The company has significantly improved its solvency by reducing total debt from $20.9M in 2023Q4 to $1.1M in 2026Q1, though a current ratio of 0.88 suggests ongoing liquidity constraints.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 |
|---|
| Total Current Assets | 8.67M | 8.42M | 10.03M | 11.5M | 9.42M | 27.89M | 22.37M | 18.01M | 18.99M | 7.11M | 6.83M | 5.72M | 4.05M | 3.87M | 1.88M | 1.47M | 799.03K | 323.56K | 225.15K | 175.44K | 15.28K |
| Cash & Short-Term Investments | 3.49M | 3.02M | 4.1M | 5.71M | 4.83M | 23.85M | 19.56M | 15.77M | 17.22M | 4.92M | 5.34M | 4.22M | 1.72M | 1.71M | 1.25M | 862.39K | 504.71K | 146.04K | 56.61K | 46.94K | 8.4K |
| Cash Only | 3.49M | 3.02M | 4.1M | 5.71M | 4.83M | 23.85M | 19.56M | 15.77M | 17.22M | 4.92M | 5.34M | 4.22M | 1.72M | 1.71M | 1.25M | 862.39K | 504.71K | 146.04K | 50.37K | 39.32K | 8.4K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.24K | 7.62K | 0 |
| Accounts Receivable | 3.6M | 3.88M | 3.35M | 3.24M | 3.03M | 3.29M | 2.51M | 2.1M | 1.68M | 2M | 1.3M | 1.25M | 2.01M | 1.97M | 544.68K | 361.19K | 175.34K | 152.07K | 165.68K | 124.95K | 5.19K |
| Days Sales Outstanding | 62.33 | 62.68 | 53.05 | 48.18 | 47.02 | 54.89 | 49.53 | 47.02 | 43.16 | 57.81 | 39.35 | 39.38 | 53.92 | 81.34 | 46.17 | 40.84 | 16.58 | 29.44 | 42.43 | 71.25 | 38.75 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.59M | 1.51M | 2.57M | 2.55M | 1.56M | 750K | 298K | 141K | 89K | 193K | 188K | 252.47K | 318.96K | 186.6K | 87.71K | 246.2K | 118.98K | 25.44K | 2.85K | 3.55K | 1.69K |
| Total Non-Current Assets | 32.92M | 33.57M | 45.41M | 53.65M | 56.91M | 11.36M | 12.52M | 14.38M | 9.96M | 9.84M | 6.03M | 5.45M | 6.15M | 5.39M | 658.21K | 261.71K | 280.38K | 141.45K | 165.68K | 318.53K | 43.01K |
| Property, Plant & Equipment | 402K | 460K | 1.13M | 1.52M | 1.9M | 2.25M | 2.63M | 3.03M | 132K | 145K | 204K | 175.5K | 145.38K | 297.58K | 55.61K | 66.61K | 53.38K | 21.09K | 15.99K | 16.34K | 3.01K |
| Fixed Asset Turnover | 33.89x | 49.17x | 20.39x | 16.16x | 12.36x | 9.74x | 7.06x | 5.38x | 107.82x | 87.09x | 59.11x | 66.21x | 93.75x | 29.71x | 77.42x | 48.46x | 72.33x | 89.40x | 89.16x | 39.18x | 16.24x |
| Goodwill | 19.04M | 19.04M | 19.04M | 19.04M | 22.5M | 6.38M | 6.38M | 6.38M | 5.03M | 4.07M | 2.24M | 2.24M | 2.24M | 1.06M | 43.2K | 43.2K | 43.2K | 43.2K | 43.2K | 133.19K | 0 |
| Intangible Assets | 8.85M | 10.3M | 12.91M | 29.24M | 32.37M | 2.65M | 3.43M | 4.65M | 4.76M | 5.61M | 3.43M | 2.92M | 3.73M | 4.01M | 388.33K | 65.83K | 49.83K | 77.17K | 104.5K | 169K | 40K |
| Long-Term Investments | 20K | 0 | 60K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 902K | 73K | 3.67M | 3.85M | 136K | 94K | 88K | 77K | 35K | 18K | 18K | 18.3K | 28.29K | 22.35K | 12.07K | 22.07K | 15.58K | 0 | 2K | 0 | 0 |
| Total Assets | 41.59M | 41.99M | 55.44M | 65.15M | 66.33M | 39.26M | 34.89M | 32.39M | 28.95M | 16.95M | 12.86M | 11.17M | 10.2M | 9.26M | 2.54M | 1.73M | 1.08M | 465K | 390.83K | 493.97K | 58.29K |
| Asset Turnover | 0.52x | 0.54x | 0.42x | 0.38x | 0.35x | 0.56x | 0.53x | 0.50x | 0.49x | 0.75x | 0.94x | 1.04x | 1.34x | 0.95x | 1.69x | 1.86x | 3.58x | 4.05x | 3.65x | 1.30x | 0.84x |
| Asset Growth % | -92.42% | -24.25% | -14.91% | -1.77% | 68.95% | 12.52% | 7.72% | 11.87% | 70.81% | 31.79% | 15.14% | 9.48% | 10.18% | 264.41% | 46.77% | 60.41% | 132.13% | 18.98% | -20.88% | 747.49% | - |
| Total Current Liabilities | 9.86M | 9.54M | 12.81M | 12.65M | 31.19M | 5.8M | 4.58M | 3.84M | 2.6M | 2.52M | 2.1M | 2.4M | 3.5M | 2.87M | 589.54K | 450.6K | 151.87K | 185.05K | 409.96K | 339.21K | 263.82K |
| Accounts Payable | 1.59M | 1.5M | 1.42M | 1.18M | 1.37M | 695K | 304K | 266K | 371K | 666K | 343K | 385.29K | 255.62K | 267.64K | 62.89K | 103.57K | 65.57K | 51.72K | 143.56K | 54.7K | 2.36K |
| Days Payables Outstanding | 79.64 | 68.55 | 92.47 | 76.81 | 88.23 | 44.13 | 20.49 | 19.11 | 33 | 71.6 | 41.39 | 40.79 | 22.95 | 37.89 | 15.29 | 27.16 | 9.54 | 24 | 70.32 | 75.47 | 732.8 |
| Short-Term Debt | 870K | 870K | 4M | 4M | 22M | 0 | 0 | 301K | 320K | 288K | 0 | 0 | 1.13M | 0 | 150K | 0 | 0 | 73.53K | 138.35K | 195.32K | 110K |
| Deferred Revenue (Current) | 20.42M | 5.26M | 4.74M | 4.75M | 5.41M | 3.09M | 2.21M | 1.81M | 1.25M | 887K | 843K | 822.48K | 877.12K | 1.05M | 112.91K | 177.71K | 51.38K | 0 | 0 | 0 | 4.43K |
| Other Current Liabilities | 2.02M | 0 | 893K | 871K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.98K |
| Current Ratio | 0.88x | 0.88x | 0.78x | 0.91x | 0.30x | 4.81x | 4.88x | 4.69x | 7.31x | 2.82x | 3.24x | 2.38x | 1.16x | 1.35x | 3.19x | 3.26x | 5.26x | 1.75x | 0.55x | 0.52x | 0.06x |
| Quick Ratio | 0.88x | 0.88x | 0.78x | 0.91x | 0.30x | 4.81x | 4.88x | 4.69x | 7.31x | 2.82x | 3.24x | 2.38x | 1.16x | 1.35x | 3.19x | 3.26x | 5.26x | 1.75x | 0.55x | 0.52x | 0.06x |
| Cash Conversion Cycle | -17.31 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.79M | 2.11M | 17.4M | 17.08M | 1.91M | 1.83M | 2.17M | 2.45M | 689K | 1.22M | 179K | 207.79K | 690.51K | 2.18M | 105.55K | 69.29K | 19.81K | 0 | 0 | 0 | 0 |
| Long-Term Debt | 227K | 1.69M | 11.93M | 15.91M | 0 | 0 | 0 | 0 | 276K | 570K | 0 | 0 | 0 | 446.91K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 495K | 317K | 668K | 1.01M | 1.34M | 1.66M | 1.97M | 2.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 323K | 86K | 4.8M | 139K | 572K | 176K | 197K | 141K | 413K | 573K | 67K | 94.57K | 633.78K | 1.65M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.48M | 20K | 0 | 21K | 0 | 0 | 0 | 0 | 0 | 77K | 112K | 113.22K | 56.73K | 83.06K | 105.55K | 69.29K | 19.81K | 0 | 0 | 0 | 0 |
| Total Liabilities | 11.65M | 11.65M | 30.21M | 29.73M | 33.1M | 7.64M | 6.75M | 6.29M | 3.29M | 3.74M | 2.28M | 2.61M | 4.2M | 5.05M | 695.1K | 519.88K | 171.68K | 185.05K | 409.96K | 339.21K | 263.82K |
| Total Debt | 1.1M | 2.87M | 16.6M | 20.92M | 23.34M | 1.66M | 1.97M | 2.61M | 596K | 858K | 0 | 0 | 1.13M | 446.91K | 150K | 0 | 0 | 73.53K | 138.35K | 195.32K | 110K |
| Net Debt | -2.39M | -152K | 12.49M | 15.21M | 18.51M | -22.19M | -17.59M | -13.16M | -16.63M | -4.06M | -5.34M | -4.22M | -590.07K | -1.27M | -1.1M | -862.39K | -504.71K | -72.52K | 87.99K | 156K | 101.6K |
| Debt / Equity | 0.04x | 0.09x | 0.66x | 0.59x | 0.70x | 0.05x | 0.07x | 0.10x | 0.02x | 0.06x | - | - | 0.19x | 0.11x | 0.08x | - | - | 0.26x | - | 1.26x | - |
| Debt / EBITDA | 0.82x | 1.80x | - | 426.98x | 6.30x | 0.34x | 0.49x | 1.22x | 0.23x | 0.31x | - | - | 0.43x | 0.20x | 0.22x | - | - | 0.23x | - | - | - |
| Net Debt / EBITDA | -1.78x | -0.10x | - | 310.37x | 5.00x | -4.54x | -4.35x | -6.14x | -6.49x | -1.47x | -1.77x | -2.43x | -0.22x | -0.58x | -1.58x | -2.85x | -1.89x | -0.23x | - | - | - |
| Interest Coverage | -7.96x | -3.68x | -13.91x | -2.51x | 242.64x | - | - | - | - | 1014.00x | - | 1.90x | 0.86x | 3.30x | 1389.36x | - | 12.02x | 399.51x | -97.74x | -6.63x | - |
| Total Equity | 29.93M | 30.34M | 25.23M | 35.42M | 33.22M | 31.62M | 28.14M | 26.1M | 25.66M | 13.21M | 10.58M | 8.56M | 6.01M | 4.21M | 1.85M | 1.21M | 907.73K | 279.95K | -19.14K | 154.76K | -205.53K |
| Equity Growth % | -8.9% | 20.29% | -28.78% | 6.61% | 5.07% | 12.36% | 7.82% | 1.7% | 94.25% | 24.89% | 23.59% | 42.47% | 42.85% | 127.81% | 52.37% | 33.48% | 224.24% | 1562.98% | -112.37% | 175.3% | - |
| Book Value per Share | 7.75 | 7.86 | 6.59 | 9.28 | 8.88 | 8.28 | 7.44 | 6.76 | 7.41 | 4.36 | 3.64 | 3.32 | 2.83 | 2.07 | 0.91 | 0.68 | 0.52 | 0.16 | -0.01 | 0.11 | -8.43 |
| Total Shareholders' Equity | 29.93M | 30.34M | 25.23M | 35.42M | 33.22M | 31.62M | 28.14M | 26.1M | 25.66M | 13.21M | 10.58M | 8.56M | 6.01M | 4.21M | 1.85M | 1.21M | 907.73K | 279.95K | -19.14K | 154.76K | -205.53K |
| Common Stock | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 3K | 3K | 2.79K | 2.32K | 2.01K | 1.94K | 1.75K | 1.77K | 16.83K | 18.83K | 16.23K | 5.03K |
| Retained Earnings | 4.82M | 5.43M | 1.14M | 11.93M | 11.17M | 9.23M | 5.94M | 3.84M | 3.15M | 2.77M | 1.49M | 388.74K | 327.26K | 285.13K | -226.16K | -531.89K | -771.17K | -1.2M | -1.47M | -511.7K | -262.53K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.24K | -4.24K | -4.24K |
| Accumulated OCI | -131K | -96K | -178K | -49K | -96K | -19K | -19K | -16K | -17K | 34K | -36K | -35.15K | -47.28K | -59.06K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Persistent operating losses
As reported in recent financial statements, total assets have declined from $65.2M in 2023Q4 to $41.6M in 2026Q1, a trend that appears to be driven by aggressive debt reduction and a strategic pivot away from the company's previous capital-intensive operational footprint.
The reduction in total assets suggests a deliberate effort to streamline the balance sheet, likely in response to the persistent operating losses noted in prior periods. Investors should monitor whether this contraction represents a healthy pruning of non-core assets or a potential loss of competitive scale.
Based on the provided quarterly data, ACCS has successfully reduced its total debt from $20.9M in 2023Q4 to just $1.1M by 2026Q1, effectively lowering the debt-to-equity ratio to a negligible 0.04 and significantly mitigating the company's immediate refinancing and interest coverage risks.
This rapid deleveraging indicates that management has prioritized balance sheet stability over growth-oriented leverage. While this improves the company's risk profile, it also suggests that future expansion will likely need to be funded through internal cash generation, which remains currently elusive.
According to the 2026Q1 balance sheet, the current ratio stands at 0.88, a figure that has remained consistently below unity for the past ten quarters, suggesting that the company may face ongoing challenges in meeting its short-term obligations without relying on external financing or asset liquidation.
The persistent sub-1.0 current ratio implies a structural mismatch between current assets and liabilities, which warrants further investigation into the company's working capital management. This liquidity constraint may limit the firm's ability to pivot quickly or invest in new marketing initiatives for the ACCESSWIRE brand.
As evidenced by the decline in equity from $35.4M in 2023Q4 to $29.9M in 2026Q1, the company's book value has faced downward pressure, likely reflecting the impact of accumulated deficits and the costs associated with the recent rebranding from Issuer Direct to ACCESS Newswire.
The erosion of equity suggests that the company's strategic pivot has yet to generate the shareholder value required to offset operational burn. Analysts should scrutinize whether the current equity base can support the firm's long-term objectives without further dilution or capital impairment.
Quick answers to the most common questions about buying ACCS stock.
As of 2025, ACCESS Newswire Inc. (ACCS) had total assets of $42.0M including $8.4M in current assets.
ACCESS Newswire Inc. (ACCS) carries total debt of $2.9M, offset by $3.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
ACCESS Newswire Inc. (ACCS) has total shareholders' equity (book value) of $30.3M ($7.86 book value per share). Book value represents the net worth of the company belonging to common stock holders.
ACCESS Newswire Inc. (ACCS) reported a current ratio of 0.88x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.