Vistance Networks, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
VISN$4.12-25.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| Vistance Networks, Inc. | ||
|---|---|---|
| Consolidated Balance Sheets | ||
| (In millions, except share amounts) | ||
| December 31, | ||
| 2025 | 2024 | |
| Assets | ||
| Cash and cash equivalents | $754.4 | $404.1 |
| Accounts receivable, net of allowance for doubtful accounts of $1.6 and $1.6, respectively | 350.4 | 252.2 |
| Inventories, net | 310.4 | 403.0 |
| Prepaid expenses and other current assets | 56.5 | 89.4 |
| Current assets held for sale | 4,324.5 | 2,335.8 |
| Total current assets | 5,796.2 | 3,484.5 |
| Property, plant and equipment, net of accumulated depreciation of $174.5 and $255.8, respectively | 58.6 | 82.2 |
| Goodwill | 764.6 | 759.6 |
| Other intangible assets, net | 839.1 | 979.3 |
| Deferred income taxes | 1,765.9 | 431.5 |
| Other noncurrent assets | 146.6 | 150.1 |
| Noncurrent assets held for sale | — | 2,860.3 |
| Total assets | $9,371.0 | $8,747.5 |
| Liabilities and Stockholders' Deficit | ||
| Accounts payable | $213.3 | $123.4 |
| Accrued and other liabilities | 498.3 | 457.0 |
| Current liabilities held for sale | 783.9 | 649.3 |
| Total current liabilities | 1,495.5 | 1,229.7 |
| Long-term debt | 7,260.2 | 9,238.4 |
| Deferred income taxes | 67.2 | 90.9 |
| Other noncurrent liabilities | 273.5 | 321.1 |
| Noncurrent liabilities held for sale | — | 96.2 |
| Total liabilities | 9,096.4 | 10,976.3 |
| Commitments and contingencies | ||
| Series A convertible preferred stock, $0.01 par value | 1,278.7 | 1,227.3 |
| Stockholders' deficit: | ||
| Preferred stock, $0.01 par value: Authorized shares: 200,000,000; | ||
| Issued and outstanding shares: 1,278,653 and 1,227,328, respectively,Series A convertible preferred stock | — | — |
| Common stock, $0.01 par value: Authorized shares: 1,300,000,000; Issued and outstanding shares: 223,260,316 and 215,887,001, respectively | 2.4 | 2.3 |
| Additional paid-in capital | 2,487.9 | 2,514.2 |
| Accumulated deficit | (3,040.8) | (5,324.5) |
| Accumulated other comprehensive loss | (118.7) | (344.5) |
| Treasury stock, at cost: 18,665,426 shares and 15,647,303 shares, respectively | (334.9) | (303.6) |
| Total stockholders' deficit | (1,004.1) | (3,456.1) |
| Total liabilities and stockholders' deficit | $9,371.0 | $8,747.5 |
See notes to consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.