FreightCar America, Inc.
For the period ended Jun 30, 2025. Filed Aug 4, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 4, 2025
RAIL$4.24+2.2%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Balance Sheets (Unaudited) as ofJune 30, 2025 and December 31, 2024
| June 30,2025 | December 31,2024 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash, cash equivalents and restricted cash equivalents | $61,353 | $44,450 |
| Accounts receivable, net of allowance for credit losses of $131 and $47, respectively | 16,204 | 12,506 |
| VAT receivable | 6,243 | 3,851 |
| Inventories, net | 107,102 | 75,281 |
| Assets held for sale | — | 629 |
| Prepaid expenses and other current assets | 13,122 | 8,314 |
| Total current assets | 204,024 | 145,031 |
| Property, plant and equipment, net | 28,254 | 30,107 |
| Right of use asset operating lease | 2,200 | 2,423 |
| Right of use asset finance lease | 38,675 | 45,081 |
| Deferred income taxes | 53,671 | 1,024 |
| Other long-term assets | 1,269 | 550 |
| Total assets | $328,093 | $224,216 |
| Liabilities and Stockholders’ Deficit | ||
| Current liabilities | ||
| Accounts and contractual payables | $89,404 | $49,574 |
| Accrued payroll and other employee costs | 5,955 | 6,286 |
| Accrued warranty | 1,665 | 2,389 |
| Customer deposits | 17,611 | — |
| Deferred revenue | — | 8,556 |
| Current portion of long-term debt | 2,875 | 2,875 |
| Lease liability finance lease, current | 834 | 1,256 |
| Other current liabilities | 11,411 | 9,889 |
| Total current liabilities | 129,755 | 80,825 |
| Long-term debt, net of current portion | 104,991 | 105,540 |
| Warrant liability | 131,061 | 136,319 |
| Accrued pension costs | 1,203 | 1,073 |
| Lease liability operating lease, long-term | 2,364 | 2,645 |
| Lease liability finance lease, long-term | 41,233 | 46,678 |
| Other long-term liabilities | 948 | 1,409 |
| Total liabilities | 411,555 | 374,489 |
| Stockholders’ deficit | ||
| Preferred stock, $0.01 par value, 2,500,000 shares authorized (100,000 shares each designated as Series A voting and Series B non-voting, 0 shares issued and outstanding as of June 30, 2025 and December 31, 2024) | — | — |
| Common stock, $0.01 par value, 50,000,000 shares authorized, 19,127,412 and 18,960,608 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively | 222 | 221 |
| Additional paid-in capital | 71,572 | 69,404 |
| Accumulated other comprehensive income | 3,236 | 721 |
| Accumulated deficit | (158,492) | (220,619) |
| Total stockholders’ deficit | (83,462) | (150,273) |
| Total liabilities and stockholders’ deficit | $328,093 | $224,216 |
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