REED NEXT INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$2,950,282
Property, Plant, & Equipment (net)
55%
Receivables (Non-Related)
20%
Other Assets
18%
Cash & Equivalents
5%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,912,365
Notes Payable / Debt (Non-Related)
63%
Grants Payable
16%
Other Liabilities
11%
Payables & Accruals
9%
Deferred Revenue
<1%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$298,757
$159,725
-47%
Receivables (Non-Related)
$427,705
$603,478
+41%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$39,534
$30,887
-22%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$902,913
$1,612,918
+79%
Other Assets
$556,725
$543,274
-2%
Total Assets
$2,225,634
$2,950,282
+33%
Liabilities
2023
2024
Change
Payables & Accruals
$176,883
$175,184
-1%
Grants Payable
$213,299
$300,046
+41%
Deferred Revenue
$8,586
$8,678
+1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$751,958
$1,213,063
+61%
Related-Party Payables
-
-
-
Other Liabilities
$289,754
$215,394
-26%
Total Liabilities
$1,440,480
$1,912,365
+33%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$785,154
$1,037,917
+32%
Net assets
2023
2024
Change
Net assets
+$785,154
+$1,037,917
+32%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)