GMR Solutions Inc.
For the period ended Mar 31, 2026. Filed Jun 2, 2026.
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.
Mar 31, 2026 · Filed Jun 2, 2026
GMRS$10.99-2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Mezzanine Equity and Stockholders’ Equity
(Amounts in thousands, except share amounts, unaudited)
| | | | | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · · · · · · · · · · · · Accumulated · · · · · Redeemable | ||||||||||||||||||||||
| · · · · · · · Additional · · · · · Other · · · Total · · Preferred | ||||||||||||||||||||||
| · · Common Stock · · Paid-in · · Retained · · Comprehensive · · Stockholders' · · Stock | ||||||||||||||||||||||
| · · Shares · · Amount · · Capital · · Earnings · · Income (Loss) · · Equity · · Shares · · Amount | ||||||||||||||||||||||
| Balance at December 31, 2024 | | 21,675,837 | | $2 | | $648,761 | | $(465,719) | | $4,951 | | $187,995 | | 962,632 | | $777,388 | ||||||
| Stock-based compensation expense | | — | | | — | | | 520 | | | — | | | — | | | 520 | | — | | | — |
| Issuance of shares under stock award plan, net of shares withheld for cash taxes paid | | 148,750 | | | — | | | 498 | | | — | | | — | | | 498 | | — | | | — |
| Net income (loss) | | — | | | — | | | — | | | 38,024 | | | — | | | 38,024 | | — | | | — |
| Other comprehensive income (loss), net of tax benefit (expense) of ($0.1) million | | — | | | — | | | — | | | — | | | 364 | | | 364 | | — | | | — |
| Balance at March 31, 2025 | | 21,824,587 | | $2 | | $649,779 | | $(427,695) | | $5,315 | | $227,401 | | 962,632 | | $777,388 | ||||||
| | | | | | | | | | | | | | | | | | | | | | | |
| Balance at December 31, 2025 | | 22,096,835 | | $2 | | $456,466 | | $(259,492) | | $7,179 | | $204,155 | | 551,212 | | $445,140 | ||||||
| Redemption of redeemable preferred stock | | — | | | — | | | (97,323) | | | — | | | — | | | (97,323) | | (189,050) | | | (152,671) |
| Stock-based compensation expense | | — | | | — | | | (91) | | | — | | | — | | | (91) | | — | | | — |
| Net income (loss) | | — | | | — | | | — | | | 106,336 | | | — | | | 106,336 | | — | | | — |
| Other comprehensive income (loss), net of tax benefit (expense) of $0.1 million | | — | | | — | | | — | | | — | | | (408) | | | (408) | | — | | | — |
| Balance at March 31, 2026 | | 22,096,835 | | $2 | | $359,052 | | $(153,156) | | $6,771 | | $212,669 | | 362,162 | | $292,469 | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.