Proficient Auto Logistics, Inc
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 31, 2026
PAL$3.23-4.4%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
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)
Successor
| Common Stock · Additional Paid in · Accumulated · Total | |||||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Equity | |
| Balance, December 31, 2023 | 2,939,130 | $29,391 | $932,609 | $(572,829) | $389,171 |
| Issuance of shares through IPO | 15,768,333 | 157,683 | 212,134,166 | — | 212,291,849 |
| Issuance of shares for business combinations | 7,957,474 | 79,575 | 123,784,522 | — | 123,864,097 |
| Other | — | — | 1,026,532 | — | 1,026,532 |
| Issuance of restricted shares | 404,177 | — | — | — | — |
| Stock-based compensation | — | 4,042 | 8,879,100 | — | 8,883,142 |
| Net loss | — | — | — | (8,475,268) | (8,475,268) |
| Balance, December 31, 2024 | 27,069,114 | $270,691 | $346,756,929 | $(9,048,097) | $337,979,523 |
| Issuance of shares for business combinations | 395,322 | 3,953 | 3,810,911 | — | 3,814,864 |
| Other | — | — | 88,334 | — | 88,334 |
| Issuance of restricted shares | 370,363 | — | — | — | — |
| Stock-based compensation | — | 3,703 | 5,523,613 | — | 5,527,316 |
| Net loss | — | — | — | (36,019,566) | (36,019,566) |
| Balance, December 31, 2025 | 27,834,799 | $278,347 | $356,179,787 | $(45,067,663) | $311,390,471 |
Predecessor
| Common stock · Retained · Total | ||||
|---|---|---|---|---|
| Shares | Amount | earnings | Equity | |
| Balance, December 31, 2022 | 392,825 | $3,928 | $1,540,202 | $1,544,130 |
| Accrued and unpaid dividends on Series A preferred stock | — | — | (947,580) | (947,580) |
| Net income | — | — | 7,156,170 | 7,156,170 |
| Balance, December 31, 2023 | 392,825 | $3,928 | $7,748,792 | $7,752,720 |
| Accrued and unpaid dividends on Series A preferred stock | — | — | (260,526) | (260,526) |
| Net loss | — | — | (15,384,676) | (15,384,676) |
| Balance, May 12, 2024 | 392,825 | $3,928 | $(7,896,410) | $(7,892,482) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.