| Balance Sheets | 2025-09-30 | |||
|---|---|---|---|---|
| Cash | 182 | |||
| Accounts receivable, net | 204 | |||
| Current portion of program broadcast rights, net | 25 | |||
| Income tax refunds receivable | 6 | |||
| Prepaid income taxes | 40 | |||
| Prepaid and other current assets | 28 | |||
| Total current assets | 485 | |||
| Property and equipment, net | 1,532 | |||
| Operating leases right of use asset | 68 | |||
| Broadcast licenses | 5,310 | |||
| Goodwill | 2,642 | |||
| Other intangible assets, net | 180 | |||
| Investments in broadcasting and technology companies | 56 | |||
| Deferred pension assets | 21 | |||
| Other | 27 | |||
| Total assets | 10,321 | |||
| Accounts payable | 18 | |||
| Employee compensation and benefits | 95 | |||
| Accrued interest | 103 | |||
| Accrued network programming fees | 105 | |||
| Other accrued expenses | 110 | |||
| Federal and state income taxes | 7 | |||
| Current portion of program broadcast obligations | 25 | |||
| Deferred revenue | 28 | |||
| Dividends payable | 16 | |||
| Current portion of operating lease liabilities | 10 | |||
| Current portion of long-term debt | 2 | |||
| Total current liabilities | 519 | |||
| Long-term debt, less current portion and deferred financing costs | 5,608 | |||
| Deferred income taxes | 1,310 | |||
| Operating lease liabilities, less current portion | 61 | |||
| Other | 15 | |||
| Total liabilities | 7,513 | |||
| Series a perpetual preferred stock, no par value cumulative redeemable designated 1,500,000 shares, issued and outstanding 650,000 shares at each date and 650 aggregate liquidation value at each date | 650 | |||
| Common stock-Common Stock No Par Value | 1,208 | |||
| Common stock-Class ACommon Stock No Par Value | 64 | |||
| Retained earnings | 1,237 | |||
| Accumulated other comprehensive loss, net of income tax benefit | -28 | |||
| Stockholders' equity before treasury stock | 2,481 | |||
| Treasury stock at cost-Common Stock No Par Value | 288 | |||
| Treasury stock at cost-Class ACommon Stock No Par Value | 35 | |||
| Total stockholders equity | 2,158 | |||
| Total liabilities and stockholders equity | 10,321 | |||
GRAY MEDIA, INC (GTN)
GRAY MEDIA, INC (GTN)