The company's financial stability is increasingly fragile, with cash reserves falling to $2.0 million in 2026Q1 from $10.4 million in 2023Q4.
| 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 |
|---|
| Total Current Assets | 19.17M | 21.04M | 27.13M | 40.72M | 19.93M | 27.57M | 29.9M | 6.61M | 2.92M | 2.78M | 1.54M | 1.36M | 2.08M | 629.28K | 706.42K | 2M | 147.56K | 1.03K | 247.54K | 12.09K |
| Cash & Short-Term Investments | 1.97M | 969K | 4.57M | 10.39M | 1.68M | 21.95M | 26.7M | 3.85M | 244.02K | 403.48K | 8.57K | 32.45K | 1.38M | 392.1K | 257.4K | 468.78K | 64.07K | 1.03K | 3.08K | 12.09K |
| Cash Only | 1.97M | 969K | 4.57M | 10.39M | 1.68M | 21.95M | 26.7M | 3.85M | 244.02K | 403.48K | 8.57K | 32.45K | 1.38M | 392.1K | 257.4K | 468.78K | 64.07K | 1.03K | 3.08K | 12.09K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 4.7M | 8.24M | 8.03M | 16.06M | 4.43M | 3.85M | 1.8M | 766.17K | 1.29M | 5.95K | 1.16M | 853.67K | 220.88K | 179.46K | 329.52K | 1.49M | 45.97K | 13.6K | 0 | 0 |
| Days Sales Outstanding | 90.78 | 106.46 | 59.39 | 87.03 | 73.5 | 156.27 | 105.62 | 54.71 | 76.45 | 1.54 | 152.37 | 117.93 | 78.01 | 233.09 | 166.62 | 235.75 | 48.29 | - | - | - |
| Inventory | 10.42M | 9.77M | 12.28M | 11.93M | 12.25M | 1.61M | 1.09M | 1.84M | 1.13M | 2.32M | 271.8K | 422.18K | 347.9K | 19.47K | 56.33K | 43.86K | 30.05K | 0 | 244.46K | 0 |
| Days Inventory Outstanding | 173.29 | 144.23 | 106.65 | 65.84 | 188.9 | 58.96 | 57.63 | 127.82 | 64.96 | 449.18 | 33.91 | 56.64 | 112.02 | 13.52 | 37.16 | 9.19 | 49.2 | - | 30.82 | - |
| Other Current Assets | 2.07M | 2.07M | 224K | 42K | 1.47M | 114K | 194.45K | 115.68K | 226.55K | 30.27K | 21.17K | 31.75K | 0 | 0 | 63.18K | 0 | 7.47K | 0 | 0 | 0 |
| Total Non-Current Assets | 20.78M | 21.69M | 34.33M | 36.92M | 17.8M | 3.09M | 3M | 681.44K | 565.43K | 457.98K | 521.99K | 546.06K | 290.35K | 98.27K | 105.68K | 175.77K | 197.75K | 0 | 392.49K | 0 |
| Property, Plant & Equipment | 13.79M | 14.45M | 15.6M | 17.54M | 3.19M | 2.68M | 2.65M | 419.42K | 133.24K | 226.11K | 293.04K | 243.96K | 123.56K | 88.86K | 91.28K | 142.14K | 194.2K | 0 | 359.1K | 0 |
| Fixed Asset Turnover | 1.67x | 1.95x | 3.16x | 3.84x | 6.90x | 3.36x | 2.34x | 12.19x | 46.25x | 6.24x | 9.49x | 10.83x | 8.36x | 3.16x | 7.91x | 16.20x | 1.79x | - | 6.73x | - |
| Goodwill | 0 | 0 | 10.58M | 10.27M | 4.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 6.88M | 7.13M | 8.04M | 9.05M | 9.95M | 359K | 293.79K | 205.15K | 131.63K | 75.28K | 73.37K | 36.62K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -67.93K | -96.7K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 113K | 113K | 119K | 62K | 62K | 52K | 52K | 56.87K | 300.57K | 156.59K | 155.58K | 265.48K | 166.78K | 9.41K | 14.41K | 33.64K | 3.55K | 0 | 33.39K | 0 |
| Total Assets | 39.95M | 42.73M | 61.46M | 77.64M | 37.73M | 30.66M | 32.9M | 7.29M | 3.49M | 3.24M | 2.06M | 1.91M | 2.37M | 727.56K | 812.1K | 2.18M | 345.32K | 1.03K | 640.03K | 12.09K |
| Asset Turnover | 0.58x | 0.66x | 0.80x | 0.87x | 0.58x | 0.29x | 0.19x | 0.70x | 1.77x | 0.44x | 1.35x | 1.39x | 0.44x | 0.39x | 0.89x | 1.06x | 1.01x | - | 3.78x | - |
| Asset Growth % | -113.71% | -30.47% | -20.84% | 105.79% | 23.07% | -6.82% | 351.53% | 108.96% | 7.54% | 57.59% | 7.95% | -19.72% | 226.36% | -10.41% | -62.68% | 530.14% | 33296.13% | -99.84% | 5195.21% | - |
| Total Current Liabilities | 13M | 12.11M | 13.31M | 16.87M | 13.17M | 2.96M | 1.77M | 1.46M | 5.68M | 3.57M | 3.41M | 3.28M | 2.96M | 3.23M | 2.86M | 4.66M | 3.9M | 21.25K | 1.8M | 5.64K |
| Accounts Payable | 6.25M | 5.92M | 8.96M | 9.73M | 2.87M | 1.57M | 727.92K | 485.02K | 1.37M | 486.69K | 873.01K | 834.96K | 567.83K | 458.93K | 630.04K | 1.62M | 1.22M | 1.13M | 200 | 2K |
| Days Payables Outstanding | 105.47 | 87.5 | 77.78 | 53.7 | 44.19 | 57.35 | 38.39 | 33.62 | 78.59 | 94.25 | 108.9 | 112.03 | 182.84 | 318.73 | 415.68 | 339.88 | 2K | - | 0.03 | - |
| Short-Term Debt | 711K | 552K | 63K | 40K | 0 | 0 | 0 | 223.72K | 2.86M | 2.56M | 1.88M | 1.64M | 845.9K | 1.69M | 1.27M | 1.95M | 1.04M | 21.14K | 610.47K | 3.65K |
| Deferred Revenue (Current) | 6.26M | 1.8M | 847K | 828K | 1.18M | 136K | 37.78K | 93.61K | 835.78K | 77.51K | 75.32K | 213.47K | 717.29K | 640.13K | 80K | 335.04K | 668.62K | 0 | 3K | 0 |
| Other Current Liabilities | 4M | 3.83M | 99K | 4.33M | 7.09M | 238K | 205.81K | 60.27K | 417.47K | 152.05K | 518.69K | 231.77K | 634.95K | 540.49K | 733.57K | 974.93K | 1.35M | -1.96M | 1.19M | 0 |
| Current Ratio | 1.47x | 1.74x | 2.04x | 2.41x | 1.51x | 9.33x | 16.89x | 4.52x | 0.51x | 0.78x | 0.45x | 0.42x | 0.70x | 0.19x | 0.25x | 0.43x | 0.04x | 0.05x | 0.14x | 2.14x |
| Quick Ratio | 0.67x | 0.93x | 1.11x | 1.71x | 0.58x | 8.78x | 16.27x | 3.26x | 0.32x | 0.13x | 0.37x | 0.29x | 0.59x | 0.19x | 0.23x | 0.42x | 0.03x | 0.05x | 0.00x | 2.14x |
| Cash Conversion Cycle | 158.6 | 163.19 | 88.25 | 99.17 | 218.21 | 157.88 | 124.86 | 148.91 | 62.82 | 356.47 | 77.37 | 62.55 | 7.2 | -72.12 | -211.89 | -94.94 | -1.9K | - | - | - |
| Total Non-Current Liabilities | 5.42M | 5.78M | 6.86M | 11.23M | 1.35M | 1.73M | 1.98M | 0 | 286.53K | 20.62K | 29.68K | 38.98K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 735K | 131K | 199K | 160K | 0 | 0 | 0 | 0 | 286.53K | 20.62K | 29.68K | 38.98K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 836K | 815K | 971K | 455K | 1.07M | 1.61M | 1.91M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 6.13M | 1.2M | 1.29M | 1.7M | 0 | 0 | 0 | 0 | 0 | 67.93K | 96.7K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.5M | 2.94M | 3.6M | 8.51M | 15K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 18.42M | 17.89M | 20.17M | 28.1M | 14.52M | 4.68M | 3.75M | 1.46M | 5.97M | 3.59M | 3.44M | 3.31M | 2.96M | 3.23M | 2.86M | 4.66M | 3.9M | 21.25K | 1.8M | 5.64K |
| Total Debt | 1.45M | 1.5M | 1.93M | 1.27M | 1.7M | 2.08M | 2.43M | 572.88K | 3.15M | 2.58M | 1.91M | 1.68M | 845.9K | 1.69M | 1.15M | 1.95M | 1.04M | 21.14K | 610.47K | 3.65K |
| Net Debt | -527K | 529K | -2.64M | -9.12M | 17K | -19.87M | -24.27M | -3.28M | 2.91M | 2.17M | 1.9M | 1.64M | -534.65K | 1.3M | 889.86K | 1.48M | 978.78K | 20.11K | 607.39K | -8.44K |
| Debt / Equity | 0.07x | 0.06x | 0.05x | 0.03x | 0.07x | 0.08x | 0.08x | 0.10x | - | - | - | - | - | - | - | - | - | - | - | 0.57x |
| Debt / EBITDA | -0.10x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 0.04x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -770.58x | -1053.19x | -333.59x | -1336.33x | -19679.00x | -6594.00x | -436.91x | -4.49x | -2.30x | -5.41x | -8.54x | -3.78x | -2.03x | -3.31x | -1.55x | -2.36x | -1.23x | -5.98x | -0.86x | - |
| Total Equity | 21.53M | 24.84M | 41.29M | 49.54M | 23.21M | 25.98M | 29.15M | 5.82M | -2.48M | -349.26K | -1.39M | -1.41M | -582.8K | -2.51M | -2.05M | -2.48M | -3.56M | -20.21K | -1.16M | 6.44K |
| Equity Growth % | -140.01% | -39.83% | -16.66% | 113.48% | -10.67% | -10.89% | 400.54% | 334.78% | -610.26% | 74.78% | 1.67% | -141.7% | 76.74% | -22.35% | 17.49% | 30.23% | -17503.24% | 98.25% | -18072.97% | - |
| Book Value per Share | 1.05 | 1.48 | 2.82 | 4.01 | 2.34 | 2.92 | 4.72 | 1.30 | -0.86 | -0.14 | -0.62 | -0.70 | -0.34 | -1.80 | -1.85 | -2.62 | -4.57 | -0.04 | -2.03 | 0.03 |
| Total Shareholders' Equity | 21.53M | 24.84M | 41.29M | 49.54M | 23.21M | 25.98M | 29.15M | 5.82M | -2.48M | -349.26K | -1.39M | -1.41M | -582.8K | -2.51M | -2.05M | -2.48M | -3.56M | -20.21K | -1.16M | 6.44K |
| Common Stock | 22K | 19K | 15K | 14K | 10K | 9K | 8.48K | 5.21K | 145.33K | 141.84K | 120.11K | 105.21K | 98.48K | 71.7K | 58.1K | 49.41K | 42.87K | 9K | 9K | 5K |
| Retained Earnings | -138.5M | -131.65M | -104.64M | -93.36M | -77.3M | -57.62M | -51.02M | -45.81M | -41.88M | -38.28M | -35.24M | -32.6M | -30.76M | -27.62M | -24.82M | -22.34M | -19.79M | -56.21K | -13.16M | -13.56K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -283K | 26K | -1.16M | 624K | 0 | 0 | 0 | 0 | -346.36K | -307.23K | -216.4K | -557.78K | -398.27K | -357.07K | -312.71K | -252.28K | -187.26K | 0 | -67.56K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Critical Liquidity Shortfall
As reported in recent financial filings, Beam Global's total assets have declined from $77.6 million in 2023Q4 to $40.0 million in 2026Q1, signaling a rapid contraction in the company's resource base as it struggles to sustain its operational scale in a challenging energy infrastructure market.
The consistent reduction in total assets suggests that the company is consuming its capital base to fund ongoing operating losses rather than reinvesting for growth. This downward trajectory in asset value warrants concern, as it reflects a shrinking footprint that may limit the firm's ability to execute on future large-scale government contracts.
Based on the latest quarterly balance sheet, cash and equivalents have plummeted to $2.0 million as of 2026Q1, down significantly from the $10.4 million reported in 2023Q4, indicating a precarious liquidity position that leaves little room for operational errors or unexpected supply chain cost increases.
The current ratio of 1.47 appears misleadingly stable when compared against the high rate of cash burn observed in recent periods. Investors should monitor this closely, as the rapid depletion of cash reserves suggests that the company may be forced into dilutive equity financing to maintain basic operational continuity.
According to historical balance sheet data, goodwill has decreased from $10.3 million in 2023Q4 to $6.9 million in 2026Q1, which may indicate ongoing impairment charges or adjustments that reflect a downward revision in the valuation of previously acquired assets or business units.
The presence of significant goodwill on the balance sheet relative to total equity suggests that the company's book value remains sensitive to further impairment risks. If the current revenue contraction persists, management may be forced to write down these intangible assets, further eroding the company's reported equity position.
As indicated in the company's financial statements, retained earnings have deteriorated to a deficit of $138.5 million in 2026Q1, a stark reflection of the persistent, multi-year losses that have significantly undermined the quality and stability of the shareholder equity base over the observed period.
The consistent expansion of the accumulated deficit highlights the difficulty the company faces in achieving a self-sustaining business model. This trend suggests that equity is being eroded by operational losses, which may limit the company's financial flexibility and increase its reliance on external capital markets for survival.
Quick answers to the most common questions about buying BEEM stock.
As of 2025, Beam Global (BEEM) had total assets of $42.7M including $21.0M in current assets.
Beam Global (BEEM) carries total debt of $1.5M, offset by $1.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Beam Global (BEEM) has total shareholders' equity (book value) of $24.8M ($1.48 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Beam Global (BEEM) reported a current ratio of 1.74x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.