MANNATECH INC
For the period ended Sep 30, 2025. Filed Nov 12, 2025.
View on SEC.govAbout this filing
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, 2025 · Filed Nov 12, 2025
MTEX$8.56-4.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets (unaudited)
(in thousands, except share and per share amounts)
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $7,141 | $11,396 |
| Restricted cash | 550 | 550 |
| Accounts receivable, net of allowance of $783 and $935 | 38 | 19 |
| Income tax receivable | 732 | 737 |
| Inventories, net | 11,128 | 10,405 |
| Prepaid expenses and other current assets | 1,587 | 1,755 |
| Deferred commissions | 909 | 1,259 |
| Total current assets | 22,085 | 26,121 |
| Property and equipment, net | 3,232 | 2,858 |
| Operating lease right-of-use assets | 3,753 | 2,094 |
| Other assets | 2,828 | 2,644 |
| Deferred tax assets, net | 1,783 | 1,770 |
| Long-term restricted cash | 239 | 569 |
| Total assets | $33,920 | $36,056 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Commissions and incentives payable | $6,407 | $8,642 |
| Accrued expenses | 3,281 | 3,832 |
| Deferred revenue | 2,290 | 3,027 |
| Accounts payable | 4,005 | 2,070 |
| Current portion of operating lease liabilities | 1,745 | 1,178 |
| Taxes payable | 1,487 | 1,788 |
| Current notes payable | — | 84 |
| Current portion of finance lease liabilities | 288 | 275 |
| Total current liabilities | 19,503 | 20,896 |
| Long-term notes payable | 2,900 | 2,900 |
| Operating lease liabilities, excluding current portion | 2,702 | 1,576 |
| Other long-term liabilities | 1,402 | 1,390 |
| Finance lease liabilities, excluding current portion | 463 | 680 |
| Total liabilities | 26,970 | 27,442 |
| Commitments and contingencies | ||
| Shareholders’ equity: | ||
| Preferred stock, $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding | — | — |
| Common stock, $0.0001 par value, 99,000,000 shares authorized, 2,742,857 shares issued and 1,900,930 shares outstanding as of September 30, 2025 and 2,742,857 shares issued and 1,884,814 shares outstanding as of December 31, 2024 | — | — |
| Additional paid-in capital | 33,000 | 33,027 |
| (Accumulated deficit) retained earnings | (2,729) | 1,189 |
| Accumulated other comprehensive loss | (3,759) | (5,666) |
| Treasury stock, at average cost, 841,927 shares as of September 30, 2025 and 858,043 shares as of December 31, 2024 | (19,562) | (19,936) |
| Total shareholders’ equity | 6,950 | 8,614 |
| Total liabilities and shareholders’ equity | $33,920 | $36,056 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.