TLS: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, TLS has $164,281K in assets. $44,606K in debts. $59,050K 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	59,050	56,998
Accounts receivable, net	20,423	19,105
Inventories, net	3,378	4,176
Prepaid expenses	12,825	15,772
Deferred program expenses	5,882	5,860
Other current assets	1,274	865
Total current assets	102,832	102,776
Property and equipment, net	3,489	3,477
Finance lease right-of-use assets, net	4,476	4,781
Operating lease right-of-use assets, net	464	518
Goodwill	17,922	17,922
Intangible assets, net	31,246	31,568
Other assets	3,852	4,000
Total assets	164,281	165,042

Other current liabilities	-	1,597
Accounts payable	2,779	-
Accrued liabilities	7,140	-
Accrued compensation and benefits	11,402	8,636
Contract liabilities	13,732	12,951
Accounts payable and other accrued liabilities	-	13,375
Finance lease obligations current portion	1,993	1,954
Operating lease obligations current portion	226	220
Total current liabilities	37,272	38,733
Finance lease obligations non-current portion	6,132	6,650
Operating lease obligations non-current portion	246	305
Deferred income taxes	854	840
Other liabilities	102	101
Total liabilities	44,606	46,629
Common stock, 0.001 par value, 250,000,000 shares authorized, 72,220,048 shares and 72,514,652 shares issued and outstanding as of september30, 2025, and december31, 2024, respectively	111	111
Additional paid-in capital	467,191	463,816
Accumulated other comprehensive loss	-45	-46
Accumulated deficit	-347,582	-345,468
Total stockholders equity	119,675	118,413
Total liabilities and stockholders equity	164,281	165,042