Mobix Labs, Inc. (MOBX) Balance Sheet
MOBX balance sheet, FY2025
September 30, 2025 · U.S. dollars$37.1M assets = $37.4M liabilities + −$336,000 equity
Liabilities exceed assets: shareholders’ equity is negative (−$336,000).
Both columns are drawn to the same scale: what MOBX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MOBX financial health
Descriptive bands, not a rating. Fiscal FY2025.
MOBX balance sheet trends, FY2021–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $18.9MFY2021 | $37.1MFY2025 | +18.4%/yr | |
| Total liabilities | $18.9MFY2021 | $37.4MFY2025 | +18.6%/yr | |
| Shareholders’ equity | −$63,000FY2021 | −$336,000FY2025 | — | |
| Cash & short-term investments | $1.0MFY2021 | $3.3MFY2025 | +34.1%/yr | |
| Total debt | $3.4MFY2021 | $6.6MFY2025 | +17.7%/yr | |
| Net cash (debt) | −$2.4MFY2021 | −$3.3MFY2025 | −$882,000 | |
| Working capital | −$12.7MFY2021 | −$21.1MFY2025 | −$8.4M | |
| Current ratio | 0.22FY2021 | 0.24FY2025 | +0.02 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MOBX assets
MOBX liabilities and equity
MOBX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MOBX balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $3.3M | $266,000 | $89,000 | $178,000 | $1.0M |
| Cash & equivalents | $3.3M | $266,000 | $89,000 | $178,000 | $1.0M |
| Receivables | $1.4M | $2.8M | $53,000 | $561,000 | $2.2M |
| Inventory | $1.4M | $1.7M | $319,000 | $570,000 | $232,000 |
| Other current assets | $593,000 | $467,000 | $369,000 | $667,000 | $191,000 |
| Total current assets | $6.7M | $5.3M | $830,000 | $2.0M | $3.6M |
| Property, plant & equipment (net) | $698,000 | $2.2M | $2.9M | $1.8M | $2.9M |
| Goodwill & intangible assets | $29.6M | $31.3M | $10.5M | $11.3M | $12.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $115,000 | $341,000 | $4.5M | $400,000 | $200,000 |
| Total assets | $37.1M | $39.1M | $18.7M | $15.5M | $18.9M |
| Liabilities | |||||
| Accounts payable | $9.0M | $10.8M | $9.0M | $5.1M | $3.1M |
| Short-term debt | $5.4M | $2.6M | $6.9M | $5.7M | $3.4M |
| Deferred revenue | $1.0M | $1.1M | $138,000 | $1.8M | $1.4M |
| Total current liabilities | $27.8M | $26.1M | $20.4M | $22.0M | $16.4M |
| Long-term debt | $1.1M | $1.3M | $0 | $625,000 | $0 |
| Lease obligations | $370,000 | $1.5M | $1.6M | — | — |
| Other long-term liabilities | $8.6M | $6.2M | $3.7M | $2.3M | $2.6M |
| Total liabilities | $37.4M | $33.6M | $24.1M | $24.9M | $18.9M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | — | — | — | $9.7M | $80.0M |
| Retained earnings (deficit) | −$150.6M | −$104.5M | −$83.8M | −$44.1M | −$20.3M |
| Accumulated other comprehensive income | — | — | — | $0 | $0 |
| Total shareholders' equity | −$336,000 | $5.5M | −$5.3M | −$9.4M | −$63,000 |
| Key figures | |||||
| Total debt | $6.6M | $4.9M | $8.2M | $6.3M | $3.4M |
| Net cash (debt) | −$3.3M | −$4.6M | −$8.1M | −$6.1M | −$2.4M |
| Working capital | −$21.1M | −$20.8M | −$19.6M | −$20.0M | −$12.7M |
| Tangible book value | −$29.9M | −$25.7M | −$15.8M | −$20.8M | −$12.2M |
| Book value per share | −$0.07 | — | — | — | — |
| Shares outstanding | 4.5M | — | — | — | — |
| Current ratio | 0.24 | 0.20 | 0.04 | 0.09 | 0.22 |
| Quick ratio | 0.17 | 0.12 | 0.01 | 0.03 | 0.20 |
| Debt / equity | — | 0.88 | — | — | — |
| Equity / assets | −0.9% | 14.1% | −28.5% | −60.8% | −0.3% |
| 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 | $2.1M | $2.6M | $268,000 | $3.3M | $240,000 | $781,000 | $405,000 | $266,000 | $205,000 | $3.0M | $14.8M | $89,000 |
| Cash & equivalents | $2.1M | $2.6M | $268,000 | $3.3M | $240,000 | $781,000 | $405,000 | $266,000 | $205,000 | $3.0M | $14.8M | $89,000 |
| Receivables | $760,000 | $724,000 | $1.0M | $1.4M | $1.5M | $1.7M | $1.9M | $2.8M | $1.5M | $461,000 | $302,000 | $53,000 |
| Inventory | $1.5M | $1.3M | $1.2M | $1.4M | $1.2M | $1.1M | $1.2M | $1.7M | $1.9M | $361,000 | $422,000 | $319,000 |
| Other current assets | $1.7M | $908,000 | $417,000 | $593,000 | $708,000 | $404,000 | $301,000 | $467,000 | $481,000 | $633,000 | $349,000 | $369,000 |
| Total current assets | $6.0M | $5.5M | $2.9M | $6.7M | $3.7M | $4.0M | $3.8M | $5.3M | $4.1M | $4.4M | $15.9M | $830,000 |
| Property, plant & equipment (net) | $367,000 | $469,000 | $557,000 | $698,000 | $683,000 | $1.7M | $2.2M | $2.2M | $3.0M | $2.7M | $2.8M | $2.9M |
| Goodwill & intangible assets | $28.4M | $28.8M | $29.2M | $29.6M | $30.0M | $30.4M | $30.8M | $31.3M | $33.8M | $21.9M | $22.3M | $10.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $147,000 | $115,000 | $116,000 | $115,000 | $204,000 | $509,000 | $487,000 | $341,000 | $430,000 | $430,000 | $429,000 | $4.5M |
| Total assets | $34.9M | $34.9M | $32.7M | $37.1M | $34.6M | $36.5M | $37.3M | $39.1M | $41.3M | $29.5M | $41.5M | $18.7M |
| Liabilities | ||||||||||||
| Accounts payable | $5.0M | $6.2M | $7.9M | $9.0M | $10.7M | $12.4M | $10.9M | $10.8M | $10.6M | $6.7M | $6.0M | $9.0M |
| Short-term debt | $7.3M | $5.6M | $4.6M | — | $3.6M | $4.7M | $3.3M | $2.6M | $3.6M | $3.5M | $5.3M | $6.9M |
| Deferred revenue | — | $1.5M | $1.0M | — | $895,000 | $895,000 | $1.2M | $1.1M | $1.3M | $43,000 | $91,000 | $138,000 |
| Total current liabilities | $22.1M | $24.0M | $25.2M | $27.8M | $26.7M | $31.5M | $28.4M | $26.1M | $25.5M | $18.0M | $21.4M | $20.4M |
| Long-term debt | $0 | $1.0M | $1.9M | $1.1M | $1.4M | $552,000 | $873,000 | $1.3M | $0 | $0 | $0 | $0 |
| Lease obligations | $159,000 | $221,000 | $280,000 | $370,000 | $1.3M | $1.5M | $1.5M | $1.5M | $1.5M | $1.4M | $1.5M | $1.6M |
| Other long-term liabilities | $4.6M | $973,000 | $895,999 | $8.6M | $6.1M | $4.2M | $11.0M | $6.2M | $7.2M | $7.3M | $15.6M | $3.7M |
| Total liabilities | $28.7M | $26.0M | $28.1M | $37.4M | $34.1M | $36.2M | $40.3M | $33.6M | $32.7M | $25.3M | $37.1M | $24.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | — | — | — | — | — | — | — | — | — | — | — | $8.6M |
| Retained earnings (deficit) | −$183.4M | −$166.6M | −$160.7M | −$150.6M | −$134.9M | −$126.6M | −$124.3M | −$104.5M | −$92.9M | −$85.2M | −$82.8M | −$83.8M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | — | — | −$10.9M |
| Total shareholders' equity | $6.2M | $8.8M | $4.7M | −$336,000 | $425,000 | $342,000 | −$3.0M | $5.5M | $8.5M | $4.2M | $4.4M | −$5.3M |
| Key figures | ||||||||||||
| Total debt | $7.3M | $6.7M | $6.6M | $1.1M | $5.7M | $6.1M | $5.1M | $4.9M | $4.8M | $4.6M | $6.5M | $8.2M |
| Net cash (debt) | −$5.2M | −$4.1M | −$6.3M | $2.2M | −$5.4M | −$5.3M | −$4.7M | −$4.6M | −$4.6M | −$1.6M | $8.3M | −$8.1M |
| Working capital | −$16.1M | −$18.5M | −$22.4M | −$21.1M | −$23.0M | −$27.5M | −$24.6M | −$20.8M | −$21.4M | −$13.6M | −$5.6M | −$19.6M |
| Tangible book value | −$22.1M | −$19.9M | −$24.5M | −$29.9M | −$29.6M | −$30.1M | −$33.8M | −$25.7M | −$25.2M | −$17.8M | −$17.9M | −$15.8M |
| Book value per share | — | $0.90 | $1.03 | −$0.06 | $0.09 | $0.09 | −$0.79 | — | — | — | — | — |
| Shares outstanding | — | 9.8M | 4.5M | 6.1M | 4.9M | 4.0M | 3.8M | — | — | — | — | — |
| Current ratio | 0.27 | 0.23 | 0.11 | 0.24 | 0.14 | 0.13 | 0.13 | 0.20 | 0.16 | 0.25 | 0.74 | 0.04 |
| Quick ratio | 0.13 | 0.14 | 0.05 | 0.17 | 0.06 | 0.08 | 0.08 | 0.12 | 0.07 | 0.19 | 0.70 | 0.01 |
| Debt / equity | 1.17 | 0.75 | 1.41 | — | 13.35 | 17.81 | — | 0.88 | 0.56 | 1.11 | 1.48 | — |
| Equity / assets | 17.9% | 25.4% | 14.3% | −0.9% | 1.2% | 0.9% | −8.2% | 14.1% | 20.7% | 14.1% | 10.5% | −28.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed January 13, 2026); data from EODHD.
MOBX financial position
At the end of fiscal 2025 (September 30, 2025), Mobix Labs had total assets of $37.1 million (down 5.1% from a year earlier), total liabilities of $37.4 million and shareholders' equity of -$0.3 million. It held $3.3 million in cash and short-term investments against $6.6 million of debt, net debt of $3.3 million. Its current ratio was 0.24. In the latest quarter (ended June 30, 2026) total assets were $34.9 million and equity $6.2 million.
Related: MOBX income statement, MOBX cash flow statement, MOBX key metrics. See the MOBX stock overview for the latest quote and news.
MOBX balance sheet FAQ
What are Mobix Labs's total assets?
Mobix Labs reported total assets of $37.1 million at the end of fiscal 2025 (September 30, 2025), compared with $39.1 million a year earlier.
How much debt does Mobix Labs have?
Mobix Labs had $6.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Mobix Labs have?
Mobix Labs held $3.3 million in cash and short-term investments at the end of fiscal 2025; with $6.6 million of debt that is net debt of $3.3 million.
What is Mobix Labs's book value?
Mobix Labs's shareholders' equity (book value) was -$0.3 million at the end of fiscal 2025, or −$0.07 per share.
What is Mobix Labs's current ratio?
Mobix Labs had current assets of $6.7 million and current liabilities of $27.8 million, a current ratio of 0.24 (current liabilities exceed current assets).
How much goodwill does Mobix Labs have?
Mobix Labs carried $29.6 million of goodwill and intangible assets, 79.7% of total assets, at the end of fiscal 2025.