Newton Golf Company, Inc. balance sheet
At the end of fiscal 2025, Newton Golf Company, Inc. had total assets of $3.3m, total liabilities of $2.4m and shareholders' equity of $926,000. It held $1.3m in cash against $0 of debt.
Balance sheet
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | 0 | 5 | 8 | 1 | 0 |
| Receivables | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 1 | 0 | 0 |
| Total current assets | 0 | 6 | 9 | 2 | 1 |
| Total assets | 1 | 6 | 10 | 3 | 2 |
| Deferred revenue (current) | — | — | — | 0 | 0 |
| Total current liabilities | 2 | 0 | 15 | 2 | 4 |
| Total debt | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 2 | 1 | 15 | 2 | 6 |
| Shareholders' equity | −2 | 6 | −5 | 1 | −3 |
| Non-controlling interests and other (assets − liabilities − equity) | 0 | — | — | — | — |
| Shares outstanding | 11m | — | — | 5m | 5m |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 |
| Total current assets | 2 | 9 | 7 | 6 | 4 | 2 | 2 | 1 |
| Total assets | 3 | 10 | 8 | 7 | 5 | 3 | 3 | 2 |
| Deferred revenue (current) | — | — | — | — | — | 0 | 1 | 0 |
| Total current liabilities | 1 | 15 | 2 | 2 | 2 | 2 | 4 | 4 |
| Total liabilities | 1 | 15 | 2 | 2 | 2 | 2 | 4 | 6 |
| Shareholders' equity | 3 | −5 | 6 | 4 | 3 | 1 | −2 | −3 |
| Shares outstanding | 1m | — | 4m | 5m | 5m | 5m | 5m | 5m |
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