KINGSWAY Corp (KWY)
KINGSWAY Corp (KWY)
| Balance Sheets | 2026-06-30 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 7,366 | |||
| Restricted cash | 7,679 | |||
| Investments (including 38,556 and 36,765, respectively, at fair value) (note 6) | 38,735 | |||
| Service fee receivable, net of allowance for credit losses of 1,150 and 1,113, respectively | 14,950 | |||
| Deferred contract costs | 4,167 | |||
| Other current assets | 6,294 | |||
| Total current assets | 79,191 | |||
| Deferred contract costs, noncurrent | 11,224 | |||
| Property and equipment, net of accumulated depreciation of 3,174 and 2,587, respectively | 6,610 | |||
| Goodwill | 65,377 | |||
| Intangible assets, net of accumulated amortization of 37,788 and 34,013, respectively | 48,486 | |||
| Other assets | 16,945 | |||
| Total assets | 227,833 | |||
| Accrued expenses and other current liabilities | 25,044 | |||
| Deferred service fees | 42,843 | |||
| Short-term and current portion of long-term debt | 22,789 | |||
| Total current liabilities | 90,676 | |||
| Deferred service fees | 47,117 | |||
| Long-term debt (including 13,428 and 13,698, respectively, at fair value) (note 10) | 44,501 | |||
| Other liabilities, noncurrent | 10,158 | |||
| Net deferred income tax liabilities | 3,041 | |||
| Total liabilities | 195,493 | |||
| Redeemable preferred stock, 0.01 par value 650,000 authorized, issued and outstanding at june 30, 2026 and december 31, 2025 redemption amount of 16,250 at june 30, 2026 and december 31, 2025 | 16,250 | |||
| Redeemable noncontrolling interest in consolidated subsidiary | 746 | |||
| Common stock, 0.01 par value 50,000,000 authorized 29,621,439 and 29,651,671 issued at june 30, 2026 and december 31, 2025, respectively and 28,595,512 and 28,625,744 outstanding at june 30, 2026 and december 31, 2025, respectively | 296 | |||
| Additional paid-in capital | 396,125 | |||
| Treasury stock, at cost 1,025,927 outstanding at june 30, 2026 and december 31, 2025 | 6,545 | |||
| Accumulated deficit | -377,104 | |||
| Accumulated other comprehensive income (loss) | 54 | |||
| Shareholders' equity attributable to common shareholders | 12,826 | |||
| Noncontrolling interests in consolidated subsidiaries | 2,518 | |||
| Total shareholders' equity | 15,344 | |||
| Total liabilities, redeemable preferred stock, redeemable noncontrolling interest and shareholders' equity | 227,833 | |||