The company's financial position is increasingly vulnerable, evidenced by a retained earnings deficit of $10.9M and a sharp decline in cash reserves to $677.5K as of 2025Q4.
| Total Current Assets | 1.52M | 5.11M | 8.37M | 1.05M | 474.4K | 643.11K |
| Cash & Short-Term Investments | 1.31M | 4.18M | 7.43M | 89.81K | 33.02K | 144.74K |
| Cash Only | 677.52K | 4.18M | 7.43M | 89.81K | 33.02K | 144.74K |
| Short-Term Investments | 627.53K | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 58.2K | 114.56K | 22.38K | 184.06K | 69.32K | 122.91K |
| Days Sales Outstanding | 70.01 | 44.86 | 13.16 | 119.94 | 34.93 | 58.84 |
| Inventory | 64.16K | 394.19K | 264.47K | 304.82K | 351.42K | 358.15K |
| Days Inventory Outstanding | 81.04 | 164.65 | 202.54 | 329.6 | 276.01 | 153.99 |
| Other Current Assets | 50.35K | 99.72K | 301.93K | 411.26K | 0 | 0 |
| Total Non-Current Assets | 148.42K | 628.03K | 58.11K | 98.2K | 58.34K | 119.96K |
| Property, Plant & Equipment | 119.28K | 526.7K | 58.11K | 98.2K | 58.34K | 119.96K |
| Fixed Asset Turnover | 2.54x | 1.77x | 10.68x | 5.70x | 12.42x | 6.36x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 25.33K | 18.66K | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3.81K | 82.67K | 0 | 0 | 0 | 0 |
| Total Assets | 1.66M | 5.74M | 8.42M | 1.15M | 532.74K | 763.07K |
| Asset Turnover | 0.18x | 0.16x | 0.07x | 0.49x | 1.36x | 1.00x |
| Asset Growth % | -70.99% | -31.9% | 634.15% | 115.41% | -30.18% | - |
| Total Current Liabilities | 416.93K | 1.32M | 755.09K | 2.38M | 7.15M | 6.74M |
| Accounts Payable | 36.55K | 184.25K | 56.68K | 47.26K | 37.12K | 72.88K |
| Days Payables Outstanding | 46.17 | 76.96 | 43.41 | 51.1 | 29.15 | 31.33 |
| Short-Term Debt | 77.09K | 0 | 2.09K | 1.51M | 6.64M | 6.15M |
| Deferred Revenue (Current) | 315.33K | 188.47K | 201.76K | 185K | 32.66K | 38.65K |
| Other Current Liabilities | -884.94K | 12.34K | 3.7K | 9.14K | 390.8K | 10K |
| Current Ratio | 3.64x | 3.87x | 11.08x | 0.44x | 0.07x | 0.10x |
| Quick Ratio | 3.48x | 3.57x | 10.73x | 0.31x | 0.02x | 0.04x |
| Cash Conversion Cycle | 104.88 | 132.55 | 172.29 | 398.44 | 281.79 | 181.5 |
| Total Non-Current Liabilities | 257.25K | 4.73M | 1.56M | 407.57K | 6.72M | 25.97K |
| Long-Term Debt | 0 | 0 | 0 | 399.79K | 0 | 17.63K |
| Capital Lease Obligations | 19.14K | 216.92K | 0 | 7.78K | 0 | 8.34K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 238.11K | 4.51M | 1.56M | 0 | -316.39K | 0 |
| Total Liabilities | 674.17K | 6.05M | 2.32M | 2.79M | 7.15M | 6.76M |
| Total Debt | 96.23K | 419.48K | 7.54K | 1.97M | 6.65M | 6.23M |
| Net Debt | -581.29K | -3.76M | -7.42M | 1.88M | 6.62M | 6.08M |
| Debt / Equity | 0.10x | - | 0.00x | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - |
| Interest Coverage | - | - | -23.69x | -83.36x | - | -276.46x |
| Total Equity | 990.45K | -311.64K | 6.11M | -1.64M | -6.62M | -6M |
| Equity Growth % | 417.82% | -105.1% | 471.82% | 75.18% | -10.25% | - |
| Book Value per Share | 0.06 | -0.03 | 1.25 | -0.28 | -1.11 | -1.01 |
| Total Shareholders' Equity | 990.45K | -311.64K | 6.11M | -1.64M | -6.62M | -6M |
| Common Stock | 34.88K | 19.78K | 56.23K | 21.46K | 1.95K | 1.95K |
| Retained Earnings | -10.95M | -29.48M | -18.42M | -14.65M | -13M | -12.38M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Imminent Liquidity and Solvency Risk
As reported in recent financial statements, ParaZero's total assets have plummeted from $8.4M in 2023Q4 to $1.7M by 2025Q4, signaling a severe contraction in the company's resource base that reflects the ongoing inability to achieve commercial scale or operational self-sufficiency in its current market.
The consistent decline in total assets suggests that the company is consuming its remaining capital to fund persistent operating losses rather than investing in growth. This downward trajectory indicates that the business model remains fundamentally unproven, leaving the company with a shrinking buffer to navigate its high-cost regulatory environment.
Based on the latest quarterly filings, ParaZero holds only $677,516 in cash, a significant reduction from the $7.4M reported in 2023Q4, which highlights an urgent liquidity constraint that may force the company to seek dilutive financing or pursue a strategic exit in the near term.
While the current ratio of 3.64 appears superficially healthy, it is misleading given the company's inability to generate positive operating cash flow. The rapid depletion of cash reserves suggests that the company's survival is increasingly dependent on external capital injections rather than internal cash generation.
According to historical balance sheet data, the company's retained earnings have reached a deficit of $10.9M, reflecting years of accumulated losses that have severely eroded shareholder equity and left the capital structure in a precarious state for potential future investors.
The volatility in equity, which has swung between positive and negative values over the last ten quarters, indicates a lack of stability in the company's financial foundation. This pattern suggests that the equity base is highly sensitive to the company's ongoing inability to convert its regulatory certifications into profitable revenue streams.
As indicated by the balance sheet, the company's reliance on minimal PPE of $119.3K suggests an asset-light model that lacks tangible collateral, which may limit the company's ability to secure traditional debt financing during periods of financial distress or operational volatility.
The absence of significant tangible assets means that the company's value is almost entirely tied to intangible regulatory certifications and intellectual property. Investors should monitor whether these intangibles can be monetized effectively, as the current balance sheet provides little protection against the risk of total impairment if the core drone market shifts.
Quick answers to the most common questions about buying PRZO stock.
As of 2025, ParaZero Technologies Ltd. (PRZO) had total assets of $1.7M including $1.5M in current assets.
ParaZero Technologies Ltd. (PRZO) carries total debt of $0.1M, offset by $1.3M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
ParaZero Technologies Ltd. (PRZO) has total shareholders' equity (book value) of $1.0M ($0.06 book value per share). Book value represents the net worth of the company belonging to common stock holders.
ParaZero Technologies Ltd. (PRZO) reported a current ratio of 3.64x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.