Unusual Machines, Inc. (UMAC) Balance Sheet
UMAC balance sheet, FY2025
September 30, 2025 · U.S. dollars$182.7M assets = $7.8M liabilities + $174.9M equity
Both columns are drawn to the same scale: what UMAC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
UMAC financial health
Descriptive bands, not a rating. Fiscal FY2025.
UMAC balance sheet trends, FY2021–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.9MFY2021 | $182.7MFY2025 | +161.6%/yr | |
| Total liabilities | $0FY2021 | $7.8MFY2025 | — | |
| Shareholders’ equity | $3.9MFY2021 | $174.9MFY2025 | +158.8%/yr | |
| Cash & short-term investments | $3.8MFY2021 | $142.5MFY2025 | +147.7%/yr | |
| Total debt | −$6.08BFY2023 | $2.6MFY2025 | — | |
| Net cash (debt) | $6.08BFY2023 | $139.8MFY2025 | −$5.9B | |
| Working capital | $3.9MFY2021 | $156.9MFY2025 | +$153.0M | |
| Debt / equity | −4,295.85FY2023 | 0.02FY2025 | +4295.86 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
UMAC assets
UMAC liabilities and equity
UMAC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
UMAC balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $142.5M | $3.8M | $894,773 | $3.1M | $3.8M |
| Cash & equivalents | $103.3M | $3.8M | $894,773 | $3.1M | $3.8M |
| Short-term investments | $39.2M | $0 | — | — | — |
| Receivables | $1.8M | $66,575 | $422.8M | $0 | $116,167 |
| Inventory | $5.3M | $1.3M | $408.1M | $0 | $0 |
| Other current assets | $9.9M | $936,228 | $0 | $39,375 | $0 |
| Total current assets | $159.5M | $6.1M | $1.0M | $3.1M | $3.9M |
| Property, plant & equipment (net) | $4.8M | $324,084 | $1,254 | $3,690 | $0 |
| Goodwill & intangible assets | $18.2M | $9.6M | $7.41B | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $197,785 | $59,426 | $0 | $187,825 | $0 |
| Total assets | $182.7M | $16.1M | $1.5M | $3.3M | $3.9M |
| Liabilities | |||||
| Accounts payable | $1.5M | $668,732 | $114,497 | $131,931 | — |
| Short-term debt | $456,429 | $67,820 | −$6.08B | — | — |
| Deferred revenue | $638,125 | $197,117 | $35.8M | — | — |
| Total current liabilities | $2.6M | $933,669 | $114,497 | $131,931 | $0 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $2.6M | $329,991 | $0 | — | — |
| Other long-term liabilities | $5.2M | $355,964 | $0 | $0 | $0 |
| Total liabilities | $7.8M | $1.3M | $114,497 | $131,931 | $0 |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $377,596 | $151,221 | $32,173 | $33,923 | $37,760 |
| Retained earnings (deficit) | −$55.1M | −$35.9M | −$3.9M | −$1.5M | −$296,007 |
| Accumulated other comprehensive income | $3,470 | — | −$32,173 | −$33,923 | $1.9M |
| Total shareholders' equity | $174.9M | $14.8M | $1.4M | $3.2M | $3.9M |
| Key figures | |||||
| Total debt | $2.6M | $329,991 | −$6.08B | — | — |
| Net cash (debt) | $139.8M | $3.4M | $6.08B | — | — |
| Working capital | $156.9M | $5.2M | $900,907 | $3.0M | $3.9M |
| Tangible book value | $156.8M | $5.2M | −$7.40B | $3.2M | $3.9M |
| Book value per share | $6.72 | — | — | — | — |
| Shares outstanding | 26.0M | — | — | — | — |
| Current ratio | 61.32 | 6.53 | 8.87 | 23.79 | — |
| Quick ratio | 55.45 | 4.10 | 3,700.31 | 23.49 | — |
| Debt / equity | 0.02 | 0.02 | −4,295.85 | — | — |
| Equity / assets | 95.7% | 92.0% | 92.5% | 96.0% | 100.0% |
| 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 | $316.4M | $283.6M | $142.5M | $81.1M | $38.9M | $5.0M | $3.8M | $1.7M | $2.2M | $3.2M | $894,773 | $4.1M |
| Cash & equivalents | $229.6M | $222.9M | $103.3M | $64.3M | $38.9M | $5.0M | $3.8M | $1.7M | $2.2M | $3.2M | $894,773 | $4.1M |
| Short-term investments | $86.8M | $60.7M | $39.2M | $16.8M | — | — | $0 | $59,426 | — | — | — | — |
| Receivables | $10.6M | $3.6M | $1.8M | $309,544 | $173,388 | $50,950 | $66,575 | $79,907 | $10,000 | $1,933 | $0 | $35,699 |
| Inventory | $21.9M | $13.8M | $5.3M | $3.1M | $1.6M | $1.2M | $1.3M | $2.6M | $2.7M | $1.6M | $0 | $3.0M |
| Other current assets | $21.7M | $14.2M | $9.9M | $7.1M | $1.5M | $1.0M | $936,228 | $98,667 | $172,077 | $1.3M | $120,631 | $1.8M |
| Total current assets | $370.6M | $315.2M | $159.5M | $91.7M | $42.2M | $7.3M | $6.1M | $4.5M | $5.1M | $6.1M | $1.0M | $9.0M |
| Property, plant & equipment (net) | $5.8M | $6.2M | $4.8M | $3.0M | $551,495 | $306,649 | $324,084 | $341,130 | $357,877 | $374,214 | $1,254 | $66,090 |
| Goodwill & intangible assets | $18.0M | $18.1M | $18.2M | $9.6M | $9.6M | $9.6M | $9.6M | $19.7M | $19.7M | $17.7M | $0 | $15.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $3.1M | $198,734 | $197,785 | $8.8M | $84,693 | $59,426 | $59,426 | $0 | $59,426 | $59,426 | $512,758 | $9,300 |
| Total assets | $397.5M | $339.7M | $182.7M | $113.1M | $52.4M | $17.3M | $16.1M | $24.5M | $25.2M | $24.2M | $1.5M | $24.4M |
| Liabilities | ||||||||||||
| Accounts payable | $2.9M | $1.1M | $1.5M | — | $608,694 | $860,554 | $668,732 | $1.0M | $786,598 | $455,764 | $114,497 | $218,307 |
| Short-term debt | $735,521 | $714,139 | $456,429 | $247,957 | $73,569 | $70,654 | $67,820 | $65,088 | $62,482 | $59,946 | — | $43,202 |
| Deferred revenue | $286,056 | $672,568 | $638,125 | $1.5M | $139,435 | $117,171 | $197,117 | $300,517 | $82,120 | $176,268 | — | $48,389 |
| Total current liabilities | $6.9M | $2.5M | $2.6M | $5.9M | $821,698 | $1.0M | $933,669 | $2.0M | $931,200 | $691,978 | $114,497 | $309,898 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.0M | $4.0M | $2.0M | $0 | $2.0M |
| Lease obligations | $3.2M | $3.3M | $2.6M | $1.3M | $297,331 | $313,896 | $329,991 | $345,374 | $359,814 | $373,842 | $0 | $71,492 |
| Other long-term liabilities | $2.6M | $5.6M | $5.2M | $1.1M | $317,555 | $337,035 | $355,964 | $280,285 | $297,332 | $313,897 | $0 | $28,290 |
| Total liabilities | $9.5M | $8.1M | $7.8M | $7.1M | $1.1M | $1.4M | $1.3M | $5.3M | $5.2M | $3.0M | $114,497 | $2.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $499,568 | $477,938 | $377,596 | $315,688 | $252,877 | $168,302 | $151,221 | $61,850 | $104,113 | $93,334 | $32,173 | $87,173 |
| Retained earnings (deficit) | −$52.6M | −$44.8M | −$55.1M | −$44.5M | −$46.1M | −$39.2M | −$35.9M | −$8.8M | −$6.7M | −$4.4M | −$3.9M | −$3.4M |
| Accumulated other comprehensive income | $38,214 | $22,901 | $3,470 | $2,278 | — | — | — | $0 | −$104,113 | $0 | −$32,173 | −$32,173 |
| Total shareholders' equity | $388.0M | $331.6M | $174.9M | $106.0M | $51.3M | $15.9M | $14.8M | $19.2M | $20.0M | $21.2M | $1.4M | $22.1M |
| Key figures | ||||||||||||
| Total debt | $3.2M | $3.3M | $2.6M | $1.3M | $297,331 | $313,896 | $329,991 | $3.3M | $4.4M | $2.4M | — | $2.1M |
| Net cash (debt) | $313.2M | $280.3M | $139.8M | $79.9M | $38.6M | $4.7M | $3.4M | −$1.6M | −$2.1M | $834,764 | — | $2.0M |
| Working capital | $363.7M | $312.7M | $156.9M | $85.8M | $41.4M | $6.3M | $5.2M | $2.5M | $4.2M | $5.4M | $900,907 | $8.6M |
| Tangible book value | $370.0M | $313.5M | $156.8M | $96.4M | $41.7M | $6.3M | $5.2M | −$440,086 | $305,734 | $3.6M | $1.4M | $6.7M |
| Book value per share | $7.98 | $6.89 | $4.63 | $3.47 | $2.36 | $1.00 | — | — | $1.92 | — | — | — |
| Shares outstanding | 48.6M | 48.1M | 37.8M | 30.6M | 21.8M | 15.9M | — | — | 10.4M | — | — | — |
| Current ratio | 53.82 | 128.23 | 61.32 | 15.45 | 51.38 | 6.97 | 6.53 | 2.24 | 5.50 | 8.86 | 8.87 | 28.90 |
| Quick ratio | 47.49 | 116.83 | 55.45 | 13.73 | 47.59 | 4.82 | 4.10 | 0.90 | 2.40 | 4.64 | 7.81 | 13.41 |
| Debt / equity | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.17 | 0.22 | 0.11 | — | 0.09 |
| Equity / assets | 97.6% | 97.6% | 95.7% | 93.8% | 97.8% | 92.0% | 92.0% | 78.4% | 79.3% | 87.6% | 92.5% | 90.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 12, 2026); data from EODHD.
UMAC financial position
At the end of fiscal 2025 (September 30, 2025), Unusual Machines had total assets of $182.7 million (up 1,034.3% from a year earlier), total liabilities of $7.8 million and shareholders' equity of $174.9 million. It held $142.5 million in cash and short-term investments against $2.6 million of debt, a net cash position of $139.8 million. Its current ratio was 61.32. In the latest quarter (ended June 30, 2026) total assets were $397.5 million and equity $388.0 million.
Related: UMAC income statement, UMAC cash flow statement, UMAC key metrics. See the UMAC stock overview for the latest quote and news.
UMAC balance sheet FAQ
What are Unusual Machines's total assets?
Unusual Machines reported total assets of $182.7 million at the end of fiscal 2025 (September 30, 2025), compared with $16.1 million a year earlier.
How much debt does Unusual Machines have?
Unusual Machines had $2.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.02.
How much cash does Unusual Machines have?
Unusual Machines held $142.5 million in cash and short-term investments at the end of fiscal 2025; with $2.6 million of debt that is net cash of $139.8 million.
What is Unusual Machines's book value?
Unusual Machines's shareholders' equity (book value) was $174.9 million at the end of fiscal 2025, or $6.72 per share.
What is Unusual Machines's current ratio?
Unusual Machines had current assets of $159.5 million and current liabilities of $2.6 million, a current ratio of 61.32 (it can cover its short-term obligations).
How much goodwill does Unusual Machines have?
Unusual Machines carried $18.2 million of goodwill and intangible assets, 9.9% of total assets, at the end of fiscal 2025.