SST: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, SST has $385,160K in assets. $350,900K in debts. $54,589K 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	54,589	63,648
Restricted cash, current	1,243	1,243
Accounts receivable, net	54,356	70,218
Prepaid expenses and other current assets	6,430	6,251
Total current assets	116,618	141,360
Restricted cash, non-current	378	378
Property and equipment, net	1,655	1,816
Internal-use software development costs, net	14,170	14,214
Intangible assets, net	166,714	185,340
Goodwill	82,407	82,407
Operating lease right-of-use assets	2,923	3,401
Other non-current assets	295	333
Total assets	385,160	429,249

Accounts payable	23,065	28,058
Accrued expenses and other current liabilities	54,255	69,117
Operating lease liabilities, current	677	1,166
Current debt, net	24,127	21,544
Total current liabilities	102,124	119,885
Operating lease liabilities, non-current	2,783	2,860
Non-current debt, net	235,109	241,795
Deferred tax liability	4,662	5,225
Other non-current liabilities	6,222	6,040
Total liabilities	350,900	375,805
Common stock value-Common Class A	1	1
Common stock value-Common Class C	0	0
Additional paid-in capital	877,108	874,008
Accumulated deficit	-834,196	-815,680
Accumulated other comprehensive loss	-230	-133
Total stockholders' equity attributable to system1, inc	42,683	58,196
Non-controlling interest	-8,423	-4,752
Total stockholders' equity	34,260	53,444
Total liabilities and stockholders' equity	385,160	429,249

Unit: Thousand (K) dollars