Shimmick Corp
For the period ended Oct 3, 2025. Filed Nov 13, 2025.
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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.
Oct 3, 2025 · Filed Nov 13, 2025
SHIM$2.33+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except share data)
| October 3, | January 3, | |
|---|---|---|
| 2025 | 2025 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $17,597 | $33,730 |
| Restricted cash | 1,328 | 2,065 |
| Accounts receivable, net | 41,785 | 42,988 |
| Contract assets, current | 87,585 | 46,603 |
| Prepaids and other current assets | 14,026 | 15,614 |
| TOTAL CURRENT ASSETS | 162,321 | 141,000 |
| Property, plant and equipment, net | 12,498 | 19,132 |
| Intangible assets, net | 4,735 | 6,667 |
| Contract assets, non-current | 6,965 | 23,517 |
| Lease right-of-use assets | 18,253 | 24,232 |
| Investment in unconsolidated joint ventures | 13,320 | 19,016 |
| Other assets | 397 | 300 |
| TOTAL ASSETS | $218,489 | $233,864 |
| LIABILITIES AND STOCKHOLDERS' DEFICIT | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $72,331 | $46,475 |
| Contract liabilities, current | 47,358 | 102,524 |
| Accrued salaries, wages and benefits | 26,970 | 28,950 |
| Accrued expenses | 35,534 | 38,556 |
| Short-term debt, net | 3,446 | — |
| Other current liabilities | 9,022 | 13,759 |
| TOTAL CURRENT LIABILITIES | 194,661 | 230,264 |
| Long-term debt, net | 54,050 | 9,478 |
| Lease liabilities, non-current | 12,880 | 15,987 |
| Contract liabilities, non-current | 257 | 113 |
| Contingent consideration | 5,083 | 4,686 |
| Other liabilities | 4,214 | 8,010 |
| TOTAL LIABILITIES | 271,145 | 268,538 |
| Commitments and Contingencies (Note 11) | ||
| STOCKHOLDERS' DEFICIT | ||
| Common stock, $0.01 par value, 100,000,000 shares authorized as of October 3, 2025 and January 3, 2025; 35,798,389 and 34,271,214 shares issued and outstanding as of October 3, 2025 and January 3, 2025, respectively | 358 | 343 |
| Additional paid-in-capital | 47,888 | 43,353 |
| Retained deficit | (100,902) | (78,211) |
| Non-controlling interests | — | (159) |
| TOTAL STOCKHOLDERS' DEFICIT | (52,656) | (34,674) |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $218,489 | $233,864 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.