The company maintains a robust liquidity position with a current ratio of 7.52 and $46.5 million in cash, though total assets have contracted from $79.4 million in 2023Q4 to $55.5 million in 2026Q1.
| 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 |
|---|
| Total Current Assets | 53.1M | 55.12M | 60.03M | 60.35M | 50.37M | 85.39M | 38.55M | 12.03M | 9.61M | 7.95M | 10.03M | 15.74M | 8.93M | 2.38M | 1.26M | 1.12M | 1.96M |
| Cash & Short-Term Investments | 46.5M | 50.89M | 51.07M | 54.57M | 40.71M | 75.43M | 33.05M | 5.88M | 1.97M | 3.91M | 5.95M | 11.61M | 6.52M | 530.05K | 657.95K | 225.28K | 1.5M |
| Cash Only | 46.5M | 50.89M | 44.64M | 37.45M | 24.6M | 75.43M | 33.05M | 5.88M | 1.97M | 3.91M | 5.95M | 11.61M | 6.52M | 530.05K | 657.95K | 225.28K | 1.5M |
| Short-Term Investments | 0 | 0 | 6.43M | 17.13M | 16.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 5.85M | 3.4M | 7.78M | 5.01M | 5.66M | 7.6M | 5.21M | 5.6M | 7.07M | 3.65M | 3.75M | 3.92M | 2.16M | 1.66M | 426.82K | 690.58K | 390K |
| Days Sales Outstanding | 57.54 | 39.71 | 79.16 | 50.52 | 50.31 | 92.39 | 105.78 | 107.77 | 128.42 | 54.47 | 50.06 | 69.87 | 94.57 | 91.42 | 31.45 | 57.98 | 37.26 |
| Inventory | 0 | 0 | 0 | 0 | 3.93M | 0 | 0 | 0 | 527.97K | 389.1K | 322.38K | 193.46K | 190.6K | 115.18K | 164.44K | 165.74K | 0 |
| Days Inventory Outstanding | - | - | - | - | 57.95 | - | - | - | 21.31 | 12.26 | 8.26 | 5.77 | 24.45 | 15.58 | 27.91 | 31 | - |
| Other Current Assets | 748.22K | 9K | 97.22K | 26.26K | -3.86M | 100.52K | 74.47K | 153.03K | 39.2K | 9.14K | 11.94K | 16.85K | 61.42K | 83.49K | 11.63K | 38.9K | 70K |
| Total Non-Current Assets | 2.43M | 2.35M | 2.19M | 19.07M | 35.31M | 5.4M | 6.23M | 11.91M | 13.31M | 5.68M | 6.99M | 5.8M | 1.17M | 565.4K | 140.81K | 281.56K | 150K |
| Property, Plant & Equipment | 6.21K | 17.13K | 103.57K | 205.38K | 156.77K | 155.19K | 230.92K | 309.78K | 272.24K | 286.04K | 460.65K | 596.01K | 588.92K | 156.48K | 113.76K | 152.43K | 140K |
| Fixed Asset Turnover | 997.72x | 1823.47x | 346.43x | 176.33x | 262.13x | 193.46x | 77.81x | 61.19x | 73.83x | 85.43x | 59.29x | 34.34x | 14.13x | 42.35x | 43.55x | 28.52x | 27.29x |
| Goodwill | 0 | 0 | 0 | 5.28M | 4.02M | 4.02M | 4.02M | 8.32M | 8.32M | 3.6M | 3.6M | 2.47M | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.43M | 2.34M | 2.09M | 3.97M | 1.84M | 1.23M | 1.98M | 3.13M | 4.58M | 1.64M | 2.77M | 2.62M | 483.54K | 362.35K | 18K | 108.09K | 0 |
| Long-Term Investments | 0 | 0 | 0 | 9.62M | 29.3M | 0 | 0 | 0 | 0 | 0 | -589K | 117.95K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 1.77T | 1 | 0 | 151.8K | 143.17K | 148.64K | 161.74K | 117.95K | 100.64K | 46.57K | 9.05K | 21.04K | 10K |
| Total Assets | 55.54M | 57.48M | 62.22M | 79.43M | 85.67M | 90.8M | 44.78M | 23.94M | 22.92M | 13.63M | 17.02M | 21.54M | 10.1M | 2.95M | 1.4M | 1.4M | 2.11M |
| Asset Turnover | 0.52x | 0.54x | 0.58x | 0.46x | 0.48x | 0.33x | 0.40x | 0.79x | 0.88x | 1.79x | 1.60x | 0.95x | 0.82x | 2.25x | 3.53x | 3.10x | 1.81x |
| Asset Growth % | -47.12% | -7.62% | -21.66% | -7.29% | -5.64% | 102.76% | 87.01% | 4.48% | 68.18% | -19.95% | -20.97% | 113.19% | 242.64% | 110.38% | -0.03% | -33.55% | - |
| Total Current Liabilities | 7.07M | 8.56M | 13.43M | 13.59M | 15.35M | 15.93M | 12.35M | 10.18M | 15.7M | 7.71M | 7.28M | 6.36M | 2.53M | 2.52M | 2.6M | 2.47M | 2.17M |
| Accounts Payable | 758.44K | 779.43K | 1.51M | 1.5M | 1.97M | 2.09M | 2.31M | 2.25M | 2.62M | 1.76M | 1.44M | 995.27K | 310.61K | 817.06K | 1.16M | 1.08M | 640K |
| Days Payables Outstanding | 22.27 | 17.53 | 26.02 | 25.4 | 29.04 | 52.67 | 106.83 | 96.48 | 105.68 | 55.35 | 36.86 | 29.69 | 39.84 | 110.52 | 197.46 | 201.99 | 128.35 |
| Short-Term Debt | 2.37K | 9.11K | 59.39K | 59.39K | 42.86K | 33.39K | 1.51M | 26.84K | 1.53M | 500.55K | 0 | 0 | 0 | 0 | 75K | 25.07K | 0 |
| Deferred Revenue (Current) | 15.52M | 4.73M | 8.19M | 8.89M | 11.25M | 0 | 6.63M | 6.47M | 4.96M | 3.07M | 3.32M | 3.58M | 1.77M | 1.29M | 1.14M | 1.13M | 0 |
| Other Current Liabilities | 6.3M | 0 | 1.44M | 114.4K | 80.76K | 11.41M | 0 | 0 | 17.42K | 45.13K | 34.29K | 14.66K | 0 | 1.29M | 11.82K | -28.48K | 1.53M |
| Current Ratio | 7.52x | 6.44x | 4.47x | 4.44x | 3.28x | 5.36x | 3.12x | 1.18x | 0.61x | 1.03x | 1.38x | 2.48x | 3.53x | 0.95x | 0.49x | 0.45x | 0.90x |
| Quick Ratio | 7.52x | 6.44x | 4.47x | 4.44x | 3.03x | 5.36x | 3.12x | 1.18x | 0.58x | 0.98x | 1.33x | 2.45x | 3.46x | 0.90x | 0.42x | 0.39x | 0.90x |
| Cash Conversion Cycle | 35.27 | - | - | - | 79.22 | - | - | - | 44.05 | 11.38 | 21.46 | 45.95 | 79.18 | -3.52 | -138.1 | -113.01 | - |
| Total Non-Current Liabilities | 0 | 0 | 4.03K | 518.66K | 62.17K | 42.07K | 503.19K | 45.67K | 9.1M | 627.19K | 750.74K | 996.8K | 3.32M | 1.88M | 119.32K | 780.34K | 20K |
| Long-Term Debt | 0 | 0 | 4.03K | 63.42K | 62.17K | 42.07K | 503.19K | 45.67K | 0 | 0 | 0 | 0 | 0 | 0 | 106.36K | 0 | 10K |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 43.81K | 45.67K | 0 | 0 | 0 | 0 | 7.29K | 34.01K | 10.21K | 27.85K | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 394.65K | 0 | 0 | 0 | 0 | 0 | 0 | 589K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 60.6K | 0 | 0 | -43.81K | -45.67K | 0 | 627.19K | 750.74K | 996.8K | 3.31M | 1.85M | 2.75K | 752.49K | 10K |
| Total Liabilities | 7.07M | 8.56M | 13.44M | 14.11M | 15.41M | 15.97M | 12.85M | 10.23M | 15.7M | 8.33M | 8.03M | 7.35M | 5.84M | 4.4M | 2.72M | 3.25M | 2.19M |
| Total Debt | 2.37K | 9.11K | 63.42K | 122.81K | 105.03K | 75.46K | 2.05M | 201.99K | 1.53M | 500.55K | 1.94M | 7.29K | 61.67K | 77.86K | 209.21K | 52.92K | 30K |
| Net Debt | -46.5M | -50.88M | -44.58M | -37.32M | -24.5M | -75.36M | -30.99M | -5.68M | -442.12K | -3.41M | -4.01M | -11.6M | -6.46M | -452.19K | -448.74K | -172.36K | -1.47M |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.06x | 0.01x | 0.21x | 0.09x | 0.22x | 0.00x | 0.01x | - | - | - | - |
| Debt / EBITDA | -0.00x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 26.57x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -191.80x | -290.31x | -2366.68x | - | -5592.86x | -123.04x | -165.77x | -30.20x | -20.22x | -83.18x | -90.15x | -96.60x | 126.48x | -51.39x | -39.35x | -162.11x | -31.86x |
| Total Equity | 48.47M | 48.92M | 48.78M | 65.31M | 70.27M | 74.83M | 31.93M | 13.72M | 7.22M | 5.29M | 8.99M | 14.19M | 4.26M | -1.45M | -1.31M | -1.85M | -80K |
| Equity Growth % | -24.46% | 0.28% | -25.31% | -7.05% | -6.09% | 134.35% | 132.75% | 90.04% | 36.36% | -41.1% | -36.65% | 233.07% | 393.55% | -10.47% | 29.06% | -2214.29% | - |
| Book Value per Share | 2.80 | 2.67 | 2.86 | 3.99 | 4.52 | 4.95 | 3.09 | 2.15 | 3.38 | 3.73 | 6.68 | 15.18 | 5.37 | -9.36 | -22.19 | -241.73 | -0.00 |
| Total Shareholders' Equity | 48.47M | 48.92M | 48.78M | 65.31M | 70.27M | 74.83M | 31.93M | 13.72M | 7.22M | 5.29M | 8.99M | 14.19M | 4.26M | -1.45M | -1.31M | -1.85M | -80K |
| Common Stock | 1.82K | 1.81K | 1.75K | 1.66K | 6.24K | 6.21K | 5K | 3.46K | 1.21K | 573 | 545 | 522 | 5.77K | 2.26K | 619 | 3.87K | 0 |
| Retained Earnings | -105.03M | -104.25M | -104.3M | -85.44M | -78.1M | -73.63M | -70.49M | -60.38M | -53.09M | -47.28M | -41.81M | -34.25M | -22.94M | -26.13M | -22.8M | -18.13M | -14.15M |
| Treasury Stock | -2.34M | -2.34M | -1.62M | -1.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -57.8K | -53.68K | 105.29K | -250.59K | -780.79K | 0 | 0 | 0 | -998.56K | -790.03K | -616.06K | -445.97K | -239.52K | -205.07K | -173.73K | 0 | -630K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Capital erosion via operations
As reported in recent financial filings, IZEA's total assets have declined from $79.4M in 2023Q4 to $55.5M in 2026Q1, a trend that suggests the company is currently in a phase of balance sheet contraction as it struggles to stabilize its core revenue-generating operations.
The consistent reduction in total assets reflects a business model that is shedding scale rather than reinvesting for growth. This trajectory warrants concern, as the decline in asset value appears to track with the company's inability to maintain its top-line performance.
Based on the company's reported figures, IZEA maintains a robust liquidity position with $46.5M in cash as of 2026Q1, resulting in a current ratio of 7.52, which provides a significant, albeit slowly depleting, buffer against the firm's ongoing operational cash burn.
The high current ratio is primarily a function of the large cash pile rather than efficient working capital management. While this liquidity protects the company from immediate insolvency, investors should monitor the rate at which this cash is consumed to fund persistent operating losses.
According to quarterly balance sheet data, IZEA's equity base has been eroded by a cumulative deficit in retained earnings, which reached -$105.0M in 2026Q1, signaling that historical capital raises have been largely offset by years of sustained operational unprofitability.
The negative retained earnings balance highlights the structural difficulty the company faces in generating long-term shareholder value. This trend suggests that the equity base is not being supported by organic earnings, but rather by the preservation of cash from previous financing activities.
As indicated in financial statements, IZEA carries $2.4M in goodwill as of 2026Q1, a figure that warrants further investigation given the company's recent revenue contraction and the potential for future impairment charges if the underlying business units fail to meet performance expectations.
While the goodwill balance is relatively small compared to the total cash position, any impairment would further pressure the already negative retained earnings. This represents a non-obvious risk that could negatively impact the book value of equity in future reporting periods.
Quick answers to the most common questions about buying IZEA stock.
As of 2025, IZEA Worldwide, Inc. (IZEA) had total assets of $57.5M including $55.1M in current assets.
IZEA Worldwide, Inc. (IZEA) carries total debt of $0.0M, offset by $50.9M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
IZEA Worldwide, Inc. (IZEA) has total shareholders' equity (book value) of $48.9M ($2.67 book value per share). Book value represents the net worth of the company belonging to common stock holders.
IZEA Worldwide, Inc. (IZEA) reported a current ratio of 6.44x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.