,503 | $1.8M | $1.8M | $2.2M |
| Book value per share | — | — | — | — | $56.45 | −$29.97 | — | −$0.61 | −$0.61 | $119.85 | — | $22.85 |
| Shares outstanding | — | — | — | — | 109K | 22K | — | 53K | 53K | 22K | — | 133K |
| Current ratio | 1.00 | 1.00 | 0.95 | 0.98 | 1.05 | 0.80 | 0.80 | 0.91 | 1.15 | 1.28 | 1.25 | 1.26 |
| Quick ratio | 0.79 | 0.44 | 0.77 | 0.85 | 0.87 | 0.59 | 0.67 | 0.77 | 0.97 | 0.97 | 1.01 | 1.03 |
| Debt / equity | 0.65 | 0.10 | 0.52 | 0.62 | 0.65 | — | — | — | — | 0.09 | 1.17 | 0.97 |
| Equity / assets | 42.3% | 42.3% | 51.5% | 51.5% | 45.9% | −11.5% | −11.5% | −0.4% | −0.4% | 26.2% | 24.6% | 29.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 14, 2026); data from EODHD.
FRGT financial position
At the end of fiscal 2025 (December 31, 2025), Freight Technologies had total assets of $12.6 million (up 121.2% from a year earlier), total liabilities of $7.3 million and shareholders' equity of $5.3 million. It held $0.3 million in cash and short-term investments against $3.4 million of debt, net debt of $3.1 million. Its current ratio was 1.00. In the latest quarter (ended March 31, 2026) total assets were $12.6 million and equity $5.3 million.
Related: FRGT income statement, FRGT cash flow statement, FRGT key metrics. See the FRGT stock overview for the latest quote and news.
FRGT balance sheet FAQ
What are Freight Technologies's total assets?
Freight Technologies reported total assets of $12.6 million at the end of fiscal 2025 (December 31, 2025), compared with $5.7 million a year earlier.
How much debt does Freight Technologies have?
Freight Technologies had $3.4 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.65.
How much cash does Freight Technologies have?
Freight Technologies held $0.3 million in cash and short-term investments at the end of fiscal 2025; with $3.4 million of debt that is net debt of $3.1 million.
What is Freight Technologies's book value?
Freight Technologies's shareholders' equity (book value) was $5.3 million at the end of fiscal 2025, or $47.03 per share.
What is Freight Technologies's current ratio?
Freight Technologies had current assets of $6.3 million and current liabilities of $6.3 million, a current ratio of 1.00 (it can cover its short-term obligations).
How much goodwill does Freight Technologies have?
Freight Technologies carried $9.5 million of goodwill and intangible assets, 75.3% of total assets, at the end of fiscal 2025.