grnd: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, GRND has $547,620K in assets. $359,930K in debts. $120,825K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
247.76%
Cash Ratio
158.10%
Debt to Asset Ratio
65.73%
Assets Breakdown
Goodwill
Cash and cash equivalents
Intangible assets, net
Others
Liabilities Breakdown
Additional paid-in capital
Long-term debt, net
Accumulated deficit
Others

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

Balance Sheets	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Other current assets	778	458	605	2,180
Prepaid expenses	6,460	6,166	5,188	5,468
Deferred charges	4,197	3,987	3,773	3,702
Cash and cash equivalents	120,825	255,868	39,120	16,345
Accounts receivable, net of allowance of 108 and 39, at june30, 2025, and december31, 2024, respectively	57,085	53,235	43,984	40,289
Total current assets	189,345	319,714	92,670	67,984
Restricted cash	605	605	605	605
Property and equipment, net	1,510	1,559	1,652	1,547
Other assets	1,268	1,289	1,141	1,193
Right-of-use assets	4,023	3,039	2,922	3,414
Intangible assets, net	65,847	67,608	72,987	76,102
Goodwill	275,703	275,703	275,703	275,703
Deferred tax assets	1,242	1,242	-	-
Capitalized software development costs, net	8,077	8,686	8,665	8,494
Total assets	547,620	679,445	456,345	435,042

Accrued expenses and other current liabilities	37,886	37,750	26,371	23,030
Current maturities of long-term debt, net	15,000	15,000	15,000	15,000
Deferred revenue	21,769	20,848	19,895	19,322
Accounts payable	1,769	2,186	2,082	2,520
Total current liabilities	76,424	75,784	63,348	59,872
Long-term debt, net	268,463	272,021	279,136	282,691
Other non-current liabilities	14,057	11,080	9,612	7,474
Deferred tax liability	-	-	3,422	3,819
Lease liability	986	744	1,030	1,512
Warrant liability	-	-	113,200	121,420
Total liabilities	359,930	359,629	469,748	476,788
Treasury stock	-29,768	-19,810	-7,776	-6,132
Accumulated deficit	-148,155	-164,793	-67,960	-92,641
Common stock, par value 0.0001 1,000,000,000 shares authorized 195,498,498 and 178,567,403 shares issued at june30, 2025, and december31, 2024, respectively 193,322,724 and 177,193,667 outstanding at june30, 2025, and december31, 2024, respectively	19	20	18	18
Additional paid-in capital	365,594	504,399	62,315	57,009
Total stockholders equity (deficit)	187,690	319,816	-13,403	-41,746
Total liabilities and stockholders equity (deficit)	547,620	679,445	456,345	435,042

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

Balance Sheets Overview

Current Ratio247.76%Cash Ratio158.10%Debt to Asset Ratio65.73%Assets BreakdownGoodwillCash and cash equivalentsIntangible assets, netOthersLiabilities BreakdownAdditional paid-in capitalLong-term debt, netAccumulated deficitOthers

Balance Sheets

Balance Sheets Overview

Current Ratio247.76%Cash Ratio158.10%Debt to Asset Ratio65.73%Assets BreakdownGoodwillCash and cash equivalentsIntangible assets, netOthersLiabilities BreakdownAdditional paid-in capitalLong-term debt, netAccumulated deficitOthers

Balance Sheets

Current Ratio
247.76%
Cash Ratio
158.10%
Debt to Asset Ratio
65.73%
Assets Breakdown
Goodwill
Cash and cash equivalents
Intangible assets, net
Others
Liabilities Breakdown
Additional paid-in capital
Long-term debt, net
Accumulated deficit
Others

Current Ratio
247.76%
Cash Ratio
158.10%
Debt to Asset Ratio
65.73%
Assets Breakdown
Goodwill
Cash and cash equivalents
Intangible assets, net
Others
Liabilities Breakdown
Additional paid-in capital
Long-term debt, net
Accumulated deficit
Others