Elmet Group Co.
For the period ended Apr 3, 2026. Filed May 29, 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 29, 2026
ELMT$19.38-11.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS
(in thousands, except share data)
| April 3, 2026 | December 31, 2025 | |
|---|---|---|
| Assets | ||
| Current Assets: | ||
| Cash | $1,825 | $1,759 |
| Marketable securities | 838 | 202 |
| Accounts receivable, net | 29,127 | 28,904 |
| Government grant receivables | — | 1,690 |
| Related party receivables | 178 | 426 |
| Unbilled revenue | 3,610 | 2,621 |
| Inventories, net | 75,032 | 69,697 |
| Income tax receivable | 74 | — |
| Derivative asset | 3,095 | — |
| Prepaid expenses and other current assets | 6,462 | 4,774 |
| Total current assets | 120,241 | 110,073 |
| Property, plant and equipment, net | 44,185 | 42,342 |
| Operating lease right-of-use assets | 10,448 | 10,586 |
| Intangible assets, net | 6,870 | 7,184 |
| Goodwill | 4,547 | 4,583 |
| Deferred tax assets, net | 84 | — |
| Other assets | 872 | 878 |
| Total assets | $187,247 | $175,646 |
| Liabilities and Stockholders’ Equity | ||
| Current Liabilities: | ||
| Accounts payable | $17,679 | $16,165 |
| Accrued expenses and other current liabilities | 13,765 | 13,659 |
| Operating lease liabilities, current portion | 898 | 875 |
| Current portion of long-term debt – related party | 2,396 | 2,319 |
| Current portion of long-term debt | 6,229 | 7,755 |
| Deferred government grants | 4,166 | 4,672 |
| Deferred revenue | 23,494 | 14,853 |
| Total current liabilities | 68,627 | 60,298 |
| Operating lease liabilities, net of current portion | 10,022 | 10,247 |
| Long-term debt, net of current portion | 26,768 | 28,455 |
| Long-term debt, net of current portion – related party | 15,000 | 15,000 |
| Deferred tax liabilities, net | 4,820 | — |
| Other liabilities | 1,000 | 1,189 |
| Total liabilities | 126,237 | 115,189 |
| Commitments and Contingencies (Note 18) | ||
| Stockholders’ Equity: | ||
| Preferred Stock - $0.001 par value; 20,000,000 shares authorized, no shares issued and outstanding as of April 3, 2026 and December 31, 2025 | — | — |
| Class A Common Stock – $0.001 par value; 500,000,000 shares authorized, 20,122,721 shares issued and outstanding as of April 3, 2026 and December 31, 2025 | 20 | 20 |
| Class B Common Stock – $0.001 par value; 40,000,000 shares authorized, 466 shares issued and outstanding as of April 3, 2026 and December 31, 2025 | — | — |
| Additional paid-in capital | 16,011 | 15,366 |
| Retained earnings | 44,995 | 44,791 |
| Accumulated other comprehensive (loss) income | (16) | 280 |
| Total stockholders’ equity | 61,010 | 60,457 |
| Total liabilities and stockholders’ equity | $187,247 | $175,646 |
The accompanying notes are integral to the unaudited 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.