Red Violet, Inc. (RDVT)
Red Violet, Inc. (RDVT)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 43,451 | 43,557 | 45,352 | 38,848 |
| Accounts receivable, net of allowance for doubtful accounts of 122 and 231 as of march 31, 2026 and december 31, 2025, respectively | 11,910 | 10,697 | 10,419 | 9,811 |
| Prepaid expenses and other current assets | 1,938 | 2,281 | 2,237 | 2,137 |
| Total current assets | 57,299 | 56,535 | 58,008 | 50,796 |
| Total cost of property and equipment | NaN | 2,641 | NaN | NaN |
| Less accumulated depreciation | NaN | 1,759 | NaN | NaN |
| Property and equipment, net | 880 | 882 | 824 | 693 |
| Remainder of 2026 | 8,307 | NaN | 2,721 | NaN |
| 2027 | 10,177 | 10,850 | 10,447 | NaN |
| 2028 | 7,744 | 9,454 | 8,843 | NaN |
| 2029 | 5,781 | 7,022 | 6,410 | NaN |
| 2030 | 3,738 | 5,059 | 4,448 | NaN |
| Finite-lived intangible asset, expected amortization, year five | NaN | 3,015 | NaN | NaN |
| Finite-lived intangible asset, expected amortization, after year five | NaN | 3,864 | NaN | NaN |
| 2031 and thereafter | 4,432 | NaN | 5,880 | NaN |
| Intangible assets, net | 40,179 | 39,264 | 38,749 | 37,677 |
| Goodwill | 5,227 | 5,227 | 5,227 | 5,227 |
| Right-of-use assets | 2,442 | 2,570 | 2,697 | 2,822 |
| Deferred tax assets | 5,574 | 6,585 | 5,476 | 6,309 |
| Other noncurrent assets | 1,033 | 949 | 1,090 | 1,310 |
| Total assets | 112,634 | 112,012 | 112,071 | 104,834 |
| Accounts payable | 2,002 | 1,977 | 2,764 | 1,834 |
| Accrued expenses and other current liabilities | 1,756 | 4,469 | 2,884 | 2,518 |
| Current portion of operating lease liabilities | 391 | 396 | 403 | 411 |
| Dividend payable | NaN | 0 | 0 | 0 |
| Deferred revenue | 956 | 1,028 | 859 | 806 |
| Total current liabilities | 5,105 | 7,870 | 6,910 | 5,569 |
| Noncurrent operating lease liabilities | 2,329 | 2,396 | 2,459 | 2,520 |
| Other noncurrent liabilities | 672 | 820 | 969 | 539 |
| Total liabilities | 8,106 | 11,086 | 10,338 | 8,628 |
| Common stock - 0.001 par value, 200,000,000 shares authorized, 14,112,391 and 14,151,350 shares issued, and and 14,111,891 and 14,151,350 shares outstanding, as of march 31, 2026 and december 31, 2025 | 14 | 14 | 14 | 14 |
| Treasury stock, at cost, 500 and 0 shares as of march 31, 2026 and december 31, 2025 | 17 | NaN | NaN | NaN |
| Additional paid-in capital | 87,859 | 88,628 | 92,250 | 90,936 |
| Retained earnings | 16,672 | 12,284 | 9,469 | 5,256 |
| Total shareholders' equity | 104,528 | 100,926 | 101,733 | 96,206 |
| Total liabilities and shareholders' equity | 112,634 | 112,012 | 112,071 | 104,834 |