For the quarter ending 2026-03-31, ORN has $478,723K in assets. $312,055K in debts. $6,254K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 6,254 | 1,588 | 4,917 | |
| Restricted cash | 1,697 | 1,697 | - | |
| Trade, net of allowance for credit losses of 3,443 and 3,461, respectively | 140,130 | 175,695 | 164,911 | |
| Retainage | 54,484 | 49,194 | 48,345 | |
| Income taxes receivable | 241 | 256 | 738 | |
| Other current | 3,648 | 3,531 | 3,116 | |
| Inventory | 2,760 | 2,432 | 2,115 | |
| Contract assets | 42,633 | 31,083 | 40,518 | |
| Prepaid expenses and other | 9,574 | 12,686 | 5,080 | |
| Total current assets | 261,421 | 278,162 | 269,740 | |
| Gross book value of depreciable assets | 285,228 | 256,025 | 274,893 | |
| Less accumulated depreciation | 189,573 | 185,650 | 202,819 | |
| Net book value of depreciable assets | 95,655 | 70,375 | 72,074 | |
| Construction in progress | 20,147 | 15,143 | 4,092 | |
| Land | 9,642 | 2,692 | 24,948 | |
| Property and equipment, net of accumulated depreciation | 125,444 | 88,210 | 101,114 | |
| Operating lease right-of-use assets, net of accumulated amortization | 24,391 | 20,397 | 22,240 | |
| Financing lease right-of-use assets, net of accumulated amortization | 16,361 | 18,360 | 21,028 | |
| Inventory, non-current | 6,484 | 6,395 | 6,862 | |
| Deferred income tax asset | - | 17 | 17 | |
| Other non-current | 2,566 | 3,111 | 1,374 | |
| Goodwill | 32,742 | - | - | |
| Intangible assets, net of amortization | 9,314 | - | - | |
| Total assets | 478,723 | 414,652 | 422,375 | |
| Current debt, net of debt issuance costs | 5,849 | 1,789 | 1,044 | |
| Trade | 95,025 | 107,433 | 107,671 | |
| Retainage | 1,372 | 1,699 | 1,984 | |
| Accrued liabilities | 19,610 | 31,750 | 28,522 | |
| Income taxes payable | 275 | 197 | 154 | |
| Contract liabilities | 52,379 | 49,104 | 43,862 | |
| Current portion of operating lease liabilities | 4,698 | 4,418 | 4,650 | |
| Current portion of financing lease liabilities | 6,000 | 7,517 | 9,953 | |
| Total current liabilities | 185,208 | 203,907 | 197,840 | |
| Long-term debt, net of debt issuance costs | 66,336 | 6,085 | 22,564 | |
| Operating lease liabilities | 28,314 | 24,695 | 20,929 | |
| Financing lease liabilities | 5,461 | 5,878 | 6,346 | |
| Other long-term liabilities | 26,736 | 14,975 | 16,748 | |
| Deferred income tax liability | - | 80 | 57 | |
| Total liabilities | 312,055 | 255,620 | 264,485 | |
| Accumulated other comprehensive loss | -23 | - | - | |
| Common stock -- 0.01 par value, 50,000,000 authorized, 40,612,139 and 39,681,597 issued 39,900,908 and 38,970,366 outstanding at december 31, 2025 and december 31, 2024, respectively | 412 | 406 | 406 | |
| Treasury stock, 711,231 shares, at cost, as of december 31, 2025 and december 31, 2024, respectively | 6,540 | 6,540 | 6,540 | |
| Additional paid-in capital | 229,335 | 226,369 | 224,987 | |
| Retained loss | -56,516 | -61,203 | -60,963 | |
| Total stockholders' equity | 166,668 | 159,032 | 157,890 | |
| Total liabilities and stockholders' equity | 478,723 | 414,652 | 422,375 | |
Orion Group Holdings Inc (ORN)
Orion Group Holdings Inc (ORN)