Skip to main content

Neptune Insurance Holdings Inc.

For the period ended Jun 30, 2026. Filed Jul 27, 2026.

View on SEC.gov

About 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.

Jun 30, 2026 · Filed Jul 27, 2026

NP$28.22+0.2%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 exhibits

Condensed Consolidated Balance Sheets (Unaudited)

Condensed Consolidated Balance Sheets

(In thousands, except share and per share data)

June 30,2026December 31,2025
Assets
Current assets:
Cash and cash equivalents$17,553$8,036
Fiduciary cash59,49332,512
Fiduciary receivable6,7285,375
Commissions and fees receivable3,8904,080
Prepaid expenses and other current assets7731,309
Income tax receivable5781,150
Total current assets89,01552,462
Intangible assets, net428466
Internally developed software, net6,2196,030
Goodwill3,7933,793
Deferred tax assets1,192802
Deferred financing asset1,5671,746
Total assets$102,214$65,299
Liabilities and Stockholders’ Deficit
Current liabilities:
Accounts payable10,99510,141
Commissions payable6,1173,788
Insurance company payables30,60718,946
Income tax payable75—
Accrued expenses1,047977
Premium deposits35,61418,941
Total current liabilities84,45552,793
Revolving credit facility240,000240,000
Total liabilities$324,455$292,793
Stockholders’ deficit:
Class A common stock,$0.00001 par value, 428,422,036 and 428,422,036 shares authorized;93,773,525 and 94,718,530 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively11
Class B common stock, $0.00001 par value, 51,577,964 and 51,577,964 shares authorized; 43,435,000 and 43,435,000 issued and outstanding at June 30, 2026 and December 31, 2025, respectively——
Accumulated deficit(491,206)(514,351)
Additional paid-in capital268,964286,856
Total stockholders’ deficit(222,241)(227,494)
Total liabilities and stockholders’ deficit$102,214$65,299
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.