The company maintains a conservative capital structure with a debt-to-equity ratio of 0.01 as of 2026Q1, supported by a substantial cash balance of $222.9M.
| Cash & Short Term Investments | 485.48M | 142.48M | 3.76M | 894.77K | 3.1M | 3.79M |
| Cash & Due from Banks | 222.94M | 103.26M | 3.76M | 894.77K | 3.1M | 3.79M |
| Short Term Investments | 0 | 39.21M | 0 | 0 | 0 | 0 |
| Total Investments | 0 | 39.21M | 0 | 0 | 0 | 0 |
| Investments Growth % | 28254.11% | - | - | - | - | - |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivables | 3.13M | 1.78M | 66.58K | 0 | 0 | 945 |
| Goodwill & Intangibles | 18.1M | 18.16M | 9.63M | 0 | 0 | 0 |
| Goodwill | 15.6M | 15.6M | 7.4M | 0 | 0 | 0 |
| Intangible Assets | 2.5M | 2.56M | 2.23M | 0 | 0 | 0 |
| PP&E (Net) | 6.2M | 4.84M | 324.08K | 1.25K | 3.69K | 0 |
| Other Assets | 198.73K | 197.78K | 59.43K | 512.76K | 187.82K | 0 |
| Total Current Assets | 315.21M | 159.51M | 6.1M | 1.02M | 3.14M | 3.9M |
| Total Non-Current Assets | 24.5M | 23.2M | 10.01M | 514.01K | 191.51K | 0 |
| Total Assets | 339.7M | 182.71M | 16.11M | 1.53M | 3.33M | 3.9M |
| Asset Growth % | 3369.33% | 1034.3% | 953.18% | -54.08% | -14.65% | - |
| Return on Assets (ROA) | -3.28% | -19.31% | -362.65% | -98.09% | -32.4% | -4.15% |
| Accounts Payable | 0 | 1.51M | 668.73K | 0 | 0 | 0 |
| Total Debt | 3.33M | 2.63M | 329.99K | 0 | 0 | 0 |
| Net Debt | -219.61M | -100.63M | -3.43M | -894.77K | -3.1M | -3.79M |
| Long-Term Debt | 2.61M | 2.17M | 0 | 0 | 0 | 0 |
| Short-Term Debt | 714.14K | 456.43K | 67.82K | 0 | 0 | 0 |
| Other Liabilities | 2.85M | 2.85M | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 2.46M | 2.6M | 933.67K | 114.5K | 131.93K | 0 |
| Total Non-Current Liabilities | 5.61M | 5.17M | 355.96K | 0 | 0 | 0 |
| Total Liabilities | 8.07M | 7.77M | 1.29M | 114.5K | 131.93K | 0 |
| Total Equity | 331.64M | 174.94M | 14.82M | 1.41M | 3.2M | 3.9M |
| Equity Growth % | 3675.34% | 1080.59% | 947.26% | -55.76% | -18.03% | - |
| Equity / Assets (Capital Ratio) | 97.63% | 95.75% | 91.99% | 92.51% | 96.04% | 100% |
| Return on Equity (ROE) | -3.4% | -20.23% | -394.02% | -103.33% | -33.01% | -4.15% |
| Book Value per Share | 6.89 | 6.72 | 1.78 | 0.19 | 0.43 | 0.52 |
| Tangible BV per Share | 6.51 | 6.03 | 0.62 | 0.19 | 0.43 | 0.52 |
| Common Stock | 477.94K | 377.6K | 151.22K | 32.17K | 33.92K | 37.76K |
| Additional Paid-in Capital | 0 | 229.67M | 50.58M | 5.32M | 4.71M | 2.27M |
| Retained Earnings | -44.82M | -55.11M | -35.91M | -3.93M | -1.55M | -296.01K |
| Accumulated OCI | 22.9K | 3.47K | 0 | 0 | 0 | 1.89M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Excessive cash burn rate
As reported in financial statements, UMAC's total assets surged from $16.1M in 2024Q4 to $339.7M by 2026Q1, a trajectory driven primarily by capital raises rather than organic asset accumulation, which leaves the company with a balance sheet that appears significantly decoupled from its underlying operational performance.
The rapid expansion of the asset base suggests a company in a transitional phase, likely utilizing IPO proceeds to bolster its liquidity position. However, this growth in assets has not yet translated into a self-sustaining business model, as evidenced by the persistent accumulation of negative retained earnings.
Based on recent SEC filings, the company maintains a robust cash position of $222.9M as of 2026Q1, providing a significant liquidity buffer that supports a current ratio of 128.23, which appears to insulate the firm from immediate solvency risks despite its ongoing operational losses.
This liquidity profile is exceptionally high for a company of this revenue scale, suggesting that management has prioritized capital preservation over immediate deployment. While this provides a long runway, investors should monitor how effectively this capital is allocated toward R&D and market expansion versus simply sitting idle.
According to quarterly data, the company's asset mix is heavily weighted toward cash and cash equivalents, with goodwill remaining at $15.6M, indicating that the firm's value is currently derived more from its recent acquisition-led transformation than from tangible productive assets like property, plant, and equipment.
The relatively low level of net PPE, which stands at $6.2M, confirms an asset-light manufacturing approach that relies on third-party integration or outsourced production. The stability of goodwill suggests that management has not yet faced impairment triggers, though this warrants ongoing scrutiny as product cycles evolve.
As indicated by reported figures, UMAC maintains a conservative capital structure with a debt-to-equity ratio of 0.01 in 2026Q1, suggesting that the company has avoided reliance on external credit markets to fund its operations, opting instead to utilize its substantial cash reserves for current requirements.
The negligible debt load implies that the company is not currently constrained by interest obligations, which is a positive factor given the volatility of its operating cash flows. This lack of leverage provides management with significant flexibility to pursue strategic initiatives without the pressure of debt service.
Quick answers to the most common questions about buying UMAC stock.
As of 2025, Unusual Machines, Inc. (UMAC) had total assets of $182.7M including $159.5M in current assets.
Unusual Machines, Inc. (UMAC) carries total debt of $2.6M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Unusual Machines, Inc. (UMAC) has total shareholders' equity (book value) of $174.9M ($6.72 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Unusual Machines, Inc. (UMAC) reported a current ratio of 61.32x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.