POSSIBILITY LABS
POSSIBILITY LABS
POSSIBILITY LABS
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$45,927,669
Cash & Equivalents
73%
Receivables (Non-Related)
27%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$11,703,659
Other Liabilities
86%
Payables & Accruals
14%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$20,654,284
$33,632,990
+63%
Receivables (Non-Related)
$935,282
$12,209,092
+1205%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$25,583
$85,587
+235%
Total Assets
$21,615,149
$45,927,669
+112%
Liabilities
2023
2024
Change
Payables & Accruals
$3,935,045
$1,603,659
-59%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$479,746
$10,100,000
+2005%
Total Liabilities
$4,414,791
$11,703,659
+165%
Net assets
2023
2024
Change
Restricted Net Assets
$14,728,080
$29,640,833
+101%
Unrestricted Net Assets
$2,472,278
$4,583,177
+85%
Net assets
2023
2024
Change
Net assets
+$17,200,358
+$34,224,010
+99%
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