Shimmick Corp
For the period ended Apr 3, 2026. Filed May 15, 2026.
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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.
Apr 3, 2026 · Filed May 15, 2026
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)
| April 3, | January 2, | |
|---|---|---|
| 2026 | 2026 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $14,959 | $19,969 |
| Restricted cash | 1,650 | 1,890 |
| Accounts receivable, net | 23,940 | 30,179 |
| Contract assets, current | 106,164 | 110,276 |
| Prepaids and other current assets | 12,774 | 13,067 |
| TOTAL CURRENT ASSETS | 159,487 | 175,381 |
| Property, plant and equipment, net | 9,035 | 10,571 |
| Intangible assets, net | 3,447 | 4,091 |
| Lease right-of-use assets | 17,070 | 16,466 |
| Investment in unconsolidated joint ventures | 12,852 | 11,866 |
| Other assets | 375 | 388 |
| TOTAL ASSETS | $202,266 | $218,763 |
| LIABILITIES AND STOCKHOLDERS' DEFICIT | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $65,274 | $69,542 |
| Contract liabilities, current | 35,744 | 53,760 |
| Accrued expenses | 39,673 | 34,172 |
| Current portion of long-term debt, net | 2,706 | 4,143 |
| Other current liabilities | 34,387 | 34,499 |
| TOTAL CURRENT LIABILITIES | 177,784 | 196,116 |
| Long-term debt, less current portion, net | 65,972 | 60,316 |
| Lease liabilities, non-current | 11,629 | 11,913 |
| Contract liabilities, non-current | 469 | 453 |
| Contingent consideration | 5,254 | 5,203 |
| Other liabilities | 1,643 | 1,402 |
| TOTAL LIABILITIES | 262,751 | 275,403 |
| Commitments and Contingencies (Note 11) | ||
| STOCKHOLDERS' DEFICIT | ||
| Common stock, $0.01 par value, 100,000,000 shares authorized as of April 3, 2026 and January 2, 2026; 36,096,072 and 36,035,559 shares issued and outstanding as of April 3, 2026 and January 2, 2026, respectively | 361 | 360 |
| Additional paid-in-capital | 47,501 | 46,795 |
| Retained deficit | (108,347) | (103,795) |
| Non-controlling interests | — | — |
| TOTAL STOCKHOLDERS' DEFICIT | (60,485) | (56,640) |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $202,266 | $218,763 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.