SHLS: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, SHLS has $851,791K in assets. $262,151K in debts. $8,589K 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	8,589	4,686
Accounts receivable, net	117,464	103,432
Unbilled receivables	7,705	9,861
Inventory	60,350	56,899
Other current assets	7,085	15,195
Total current assets	201,193	190,073
Property, plant and equipment, net	49,187	41,978
Goodwill	69,941	69,941
Total amortizable intangibles	102,200	-
Total accumulated amortization	66,805	-
Other intangible assets, net	35,395	37,291
Deferred tax assets	443,586	447,568
Right-of-use operating lease assets	47,079	-
Other assets	5,410	8,113
Total assets	851,791	794,964

Accounts payable	33,941	29,241
Accrued expenses and other	27,281	16,928
Warranty liabilitycurrent portion	4,556	15,102
Deferred revenue	26,099	20,075
Total current liabilities	91,877	81,346
Revolving line of credit	126,750	131,750
Right-of-use operating lease liabilities	39,492	-
Warranty liability, less current portion	3,041	4,685
Other long-term liabilities	991	1,776
Total liabilities	262,151	219,557
Class a common stock, 0.00001 par value - 1,000,000,000 shares authorized 171,294,097 and 170,670,779 shares issued 167,385,710 and 166,762,392 outstanding as of september30, 2025 and december31, 2024, respectively-Common Class A	2	2
Additional paid-in capital	490,879	488,525
Treasury stock, at cost, 3,908,387 shares as of september30, 2025 and december31, 2024, respectively	25,272	25,272
Retained earnings	124,031	112,152
Total stockholders' equity	589,640	575,407
Total liabilities and stockholders equity	851,791	794,964