NINE: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, NINE has $340,701K in assets. $436,567K in debts. $14,389K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	14,389	14,216
Restricted cash	2,086	3,539
Accounts receivable, net	81,446	93,992
Income taxes receivable	0	0
Inventories, net	56,806	54,209
Prepaid expenses	6,219	8,409
Other current assets	1,951	1,366
Total current assets	162,897	175,731
Property and equipment, net	66,424	68,794
Operating lease right of use assets, net	35,852	37,862
Finance lease right of use assets, net	19	22
Intangible assets, net	70,859	73,654
Other long-term assets	4,650	5,102
Total assets	340,701	361,165

Accounts payable	37,072	44,145
Accrued expenses	23,329	35,648
Income taxes payable	169	136
Current portion of long-term debt	0	913
Current portion of operating lease obligations	13,214	13,069
Current portion of finance lease obligations	13	19
Total current liabilities	73,797	93,930
Long-term debt	339,390	323,454
Long-term operating lease obligations	23,290	25,426
Other long-term liabilities	90	92
Total liabilities	436,567	442,902
Common stock (120,000,000 shares authorized at 0.01 par value 43,361,339 and 42,348,643 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively)	434	434
Additional paid-in capital	807,976	807,509
Accumulated other comprehensive loss	-4,865	-4,916
Accumulated deficit	-899,411	-884,764
Total stockholders equity (deficit)	-95,866	-81,737
Total liabilities and stockholders equity (deficit)	340,701	361,165