For the quarter ending 2025-12-31, JANL has $176,116K in assets. $147,225K in debts. $6,717K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash | - | 10,962 | - | |
| Cash and cash equivalents | 6,717 | - | 3,908 | |
| Restricted cash | 1,078 | 1,078 | - | |
| Accounts receivable, net of allowance for credit losses of 690 and 367, respectively | 77,083 | 66,489 | 42,382 | |
| Inventory, net | 4,127 | 4,207 | 5,259 | |
| Prepaid expenses and other current assets | 5,901 | 6,095 | 5,348 | |
| Total current assets | 94,906 | 88,831 | 56,897 | |
| Property and equipment, gross | - | 9,899 | - | |
| Less accumulated depreciation | - | 3,928 | - | |
| Property and equipment, net | 5,853 | 5,971 | 5,954 | |
| Intangible assets, gross | - | 45,548 | - | |
| Finite lived intangible assets, gross | 45,027 | - | - | |
| Less accumulated amortization | 15,379 | 14,550 | - | |
| Indefinite-lived intangible assets, gross | 521 | - | - | |
| Intangible assets, net | 30,169 | 30,998 | 24,879 | |
| Goodwill | 31,592 | 31,592 | 25,351 | |
| Restricted cash | - | 0 | 1,193 | |
| Deferred tax assets, net | 5,386 | - | - | |
| Restricted investments | 250 | 250 | 183 | |
| Investment in marketable securities at fair value | 142 | 4,664 | 2,327 | |
| Operating lease right of use asset | 7,221 | 7,760 | 7,956 | |
| Security deposits and other long-term assets | 597 | 687 | 1,292 | |
| Total other assets | 75,357 | 75,951 | 63,181 | |
| Total assets | 176,116 | 170,753 | 126,032 | |
| Lines of credit | 18,843 | 3,801 | 10,499 | |
| Accounts payable - trade | 93,772 | 98,244 | 52,696 | |
| Accrued expenses and other current liabilities | 8,989 | 10,176 | 7,837 | |
| Dividends payable | 1,024 | 1,649 | 2,243 | |
| Current portion of contingent earnout | 1,367 | 2,592 | 1,407 | |
| Current portion of long-term debt | 682 | 911 | 1,439 | |
| Current portion of subordinated promissory notes-related party | 1,174 | 1,174 | 1,574 | |
| Current portion of operating lease liabilities | 2,097 | 2,114 | 2,331 | |
| Total current liabilities | 127,948 | 120,661 | 80,026 | |
| Long-term portion of long-term debt | 7,457 | 7,166 | 6,867 | |
| Long-term portion of contingent earnout | 1,165 | 1,150 | 1,134 | |
| Long-term portion of subordinated promissory notes-related party | 1,521 | 1,766 | 2,411 | |
| Mandatorily redeemable non-controlling interest | 3,066 | 3,066 | 3,352 | |
| Deferred tax liabilities, net | 0 | 4,547 | 2,514 | |
| Long-term portion of operating lease liabilities | 5,785 | 6,310 | 6,296 | |
| Other liabilities | 283 | 285 | 311 | |
| Total other liabilities | 19,277 | 24,290 | 22,885 | |
| Total liabilities | 147,225 | 144,951 | 102,911 | |
| Preferred stock | 0 | 0 | - | |
| Preferred stock-Series CPreferred Stock | 0 | 0 | 0 | |
| Common stock, 0.001 par value 4,500,000 shares authorized, 1,206,354 issued and 1,186,354 outstanding as of both december 31, 2025 and september 30, 2025 | 1 | 1 | 1 | |
| Paid-in capital | 15,102 | 17,730 | 17,721 | |
| Common treasury stock, at cost, 20,000 shares | - | 240 | - | |
| Common treasury stock, at cost, 20,000 shares as of both december 31, 2025 and september 30, 2025 | 240 | - | 240 | |
| Accumulated earnings | 8,730 | 8,311 | 5,639 | |
| Total janel corporation stockholders equity | 23,593 | 25,802 | 23,121 | |
| Noncontrolling interests | 5,298 | - | - | |
| Total stockholders equity | 28,891 | - | - | |
| Total liabilities and stockholders equity | 176,116 | 170,753 | 126,032 | |
JANEL CORP (JANL)
JANEL CORP (JANL)