Stabilis Solutions Inc
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
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FY2023 · Filed Mar 7, 2024
SLNG$3.65+2.0%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
(in thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $5,374 | $11,451 |
| Accounts receivable, net | 7,752 | 16,326 |
| Inventories, net | 169 | 205 |
| Prepaid expenses and other current assets | 1,677 | 2,186 |
| Assets held for sale | — | 2,049 |
| Total current assets | 14,972 | 32,217 |
| Property, plant and equipment: | ||
| Cost | 110,646 | 103,368 |
| Less accumulated depreciation | (61,167) | (55,699) |
| Property, plant and equipment, net | 49,479 | 47,669 |
| Goodwill | 4,314 | 4,314 |
| Investments in foreign joint ventures | 12,009 | 11,606 |
| Right-of-use assets and other noncurrent assets | 525 | 774 |
| Total assets | $81,299 | $96,580 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $1,518 | $4,474 |
| Accrued liabilities | 8,355 | 19,642 |
| Current portion of long-term notes payable | 1,682 | 848 |
| Current portion of long-term notes payable - related parties | — | 2,435 |
| Current portion of finance and operating lease obligations | 164 | 133 |
| Total current liabilities | 11,719 | 27,532 |
| Long-term notes payable, net of current portion and debt issuance costs | 7,747 | 8,650 |
| Long-term portion of finance and operating lease obligations | 21 | 183 |
| Other noncurrent liabilities | — | 348 |
| Total liabilities | 19,487 | 36,713 |
| Commitments and contingencies (Note 14) | ||
| Stockholders’ Equity: | ||
| Preferred stock; $0.001 par value, 1,000,000 shares authorized, no shares issued and outstanding at December 31, 2023 and December 31, 2022 | — | — |
| Common stock; $0.001 par value, 37,500,000 shares authorized, 18,573,391 and 18,420,067 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 19 | 19 |
| Additional paid-in capital | 102,057 | 100,137 |
| Accumulated other comprehensive income (loss) | (18) | 82 |
| Accumulated deficit | (40,246) | (40,371) |
| Total stockholders' equity | 61,812 | 59,867 |
| Total liabilities and stockholders' equity | $81,299 | $96,580 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.