Elmet Group Co.

For the period ended Oct 2, 2026. Filed Nov 9, 2026.

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.

Oct 2, 2026 · Filed Nov 9, 2026

ELMT$21.99+12.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Unaudited Consolidated Balance Sheets

CONSOLIDATED BALANCE SHEETS

(in thousands, except share data)

	October 2,2026	December 31,2025
Assets
Current Assets:
Cash	$105,714	$1,759
Restricted cash	124,710	—
Marketable securities	6,564	202
Accounts receivable, net	45,424	28,904
Government grant receivables	1,081	1,690
Related party receivables	111	426
Unbilled revenue	3,517	2,621
Inventories, net	152,768	69,697
Prepaid expenses and other current assets	9,276	4,774
Total current assets	449,165	110,073
Property, plant and equipment, net	42,031	42,342
Operating lease right-of-use assets	11,507	10,586
Intangible assets, net	6,246	7,184
Goodwill	4,505	4,583
Deferred tax assets, net	89	—
Other assets	9,777	878
Total assets	$523,320	$175,646
Liabilities, Redeemable Preferred Stock, and Stockholders’ Equity
Current Liabilities:
Accounts payable	$20,650	$16,165
Accrued expenses and other current liabilities	24,320	13,659
Related party payables	216	—
Operating lease liabilities, current portion	1,041	875
Current portion of long-term debt – related party	—	2,319
Current portion of long-term debt	2,449	7,755
Deferred government grants	1,667	4,672
Deferred revenue	25,621	14,853
Total current liabilities	75,964	60,298
Operating lease liabilities, net of current portion	11,138	10,247
Long-term debt, net of current portion	34,139	28,455
Long-term debt, net of current portion – related party	—	15,000
Deferred tax liabilities, net	3,227	—
Other liabilities	784	1,189
Total liabilities	125,252	115,189
Commitments and Contingencies (Note 20)
Redeemable Preferred Stock:
Class A Redeemable Preferred Stock - $0.001 par value; 450,000 and 0 shares authorized as of October 2, 2026 and December 31, 2025, respectively; 200,000 and 0 shares issued and outstanding as of October 2, 2026 and December 31, 2025, respectively; aggregate redemption value of $200,551 and $0 as of October 2, 2026 and December 31, 2025, respectively	120,378	—
Stockholders’ Equity:
Preferred Stock - $0.001 par value; 20,000,000 shares authorized as of October 2, 2026 and December 31, 2025. no shares issued and outstanding as of October 2, 2026 and December 31, 2025	—	—
Class A Common Stock – $0.001 par value; 0 and 500,000,000 shares authorized as of October 2, 2026 and December 31, 2025, respectively; 0 and 20,122,721 shares issued and outstanding as of October 2, 2026 and December 31, 2025, respectively	—	20
Class B Common Stock – $0.001 par value; 0 and 40,000,000 shares authorized as of October 2, 2026 and December 31, 2025, respectively; 0 and 466 shares issued and outstanding as of October 2, 2026 and December 31, 2025, respectively	—	—
Common Stock - $0.001 par value; 540,000,000 and 0 shares authorized as of October 2, 2026 and December 31, 2025, respectively; 30,459,498 and 0 shares issued and outstanding as of October 2, 2026 and December 31, 2025, respectively	30	—
Additional paid-in capital	229,830	15,366
Retained earnings	48,164	44,791
Accumulated other comprehensive (loss) income	(334)	280
Total stockholders’ equity	277,690	60,457
Total liabilities, redeemable preferred stock, and stockholders’ equity	$523,320	$175,646

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.