ContextLogic Holdings Inc.

For the period ended Mar 31, 2026. Filed May 15, 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.

Mar 31, 2026 · Filed May 15, 2026

LOGC$7.97-0.9%Stored close · as of Sep 19, 2025

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Contents

Condensed Consolidated Balance Sheets

($ in millions, units and shares in thousands, except par value)

(Unaudited)

Successor · Predecessor
As of March 31, · As of December 31,
2026 · 2025
Assets
Current assets:
Cash and cash equivalents	$12.0		$10.8
Accounts receivable, net	13.5		12.1
Inventories	12.5		10.9
Prepaid expenses and other current assets	2.3		1.0
Total current assets	40.3		34.8
Property, plant and equipment, net	396.5		321.4
Goodwill	148.0		28.1
Intangibles, net	385.6		16.8
Operating lease right-of-use assets	1.0		1.1
Finance lease right-of-use assets	0.4		0.4
Other inventories	5.2		5.2
Total assets	$977.0		$407.8
Liabilities, Members' Equity and Stockholders’ Equity
Current liabilities:
Accounts payable	$9.5		$8.4
Accrued liabilities	12.1		6.4
Current maturities of long- term debt	1.6		2.3
Current portion of operating lease liability	0.7		0.7
Current portion of finance lease liability	0.1		0.1
Other current liabilities	0.1		—
Total current liabilities	24.1		17.9
Long-term debt, net of current maturities	209.8		203.1
Long- term portion of operating lease liability	0.4		0.5
Long- term portion of finance lease liability	0.3		0.3
Asset retirement obligations	0.8		0.8
Total liabilities	235.4		222.6
Commitments and contingencies (Note 13)
Members' equity (Predecessor)
Members’ units, Class A: 191 units issued and outstanding as of December 31, 2025		181.0
Members’ units, Class B: 3 units issued and outstanding as of December 31, 2025		1.5
Subscription note receivable		(0.1)
Retained earnings		1.0
Noncontrolling parent interest		1.8
Total Members Equity		185.2
Stockholders’ equity (Successor)
Preferred stock, $0.0001 par value: 100,000 shares authorized as of March 31, 2026; No shares issued and outstanding as of March 31, 2026	—
Common stock, $0.0001 par value: 3,000,000 shares authorized as of March 31, 2026; 45,731 shares issued and outstanding as of March 31, 2026	—
Additional paid-in capital	3,635.4
Accumulated deficit	(3,337.5)
Total stockholders’ equity	297.9
Noncontrolling interest (Note 14)	443.7
Total members' equity and stockholders' equity	741.6		185.2
Total liabilities, members' equity, and stockholders’ equity	$977.0		$407.8

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.