Fluent, Inc. balance sheet

At the end of fiscal 2025, Fluent, Inc. had total assets of $89.1m, total liabilities of $70.9m and shareholders' equity of $18.2m. It held $12.9m in cash against $34.6m of debt: net debt of $21.6m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fluent, Inc.: balance sheet, annual
Fiscal year	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	6	6	13	10	17	18	19	21	34	26	16	9	13	7
Receivables	2	0	21	31	36	49	61	63	70	63	33	26	28	27
Total current assets	8	7	38	43	57	68	82	86	107	92	78	66	67	53
Goodwill	—	5	162	166	160	160	166	165	165	55	1	0	0	0
Total assets	13	13	289	312	317	293	317	310	318	184	94	94	89	75
Accounts payable	1	1	—	—	7	8	22	8	16	6	11	9	7	8
Deferred revenue (current)	0	0	1	0	0	0	1	1	1	1	0	1	1	0
Total current liabilities	2	1	21	26	33	33	52	50	58	50	49	65	65	60
Short-term debt	—	—	2	4	3	4	7	7	5	5	5	32	31	27
Long-term debt	—	—	49	46	60	52	44	33	40	36	25	4	4	5
Total debt	0	0	55	53	65	55	55	43	46	41	31	36	35	32
Total liabilities	2	1	83	82	93	86	106	93	105	90	77	69	71	67
Shareholders' equity	11	12	206	230	224	207	211	217	213	94	34	25	18	8
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	—	—	—	—	—	−18	—	—	—
Net debt (negative = net cash)	−6	−6	42	43	48	38	36	22	12	16	15	26	22	25
Shares outstanding	—	—	—	—	—	—	—	—	—	—	14m	20m	30m	32m

US$ millions unless shown otherwise. Fiscal quarters.

Fluent, Inc.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	53	26	37	31	32	28	20	27
Total current assets	66	66	51	47	50	67	49	53
Goodwill	0	0	0	0	0	0	0	0
Total assets	77	94	77	74	76	89	72	75
Accounts payable	8	9	9	9	9	7	7	8
Deferred revenue (current)	0	1	0	0	0	1	0	0
Total current liabilities	70	65	52	50	48	65	52	60
Short-term debt	33	32	22	20	22	31	23	27
Long-term debt	5	4	4	3	4	4	5	5
Total debt	38	36	26	23	26	35	28	32
Total liabilities	76	69	55	55	54	71	59	67
Shareholders' equity	20	25	22	19	22	18	13	8
Non-controlling interests and other (assets − liabilities − equity)	−18	—	—	—	—	—	—	—
Shares outstanding	17m	20m	21m	24m	30m	30m	30m	32m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Fluent, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Fluent, Inc.