RideNow Group, Inc.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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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 Mar 13, 2026
RDNW$5.59+2.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
($ in millions, except shares and per share amounts)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash | $29.5 | $85.3 |
| Restricted cash | 13.4 | 11.4 |
| Accounts receivable, net | 28.9 | 30.5 |
| Inventory, net | 257.4 | 240.6 |
| Prepaid expense and other current assets | 5.5 | 3.6 |
| Total current assets | 334.7 | 371.4 |
| Property and equipment, net | 60.5 | 63.5 |
| Right-of-use assets | 150.4 | 157.1 |
| Franchise rights and other intangible assets, net | 127.0 | 161.9 |
| Other assets | 1.0 | 1.3 |
| Total assets | $673.6 | $755.2 |
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | ||
| Current liabilities: | ||
| Accounts payable and other current liabilities | $77.7 | $75.4 |
| Vehicle floor plan notes payable | 218.4 | 209.9 |
| Current portion of long-term debt | 0.4 | 39.1 |
| Total current liabilities | 296.5 | 324.4 |
| Long-term liabilities: | ||
| Long-term debt, net of current maturities | 207.2 | 212.0 |
| Operating lease liabilities | 128.0 | 129.8 |
| Other long-term liabilities | 54.4 | 52.3 |
| Total long-term liabilities | 389.6 | 394.1 |
| Total liabilities | 686.1 | 718.5 |
| Commitments and contingencies (Note 17) | ||
| Stockholders' equity (deficit): | ||
| Class A common stock, $0.001 par value; 50,000 shares authorized; 50,000 shares issued and outstanding | — | — |
| Class B common stock, $0.001 par value; shares: 100,000,000 authorized; 38,325,595 issued and 38,202,506 outstanding as of December 31, 2025 and 37,840,931 issued and 37,717,842 outstanding as of December 31, 2024 | — | — |
| Additional paid in capital | 704.1 | 700.9 |
| Accumulated deficit | (712.3) | (659.9) |
| Class B common stock in treasury, at cost, 123,089 shares | (4.3) | (4.3) |
| Total stockholders' equity (deficit) | (12.5) | 36.7 |
| Total liabilities and stockholders' equity (deficit) | $673.6 | $755.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.