MITEK SYSTEMS INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $9.0m $12.3m $9.0m $16.7m $20.0m $30.3m $24.0m $58.9m $93.5m $154.2m
Short-term Investments $24.9m $30.3m $8.4m $16.5m $40.0m $149.1m $37.9m $74.7m $36.9m $38.9m
Assets, Current $40.3m $50.9m $37.6m $54.1m $84.1m $204.1m $94.4m $190.0m $185.1m $248.5m
Property, Plant and Equipment, Net $440k $613k $4.7m $4.2m $3.6m $3.7m $3.9m $2.8m $2.6m $2.3m
Goodwill $2.9m $3.0m $34.4m $32.6m $35.7m $63.1m $134.8m $123.5m $131.6m $133.5m
Operating Lease, Right-of-Use Asset $5.4m $7.1m $6.4m $4.1m $4.7m $2.6m
Other Assets, Noncurrent $40k $74k $2.1m $2.3m $5.6m $6.3m $5.1m $1.6m $1.6m $2.2m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $4.9m $7.1m $16.8m $14.9m $15.6m $16.6m $23.8m $32.1m $31.7m $36.8m
Accrued Liabilities, Current $480k $1.2m $26k $424k $343k
Assets $48.4m $71.7m $127.2m $135.9m $169.2m $419.7m $383.7m $405.4m $413.8m $459.1m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $1.8m $1.9m $2.2m $1.9m $805k $890k
Accounts Payable, Current $1.3m $1.9m $3.6m $3.6m $3.9m $2.5m $6.7m $7.6m $7.2m $3.9m
Operating Lease, Liability, Noncurrent $5.3m $6.6m $5.5m $2.9m $4.2m $2.1m
Deferred Revenue, Current $3.4m $3.3m $4.8m $5.6m $8.0m $10.4m $13.4m $17.4m $21.2m $29.1m
Deferred Revenue, Noncurrent $259k $85k $485k $736k $1.6m $955k $1.8m $957k $753k $1.1m
Liabilities, Current $8.3m $9.5m $20.4m $20.0m $24.4m $39.2m $40.7m $51.5m $42.1m $209.0m
Deferred Income Tax Liabilities, Net $0 $8.2m $5.6m $4.6m $4.1m $20.7m $6.5m $3.9m $295k
Other Liabilities, Noncurrent $314k $692k $2.7m $2.2m $982k $6.9m $6.5m $2.9m $4.3m $6.4m
Long Term Debt $2.7m $4.3m
Deferred Tax Liabilities, Net $29k $0
Liabilities $8.9m $10.3m $31.8m $28.6m $36.9m $226.9m $198.8m $200.2m $199.0m $218.9m
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Common Stock, Value, Issued $33k $34k $38k $40k $42k $44k $44k $46k $45k $46k
Retained Earnings (Accumulated Deficit) ($31.5m) ($17.4m) ($21.0m) ($20.8m) ($14.0m) ($6.1m) ($17.5m) ($9.3m) ($30.3m) ($26.2m)
Accumulated Other Comprehensive Income (Loss), Net of Tax ($42k) $147k ($586k) ($4.1m) ($323k) ($943k) ($5.2m) ($14.2m) ($2.3m) $586k
Additional Paid in Capital, Common Stock $71.0m $78.7m $116.9m $132.2m $146.5m $199.9m $207.5m $228.7m $247.3m $265.8m
Stockholders' Equity Attributable to Parent $39.5m $61.4m $95.4m $107.3m $132.2m $192.8m $184.9m $205.2m $214.8m $240.3m
Liabilities and Equity $48.4m $71.7m $127.2m $135.9m $169.2m $419.7m $383.7m $405.4m $413.8m $459.1m