10-Q
Quarterly Report
BIO KEY INTERNATIONAL INC
BKYI
NASDAQ
CIK: 1019034
File #: 1-13463
Balance Sheet
41 line items · 2 periods
XBRL
| Item | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
ASSETS | ||
Cash and cash equivalents | 2,039,853 | 437,604 |
Accounts receivable, net | 959,503 | 718,229 |
Due from factor | 0 | 74,170 |
Inventory | 394,176 | 378,307 |
Prepaid expenses and other | 352,375 | 278,648 |
Total current assets | 3,745,907 | 1,886,958 |
Equipment and leasehold improvements, net | 82,557 | 140,198 |
Capitalized contract costs, net | 335,877 | 409,426 |
Deposits and other assets | 7,976 | 7,976 |
Operating lease right-of-use assets | 54,433 | 73,372 |
Approximation | 54,433 | 73,372 |
Investments | 5,000,000 | 5,000,000 |
Intangible assets, net | 886,563 | 1,097,630 |
Total non-current assets | 6,367,406 | 6,728,602 |
TOTAL ASSETS | 10,113,313 | 8,615,560 |
LIABILITIES | ||
Accounts payable | 655,647 | 818,187 |
Accrued liabilities | 1,214,377 | 1,278,732 |
Note payable, current | 319,834 | 1,525,977 |
Government Loan | 88,115 | 132,731 |
Deferred revenue, current | 659,627 | 773,267 |
Operating lease liabilities, current portion | 26,522 | 24,642 |
Total current liabilities | 2,964,122 | 4,553,536 |
Deferred revenue, long term | 75,146 | 196,237 |
Note payable, long term | 1,000,000 | 0 |
Government loan – BBVA Bank – net of current portion | 0 | 44,762 |
Operating lease liabilities, net of current portion | 28,967 | 48,994 |
Total non-current liabilities | 1,104,113 | 289,993 |
TOTAL LIABILITIES | 4,068,235 | 4,843,529 |
STOCKHOLDERS’ EQUITY | ||
Common stock — authorized, 170,000,000 shares; issued and outstanding; 7,313,423 and 3,715,483 of $.0001 par value at September 30, 2025 and December 31, 2024, respectively | 731 | 372 |
Additional paid-in capital | 138,180,051 | 133,030,271 |
Accumulated other comprehensive income | 40,988 | 49,290 |
Accumulated deficit | (132,176,692) | (129,307,902) |
TOTAL STOCKHOLDERS’ EQUITY | 6,045,078 | 3,772,031 |
Common Stock | 731 | 372 |
Additional Paid-in Capital | 138,180,051 | 133,030,271 |
AOCI Attributable to Parent | 40,988 | 49,290 |
Retained Earnings | (132,176,692) | (129,307,902) |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | 10,113,313 | 8,615,560 |