For the quarter ending 2026-03-31, SLND has $928,078K in assets. $1,088,717K in debts. $20,544K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 20,544 | 52,713 | 40,482 | 46,517 |
| Restricted cash | 11,408 | 14,755 | 16,862 | 16,779 |
| Accounts receivable, net | 152,406 | 167,786 | 195,072 | 158,134 |
| Retainage receivables | 100,988 | 101,779 | 120,535 | 115,529 |
| Costs in excess of billings | - | 343,605 | - | - |
| Costs to fulfill contracts, net | - | 23,002 | - | - |
| Contract assets | 366,431 | 366,607 | 468,551 | 500,520 |
| Other current assets | 26,766 | 30,326 | 28,177 | 29,704 |
| Total current assets | 678,543 | 733,966 | 869,679 | 867,183 |
| Property and equipment, net | 101,276 | 107,305 | 112,188 | 108,437 |
| Right-of-use assets | 9,969 | 10,524 | 9,900 | 10,135 |
| Investments - unconsolidated entities | 130,751 | 129,696 | 134,608 | 132,541 |
| Investments - limited liability companies | 2,262 | 2,323 | 2,590 | 2,590 |
| Investments - private equity | 2,403 | 2,588 | 2,554 | 2,580 |
| Deferred tax asset | 7 | 3 | 143 | 57,396 |
| Goodwill | 1,528 | 1,528 | 1,528 | 1,528 |
| Intangible assets, net | 1,180 | 1,180 | 1,180 | 1,180 |
| Other noncurrent assets | 159 | 167 | 1,698 | 1,698 |
| Total noncurrent assets | 249,535 | 255,314 | 266,389 | 318,085 |
| Total assets | 928,078 | 989,280 | 1,136,068 | 1,185,268 |
| Accounts payable | 128,615 | 224,915 | 233,895 | 221,818 |
| Retainage payable | 31,603 | 36,977 | 35,413 | 33,662 |
| Accrued liabilities | 77,653 | 80,011 | 76,812 | 75,459 |
| Current portion of long-term debt | 56,094 | 53,731 | 51,356 | 48,895 |
| Short-term lease liabilities | - | 6,808 | - | - |
| Short-term operating lease liabilities | 6,738 | - | 6,272 | 5,886 |
| Contract liabilities | 226,709 | 252,543 | 268,210 | 250,942 |
| Total current liabilities | 527,412 | 654,985 | 671,958 | 636,662 |
| Long-term debt | 174,697 | 203,971 | 216,443 | 229,728 |
| Long-term lease liabilities | - | 16,403 | - | - |
| Long-term operating lease liabilities | 15,200 | - | 16,838 | 9,952 |
| Deferred tax liabilities | 2,981 | 3,032 | 3,071 | 3,138 |
| Financing obligations, net | 41,417 | 41,440 | 41,462 | 41,476 |
| Long-term accrued liabilities | 58,075 | 58,075 | 58,075 | 58,075 |
| Surety payable | 228,342 | - | - | - |
| Other noncurrent liabilities | 40,593 | 143,880 | 40,781 | 40,769 |
| Total long-term liabilities | 561,305 | 466,801 | 376,670 | 383,138 |
| Total liabilities | 1,088,717 | 1,121,786 | 1,048,628 | 1,019,800 |
| Common stock, 0.0001 par value, authorized 500,000,000 shares, 54,198,220 and 54,113,036 issued and outstanding as of march 31, 2026 and december 31, 2025, respectively | 5 | 5 | 5 | 5 |
| Additional paid-in-capital | 293,737 | 293,237 | 292,872 | 292,744 |
| Accumulated deficit | -459,510 | -431,158 | -214,745 | -139,476 |
| Accumulated other comprehensive loss | -3,174 | -3,018 | -3,155 | -2,156 |
| Total stockholders' equity (deficit) | -168,942 | -140,934 | 74,977 | 151,117 |
| Noncontrolling interest | 8,303 | 8,428 | 12,463 | 14,351 |
| Total equity (deficit) | -160,639 | -132,506 | 87,440 | 165,468 |
| Total liabilities and equity | 928,078 | 989,280 | 1,136,068 | 1,185,268 |