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LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)

LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)

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Balance Sheets Overview

Current Ratio
84.36%
Quick Ratio
84.36%
Cash Ratio
60.76%
Debt to Asset Ratio
115.71%
Unit: Thousand (K) dollars
Assets Breakdown
    • Property and equipment, net
    • Cash and cash equivalents
    • Prepaid expenses and other curre...
    • Others
Liabilities Breakdown
    • Long-term debt, less current por...
    • Unearned passenger revenues
    • Accumulated deficit
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
318,886
275,012
256,692
261,781
Restricted cash
46,016
46,067
33,043
28,343
Prepaid expenses and other current assets
77,834
63,673
78,145
73,664
Total current assets
442,736
384,752
367,880
363,788
Property and equipment, gross
-
-
926,569
-
Less accumulated depreciation
-
-
404,446
-
Property and equipment, net
502,243
511,764
522,123
527,609
Goodwill
60,609
60,609
60,609
61,145
Intangibles, net
15,542
16,031
16,599
17,365
Other long-term assets
12,891
14,026
12,747
6,627
Total assets
1,034,021
987,182
979,958
976,534
Unearned passenger revenues
439,858
399,156
361,481
362,276
Accrued expenses
68,235
47,497
76,732
54,848
Accounts payable
15,043
24,981
22,227
20,650
Lease liabilities - current portion
1,693
1,486
1,151
821
Long-term debt - current portion
0
0
3
10
Total current liabilities
524,829
473,120
461,594
438,605
Long-term debt, less current portion
663,871
663,217
662,671
663,443
Deferred tax liabilities
854
227
2,224
2,545
Other long-term liabilities
6,933
7,445
6,968
745
Total liabilities
1,196,487
1,144,009
1,133,457
1,105,338
Series a redeemable convertible preferred stock, 165,000 shares authorized no shares issued and outstanding as of june 30, 2026, 62,000 shares issued and outstanding as of december 31, 2025
0
0
83,079
81,821
Redeemable noncontrolling interests
33,372
33,298
47,948
45,968
Temporary equity, including noncontrolling interest
33,372
33,298
131,027
127,789
Common stock, 0.0001 par value, 200,000,000 shares authorized 65,613,308 and 55,421,384 issued, 65,515,419 and 55,323,495 outstanding as of june 30, 2026 and december 31, 2025, respectively
7
7
6
6
Additional paid-in capital
216,460
218,809
126,873
127,973
Accumulated deficit
-412,305
-408,941
-411,405
-384,572
Accumulated other comprehensive income
-
-
0
0
Total stockholders deficit
-195,838
-190,125
-284,526
-256,593
Total liabilities, mezzanine equity and stockholders deficit
1,034,021
987,182
979,958
976,534
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$318,886K (58.71%↑ Y/Y)Prepaid expenses andother current assets$77,834K (3.52%↑ Y/Y)Restricted cash$46,016K (-0.82%↓ Y/Y)Property and equipment,net$502,243K (-5.79%↓ Y/Y)Total current assets$442,736K (37.27%↑ Y/Y)Goodwill$60,609K (2.38%↑ Y/Y)Intangibles, net$15,542K (5.84%↑ Y/Y)Other long-termassets$12,891K (84.55%↑ Y/Y)Total assets$1,034,021K (10.41%↑ Y/Y)Accumulated deficit-$412,305K (-7.98%↓ Y/Y)Total liabilities,mezzanine equity and...$1,034,021K (10.41%↑ Y/Y)Total stockholdersdeficit-$195,838K (25.77%↑ Y/Y)Additional paid-in capital$216,460K (83.43%↑ Y/Y)Common stock, 0.0001par value,...$7K (16.67%↑ Y/Y)Total liabilities$1,196,487K (10.73%↑ Y/Y)Temporary equity,including noncontrolling...$33,372K (-72.14%↓ Y/Y)Long-term debt, lesscurrent portion$663,871K (5.83%↑ Y/Y)Total currentliabilities$524,829K (16.61%↑ Y/Y)Other long-termliabilities$6,933K (743.43%↑ Y/Y)Deferred tax liabilities$854K (-64.33%↓ Y/Y)Redeemable noncontrollinginterests$33,372K (-14.84%↓ Y/Y)Unearned passengerrevenues$439,858K (15.24%↑ Y/Y)Accrued expenses$68,235K (18.83%↑ Y/Y)Accounts payable$15,043K (53.02%↑ Y/Y)Lease liabilities -current portion$1,693K (50.62%↑ Y/Y)