VirTra, Inc. (VTSI) 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 | 38.9M | 40.65M | 42.6M | 44.15M | 45.23M | 44.47M | 44.94M | 44.35M | 47.52M | 49.74M | 46.42M | 44.21M | 38.14M | 34.1M | 32.57M | 35.9M | 34.57M | 33.51M | 37.34M | 39.38M |
| Cash & Short-Term Investments | 17.85M | 18.59M | 20.77M | 20.7M | 17.61M | 18.04M | 19.67M | 18.41M | 22.42M | 18.85M | 17.2M | 13.34M | 14.26M | 13.48M | 15.67M | 15.02M | 15.69M | 19.71M | 21.55M | 23.79M |
| Cash Only | 17.85M | 18.59M | 20.77M | 20.7M | 17.61M | 18.04M | 19.67M | 18.41M | 22.42M | 18.85M | 17.2M | 13.34M | 14.26M | 13.48M | 15.67M | 15.02M | 15.69M | 19.71M | 21.55M | 23.79M |
| 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 | 5.24M | 6.37M | 6.6M | 8.03M | 11.01M | 10.58M | 9.48M | 10.51M | 11.98M | 17.58M | 17.13M | 20.35M | 12.61M | 10.49M | 6.42M | 11.21M | 10.97M | 7.84M | 9.24M | 9.55M |
| Days Sales Outstanding | 150.39 | 204.88 | 125.87 | 124.2 | 135.69 | 196.37 | 122.86 | 168.48 | 183.1 | 146.96 | 228.05 | 145.08 | 103.65 | 89.96 | 165.41 | 126.2 | 125.38 | 90.9 | 141.82 | 159.81 |
| Inventory | 14.37M | 13.06M | 12.34M | 12.81M | 14.99M | 14.58M | 13.91M | 13.47M | 12.29M | 12.4M | 10.78M | 9.97M | 10.75M | 9.59M | 9.77M | 8.83M | 6.95M | 5.01M | 5.93M | 5.21M |
| Days Inventory Outstanding | 920.87 | 943.86 | 631.36 | 583.73 | 677.76 | 740.84 | 634.15 | 2.13K | 426.91 | 624.1 | 438.6 | 213.43 | 297.37 | 266.65 | 358.43 | 220.67 | 175.57 | 86.58 | 159.29 | 201.72 |
| Other Current Assets | 1.44M | 2.62M | 341.01K | 2.61M | 1.62M | 1.27M | 1.89M | 1.95M | 832.71K | 0 | 1.31M | 546.33K | 532.73K | 531.05K | 0 | 0 | 0 | 0 | 0 | 100K |
| Total Non-Current Assets | 24.25M | 25.6M | 23.61M | 23.22M | 21.57M | 20.98M | 21.13M | 21.68M | 21.85M | 20.64M | 22.11M | 22.29M | 20.4M | 19.72M | 18.49M | 17.22M | 16.88M | 16.07M | 16.22M | 5.18M |
| Property, Plant & Equipment | 16.23M | 16.54M | 16.66M | 16.8M | 16.71M | 16.64M | 16.83M | 17.09M | 17.39M | 16.2M | 15.94M | 16.12M | 16.3M | 16.48M | 15.92M | 14.81M | 14.18M | 13.65M | 13.3M | 2.73M |
| Fixed Asset Turnover | 0.21x | 0.18x | 0.32x | 0.42x | 0.43x | 0.28x | 0.44x | 0.35x | 0.44x | 0.68x | 0.47x | 0.64x | 0.61x | 0.53x | 0.32x | 0.55x | 0.49x | 0.64x | 0.76x | 2.09x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.4M | 2.51M | 2.63M | 2.74M | 556.43K | 558.65K | 560.87K | 563.1K | 565.32K | 567.54K | 569.76K | 571.99K | 582.15K | 587.78K | 593.4K | 579.96K | 566.16K | 535.08K | 882.6K | 359.49K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.69K | 0 | 0 | 0 | 0 | 0 | 0 | 19.71K | 19.71K | 0 |
| Other Non-Current Assets | 1.21M | 2.41M | 4.32M | 164.16K | 183.87K | 183.87K | 237.36K | 237.36K | 237.36K | 3.87M | 201.67K | 238.15K | 412.94K | 412.15K | 412.15K | 412.15K | 396.17K | 189.73K | 533.26K | 498.68K |
| Total Assets | 63.15M | 66.25M | 66.2M | 67.37M | 66.8M | 65.45M | 66.07M | 66.02M | 69.38M | 70.38M | 68.53M | 66.5M | 58.54M | 53.81M | 51.06M | 53.12M | 51.45M | 49.58M | 53.56M | 44.56M |
| Asset Turnover | 0.05x | 0.04x | 0.08x | 0.10x | 0.11x | 0.07x | 0.11x | 0.09x | 0.11x | 0.16x | 0.11x | 0.17x | 0.18x | 0.16x | 0.09x | 0.15x | 0.13x | 0.17x | 0.12x | 0.15x |
| Asset Growth % | -5.46% | 1.21% | 0.2% | 2.04% | -3.72% | -7% | -3.59% | -0.71% | 18.5% | 30.79% | 34.2% | 25.18% | 13.79% | 8.55% | -4.66% | 19.21% | 115.45% | 117.88% | 174.34% | 143.4% |
| Total Current Liabilities | 9.99M | 10.23M | 9.68M | 10.03M | 9.97M | 9.65M | 8.96M | 9.55M | 14.34M | 15.75M | 17.23M | 17.64M | 10.88M | 9.76M | 6.85M | 8.93M | 8.72M | 7.56M | 11.5M | 11.65M |
| Accounts Payable | 971.96K | 784.07K | 1.18M | 1.03M | 1.22M | 957.38K | 1.12M | 1.01M | 1.7M | 2.28M | 1.39M | 1.16M | 1.57M | 1.25M | 697.86K | 1.46M | 1.34M | 789.39K | 1.09M | 1.21M |
| Days Payables Outstanding | 58.96 | 73.17 | 55.73 | 47.27 | 49.82 | 54.05 | 49.44 | 223.9 | 68.75 | 98.77 | 53.75 | 28.07 | 41.23 | 26.84 | 41.56 | 39.18 | 31.29 | 14.84 | 32.88 | 46.98 |
| Short-Term Debt | 423.52K | 424.06K | 226.91K | 227.85K | 228.45K | 230.79K | 230.82K | 230.46K | 226.66K | 226.35K | 207.22K | 246.22K | 229.4K | 232.54K | 232.59K | 233.67K | 235.14K | 236.29K | 233.05K | 531.54K |
| Deferred Revenue (Current) | 6.81M | 7.36M | 6.67M | 7.01M | 6.24M | 6.36M | 4.8M | 5.62M | 5.54M | 0 | 7.74M | 8.38M | 3.8M | 4.3M | 3.07M | 4.37M | 4.68M | 4.14M | 8.06M | 7.88M |
| Other Current Liabilities | 1.22M | 1.66M | 0 | 0 | 0 | 830.66K | 708.95K | 1.77M | 0 | 10.71M | 5.94M | 0 | 0 | 1.92M | 0 | 1.27M | 1.17M | 991.74K | 493.64K | 0 |
| Current Ratio | 3.89x | 3.97x | 4.40x | 4.40x | 4.54x | 4.61x | 5.02x | 4.65x | 3.31x | 3.16x | 2.69x | 2.51x | 3.51x | 3.49x | 4.76x | 4.02x | 3.97x | 4.43x | 3.25x | 3.38x |
| Quick Ratio | 2.45x | 2.70x | 3.12x | 3.13x | 3.03x | 3.10x | 3.46x | 3.23x | 2.46x | 2.37x | 2.07x | 1.94x | 2.52x | 2.51x | 3.33x | 3.03x | 3.17x | 3.77x | 2.73x | 2.93x |
| Cash Conversion Cycle | 1.01K | 1.08K | 701.5 | 660.66 | 763.63 | 883.16 | 707.56 | 2.07K | 541.25 | 672.29 | 612.9 | 330.43 | 359.79 | 329.76 | 482.28 | 307.69 | 269.67 | 162.63 | 268.23 | 314.55 |
| Total Non-Current Liabilities | 8.85M | 10.43M | 9.69M | 10M | 9.84M | 10.12M | 10.96M | 11.07M | 11.05M | 11.26M | 11.63M | 10.92M | 10.92M | 10.38M | 11.95M | 11.17M | 10.89M | 10.78M | 10.9M | 3.28M |
| Long-Term Debt | 7.25M | 7.31M | 7.38M | 7.44M | 7.5M | 7.57M | 7.63M | 7.69M | 7.75M | 7.81M | 7.87M | 7.93M | 7.99M | 8.05M | 8.11M | 8.17M | 8.22M | 8.28M | 8.34M | 789.17K |
| Capital Lease Obligations | 42.4K | 89.05K | 135.2K | 174.7K | 221.63K | 265.11K | 308.11K | 353.71K | 289.69K | 432.18K | 307.09K | 450.34K | 585.16K | 720.02K | 854.58K | 321.22K | 415.26K | 505.38K | 594.5K | 682.62K |
| Deferred Tax Liabilities | 0 | 1.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.01M | 0 | 0 | 0 | 0 | 0 | 5.44K | 5.44K | 5.44K | 5.43K | 0 |
| Total Liabilities | 18.84M | 20.66M | 19.37M | 20.03M | 19.81M | 19.76M | 19.92M | 20.61M | 25.39M | 27.01M | 28.85M | 28.56M | 21.8M | 20.13M | 18.8M | 20.1M | 19.61M | 18.35M | 22.4M | 14.92M |
| Total Debt | 7.71M | 7.83M | 7.94M | 8.04M | 8.15M | 8.26M | 8.36M | 8.46M | 8.59M | 8.79M | 8.97M | 9.2M | 9.37M | 9.56M | 9.74M | 9.08M | 9.23M | 9.37M | 9.51M | 2.34M |
| Net Debt | -10.14M | -10.77M | -12.83M | -12.66M | -9.47M | -9.78M | -11.31M | -9.95M | -13.82M | -10.06M | -8.24M | -4.14M | -4.88M | -3.92M | -5.93M | -5.93M | -6.46M | -10.34M | -12.04M | -21.45M |
| Debt / Equity | 0.17x | 0.17x | 0.17x | 0.17x | 0.17x | 0.18x | 0.18x | 0.19x | 0.20x | 0.20x | 0.23x | 0.24x | 0.26x | 0.28x | 0.30x | 0.27x | 0.29x | 0.30x | 0.31x | 0.08x |
| Debt / EBITDA | - | - | - | 5.47x | 4.72x | - | 7.56x | 5.68x | 8.47x | 2.32x | 4.74x | 3.99x | 2.45x | 4.23x | - | 6.71x | 9.16x | 89.78x | 18.65x | 2.33x |
| Net Debt / EBITDA | - | - | - | -8.61x | -5.48x | - | -10.22x | -6.68x | -13.62x | -2.65x | -4.35x | -1.80x | -1.28x | -1.74x | - | -4.38x | -6.41x | -99.07x | -23.62x | -21.41x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 44.31M | 45.59M | 46.83M | 47.34M | 46.98M | 45.69M | 46.15M | 45.41M | 43.99M | 43.37M | 39.67M | 37.94M | 36.74M | 33.68M | 32.27M | 33.03M | 31.84M | 31.23M | 31.16M | 29.64M |
| Equity Growth % | -5.7% | -0.22% | 1.47% | 4.25% | 6.81% | 5.35% | 16.32% | 19.7% | 19.72% | 28.76% | 22.95% | 14.87% | 15.4% | 7.85% | 3.54% | 11.41% | 158.5% | 167.86% | 210.03% | 222.29% |
| Book Value per Share | 3.92 | 4.04 | 4.16 | 4.20 | 4.21 | 4.06 | 4.13 | 4.10 | 4.01 | 3.96 | 3.63 | 3.47 | 3.37 | 3.08 | 2.97 | 3.03 | 2.93 | 3.10 | 2.82 | 2.77 |
| Total Shareholders' Equity | 44.31M | 45.59M | 46.83M | 47.34M | 46.98M | 45.69M | 46.15M | 45.41M | 43.99M | 43.37M | 39.67M | 37.94M | 36.74M | 33.68M | 32.27M | 33.03M | 31.84M | 31.23M | 31.16M | 29.64M |
| Common Stock | 1.13K | 1.13K | 1.13K | 1.13K | 1.13K | 1.13K | 1.12K | 1.11K | 1.11K | 1.11K | 1.09K | 1.09K | 1.09K | 1.09K | 1.09K | 1.09K | 1.08K | 1.08K | 1.08K | 1.08K |
| Retained Earnings | 11.21M | 12.53M | 13.83M | 14.21M | 14.04M | 12.77M | 13.66M | 13.08M | 11.88M | 11.41M | 7.87M | 6.23M | 5.21M | 2.26M | 865.8K | 1.67M | 881.31K | 304.24K | 291.64K | -1.05M |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |