ChronoScale Holdings Corp
For the period ended May 31, 2026. Filed Aug 19, 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.
FY2026 · Filed Aug 19, 2026
CHRN$11.62+8.1%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 thousands, except par value amounts)
| May 31, 2026 | May 31, 2025 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash | $9,664 | $2,398 |
| Accounts receivable | 12,542 | 3,788 |
| Prepaid expenses and other current assets | 2,200 | 223 |
| Current assets held for sale | 19,841 | — |
| Total current assets | 44,247 | 6,409 |
| Property and equipment, net | 32,081 | 10,922 |
| Operating lease right of use assets, net | 72,004 | 91,374 |
| Finance lease right of use assets, net | 122,509 | 195,495 |
| Goodwill | 54,513 | — |
| Other assets | 520 | — |
| TOTAL ASSETS | $325,874 | $304,200 |
| LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $9,052 | $3,962 |
| Accrued liabilities | 3,740 | 572 |
| Current portion of operating lease liability | 18,130 | 16,093 |
| Current portion of finance lease liability | 47,571 | 133,407 |
| Current portion of debt | 3,370 | — |
| Current deferred revenue | — | 3,594 |
| Current liabilities held for sale | 5,028 | — |
| Total current liabilities | 86,891 | 157,628 |
| Long-term portion of operating lease liability | 40,289 | 58,420 |
| Long-term portion of finance lease liability | 10,729 | — |
| Long-term debt | 474 | 12,000 |
| Warrant liabilities | 5,454 | — |
| Total liabilities | 143,837 | 228,048 |
| Commitments and contingencies (Note 16) | ||
| Temporary equity: | ||
| Convertible preferred stock, $0.001 par value; 10,000 shares authorized; 3 issued and outstanding as of May 31, 2026, with a $2,926 redemption value; none outstanding as of May 31, 2025 | 2,012 | — |
| Stockholders' equity: | ||
| Common stock, $0.001 par value; 290,000 shares authorized; 145,212 and 138,217 shares issued and outstanding as of May 31, 2026 and May 31, 2025, respectively | 145 | 138 |
| Additional paid in capital | 379,342 | 225,156 |
| Accumulated deficit | (199,462) | (149,142) |
| Total stockholders’ equity | 180,025 | 76,152 |
| TOTAL LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS' EQUITY | $325,874 | $304,200 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.