Stabilis Solutions Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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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.
Sep 30, 2024 · Filed Nov 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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Condensed Consolidated Balance Sheets
(Unaudited, in thousands, except share and per share data)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $12,393 | $5,374 |
| Accounts receivable, net | 5,766 | 7,752 |
| Inventories, net | 218 | 169 |
| Prepaid expenses and other current assets | 2,072 | 1,677 |
| Total current assets | 20,449 | 14,972 |
| Property, plant and equipment: | ||
| Cost | 116,137 | 110,646 |
| Less accumulated depreciation | (63,727) | (61,167) |
| Property, plant and equipment, net | 52,410 | 49,479 |
| Goodwill | 4,314 | 4,314 |
| Investments in foreign joint ventures | 11,557 | 12,009 |
| Right-of-use assets and other noncurrent assets | 620 | 525 |
| Total assets | $89,350 | $81,299 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $10,260 | $5,707 |
| Accrued liabilities | 3,916 | 4,166 |
| Current portion of long-term notes payable | 2,150 | 1,682 |
| Current portion of finance and operating lease obligations | 204 | 164 |
| Total current liabilities | 16,530 | 11,719 |
| Long-term notes payable, net of current portion and debt issuance costs | 7,111 | 7,747 |
| Long-term portion of finance and operating lease obligations | 354 | 21 |
| Total liabilities | 23,995 | 19,487 |
| Commitments and contingencies (Note 10) | ||
| Stockholders’ Equity: | ||
| Preferred stock; $0.001 par value, 1,000,000 shares authorized, no shares issued and outstanding at September 30, 2024 and December 31, 2023 | — | — |
| Common stock; $0.001 par value, 37,500,000 shares authorized, 18,585,014 and 18,573,391 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | 19 | 19 |
| Additional paid-in capital | 103,132 | 102,057 |
| Accumulated other comprehensive loss | (43) | (18) |
| Accumulated deficit | (37,753) | (40,246) |
| Total stockholders’ equity | 65,355 | 61,812 |
| Total liabilities and stockholders’ equity | $89,350 | $81,299 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.