TON Strategy Co. (TONX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | 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 |
|---|
| Total Current Assets | 37.36M | 42.36M | 58.43M | 11.9M | 14.25M | 16.47M | 15.82M | 17.57M | 14.49M | 4.68M | 1.32M | 3.76M | 5.57M | 4.06M | 3.1M | 8.26M | 5.97M | 3.19M | 6.06M | 8.65M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 7.53 | 10.46 | 18.88 | 35.26 | 47.55 | 44.54 | - | - | - | - | - | - | 51.19K | 52.48 | 49.89K | - | 48.8 | 48.79 | 38.24 | 40.36 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 2.14M | 2.43M | 4.53M | 1.07M | 1.13M | 1.13M | 233K | 375K | 313K | 331K | 0 | 238K | 525K | 1.63M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 284.3M | 368.8M | 603.44M | 11.76M | 4.12M | 4.17M | 6.31M | 6.46M | 5.93M | 6.16M | 6.75M | 8.7M | 19.71M | 20.43M | 31.69M | 32.15M | 32.13M | 31.24M | 29.83M | 27.77M |
| Property, Plant & Equipment | 0 | 0 | 0 | 615K | 676K | 671K | 364K | 3.78M | 268K | 4.25M | 282K | 6.79M | 7.53M | 8.06M | 2.21M | 2.3M | 2.19M | 2.88M | 5.38M | 3.22M |
| Fixed Asset Turnover | - | - | - | 3.29x | 1.94x | 1.40x | 0.06x | 0.02x | 0.00x | 0.01x | 0.01x | 0.00x | 0.00x | 0.42x | 0.00x | - | 1.06x | 0.66x | 0.67x | 0.72x |
| Goodwill | 5.17M | 5.17M | 5.17M | 5.17M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.58M | 0 | 19.76M | 19.76M | 19.76M | 19.76M | 19.76M | 20.06M |
| Intangible Assets | 60K | 48K | 1.01M | 3.65M | 2.91M | 3.17M | 184K | 155K | 3.88M | 4.11M | 4.68M | 83K | 762K | 83K | 9.41M | 9.78M | 9.88M | 8.3M | 4.37M | 4.43M |
| Long-Term Investments | 0 | 0 | 0 | 563K | 263K | 0 | 0 | 2.26M | 0 | 1.53M | 0 | 1.53M | 1.53M | 1.53M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 321.66M | 411.16M | 661.88M | 23.66M | 18.37M | 20.64M | 22.14M | 24.03M | 20.43M | 10.84M | 8.07M | 12.46M | 25.27M | 24.49M | 34.78M | 40.41M | 38.09M | 34.43M | 35.89M | 36.42M |
| Asset Turnover | 0.01x | 0.01x | 0.01x | 0.10x | 0.07x | 0.03x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.07x | 0.00x | - | 0.07x | 0.08x | 0.08x | 0.06x |
| Asset Growth % | 1651.22% | 1892.56% | 2889.91% | -1.55% | -10.08% | 90.38% | 174.38% | 92.87% | -19.18% | -55.74% | -76.8% | -69.16% | -33.66% | -28.87% | -3.08% | 10.94% | -12.61% | 5.8% | -15.7% | 28.36% |
| Total Current Liabilities | 5.04M | 4.59M | 7.81M | 3.57M | 3.64M | 4.29M | 3.9M | 3.89M | 6.17M | 7.19M | 8.46M | 12.75M | 16.5M | 16.53M | 16.4M | 14.16M | 19.52M | 17.93M | 18.14M | 19.43M |
| Accounts Payable | 1.72M | 1.87M | 3.77M | 425K | 618K | 731K | 956K | 1.12M | 1.08M | 1.41M | 2.71M | 2.79M | 4.74M | 3.98M | 3.83M | 3.41M | 3.6M | 3.75M | 7.28M | 4.75M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 105K | 129K | 143K | 0 | 0 | 20K | 95K | 88K | 1.02M | 1.85M | 2.61M | 6.85M | 7.44M | 6.16M | 4.17M | 4.12M | 7.9M | 40K | 40K | 3.94M |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 3.22M | 2.32M | 3.9M | 284K | 0 | 534K | 240K | 2.32M | 2K | 2.79M | 231K | 2.35M | 2.12M | 3.77M | 2.07M | 993K | 3.08M | 4.88M | 6.36M | 8.45M |
| Current Ratio | 7.42x | 9.23x | 7.48x | 3.34x | 3.91x | 3.84x | 4.05x | 4.52x | 2.35x | 0.65x | 0.16x | 0.30x | 0.34x | 0.25x | 0.19x | 0.58x | 0.31x | 0.18x | 0.33x | 0.45x |
| Quick Ratio | 7.42x | 9.23x | 7.48x | 3.34x | 3.91x | 3.84x | 4.05x | 4.52x | 2.35x | 0.65x | 0.16x | 0.30x | 0.34x | 0.25x | 0.19x | 0.58x | 0.31x | 0.18x | 0.33x | 0.45x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 63K | 180K | 14.61M | 744K | 183K | 320K | 205K | 235K | 257K | 526K | 326K | 1.53M | 1.63M | 2.8M | 1.85M | 2.72M | 2.75M | 3.17M | 3.34M | 3.5M |
| Long-Term Debt | 63K | 0 | 0 | 0 | 0 | 98K | 103K | 112K | 113K | 362K | 142K | 150K | 150K | 1.22M | 150K | 875K | 875K | 875K | 875K | 875K |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 5.1M | 4.77M | 22.42M | 4.31M | 3.83M | 4.61M | 4.11M | 4.12M | 6.42M | 7.71M | 8.78M | 14.28M | 18.13M | 19.33M | 18.25M | 16.88M | 22.27M | 21.11M | 21.48M | 22.93M |
| Total Debt | 168K | 209K | 247K | 282K | 317K | 464K | 300K | 323K | 1.35M | 2.45M | 3M | 8.38M | 9.07M | 8.95M | 6.51M | 7.31M | 10.99M | 3.81M | 3.96M | 8.02M |
| Net Debt | -34.62M | -39.28M | -52.79M | -4.07M | -5.96M | -7.15M | -10.21M | -16.87M | -12.83M | -1.91M | 2.08M | 4.86M | 5.28M | 6.53M | 5.59M | 1.76M | 7.27M | 2.87M | 303K | 1.57M |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.01x | 0.02x | 0.03x | 0.02x | 0.02x | 0.10x | 0.78x | - | - | 1.27x | 1.73x | 0.39x | 0.31x | 0.69x | 0.29x | 0.27x | 0.59x |
| Debt / EBITDA | 9.63x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -1984.86x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | -2659.00x | -3368.00x | -1964.00x | -17.21x | -14.31x | -13.15x | -15.17x | -11.63x | -8.87x | -36.06x | -18.56x | -10.22x | -8.24x | -4.84x | -15.77x | -18.82x |
| Total Equity | 316.56M | 406.3M | 639.46M | 19.35M | 14.54M | 16.02M | 18.03M | 19.91M | 14M | 3.13M | -715K | -1.82M | 7.14M | 5.17M | 16.53M | 23.53M | 15.82M | 13.32M | 14.41M | 13.49M |
| Equity Growth % | 2077.05% | 2436.06% | 3446.82% | -2.81% | 3.86% | 412.67% | 2621.54% | 1195.1% | 96.15% | -39.51% | -104.32% | -107.73% | -54.89% | -61.22% | 14.73% | 74.46% | -31.5% | 23.98% | -33.82% | 42.76% |
| Book Value per Share | 0.54 | 1.62 | 17.14 | 14.05 | 14.26 | 16.60 | 35.09 | 38.54 | 89.91 | 47.62 | -26.38 | -90.38 | 399.02 | 368.34 | 1295.21 | 1941.58 | 1655.54 | 1683.13 | 1726.78 | 1708.73 |
| Total Shareholders' Equity | 316.57M | 406.39M | 639.1M | 19.38M | 14.6M | 16.2M | 18.03M | 19.91M | 14M | 3.13M | -715K | -1.82M | 7.14M | 5.17M | 16.53M | 23.53M | 15.82M | 13.32M | 14.41M | 13.49M |
| Common Stock | 6K | 6K | 6K | 1K | 1K | 1K | 1K | 13K | 8K | 2K | 1K | 1K | 1K | 1K | 10K | 10K | 8K | 7K | 7K | 6K |
| Retained Earnings | -427.76M | -336.73M | -108.85M | -192.12M | -189.66M | -187.09M | -183.66M | -180.94M | -179.14M | -175.62M | -172.71M | -169M | -159.14M | -153.46M | -137.42M | -129.39M | -123.02M | -116.03M | -110.5M | -101.7M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -7K | -93K | 352K | -31K | -55K | -181K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |