For the quarter ending 2026-03-31, MHH has $107,994K in assets. $16,933K in debts. $33,550K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 33,550 | 36,533 | 32,747 | 27,933 |
| Accounts receivable, net of allowance for credit losses of 269 in 2026 and 275 in 2025 | 21,847 | 20,648 | 20,560 | 22,107 |
| Unbilled receivables | 5,868 | 5,748 | 8,303 | 8,398 |
| Prepaid and other current assets | 5,301 | 5,647 | 7,680 | 7,221 |
| Total current assets | 66,566 | 68,576 | 69,290 | 65,659 |
| Equipment | 3,778 | 3,817 | 3,822 | 3,839 |
| Enterprise software | 4,189 | 4,185 | 4,185 | 4,185 |
| Leasehold improvements | 739 | 738 | 739 | 742 |
| Total equipment, enterprise software, and leasehold improvements | 8,706 | 8,740 | 8,746 | 8,766 |
| Less accumulated depreciation and amortization | 7,316 | 7,183 | 7,006 | 6,973 |
| Net equipment, enterprise software, and leasehold improvements | 1,390 | 1,557 | 1,740 | 1,793 |
| Operating lease right-of-use assets, net | 2,266 | 2,534 | 2,865 | 3,192 |
| Deferred income taxes | 1,941 | 2,583 | 1,464 | 1,674 |
| Deferred financing costs, net | 71 | 95 | 118 | 142 |
| Deferred compensation, net | 875 | 1,000 | 1,125 | 1,250 |
| Non-current deposits | 523 | 530 | 446 | 463 |
| Goodwill, net of impairment | 27,210 | 27,210 | 27,210 | 27,210 |
| Intangible assets, net of amortization | 7,152 | 7,755 | 8,359 | 9,009 |
| Total assets | 107,994 | 111,840 | 112,617 | 110,392 |
| Accounts payable | 3,360 | 3,451 | 3,412 | 3,564 |
| Accrued payroll and related costs | 10,453 | 15,391 | 16,872 | 13,693 |
| Current portion of operating lease liability | 1,312 | 1,283 | 1,287 | 1,313 |
| Other accrued liabilities | 674 | 898 | 693 | 861 |
| Deferred revenue | 214 | 41 | 308 | 287 |
| Total current liabilities | 16,013 | 21,064 | 22,572 | 19,718 |
| Long-term operating lease liability, less current portion | 810 | 1,138 | 1,466 | 1,825 |
| Long-term accrued income taxes | - | 0 | - | - |
| Long-term severance liability | 110 | 330 | 572 | 1,039 |
| Total liabilities | 16,933 | 22,532 | 24,610 | 22,582 |
| Preferred stock, no par value 20,000,000 shares authorized none outstanding | 0 | 0 | 0 | 0 |
| Common stock, par value .01 100,000,000 shares authorized and 14,020,047 shares issued as of march 31, 2026 and 13,715,016 shares issued as of december 31, 2025 | 140 | 137 | 136 | 135 |
| Additional paid-in-capital | 44,562 | 42,515 | 41,215 | 40,064 |
| Retained earnings | 56,691 | 56,427 | 55,454 | 54,513 |
| Accumulated other comprehensive income (loss) | -3,201 | -2,640 | -2,321 | -1,903 |
| Treasury stock, at cost 2,022,864 shares as of march 31, 2026 and 2,022,864 shares as of december 31, 2025 | 7,131 | 7,131 | 6,477 | 4,999 |
| Total shareholders' equity | 91,061 | 89,308 | 88,007 | 87,810 |
| Total liabilities and shareholders' equity | 107,994 | 111,840 | 112,617 | 110,392 |
Mastech Digital, Inc. (MHH)
Mastech Digital, Inc. (MHH)