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CUMULUS MEDIA INC (CMLSQ)

CUMULUS MEDIA INC (CMLSQ)

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Balance Sheets Overview

Current Ratio
365.36%
Quick Ratio
365.36%
Cash Ratio
106.37%
Debt to Asset Ratio
124.27%
Unit: Thousand (K) dollars
Assets Breakdown
    • Broadcast licenses
    • Property and equipment, net
    • Accounts receivable, less allowa...
    • Others
Liabilities Breakdown
    • Liabilities subject to compromis...
    • Accumulated deficit
    • Additional paid-in-capital
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
Cash and cash equivalents (includes restricted cash of 4,218 and 0, respectively)
61,111
57,607
81,979
Accounts receivable, less allowance for doubtful accounts of 4,705 and 4,097 at june30, 2026 and december31, 2025, respectively
113,121
123,678
134,136
Trade receivable
7,507
9,546
7,251
Prepaid expenses and other current assets
28,165
22,959
19,481
Total current assets
209,904
213,790
242,847
Property and equipment, net
121,807
118,389
120,765
Operating lease right-of-use assets
95,216
98,714
102,387
Broadcast licenses
407,151
407,908
407,908
Other intangible assets, net
51,578
55,704
59,782
Other assets
9,079
8,924
7,271
Total assets
894,735
903,429
940,960
Accounts payable and accrued expenses
54,325
36,274
104,133
Current portion of operating lease liabilities
412
222
27,456
Trade payable
686
0
2,480
Current portion of debt
2,028
0
23,870
Total current liabilities not subject to compromise
57,451
36,496
157,939
Long-term debt
0
0
694,808
Operating lease liabilities
1,051
701
96,104
Financing liabilities, net
0
0
176,194
Other liabilities
8,187
1,977
7,436
Deferred income tax liabilities
1,165
400
0
Total liabilities not subject to compromise
67,854
39,574
-
Liabilities subject to compromise
1,044,026
1,071,727
-
Total liabilities
1,111,880
1,111,301
1,132,481
Common stock-Common Class A
0
0
0
Common stock-Common Class B
0
0
0
Treasury stock, at cost, 6,028,596 and 5,815,111 shares at june30, 2026 and december31, 2025, respectively
47,131
47,131
47,107
Additional paid-in-capital
361,417
361,480
360,945
Accumulated deficit
-531,431
-522,221
-505,359
Total stockholders deficit
-217,145
-207,872
-191,521
Total liabilities and stockholders deficit
894,735
903,429
940,960
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Accounts receivable,less allowance for...$113,121K Cash and cashequivalents (includes...$61,111K Prepaid expenses andother current assets$28,165K Trade receivable$7,507K Broadcast licenses$407,151K Total current assets$209,904K Property and equipment,net$121,807K Operating leaseright-of-use assets$95,216K Other intangibleassets, net$51,578K Other assets$9,079K Total assets$894,735K Accumulated deficit-$531,431K Treasury stock, at cost,6,028,596 and 5,815,111...$47,131K Total liabilities andstockholders deficit$894,735K Total stockholdersdeficit-$217,145K Additionalpaid-in-capital$361,417K Total liabilities$1,111,880K Liabilities subject tocompromise$1,044,026K Total liabilities notsubject to compromise$67,854K Total currentliabilities not subject to...$57,451K Other liabilities$8,187K Deferred income taxliabilities$1,165K Operating leaseliabilities$1,051K Accounts payable andaccrued expenses$54,325K Current portion of debt$2,028K Trade payable$686K Current portion ofoperating lease...$412K