Company: MLSS
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022276
Chunk: 0

Company: MILESTONE SCIENTIFIC INC.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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MILESTONE
SCIENTIFIC AND SUBSIDIARIES

CONDENSED CONSOLIDATED
BALANCE SHEETS

(UNAUDITED)

    September
    30, 2025  
    December
    31, 2024 
  
    ASSETS 

    Current
    assets: 

    Cash
    and cash equivalents 
    $1,345,301  
    $3,258,058 
  
    Accounts
    receivable, net of allowance for credit losses of $10,000, respectively 
     706,924  
     475,376 
  
    Accounts
    receivable, related party 
     9,612  
     - 
  
    Accounts
    receivable 
     9,612  
     - 

    Prepaid
    expenses and other current assets 
     506,574  
     564,645 
  
    Inventories 
     4,126,988  
     3,713,215 
  
    Advances
    on contracts 
     1,414,702  
     1,275,260 
  
    Total
    current assets 
     8,110,101  
     9,286,554 
  
    Furniture,
    fixtures and equipment, net 
     18,254  
     12,921 
  
    Intangibles,
    net 
     96,039  
     148,404 
  
    Right
    of use assets finance lease 
     59,228  
     67,201 
  
    Right
    of use assets operating lease 
     178,251  
     257,842 
  
    Other
    assets 
     24,150  
     24,150 
  
    Total
    assets 
    $8,486,023  
    $9,797,072 

    LIABILITIES
    AND STOCKHOLDERS’ EQUITY 

    Current
    liabilities: 

    Accounts
    payable 
    $2,012,867  
    $1,021,393 
  
    Accounts
    payable, related party 
     1,027,360  
     493,313 
  
    Accounts
    payable 
     1,027,360  
     493,313 

    Accrued
    expenses and other pay