SRAX, Inc (SRAX) Balance Sheet
SRAX balance sheet, 2024
December 31, 2024 · U.S. dollars$18.1M assets = $27.3M liabilities + −$9.2M equity
Liabilities exceed assets: shareholders’ equity is negative (−$9.2M).
Both columns are drawn to the same scale: what SRAX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SRAX financial health
Descriptive bands, not a rating. Fiscal 2024.
SRAX balance sheet trends, 2014–2024
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $28.2M2014 | $18.1M2024 | −4.8%/yr | |
| Total liabilities | $22.5M2014 | $27.3M2024 | +2.2%/yr | |
| Shareholders’ equity | $5.8M2014 | −$9.2M2024 | — | |
| Cash & short-term investments | $1.8M2014 | $7.9M2024 | +17.6%/yr | |
| Total debt | $11.6M2014 | $6.9M2024 | −5.6%/yr | |
| Net cash (debt) | −$9.7M2014 | $1.0M2024 | +$10.8M | |
| Working capital | −$4.4M2014 | −$12.9M2024 | −$8.5M | |
| Book value per share | $1.422016 | −$0.352024 | — | |
| Current ratio | 0.582014 | 0.412024 | −0.17 | |
| Debt / equity | 2.012014 | 0.072022 | −1.94 | |
| Shares outstanding | 6.2M2016 | 26.2M2024 | +22.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SRAX assets
SRAX liabilities and equity
SRAX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SRAX balance sheet
| 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $7.9M | $17.0M | $29.2M | $8.9M | $32,000 | $2.8M | $1.0M | $1.0M | $1.1M | $1.8M |
| Cash & equivalents | $7,000 | $1.3M | $351,000 | $451,000 | $32,000 | $2.8M | $1.0M | $1.0M | $1.1M | $1.8M |
| Short-term investments | $7.9M | $15.6M | $28.8M | $8.4M | $83,000 | — | $0 | $0 | $0 | $0 |
| Receivables | $748,000 | $1.7M | $1.0M | $1.4M | $805,000 | $1.8M | $4.3M | $8.4M | $7.1M | $3.9M |
| Inventory | $0 | $430,000 | $0 | $0 | $715,000 | $466,823 | $468,336 | $332,503 | $309,436 | $222,532 |
| Other current assets | $167,000 | $3.9M | $6.0M | $1.6M | $306,000 | $387,085 | $300,898 | $6,488 | $36,090 | $7,352 |
| Total current assets | $8.9M | $23.0M | $36.2M | $11.9M | $1.9M | $5.5M | $6.1M | $9.8M | $8.5M | $5.9M |
| Property, plant & equipment (net) | $186,000 | $371,000 | $339,000 | $484,000 | $647,000 | $192,065 | $154,546 | $55,492 | $43,936 | $27,602 |
| Goodwill & intangible assets | $7.7M | $19.3M | $19.4M | $25.8M | $17.6M | $17.4M | $17.3M | $17.0M | $17.9M | $20.2M |
| Long-term investments | $0 | $1.3M | $0 | $893,000 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.3M | $4.6M | $987,000 | $3,000 | $118,000 | $51,153 | $28,598 | $34,659 | $2.1M | $2.1M |
| Total assets | $18.1M | $48.6M | $57.0M | $39.0M | $20.2M | $23.1M | $23.6M | $26.9M | $28.5M | $28.2M |
| Liabilities | ||||||||||
| Accounts payable | $7.5M | $1.9M | $6.5M | $1.9M | $1.7M | $2.5M | $2.9M | $11.7M | $3.0M | $2.2M |
| Short-term debt | $1.3M | $1.3M | $1.2M | $6.9M | $91,000 | $496,260 | $1.7M | $3.4M | $2.5M | $1.4M |
| Deferred revenue | $7.4M | $12.9M | $16.7M | $4.8M | −$91,000 | — | — | — | $1,295 | $25,295 |
| Total current liabilities | $21.7M | $22.8M | $32.2M | $19.0M | $7.4M | $9.0M | $5.0M | $18.1M | $16.6M | $10.3M |
| Long-term debt | $0 | $5.6M | $0 | $379,000 | $0 | $0 | $1.5M | $0 | $7.5M | $7.7M |
| Lease obligations | — | $114,000 | $114,000 | $352,000 | $352,000 | — | — | — | — | — |
| Other long-term liabilities | $5.6M | $0 | $77,000 | $374,000 | $352,000 | $2.5M | $0 | $0 | $578,138 | $4.4M |
| Total liabilities | $27.3M | $27.6M | $32.2M | $19.8M | $7.7M | $9.0M | $5.7M | $18.1M | $24.7M | $22.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $26,000 | $26,000 | $26,000 | $16,000 | $14,000 | $32.9M | $9,911 | $6,951 | $28,110 | $27,030 |
| Retained earnings (deficit) | −$62.0M | −$30.4M | −$26.6M | −$50.3M | −$35.6M | −$18.8M | −$21.1M | −$14.4M | −$10.1M | −$7.4M |
| Treasury stock | — | — | — | — | — | — | $0 | $0 | $0 | $0 |
| Accumulated other comprehensive income | — | — | — | — | −$215,000 | −$140,867 | −$96,869 | −$63,599 | −$42,295 | −$25,013 |
| Minority interest | — | — | — | — | — | — | $0 | $0 | $0 | $0 |
| Total shareholders' equity | −$9.2M | $21.0M | $24.7M | $19.2M | $12.5M | $14.1M | $17.9M | $8.8M | $3.9M | $5.8M |
| Key figures | ||||||||||
| Total debt | $6.9M | $1.4M | $1.2M | $7.5M | $443,000 | $496,260 | $3.2M | $3.4M | $10.5M | $11.6M |
| Net cash (debt) | $1.0M | $15.5M | $28.0M | $1.4M | −$411,000 | $2.3M | −$2.2M | −$2.4M | −$9.4M | −$9.7M |
| Working capital | −$12.9M | $169,000 | $4.1M | −$7.2M | −$5.5M | −$3.5M | $1.1M | −$8.3M | −$8.1M | −$4.4M |
| Tangible book value | −$17.0M | $1.6M | $5.3M | −$6.5M | −$5.1M | −$3.3M | $636,021 | −$8.2M | −$14.1M | −$14.4M |
| Book value per share | −$0.35 | $0.89 | $0.95 | $1.31 | $1.01 | $1.39 | $2.17 | $1.42 | — | — |
| Shares outstanding | 26.2M | 23.6M | 26.0M | 14.6M | 12.4M | 10.1M | 8.3M | 6.2M | — | — |
| Current ratio | 0.41 | 1.01 | 1.13 | 0.62 | 0.25 | 0.61 | 1.22 | 0.54 | 0.51 | 0.58 |
| Quick ratio | 0.40 | 0.82 | 0.94 | 0.54 | 0.11 | 0.51 | 1.07 | 0.52 | 0.49 | 0.55 |
| Debt / equity | — | 0.07 | 0.05 | 0.39 | 0.04 | 0.04 | 0.18 | 0.39 | 2.71 | 2.01 |
| Equity / assets | −51.2% | 43.2% | 43.4% | 49.3% | 61.8% | 61.0% | 75.9% | 32.8% | 13.6% | 20.4% |
| Jun '24 | Sep '23 | Jun '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | Dec '21 | Sep '21 | Jun '21 | Mar '21 | Dec '20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $7.9M | $3.0M | $3.9M | $29.2M | $21.2M | $3.9M | $29.2M | $21.2M | $25.0M | $34.2M | $31.5M | $8.9M |
| Cash & equivalents | $7,000 | $116,000 | $260,000 | $351,000 | $1.3M | $260,000 | $351,000 | $1.3M | $6.8M | $10.1M | $13.5M | $451,000 |
| Short-term investments | $7.9M | $2.9M | $3.7M | $28.8M | $19.9M | $3.7M | $28.8M | $19.9M | $18.2M | $24.1M | $18.0M | $8.4M |
| Receivables | $748,000 | $818,000 | $1.7M | $2.5M | $1.7M | $1.7M | $2.5M | $1.7M | $1.4M | $2.2M | $3.3M | $2.6M |
| Inventory | $0 | $0 | $0 | $761,000 | $430,000 | $0 | $0 | $0 | $998,000 | $0 | $1.0M | $0 |
| Other current assets | $167,000 | $573,000 | $879,000 | $3.8M | $4.5M | $879,000 | $4.6M | $78,000 | $6.3M | $1.1M | $25,000 | $367,000 |
| Total current assets | $8.9M | $4.4M | $6.6M | $36.2M | $27.9M | $6.6M | $36.2M | $23.0M | $33.7M | $37.5M | $35.9M | $11.9M |
| Property, plant & equipment (net) | $186,000 | $283,000 | $334,000 | $339,000 | $371,000 | $0 | $0 | $0 | $440,000 | $475,000 | $472,000 | $484,000 |
| Goodwill & intangible assets | $7.7M | $7.7M | $7.7M | $19.4M | $19.3M | $7.7M | $19.4M | $19.3M | $25.2M | $25.4M | $25.5M | $25.8M |
| Long-term investments | $0 | $0 | $0 | $1.3M | $18.2M | $18.4M | $0 | $0 | $926,000 | $917,000 | $908,000 | $893,000 |
| Other non-current assets | $1.3M | $18.2M | $18.5M | $0 | $0 | $377,000 | $1.3M | $6.2M | $36,000 | $36,000 | $36,000 | $3,000 |
| Total assets | $18.1M | $30.6M | $33.1M | $57.0M | $48.6M | $33.1M | $57.0M | $48.6M | $60.3M | $64.3M | $62.9M | $39.0M |
| Liabilities | ||||||||||||
| Accounts payable | $7.5M | $10.1M | $10.0M | $6.5M | $1.9M | $10.0M | $6.5M | $1.9M | $3.9M | $3.3M | $3.6M | $1.9M |
| Short-term debt | $1.3M | $7.6M | $2.5M | $1.2M | $1.3M | — | — | — | $1.2M | $3.9M | $4.3M | $6.9M |
| Deferred revenue | $7.4M | $12.9M | $14.9M | $16.7M | $17.4M | — | — | — | $14.8M | $13.2M | $8.4M | $4.8M |
| Total current liabilities | $21.7M | $31.4M | $32.2M | $32.2M | $27.3M | $32.2M | $32.2M | $22.8M | $26.5M | $21.7M | $19.0M | $19.0M |
| Long-term debt | $0 | $0 | $0 | $5.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $379,000 |
| Lease obligations | — | — | — | $114,000 | $0 | $40,000 | $77,000 | $114,000 | $272,000 | $301,000 | $326,000 | $352,000 |
| Other long-term liabilities | $5.6M | $0 | $40,000 | $0 | $245,000 | $40,000 | $77,000 | $245,000 | $279,000 | $313,000 | $344,000 | $374,000 |
| Total liabilities | $27.3M | $31.4M | $32.2M | $32.2M | $27.6M | $32.2M | $32.2M | $27.6M | $26.8M | $22.1M | $19.3M | $19.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $25,000 | $24,000 | $23,000 | $16,000 |
| Retained earnings (deficit) | −$62.0M | −$53.5M | −$49.7M | −$26.6M | −$30.4M | −$49.7M | −$26.6M | −$30.4M | −$71.0M | −$67.2M | −$61.4M | −$50.3M |
| Accumulated other comprehensive income | — | −$1.0M | −$1.3M | −$3.8M | — | — | — | — | −$6.3M | — | — | — |
| Minority interest | — | — | — | — | — | — | — | — | $10.6M | $11.4M | $11.5M | — |
| Total shareholders' equity | −$9.2M | −$807,000 | $863,000 | $24.7M | $21.0M | $863,000 | $24.7M | $21.0M | $22.9M | $30.9M | $32.1M | $19.2M |
| Key figures | ||||||||||||
| Total debt | $6.9M | $6.6M | $1.2M | $1.3M | $1.3M | — | — | — | $1.3M | $4.1M | $4.6M | $7.5M |
| Net cash (debt) | $1.0M | −$3.5M | $2.7M | $27.9M | $20.0M | — | — | — | $23.7M | $30.1M | $27.0M | $1.4M |
| Working capital | −$12.9M | −$27.0M | −$25.6M | $4.1M | $547,000 | −$25.6M | $4.1M | $169,000 | $7.1M | $15.7M | $16.9M | −$7.2M |
| Tangible book value | −$17.0M | −$8.5M | −$6.8M | $5.3M | $1.6M | −$6.8M | $5.3M | $1.6M | −$2.4M | $5.5M | $6.5M | −$6.5M |
| Book value per share | −$0.35 | −$0.03 | $0.03 | $0.88 | $0.81 | $0.03 | $0.95 | $0.81 | $0.91 | $1.31 | $1.65 | $1.20 |
| Shares outstanding | 26.3M | 26.3M | 26.2M | 28.2M | 26.0M | 26.3M | 26.1M | 26.0M | 25.0M | 23.6M | 19.4M | 16.0M |
| Current ratio | 0.41 | 0.14 | 0.20 | 1.13 | 1.02 | 0.20 | 1.13 | 1.01 | 1.27 | 1.72 | 1.89 | 0.62 |
| Quick ratio | 0.40 | 0.12 | 0.18 | 0.98 | 0.84 | 0.18 | 0.98 | 1.00 | 1.00 | 1.67 | 1.84 | 0.60 |
| Debt / equity | — | — | 1.44 | 0.05 | 0.06 | — | — | — | 0.06 | 0.13 | 0.14 | 0.39 |
| Equity / assets | −51.2% | −2.6% | 2.6% | 43.4% | 43.2% | 2.6% | 43.4% | 43.2% | 37.9% | 48.0% | 51.0% | 49.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 20, 2024); data from EODHD.
SRAX financial position
At the end of fiscal 2024 (December 31, 2024), SRAX had total assets of $18.1 million (down 62.8% from a year earlier), total liabilities of $27.3 million and shareholders' equity of -$9.2 million. It held $7.9 million in cash and short-term investments against $6.9 million of debt, a net cash position of $1.0 million. Its current ratio was 0.41.
Related: SRAX income statement, SRAX cash flow statement, SRAX key metrics. See the SRAX stock overview for the latest quote and news.
SRAX balance sheet FAQ
What are SRAX's total assets?
SRAX reported total assets of $18.1 million at the end of fiscal 2024 (December 31, 2024), compared with $48.6 million a year earlier.
How much debt does SRAX have?
SRAX had $6.9 million of total debt at the end of fiscal 2024, including short-term borrowings. Its debt-to-equity ratio was —.
How much cash does SRAX have?
SRAX held $7.9 million in cash and short-term investments at the end of fiscal 2024; with $6.9 million of debt that is net cash of $1.0 million.
What is SRAX's book value?
SRAX's shareholders' equity (book value) was -$9.2 million at the end of fiscal 2024, or −$0.35 per share.
What is SRAX's current ratio?
SRAX had current assets of $8.9 million and current liabilities of $21.7 million, a current ratio of 0.41 (current liabilities exceed current assets).
How much goodwill does SRAX have?
SRAX carried $7.7 million of goodwill and intangible assets, 42.6% of total assets, at the end of fiscal 2024.