Cardinal Infrastructure Group Inc.
For the period ended Mar 31, 2026. Filed May 13, 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 May 13, 2026
CDNL$14.60-4.1%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 Changes in Stockholders' Equity
Condensed Consolidated Statements of Changes in Stockholders'/Members' Equity (Unaudited)
Three Months Ended March 31, 2026 and 2025
| Class A CommonStock · Class B CommonStock | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Members' Equity · Shares · Amount · Shares · Amount · AdditionalPaid-inCapital · RetainedEarnings · Accumulated Other Comprehensive Loss · NoncontrollingInterests · TotalStockholders'Equity | |||||||||||||||||||
| Balance, December 31, 2024 | $11,757,715 | — | $— | — | $— | $— | $— | $— | $11,596,261 | $23,353,976 | |||||||||
| Net income | 5,476,981 | 1,164,764 | 6,641,745 | ||||||||||||||||
| Member distributions | (2,640,321) | (157,615) | (2,797,936) | ||||||||||||||||
| Rollover equity issued in business combinations | — | 2,800,000 | 2,800,000 | ||||||||||||||||
| Balance, March 31, 2025 | $14,594,375 | — | $— | — | $— | $— | $— | $— | $15,403,410 | $29,997,785 | |||||||||
| Balance, December 31, 2025 | $— | 14,947,318 | $1,495 | 23,387,813 | $2,339 | $57,593,814 | $863,593 | $— | $81,076,582 | $139,537,823 | |||||||||
| Net income | — | — | — | — | — | 3,418,438 | — | 8,062,598 | 11,481,036 | ||||||||||
| Unrealized cash flow hedge losses, net of tax benefit of $45,795 | — | — | — | — | — | — | (158,259) | (367,918) | (526,177) | ||||||||||
| Realized cash flow hedge losses reclassified to net income | — | — | — | — | — | — | 6,355 | 11,458 | 17,813 | ||||||||||
| Restricted stock awards, net | — | — | — | — | 191,852 | — | — | — | 191,852 | ||||||||||
| Class A stock awards issued in consideration for ALGC Acquisition | 345,666 | 35 | — | — | 8,489,522 | — | — | — | 8,489,557 | ||||||||||
| Class B equity issued in consideration for ALGC Acquisition | — | — | 4,186,062 | 418 | — | — | — | 102,809,264 | 102,809,682 | ||||||||||
| Balance, March 31, 2026 | $— | 15,292,984 | $1,530 | 27,573,875 | $2,757 | $66,275,188 | $4,282,031 | $(151,904) | $191,591,984 | $262,001,586 | |||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.