Nextboat Inc. balance sheet

At the end of fiscal 2025, Nextboat Inc. had total assets of $48.4m, total liabilities of $36.6m and shareholders' equity of $11.8m. It held $12.4m in cash against $25.4m of debt: net debt of $13.0m.

Balance sheet

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

Nextboat Inc.: balance sheet, annual
Fiscal year	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	3	12	8
Receivables	0	0	1
Inventory	23	26	60
Total current assets	29	40	71
Goodwill	1	1	5
Total assets	32	48	100
Accounts payable	1	1	2
Deferred revenue (current)	2	1	3
Total current liabilities	29	31	68
Short-term debt	0	—	2
Long-term debt	0	0	3
Total debt	21	25	57
Total liabilities	31	37	88
Shareholders' equity	1	12	12
Net debt (negative = net cash)	18	13	49
Shares outstanding	20m	24m	25m

US$ millions unless shown otherwise. Fiscal quarters.

Nextboat 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	—	0	—	—	0	0	0	1
Inventory	—	23	—	—	24	26	46	60
Total current assets	—	29	—	—	29	40	53	71
Goodwill	—	1	—	—	1	1	1	5
Total assets	—	32	—	—	33	48	64	100
Accounts payable	—	1	—	—	1	1	2	2
Deferred revenue (current)	—	2	—	—	2	1	2	3
Total current liabilities	—	29	—	—	32	31	49	68
Short-term debt	—	0	—	—	0	—	2	2
Long-term debt	—	0	—	—	0	0	0	3
Total debt	—	0	—	—	0	0	2	5
Total liabilities	—	31	—	—	33	37	54	88
Shareholders' equity	1	1	1	0	−1	12	10	12
Shares outstanding	—	20m	—	—	20m	24m	24m	25m

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 Nextboat 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 Nextboat Inc.