← XCHG Ltd

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value — — $15.7m $26.8m $11.4m
Prepaid Expense and Other Assets, Current — — $3.2m $6.5m $4.2m
Cash and cash equivalents — $8.3m $15.7m $26.8m $11.4m
Accounts receivable, net — $7.6m $12.5m $11.2m $7.0m
Inventories, net — — $6.7m $7.7m $9.4m
Prepayments and other current assets — — $3.2m $6.5m $4.2m
Allowance For Doubtful Accounts Receivable — ($323k) ($536k) ($650k) ($1.0m)
Cash Cash Equivalents And Short Term Investments — $8.3m $15.7m $26.8m $11.4m
Gross Accounts Receivable — $7.9m $13.0m $11.9m $8.0m
Other Current Assets — $194k $198k $409k $4.2m
Other Receivables $41k $68k $64k $481k —
Prepaid Assets $845k $581k $364k $5.2m —
Taxes Receivable $580k $949k $966k $395k —
Inventory, Net — $6.2m $6.7m $7.7m $9.4m
Assets, Current — — $39.7m $54.4m $37.1m
Total current assets — — $39.7m $54.4m $37.1m
Long-term investments — — $106k $104k $107k
Property, Plant and Equipment, Net — — $576k $969k $2.0m
Goodwill And Other Intangible Assets $0 $58k $27k $0 —
Operating Lease, Right-of-Use Asset — — $505k $1.7m $1.8m
Other Assets, Noncurrent — — — — $1.7m
Operating lease right-of-use assets, net — — $505k $1.7m $1.8m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current — — $12.5m $11.2m $7.0m
Restricted cash — $332k $32k $0 $2.5m
Amounts due from related parties, net — — $1.7m $2.2m $3.0m
Short-term borrowings — — $5.6m $8.8m $6.4m
Contract liabilities — — $1.3m $3.2m $4.1m
Operating lease liabilities-current — — $294k $304k $593k
Financial liability — — $247k $189k $64k
Amounts to a related party — — $0 $126k $164k
Accrued expenses and other current liabilities — — $5.0m $5.9m $5.5m
Operating lease liabilities-non-current — — $172k $1.3m $1.2m
Other non-current liabilities — $9k $80k $167k $89k
Accumulated Depreciation — ($1.2m) ($1.3m) ($1.5m) ($1.9m)
Capital Lease Obligations — $526k $466k $1.6m $1.8m
Construction In Progress — — $0 $165k $0
Current Accrued Expenses — $3.1m $4.1m $5.0m $4.7m
Current Capital Lease Obligation — $236k $294k $304k $593k
Current Debt — $4.1m $18.1m $8.8m $6.4m
Current Debt And Capital Lease Obligation — $4.4m $18.4m $9.1m $7.0m
Current Deferred Assets $0 $319k $1.6m $0 —
Current Deferred Liabilities — $2.8m $1.3m $3.2m $4.1m
Duefrom Related Parties Current — $3.6m $1.7m $2.2m $2.5m
Duefrom Related Parties Non Current $4.9m $0 — — —
Dueto Related Parties Current — — $0 $126k $164k
Finished Goods — $2.6m $3.5m $3.5m $4.3m
Gross PPE — $2.0m $2.4m $4.2m $5.6m
Interest Payable — — $0 $612k $825k
Invested Capital — ($25.9m) ($14.0m) $38.3m $24.3m
Investments And Advances — $108k $106k $104k $107k
Leases — $568k $604k $634k $782k
Line Of Credit — $4.1m $5.6m $6.7m $4.3m
Long Term Capital Lease Obligation — $290k $172k $1.3m $1.2m
Machinery Furniture Equipment — $903k $1.3m $1.7m $3.1m
Net PPE — $791k $1.1m $2.6m $3.7m
Net Tangible Assets — ($28.1m) ($30.1m) $29.5m $17.9m
Ordinary Shares Number — $2.4b $2.4b $2.4b $2.9b
Other Current Borrowings — — $12.5m $2.1m $2.1m
Other Current Liabilities — $783k $514k $430k $293k
Other Equity Adjustments — $781k $1.8m $2.0m $1.9m
Other Properties — $562k $505k $1.7m $1.8m
Preferred Securities Outside Stock Equity $40.9m $38.9m $40.0m $0 —
Properties — $0 $0 $0 $0
Raw Materials — $3.7m $3.1m $2.9m $3.2m
Share Issued — $2.4b $2.4b $2.4b $2.9b
Tangible Book Value — ($30.1m) ($32.1m) $29.5m $17.9m
Work In Process — — — $1.3m $1.9m
Working Capital — $10.2m $9.0m $28.2m $13.6m
Total non current assets — $956k $1.2m $2.7m $5.6m
Total non current liabilities — — $252k $1.4m $1.3m
Total shareholders' equity — — ($30.0m) $29.5m $17.9m
Total Capitalization — ($28.0m) ($30.0m) $29.5m $17.9m
Total Debt — $4.6m $18.5m $10.4m $8.2m
Total Tax Payable — $352k $698k $663k $541k
Assets — — $41.0m $57.1m $42.7m
Total assets — $29.1m $41.0m $57.1m $42.7m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current — — $294k $304k $593k
Accounts Payable, Current — $6.6m $5.8m $7.7m $6.7m
Operating Lease, Liability, Noncurrent — — $172k $1.3m $1.2m
Current Deferred Revenue — $2.8m $1.3m $3.2m $4.1m
Payables And Accrued Expenses — $10.0m $10.5m $13.4m $12.2m
Liabilities, Current — — $30.7m $26.2m $23.5m
Total current liabilities — — $30.7m $26.2m $23.5m
Other Liabilities, Noncurrent — — $80k $167k $89k
Long Term Debt And Capital Lease Obligation — $290k $172k $1.3m $1.2m
Deferred Tax Liabilities, Net — — $95k $288k $301k
Liabilities — — $31.0m $27.6m $24.8m
Total liabilities — $57.2m $31.0m $27.6m $24.8m
Stockholders’ equity:
Preferred Stock, Value, Issued — — $2.0m — —
Common Stock, Value, Issued — — $8k — —
Retained Earnings (Accumulated Deficit) — ($30.8m) ($40.4m) ($52.4m) ($84.9m)
Accumulated Other Comprehensive Income (Loss), Net of Tax — — $1.8m $2.0m $1.9m
Additional Paid in Capital, Common Stock — — $6.6m $79.9m $100.8m
Common stock value — $0 $8k $24k $29k
Accumulated other comprehensive income — — $1.8m $2.0m $1.9m
Accumulated deficit — — ($40.4m) ($52.4m) ($84.9m)
Capital Stock — $2.0m $2.0m $24k $29k
Gains Losses Not Affecting Retained Earnings — $781k $1.8m $2.0m $1.9m
Preferred Stock $2.0m $2.0m $2.0m $0 —
Preferred Stock Equity $2.0m $2.0m $2.0m — —
Stockholders' Equity Attributable to Parent — — ($30.0m) $29.5m $17.9m
Total Equity Gross Minority Interest — ($28.0m) ($30.0m) $29.5m $17.9m
Total Non Current Liabilities Net Minority Interest — $39.2m $40.3m $1.4m $1.3m
Liabilities and Equity — — $41.0m $57.1m $42.7m
Total liabilities and shareholders' equity — — $41.0m $57.1m $42.7m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.