APEI: the balance sheet

MyFinsight

For the year ending 2025-12-31, APEI has $521,418K in assets. $226,636K in debts.

Balance Sheets	2025-12-31
Cash, cash equivalents, and restricted cash (note 2)	176,499
Accounts receivable, net of allowance of 19,280 in 2024 and 21,113 in 2025	65,662
Prepaid expenses	14,197
Income tax receivable	3,458
Assets held for sale (note 5)	0
Total current assets	259,816
Property and equipment, net	70,598
Operating lease assets, net	57,686
Deferred income taxes	39,176
Intangible assets, net	28,221
Goodwill	59,593
Other assets, net	6,328
Total assets	521,418

Accounts payable	4,822
Accrued compensation and benefits	22,463
Accrued liabilities	13,375
Deferred revenue and student deposits	23,016
Lease liabilities, current	11,374
Total current liabilities	75,050
Lease liabilities, long term	56,921
Long-term debt, net	94,665
Total liabilities	226,636
Preferred stock, .01 par value authorized shares 10,000,000 series a senior preferred stock, 400 shares issued or outstanding in 2024, respectively. (117,439 liquidation preference per share, 46,976 in aggregate, for 2024, respectively) (note 12)	0
Common stock, .01 par value authorized shares 100,000,000 17,712,575 issued and outstanding in 2024 18,125,860 issued and outstanding in 2025	181
Additional paid-in capital	311,119
Accumulated other comprehensive loss	-18
Accumulated deficit	-16,500
Total stockholders equity	294,782
Total liabilities and stockholders equity	521,418

Unit: Thousand (K) dollars (except for numbers of shares and EPS).