| Balance Sheets | 2025-07-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 17,258 | |||
| Restricted cash | 1,444 | |||
| Trade accounts receivable, less allowance for credit losses of 1,064 at july 31, 2025 and 703 at january 31, 2025 | 47,206 | |||
| Inventories | 15,885 | |||
| Prepaid expenses and other current assets | 12,312 | |||
| Unbilled accounts receivable | 27,672 | |||
| Costs and estimated earnings in excess of billings on uncompleted contracts | 3,569 | |||
| Total current assets | 125,346 | |||
| Property, plant and equipment, net of accumulated depreciation | 39,267 | |||
| Operating lease right-of-use asset | 11,862 | |||
| Deferred tax assets | 6,218 | |||
| Goodwill | 2,154 | |||
| Other long-term assets | 4,143 | |||
| Total long-term assets | 63,644 | |||
| Total assets | 188,990 | |||
| Trade accounts payable | 23,069 | |||
| Accrued compensation and payroll taxes | 1,655 | |||
| Commissions and management incentives payable | 5,551 | |||
| Revolving line - north america | 9,732 | |||
| Current maturities of long-term debt | 6,358 | |||
| Customers' deposits | 5,371 | |||
| Operating lease liability short-term | 1,383 | |||
| Other accrued liabilities | 6,198 | |||
| Billings in excess of costs and estimated earnings on uncompleted contracts | 1,641 | |||
| Income taxes payable | 3,104 | |||
| Loan payable to gig-Related Party | 2,753 | |||
| Total current liabilities | 66,815 | |||
| Long-term debt, less current maturities | 3,711 | |||
| Long-term finance obligations | 8,662 | |||
| Deferred compensation liabilities | 2,040 | |||
| Deferred tax liabilities | 1,373 | |||
| Operating lease liability long-term | 11,425 | |||
| Loan payable to gig-Related Party | 0 | |||
| Other long-term liabilities | 2,535 | |||
| Total long-term liabilities | 29,746 | |||
| Non-controlling interest | 12,225 | |||
| Common stock, .01 par value, authorized 50,000 shares 8,044 issued and outstanding at july 31, 2025 and 7,983 at january 31, 2025 | 80 | |||
| Additional paid-in capital | 61,603 | |||
| Retained earnings | 25,907 | |||
| Accumulated other comprehensive loss | -7,386 | |||
| Total stockholders' equity | 80,204 | |||
| Total liabilities and stockholders' equity | 188,990 | |||
Perma-Pipe International Holdings, Inc. (PPIH)
Perma-Pipe International Holdings, Inc. (PPIH)