PIONEER POWER SOLUTIONS, INC.
For the period ended Dec 31, 2025. Filed Apr 8, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Apr 8, 2026
PPSI$2.26-0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except for share amounts)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets | ||
| Cash | $14,959 | $41,622 |
| Accounts receivable, net of allowance for credit losses of $23 and $13 as of December 31, 2025, and 2024, respectively | 3,133 | 7,826 |
| Inventories | 6,315 | 6,068 |
| Prepaid expenses and other current assets | 1,134 | 1,141 |
| Total current assets | 25,541 | 56,657 |
| Property and equipment, net | 5,400 | 6,503 |
| Operating lease right-of-use assets, net | 1,144 | 530 |
| Financing lease right-of-use assets, net | 332 | 221 |
| Investments | 418 | 2,000 |
| Lease receivable | 2,576 | - |
| Other assets | 44 | 40 |
| Total assets | $35,455 | $65,951 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Accounts payable and accrued liabilities | $3,745 | $4,543 |
| Current portion of operating lease liabilities, net | 223 | 244 |
| Current portion of financing lease liabilities, net | 123 | 109 |
| Deferred revenue | 791 | 991 |
| Consideration due to buyer | - | 3,347 |
| Income taxes payable | - | 4,079 |
| Dividend payable | - | 16,665 |
| Total current liabilities | 4,882 | 29,978 |
| Operating lease liabilities, non-current portion, net | 936 | 301 |
| Financing lease liabilities, non-current portion, net | 219 | 121 |
| Other long-term liabilities | 101 | 122 |
| Total liabilities | 6,138 | 30,522 |
| Stockholders’ equity | ||
| Preferred stock, $0.001 par value, 5,000,000 shares authorized; none issued | - | - |
| Common stock, $0.001 par value, 30,000,000 shares authorized; 11,095,266 and 11,120,266 shares issued and outstanding on December 31, 2025, and 2024, respectively | 11 | 11 |
| Additional paid-in capital | 35,305 | 35,418 |
| Accumulated deficit | (5,999) | - |
| Total stockholders’ equity | 29,317 | 35,429 |
| Total liabilities and stockholders’ equity | $35,455 | $65,951 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.