Stabilis Solutions, Inc.
For the period ended Mar 31, 2025. Filed May 7, 2025.
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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.
Mar 31, 2025 · Filed May 7, 2025
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)
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $9,003 | $8,987 |
| Accounts receivable, net | 4,692 | 6,239 |
| Inventories, net | 228 | 345 |
| Prepaid expenses and other current assets | 1,510 | 1,902 |
| Total current assets | 15,433 | 17,473 |
| Property, plant and equipment: | ||
| Cost | 117,456 | 117,246 |
| Less accumulated depreciation | (67,167) | (65,518) |
| Property, plant and equipment, net | 50,289 | 51,728 |
| Goodwill | 4,314 | 4,314 |
| Investments in foreign joint ventures | 12,140 | 11,659 |
| Right-of-use assets and other noncurrent assets | 884 | 410 |
| Total assets | $83,060 | $85,584 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $4,747 | $5,667 |
| Accrued liabilities | 3,299 | 3,566 |
| Current portion of long-term notes payable | 1,655 | 2,010 |
| Current portion of finance and operating lease obligations | 655 | 384 |
| Total current liabilities | 10,356 | 11,627 |
| Long-term notes payable, net of current portion and debt issuance costs | 6,620 | 6,848 |
| Long-term portion of operating lease obligations | 173 | 101 |
| Total liabilities | 17,149 | 18,576 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity: | ||
| Preferred stock; $0.001 par value, 1,000,000 shares authorized, no shares issued and outstanding at March 31, 2025 and December 31, 2024 | — | — |
| Common stock; $0.001 par value, 37,500,000 shares authorized, 18,596,301 and 18,585,014 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively | 19 | 19 |
| Additional paid-in capital | 103,644 | 103,214 |
| Accumulated other comprehensive loss | (507) | (578) |
| Accumulated deficit | (37,245) | (35,647) |
| Total stockholders’ equity | 65,911 | 67,008 |
| Total liabilities and stockholders’ equity | $83,060 | $85,584 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.