Track Group, Inc. (TRCK) Financial Statements (2026 and earlier)

Company Profile

Business Address 200 E. 5TH AVENUE SUITE 100
NAPERVILLE, IL 60563
State of Incorp. DE
Fiscal Year End September 30
Industry (SIC) 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
MRQ
9/30/2025
9/30/2024
9/30/2023
9/30/2022
9/30/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,5584,0983,5744,0575,3118,421
Cash and cash equivalent3,5584,0983,5744,0575,3118,421
Receivables6,1226,4564,4294,5376,2377,164
Inventory, net of allowances, customer advances and progress billings4794735821,2861,053305
Inventory4794735821,2861,053305
Disposal group, including discontinued operation   969   
Other current assets     284 
Other undisclosed current assets320353638610769999
Total current assets:10,47911,38110,19310,49113,65416,889
Noncurrent Assets
Operating lease, right-of-use asset671722315   
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization  667633116170202
Intangible asset, including goodwill, after accumulated amortization22,88822,25921,90122,00923,72228,954
Goodwill8,3608,3007,9417,8518,0618,520
Intangible asset, excluding goodwill, after accumulated amortization14,52813,95913,96014,15715,66120,434
Deferred income tax assets      101
Other noncurrent assets1,0161,0626602,4423,5104,309
Other undisclosed noncurrent assets4,6164,2133,9685,1873,6243,068
Total noncurrent assets:29,19128,92327,47729,75431,02736,635
TOTAL ASSETS:39,67140,30437,67040,24544,68153,523
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8,3198,5965,7225,3697,6857,172
Taxes payable✕✕✕✕✕371 
Employee-related liabilities✕✕✕✕✕1,412 
Accounts payable3,6993,7103,0822,7972,8592,822
Accrued liabilities4,6204,8872,6392,5723,0424,350
Debt    308457526
Disposal group, including discontinued operation   732   
Other undisclosed current liabilities     (1,783) 
Total current liabilities:8,3198,5966,4545,6776,3587,698
Noncurrent Liabilities
Long-term debt and lease obligation42,74142,72142,63942,80142,97943,452
Long-term debt, excluding current maturities42,74142,72142,63942,80142,97943,452
Liabilities, other than long-term debt4775291862593984
Other liabilities4775291862593984
Total noncurrent liabilities:43,21843,25042,82643,06143,37843,456
Total liabilities:51,53751,84649,27948,73749,73651,154
Equity
Equity, attributable to parent(11,867)(11,543)(11,609)(8,493)(5,055)2,369
Common stock111111
Additional paid in capital302,601302,601302,601302,597302,438302,251
Accumulated other comprehensive income (loss)1641,002(1,519)(1,481)(1,275)(1,054)
Accumulated deficit(314,632)(315,147)(312,692)(309,610)(306,219)(298,829)
Total equity:(11,867)(11,543)(11,609)(8,493)(5,055)2,369
TOTAL LIABILITIES AND EQUITY:39,67140,30437,67040,24544,68153,523

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
TTM
9/30/2025
9/30/2024
9/30/2023
9/30/2022
9/30/2021
Revenues35,66435,21536,88734,47636,96839,661
Operating lease, lease income30,29430,05531,32028,10729,86733,750
Cost of revenue(18,321)(17,716)(19,677)(19,179)(19,616)(18,554)
Cost of product and service sold(2,999)(2,957)(3,062)(3,263)(3,238)(2,402)
Gross profit:17,34317,50017,20915,29717,35321,107
Operating expenses(15,440)(16,255)(19,094)(16,841)(19,453)(16,393)
Operating income (loss):1,9031,244(1,884)(1,544)(2,100)4,714
Nonoperating expense(1,160)(3,024)(1,786)(1,220)(4,407)(554)
Gain (loss), foreign currency transaction, before tax1,233(689)115468(1,619)615
Other nonoperating income (expense)   (4) (960)1,001
Interest and debt expense(629)(2,338)(2,024)(1,960)6331,001
Other undisclosed loss from continuing operations before equity method investments, income taxes(2,338)     
Income (loss) from continuing operations before equity method investments, income taxes:(2,224)(4,118)(5,695)(4,724)(5,873)5,160
Other undisclosed income (loss) from continuing operations before income taxes2,9672,3382,0241,960(633)(1,001)
Income (loss) from continuing operations before income taxes:742(1,780)(3,671)(2,764)(6,507)4,160
Income tax expense (benefit)(101)(104)589(628)(883)(717)
Income (loss) from continuing operations:642(1,884)(3,081)(3,392)(7,390)3,442
Income (loss) before gain (loss) on sale of properties:✕✕✕✕✕(7,390)3,442
Net income (loss) available to common stockholders, diluted:642(1,884)(3,081)(3,392)(7,390)3,442

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
TTM
9/30/2025
9/30/2024
9/30/2023
9/30/2022
9/30/2021
Net income (loss):642(1,884)(3,081)(3,392)(7,390)3,442
Comprehensive income (loss):642(1,884)(3,081)(3,392)(7,390)3,442
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1,051)2,522(38)(206)(220)(133)
Comprehensive income (loss), net of tax, attributable to parent:(409)638(3,120)(3,598)(7,611)3,309

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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