Capstone Holding Corp.
For the period ended Dec 31, 2025. Filed Apr 16, 2026.
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FY2025 · Filed Apr 16, 2026
CAPS$2.09-0.5%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
Balance Sheets as of December 31, 2025 and 2024
(in thousands, except share and per share data)
| December 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current Assets: | ||
| Cash | $727 | $11 |
| Accounts receivable, net | 4,864 | 2,762 |
| Inventories | 17,062 | 9,635 |
| Prepaid expenses | 231 | 150 |
| Other current assets | 118 | 242 |
| Total current assets | 23,002 | 12,800 |
| Long-term Assets: | ||
| Property and equipment, net | 2,085 | 1,594 |
| Goodwill | 18,460 | 23,286 |
| Other intangible assets | 1,841 | 48 |
| Right of use assets | 5,397 | 2,068 |
| Deferred tax asset | — | 7,178 |
| Other long-term assets | 593 | 247 |
| Total long-term assets | 28,376 | 34,421 |
| Total Assets | $51,378 | $47,221 |
| LIABILITIES & EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $4,958 | $3,304 |
| Accrued expenses | 874 | 394 |
| Management fee payable, related party | 695 | — |
| Line of credit | 10,313 | 6,259 |
| Current portion of long-term debt | 3,707 | 1,855 |
| Current portion, lease liability | 1,655 | 738 |
| Deferred tax liability | 20 | — |
| Derivative liability | 702 | — |
| Total current liabilities | 22,924 | 12,550 |
| Long-term liabilities: | ||
| Accrued related party management fee | 454 | 351 |
| Accrued Series Z preferred stock dividends | 39 | — |
| Series Z preferred stock | 1,937 | — |
| Long term debt, net of current portion | 9,344 | 6,323 |
| Lease liability, net of current portion | 3,833 | 1,437 |
| Earn-out payable | 352 | — |
| Other long-term liabilities | 42 | — |
| Total long-term liabilities | 16,001 | 8,111 |
| Total Liabilities | $38,925 | $20,661 |
| TotalStone, LLC – Class B Preferred Units | — | 28,475 |
| TotalStone, LLC – Special Preferred Units | — | 1,143 |
| Equity: | ||
| Series B Preferred Stock, no par value; 2,000,000 shares authorized; 985,063 issued as of December 31, 2025. No shares were authorized or issued as of December 31, 2024. | 30 | — |
| Common Stock $0.0005 par value; 50,000,000 and 200,000 shares authorized; 8,772,872 and 157,610 issued as of December 31, 2025 and December 31, 2024 | 4 | — |
| Additional paid-in capital | 230,457 | 193,044 |
| Accumulated deficit | (218,037) | (196,102) |
| Accumulated other comprehensive loss | (1) | — |
| Total Equity | 12,453 | (3,058) |
| Total Liabilities, TotalStone, LLC. Preferred Units & Equity | $51,378 | $47,221 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.