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Midas Edge

CPI Card Group Inc

For the period ended Dec 31, 2024. Filed Mar 4, 2025.

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About 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.

FY2024 · Filed Mar 4, 2025

PMTS$23.28-4.4%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 exhibits
Contents

Consolidated Balance Sheets

(in thousands, except share and per share amounts)

​​​​​​​
​ · ​ · December 31,
​20242023
Assets​​​​​​
Current assets:​​​​​​
Cash and cash equivalents$33,544​$12,413
Accounts receivable, net​​85,491​73,724
Inventories, net​​72,660​70,594
Prepaid expenses and other current assets​​11,347​8,647
Total current assets​​203,042​165,378
Plant, equipment, leasehold improvements and operating lease right-of-use assets, net​​68,648​63,053
Intangible assets, net​​10,492​14,122
Goodwill​​47,150​47,150
Other assets​​20,325​3,980
Total assets$349,657​$293,683
Liabilities and stockholders’ deficit​​​​​​
Current liabilities:​​​​​​
Accounts payable$16,123​$12,802
Accrued expenses​​57,979​35,803
Deferred revenue and customer deposits​​1,485​840
Total current liabilities​​75,587​49,445
Long-term debt​​280,405​264,997
Deferred income taxes​​3,318​7,139
Other long-term liabilities​​25,968​24,038
Total liabilities​​385,278​345,619
Commitments and contingencies (Note 14)​​​​​​
Series A Preferred Stock; $0.001 par value—100,000 shares authorized; 0 shares issued and outstanding at December 31, 2024 and 2023​​—​​—
Stockholders’ deficit:​​​​​​
Common stock; $0.001 par value—100,000,000 shares authorized; 11,240,507 and 11,446,155 shares issued and outstanding at December 31, 2024 and 2023, respectively​​11​11
Capital deficiency​​(105,429)​(102,223)
Accumulated earnings​​69,797​50,276
Total stockholders’ deficit​​(35,621)​(51,936)
Total liabilities and stockholders’ deficit$349,657​$293,683
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.