BROADWIND, INC.
For the period ended Mar 31, 2025. Filed May 13, 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 13, 2025
BWEN$2.83+5.2%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
(in thousands, except share and per share data)
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash | $1,204 | $7,721 |
| Accounts receivable, net | 11,166 | 13,454 |
| AMP credit receivable | 2,566 | 2,533 |
| Contract assets | 926 | 836 |
| Inventories | 49,516 | 39,950 |
| Prepaid expenses and other current assets | 2,768 | 2,374 |
| Total current assets | 68,146 | 66,868 |
| LONG-TERM ASSETS: | ||
| Property and equipment, net | 45,023 | 45,572 |
| Operating lease right-of-use assets | 14,355 | 13,841 |
| Intangible assets, net | 1,237 | 1,403 |
| Other assets | 557 | 606 |
| TOTAL ASSETS | $129,318 | $128,290 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Line of credit and current maturities of long-term debt | $4,816 | $1,454 |
| Current portion of finance lease obligations | 2,257 | 2,266 |
| Current portion of operating lease obligations | 2,306 | 2,115 |
| Accounts payable | 22,967 | 16,080 |
| Accrued liabilities | 3,890 | 3,605 |
| Customer deposits | 8,876 | 18,037 |
| Total current liabilities | 45,112 | 43,557 |
| LONG-TERM LIABILITIES: | ||
| Long-term debt, net of current maturities | 7,375 | 7,742 |
| Long-term finance lease obligations, net of current portion | 3,423 | 3,777 |
| Long-term operating lease obligations, net of current portion | 14,094 | 13,799 |
| Other | 5 | 15 |
| Total long-term liabilities | 24,897 | 25,333 |
| COMMITMENTS AND CONTINGENCIES | ||
| STOCKHOLDERS’ EQUITY: | ||
| Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding | — | — |
| Common stock, $0.001 par value; 45,000,000 shares authorized; 22,902,433 and 22,593,589 shares issued as of March 31, 2025, and December 31, 2024, respectively | 23 | 23 |
| Treasury stock, at cost, 273,937 shares as of March 31, 2025 and December 31, 2024 | (1,842) | (1,842) |
| Additional paid-in capital | 401,843 | 401,564 |
| Accumulated deficit | (340,715) | (340,345) |
| Total stockholders’ equity | 59,309 | 59,400 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $129,318 | $128,290 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.