The company's financial stability is compromised by an accumulated deficit of $185.3M and a heavy reliance on $14.1M in goodwill, which constitutes a significant portion of its $38.4M total assets.
| Total Current Assets | 6.55M | 6.04M | 2.58M | 7.69M | 6.75M | 16.28M | 4.96M |
| Cash & Short-Term Investments | 890.64K | 2.39M | 631.54K | 5.33M | 4.39M | 14.66M | 4.26M |
| Cash Only | 728.91K | 2.28M | 348.82K | 3.83M | 1.48M | 11.75M | 4.26M |
| Short-Term Investments | 161.74K | 114.78K | 282.72K | 1.5M | 2.91M | 2.91M | 0 |
| Accounts Receivable | 1.67M | 229.54K | 795.12K | 5.58K | 1.49M | 695.32K | 255.11K |
| Days Sales Outstanding | 267.77 | 21.32 | 413.44 | 10.06 | 4.49K | 88.24 | 87.38 |
| Inventory | 756.75K | 949.27K | 233.51K | 795.82K | 151.2K | 304.27K | 225.92K |
| Days Inventory Outstanding | 81.99 | 128.73 | 27.08 | 1.05K | 169.73 | 47.44 | 113.28 |
| Other Current Assets | 1.94M | 630.61K | 0 | 86.17K | 611.32K | 0 | 0 |
| Total Non-Current Assets | 31.84M | 34.93M | 4.76M | 5.02M | 1.94M | 2.59M | 1.57M |
| Property, Plant & Equipment | 51.01K | 84.76K | 393.73K | 507.3K | 696.47K | 906.37K | 64.75K |
| Fixed Asset Turnover | 53.14x | 46.36x | 1.78x | 0.40x | 0.17x | 3.17x | 16.46x |
| Goodwill | 14.15M | 14.15M | 0 | 0 | 941.94K | 941.94K | 941.94K |
| Intangible Assets | 15.71M | 18.64M | 4.36M | 4.51M | 291.53K | 739.42K | 559.8K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.93M | 2.06M | 0 | 0 | 9.33K | 0 | 0 |
| Total Assets | 38.39M | 40.97M | 7.34M | 12.71M | 8.69M | 18.87M | 6.53M |
| Asset Turnover | 0.16x | 0.10x | 0.10x | 0.02x | 0.01x | 0.15x | 0.16x |
| Asset Growth % | 1960.81% | 458.34% | -42.26% | 46.24% | -53.94% | 189.13% | - |
| Total Current Liabilities | 5.1M | 5.98M | 9.4M | 3.59M | 4.51M | 1.57M | 2.13M |
| Accounts Payable | 2.4M | 2.48M | 2.22M | 1.49M | 1.55M | 1.24M | 688.84K |
| Days Payables Outstanding | 336.23 | 335.87 | 257.29 | 1.97K | 1.74K | 193.81 | 345.38 |
| Short-Term Debt | 323.99K | 324.21K | 5.3M | 1.55M | 2.05M | 47.55K | 1.3M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 2.38M | 0 | 0 | 0 | 593.19K | 0 | 0 |
| Current Ratio | 1.28x | 1.01x | 0.27x | 2.14x | 1.50x | 10.38x | 2.33x |
| Quick Ratio | 1.13x | 0.85x | 0.25x | 1.92x | 1.46x | 10.18x | 2.23x |
| Cash Conversion Cycle | 13.53 | -185.82 | 183.23 | -909.25 | 2.93K | -58.13 | -144.73 |
| Total Non-Current Liabilities | 0 | 0 | 114.15K | 304.91K | 519.66K | 695.96K | 6.38K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 52.15K | 0 | 114.15K | 304.91K | 519.66K | 695.96K | 6.38K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 5.1M | 5.98M | 9.51M | 3.89M | 5.03M | 2.27M | 2.13M |
| Total Debt | 323.99K | 347.75K | 5.63M | 2.07M | 2.73M | 861.61K | 1.33M |
| Net Debt | -404.92K | -1.93M | 5.28M | -1.76M | 1.25M | -10.89M | -2.93M |
| Debt / Equity | 0.01x | 0.01x | - | 0.23x | 0.75x | 0.05x | 0.30x |
| Debt / EBITDA | -0.01x | - | - | - | - | - | - |
| Net Debt / EBITDA | 0.02x | - | - | - | - | - | - |
| Interest Coverage | -113.30x | -114.08x | -274.18x | -85.46x | -11.10x | -15.19x | -52.85x |
| Total Equity | 33.28M | 35M | -2.17M | 8.82M | 3.67M | 16.6M | 4.39M |
| Equity Growth % | 9284.97% | 1710.47% | -124.65% | 140.54% | -77.92% | 277.88% | - |
| Book Value per Share | 7.75 | 8.15 | -1.40 | 9.99 | 5.80 | 35.00 | 20.99 |
| Total Shareholders' Equity | 33.28M | 35M | -2.17M | 8.82M | 3.67M | 16.6M | 4.39M |
| Common Stock | 7.87K | 7.75K | 62.64K | 45.63K | 22.34K | 24.05K | 10.66K |
| Retained Earnings | -185.32M | -183.49M | -115.09M | -65.68M | -50.6M | -35.37M | -7.27M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 968.8K | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Imminent Liquidity and Dilution
As reported in recent financial filings, BNKK's equity base has experienced extreme volatility, dropping from $75.5M in 2025Q3 to $33.3M by 2026Q1, reflecting a rapid depletion of capital as the company attempts to transition its core business model toward the Safety Shot beverage product line.
The sharp contraction in equity over the last three quarters suggests that the company is consuming its capital base at an unsustainable rate to fund its operational pivot. Investors should monitor whether this trajectory indicates a fundamental inability to achieve scale before exhausting available resources.
Based on the most recent quarterly data, BNKK holds only $728.9K in cash, a significant decline from the $9.0M reported in 2025Q3, which highlights a critical liquidity crunch given the company's ongoing operational losses and the absence of a self-sustaining revenue stream.
The current ratio of 1.28 provides a thin buffer, but the absolute cash level appears insufficient to support aggressive retail expansion and marketing requirements. This suggests that the company may be forced to seek dilutive financing in the near term to maintain its current operational pace.
According to the balance sheet, goodwill accounts for $14.1M of the $38.4M total assets as of 2026Q1, indicating that a substantial portion of the company's asset value is tied to intangible acquisitions rather than tangible, revenue-generating property, plant, or equipment assets.
The reliance on goodwill as a primary asset component warrants further investigation into potential impairment risks, especially if the Safety Shot product fails to meet commercial expectations. The minimal PPE balance of $51K confirms an asset-light model that lacks physical infrastructure to support large-scale manufacturing.
As evidenced by the company's reported figures, the accumulated deficit has ballooned to $185.3M by 2026Q1, which serves as a stark indicator of the long-term capital destruction inherent in the firm's historical business activities and current aggressive spending strategy.
This massive deficit suggests that the company has consistently failed to generate positive returns on invested capital over multiple periods. The persistence of these losses implies that the current balance sheet structure is heavily reliant on external equity infusions rather than internal value creation.
Quick answers to the most common questions about buying BNKK stock.
As of 2025, Bonk, Inc. (BNKK) had total assets of $41.0M including $6.0M in current assets.
Bonk, Inc. (BNKK) carries total debt of $0.3M, offset by $2.4M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Bonk, Inc. (BNKK) has total shareholders' equity (book value) of $35.0M ($8.15 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Bonk, Inc. (BNKK) reported a current ratio of 1.01x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.