PWP: the balance sheet

MyFinsight

For the year ending 2025-12-31, PWP has $797,637K in assets. $536,897K in debts. $255,906K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	255,906
Restricted cash	1,144
Investments in short-term marketable debt securities	0
Accounts receivable, net of allowance	62,689
Due from related parties-Related Party	626
Fixed assets, net of accumulated depreciation and amortization	77,206
Intangible assets, net of accumulated amortization	12,523
Goodwill	72,691
Prepaid expenses and other assets	46,776
Right-of-use lease assets	138,495
Deferred tax asset, net	129,581
Total assets	797,637

Accrued compensation and benefits	210,268
Accounts payable, accrued expenses and other liabilities	47,102
Lease liabilities	186,066
Amount due pursuant to tax receivable agreement	93,461
Total liabilities	536,897
Redeemable non-controlling interests (22,139,506 units at redemption value of 17.53 per unit as of december31, 2025 27,460,600 units at redemption value of 23.71 per unit as of december31, 2024)	388,099
Common stock value-Common Class A	8
Common stock value-Common Class B	2
Additional paid-in-capital	144,197
Retained earnings (accumulated deficit)	-130,596
Accumulated other comprehensive income (loss)	-2,521
Treasury stock, at cost (14,569,154 and 13,362,975 shares of class a common stock at december31, 2025 and december31, 2024, respectively)	138,449
Total equity	-127,359
Total liabilities, redeemable non-controlling interests, and equity	797,637

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