SLND-WT: the balance sheet

MyFinsight

For the year ending 2025-12-31, SLND-WT has $989,280K in assets. $1,121,786K in debts. $52,713K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	52,713
Restricted cash	14,755
Accounts receivable, net	167,786
Retainage receivables	101,779
Costs in excess of billings	343,605
Costs to fulfill contracts, net	23,002
Contract assets	366,607
Other current assets	30,326
Total current assets	733,966
Property and equipment, net	107,305
Right-of-use assets	10,524
Investments - unconsolidated entities	129,696
Investments - limited liability companies	2,323
Investments - private equity	2,588
Deferred tax asset	3
Goodwill	1,528
Intangible assets, net	1,180
Other noncurrent assets	167
Total noncurrent assets	255,314
Total assets	989,280

Accounts payable	224,915
Retainage payable	36,977
Accrued liabilities	80,011
Current portion of long-term debt	53,731
Short-term lease liabilities	6,808
Contract liabilities	252,543
Total current liabilities	654,985
Long-term debt	203,971
Long-term lease liabilities	16,403
Deferred tax liabilities	3,032
Financing obligations, net	41,440
Long-term accrued liabilities	58,075
Other noncurrent liabilities	143,880
Total long-term liabilities	466,801
Total liabilities	1,121,786
Common stock, 0.0001 par value, authorized 500,000,000 shares, 54,113,036 and 53,936,411 issued and outstanding as of december 31, 2025 and december 31, 2024, respectively	5
Additional paid-in-capital	293,237
Accumulated deficit	-431,158
Accumulated other comprehensive loss	-3,018
Total stockholders' equity (deficit)	-140,934
Noncontrolling interest	8,428
Total equity (deficit)	-132,506
Total liabilities and equity	989,280

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