PWP: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, PWP has $650,238K in assets. $449,718K in debts. $185,535K 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	185,535	145,037
Restricted cash	1,141	1,153
Investments in short-term marketable debt securities	0	0
Accounts receivable, net of allowance	40,740	47,724
Due from related parties-Related Party	625	636
Fixed assets, net of accumulated depreciation and amortization	78,969	80,547
Intangible assets, net of accumulated amortization	7,677	9,322
Goodwill	34,383	34,383
Prepaid expenses and other assets	36,056	35,533
Right-of-use lease assets	137,080	136,870
Deferred tax assets, net	128,032	115,497
Total assets	650,238	606,702

Accrued compensation and benefits	131,626	106,694
Accounts payable, accrued expenses and other liabilities	47,163	63,351
Lease liabilities	184,822	184,995
Amount due pursuant to tax receivable agreement	86,107	75,566
Total liabilities	449,718	430,606
Redeemable non-controlling interests (23,458,506 units at redemption value of 21.44 per unit as of september30, 2025 27,460,600 units at redemption value of 23.71 per unit as of december31, 2024)	502,922	494,518
Common stock value-Common Class A	8	8
Common stock value-Common Class B	2	2
Additional paid-in-capital	0	0
Retained earnings (accumulated deficit)	-161,906	-179,429
Accumulated other comprehensive income (loss)	-2,057	-721
Treasury stock, at cost (14,569,154 and 13,362,975 shares of class a common stock at september30, 2025 and december31, 2024, respectively)	138,449	138,282
Total equity	-302,402	-318,422
Total liabilities, redeemable non-controlling interests, and equity	650,238	606,702

Unit: Thousand (K) dollars