For the quarter ending 2026-03-31, KPLT has $103,999K in assets. $108,017K in debts. $22,348K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 22,348 | 22,432 | 3,397 | 3,659 |
| Restricted cash | 5,772 | 1,048 | 5,559 | 5,331 |
| Property held for lease, net of accumulated depreciation and impairment (note 3) | 67,308 | 73,691 | 66,745 | 69,393 |
| Prepaid expenses and other current assets | 3,104 | 4,257 | 2,582 | 3,599 |
| Deferred financing costs, net | 2,778 | 3,802 | 4,827 | 5,804 |
| Total current assets | 101,310 | 105,230 | 83,110 | 87,786 |
| Property and equipment, net | 144 | 163 | 185 | 209 |
| Capitalized software and intangible assets, net | 2,204 | 2,119 | 2,203 | 2,134 |
| Right-of-use assets, non-current | 326 | 339 | 352 | 364 |
| Security deposits | 15 | 15 | 91 | 91 |
| Total assets | 103,999 | 107,866 | 85,941 | 90,584 |
| Accounts payable | 4,287 | 1,891 | 3,028 | 2,527 |
| Accrued liabilities (note 4) | 16,402 | 17,701 | 18,926 | 21,960 |
| Accrued litigation settlement (note 10) | 500 | 750 | 1,447 | 1,447 |
| Term loan, net (note 6) | - | 0 | 30,645 | 28,280 |
| Unearned revenue | 5,454 | 4,883 | 5,016 | 5,441 |
| Revolving line of credit, net (note 5) | 71,615 | 78,727 | 79,565 | 80,617 |
| Derivative liability (note 11) | 9,300 | 13,600 | 5,147 | 3,558 |
| Lease liabilities | 53 | 51 | 48 | 46 |
| Total current liabilities | 107,611 | 117,603 | 143,822 | 143,876 |
| Lease liabilities, non-current | 377 | 392 | 405 | 418 |
| Other liabilities | 29 | 45 | 86 | 352 |
| Total liabilities | 108,017 | 118,040 | 144,313 | 144,646 |
| Series AConvertible Preferred Stock | 11,308 | 11,308 | - | - |
| Series BConvertible Preferred Stock | 16,601 | 16,601 | - | - |
| Total mezzanine equity | 27,909 | 27,909 | - | - |
| Common stock, .0001 par value 250,000,000 shares authorized 4,765,058 and 4,750,258 shares issued and outstanding at march31, 2026 and december31, 2025, respectively | 0 | 0 | 0 | 0 |
| Additional paid-in capital | 109,473 | 109,003 | 108,551 | 107,912 |
| Accumulated deficit | -141,400 | -147,086 | -166,923 | -161,974 |
| Total stockholders' deficit | -31,927 | -38,083 | -58,372 | -54,062 |
| Total liabilities, mezzanine equity and stockholders' deficit | 103,999 | 107,866 | 85,941 | 90,584 |
Katapult Holdings, Inc. (KPLT)
Katapult Holdings, Inc. (KPLT)