Lendway, Inc. (LDWY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 25.41M | 14.85M | 19.81M | 18.84M | 20.58M | 13.75M | 23.1M | 16.62M | 17.59M | 19.56M | 21.74M | 20.75M | 19.86M | 6.83M | 8.61M | 10.35M | 9.1M | 11.44M | 12.88M | 14.02M |
| Cash & Short-Term Investments | 1.84M | 906K | 1.31M | 1.76M | 1.33M | 1.72M | 5.01M | 16.08M | 14.95M | 11.42M | 10.68M | 14.44M | 14.17M | 2.3M | 481K | 3.85M | 3.65M | 5.88M | 6.84M | 7.13M |
| Cash Only | 1.84M | 906K | 1.31M | 1.76M | 1.33M | 1.72M | 5.01M | 16.08M | 14.95M | 11.42M | 10.68M | 14.44M | 14.17M | 2.3M | 481K | 3.85M | 3.65M | 5.88M | 6.84M | 7.13M |
| 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 | 2.35M | 5.12M | 4.47M | 2.24M | 2.34M | 3.31M | 5.26M | 0 | 0 | 7.58M | 9.33M | 0 | 4.72M | 4.12M | 7.47M | 5.25M | 4.2M | 5.08M | 5.08M | 6.1M |
| Days Sales Outstanding | 166.24 | 80.69 | 131.27 | 132.22 | 128.7 | 71.91 | 239.23 | - | - | - | - | - | - | 462.59 | 443.49 | 423.28 | 439.19 | 304.11 | 343.92 | 440.4 |
| Inventory | 18.8M | 6.7M | 11.92M | 13.37M | 15.49M | 6.97M | 9.72M | 0 | 0 | 28K | 24K | 0 | 37K | 25K | 31K | 19K | 87K | 91K | 102K | 85K |
| Days Inventory Outstanding | 1.32K | 137.42 | 508.71 | 720.41 | 1.09K | 198.79 | 564.01 | - | - | - | - | - | - | 3.22 | 2.32 | 1.74 | 10.77 | 6.8 | 8.35 | 7.71 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 734K | 115K | 492K | 2.51M | 175K | 0 | 6.28M | 721K | 91K | 308K | 366K | 327K | 85K | 238K | 376K |
| Total Non-Current Assets | 79.62M | 81.25M | 80.71M | 81.15M | 81.88M | 82.15M | 83.73M | 52K | 51K | 204K | 195K | 215K | 210K | 242K | 271K | 296K | 353K | 147K | 237K | 267K |
| Property, Plant & Equipment | 43.57M | 44.05M | 44.11M | 44.32M | 44.92M | 45.12M | 45.66M | 42K | 41K | 194K | 195K | 0 | 210K | 242K | 271K | 296K | 316K | 110K | 107K | 112K |
| Fixed Asset Turnover | 0.12x | 0.53x | 0.28x | 0.14x | 0.15x | 0.37x | 0.18x | - | - | - | - | - | - | 13.45x | 22.69x | 15.30x | 11.05x | 55.42x | 50.34x | 45.13x |
| Goodwill | 11.14M | 11.13M | 10.86M | 10.71M | 10.47M | 10.17M | 10.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 24.43M | 24.81M | 25.19M | 25.57M | 25.95M | 26.33M | 26.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 240K | 216K | 191K | 191K | 167K | 167K | 167K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 240K | 1.05M | 360K | 360K | 369K | 881K | 1.07M | 10K | 10K | 10K | 0 | 215K | 0 | 0 | 0 | 0 | 37K | 37K | 130K | 155K |
| Total Assets | 105.03M | 96.1M | 100.51M | 99.98M | 102.46M | 95.9M | 106.82M | 16.67M | 17.64M | 19.76M | 21.93M | 20.97M | 20.07M | 7.08M | 8.88M | 10.65M | 9.46M | 11.58M | 13.12M | 14.29M |
| Asset Turnover | 0.05x | 0.24x | 0.12x | 0.06x | 0.06x | 0.17x | 0.08x | - | - | - | - | 0.22x | - | 0.46x | 0.69x | 0.43x | 0.37x | 0.53x | 0.41x | 0.35x |
| Asset Growth % | 2.51% | 0.21% | -5.91% | 499.68% | 480.9% | 385.31% | 387.09% | -20.48% | -12.1% | 179.25% | 146.97% | 96.88% | 112.21% | -38.91% | -32.31% | -25.47% | -32.76% | -22.7% | -16.3% | -15.9% |
| Total Current Liabilities | 14.15M | 13.75M | 13.53M | 7.81M | 9.06M | 7.68M | 11.95M | 1.1M | 1.7M | 4.53M | 6.67M | 7.37M | 5.86M | 4M | 4.76M | 6.64M | 4.3M | 5.68M | 6.4M | 6.35M |
| Accounts Payable | 4.65M | 1.75M | 4.13M | 3.02M | 3.68M | 2.18M | 2.36M | 32K | 96K | 1.32M | 2.21M | 138K | 1.94M | 1.32M | 1.88M | 2.54M | 1.51M | 2.52M | 2.58M | 3.15M |
| Days Payables Outstanding | 325.44 | 35.87 | 176.36 | 162.67 | 258.83 | 62.06 | 136.91 | - | - | - | - | 13.39 | - | 169.51 | 140.74 | 232.85 | 186.46 | 187.88 | 211.29 | 285.68 |
| Short-Term Debt | 4.3M | 5.43M | 5.8M | 1.82M | 2.27M | 1.8M | 2.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 464K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.3M | 0 | 919K | 0 | 397K | 842K | 0 | 275K | 0 | 180K |
| Other Current Liabilities | 0 | 385K | 23K | 523K | 403K | 2.18M | 1.99M | 257K | 547K | 1.15M | 1.54M | 6.67M | 930K | 602K | 681K | 2.72M | 211K | 474K | 700K | 424K |
| Current Ratio | 1.80x | 1.08x | 1.46x | 2.41x | 2.27x | 1.79x | 1.93x | 15.17x | 10.38x | 4.32x | 3.26x | 2.81x | 3.39x | 1.71x | 1.81x | 1.56x | 2.12x | 2.01x | 2.01x | 2.21x |
| Quick Ratio | 0.47x | 0.59x | 0.58x | 0.70x | 0.56x | 0.88x | 1.12x | 15.17x | 10.38x | 4.32x | 3.26x | 2.81x | 3.38x | 1.70x | 1.80x | 1.56x | 2.09x | 2.00x | 2.00x | 2.19x |
| Cash Conversion Cycle | 1.16K | 182.24 | 463.63 | 689.96 | 959.66 | 208.64 | 666.33 | - | - | - | - | - | - | 296.29 | 305.07 | 192.18 | 263.5 | 123.03 | 140.99 | 162.43 |
| Total Non-Current Liabilities | 79.36M | 67.51M | 74.41M | 80.28M | 78.13M | 71.71M | 77.61M | 45K | 41K | 178K | 187K | 193K | 108K | 802K | 809K | 819K | 830K | 707K | 702K | 1.27M |
| Long-Term Debt | 40.87M | 28.35M | 34.66M | 40.18M | 36.62M | 29.62M | 34.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 590K |
| Capital Lease Obligations | 32.07M | 32.15M | 32.18M | 32.46M | 32.77M | 32.98M | 33.25M | 3K | 0 | 123K | 133K | 0 | 56K | 72K | 88K | 108K | 127K | 13K | 17K | 0 |
| Deferred Tax Liabilities | 6.42M | 7.01M | 7.57M | 7.64M | 8.74M | 9.12M | 9.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42K | 41K | 55K | 54K | 193K | 52K | 730K | 721K | 711K | 703K | 694K | 685K | 677K |
| Total Liabilities | 93.51M | 81.27M | 87.95M | 88.09M | 87.19M | 79.4M | 89.56M | 1.14M | 1.74M | 4.7M | 6.85M | 7.57M | 5.96M | 4.81M | 5.57M | 7.46M | 5.13M | 6.39M | 7.11M | 7.62M |
| Total Debt | 78.61M | 67.19M | 73.78M | 75.55M | 72.73M | 65.41M | 71.65M | 7K | 0 | 139K | 136K | 0 | 127K | 147K | 166K | 184K | 202K | 29K | 33K | 1.11M |
| Net Debt | 76.78M | 66.28M | 72.47M | 73.79M | 71.4M | 63.69M | 66.64M | -16.07M | -14.95M | -11.28M | -10.54M | -14.44M | -14.04M | -2.15M | -315K | -3.67M | -3.45M | -5.85M | -6.8M | -6.02M |
| Debt / Equity | 6.83x | 4.53x | 5.87x | 6.35x | 4.76x | 3.96x | 4.15x | 0.00x | - | 0.01x | 0.01x | - | 0.01x | 0.06x | 0.05x | 0.06x | 0.05x | 0.01x | 0.01x | 0.17x |
| Debt / EBITDA | - | 20.16x | 32.54x | - | - | 95.21x | - | - | - | - | - | - | - | - | 1.87x | - | - | - | - | - |
| Net Debt / EBITDA | - | 19.89x | 31.97x | - | - | 92.70x | - | - | - | - | - | - | - | - | -3.54x | - | - | - | - | - |
| Interest Coverage | -3.70x | 2.66x | 1.48x | -3.97x | -1.69x | -0.12x | -7.31x | - | - | - | - | - | - | - | - | - | - | -25.85x | - | - |
| Total Equity | 11.52M | 14.84M | 12.57M | 11.89M | 15.27M | 16.5M | 17.26M | 15.53M | 15.9M | 15.06M | 15.08M | 13.4M | 14.1M | 2.27M | 3.31M | 3.19M | 4.32M | 5.2M | 6.01M | 6.67M |
| Equity Growth % | -24.55% | -10.08% | -27.19% | -23.42% | -4.01% | 9.59% | 14.48% | 15.9% | 12.76% | 563.6% | 355.15% | 319.7% | 226.28% | -56.33% | -44.9% | -52.11% | -49.38% | -44.05% | -45.34% | -39.84% |
| Book Value per Share | 6.51 | 8.38 | 7.10 | 6.72 | 8.62 | 9.32 | 9.90 | 8.91 | 8.91 | 8.37 | 8.37 | 7.46 | 7.86 | 1.27 | 1.85 | 1.80 | 2.45 | 2.96 | 3.43 | 3.82 |
| Total Shareholders' Equity | 9.32M | 12.14M | 10.33M | 9.84M | 12.8M | 13.8M | 14.49M | 15.53M | 15.9M | 15.06M | 15.08M | 13.4M | 14.1M | 2.27M | 3.31M | 3.19M | 4.32M | 5.2M | 6.01M | 6.67M |
| Common Stock | 17K | 17K | 17K | 17K | 17K | 17K | 17K | 17K | 18K | 18K | 18K | 18K | 18K | 18K | 18K | 18K | 18K | 18K | 18K | 17K |
| Retained Earnings | -7.76M | -4.91M | -5.96M | -6.4M | -3.46M | -2.45M | -1.7M | -661K | -337K | -1.46M | -1.43M | -3.08M | -2.34M | -14.14M | -13.06M | -13.12M | -12.14M | -11.22M | -10.32M | -9.59M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 777K | 750K | 9K | -9K | 38K | 37K | 3K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 2.19M | 2.7M | 2.24M | 2.05M | 2.46M | 2.7M | 2.77M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |