TWFG: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, TWFG has $349,171K in assets. $53,426K in debts. $150,985K 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	150,985	159,827
Restricted cash	11,557	11,174
Commissions receivable, net	27,529	25,234
Accounts receivable	8,169	9,353
Other current assets, net	13,087	2,937
Total current assets	211,327	208,525
Balance, end of period	173,977	-
Accumulated amortization	44,591	-
Intangible assets, net	129,386	125,901
Property and equipment, net	3,209	3,263
Lease right-of-use assets, net	4,515	4,381
Other non-current assets	734	779
Total assets	349,171	342,849

Commissions payable	15,897	16,223
Carrier liabilities	14,074	15,225
Operating lease liabilities, current	1,393	1,355
Short-term bank debt	1,956	1,942
Deferred acquisition payable, current	2,508	1,954
Other current liabilities	9,309	8,695
Total current liabilities	45,137	45,394
Operating lease liabilities, net of current portion	3,135	3,008
Long-term bank debt	2,534	3,028
Deferred acquisition payable, non-current	2,620	2,448
Other non-current liabilities	0	0
Total liabilities	53,426	53,878
Redeemable noncontrolling interest	11,427	9,761
Common stock-Common Class A	150	149
Common stock-Common Class B	0	0
Common stock-Common Class C	0	0
Additional paid-in capital	58,869	59,889
Retained earnings	20,305	18,583
Accumulated other comprehensive income	40	52
Total stockholders' equity attributable to twfg, inc	79,364	78,673
Noncontrolling interests	204,954	200,537
Total stockholders' equity	284,318	279,210
Total liabilities, redeemable noncontrolling interest and equity	349,171	342,849

Unit: Thousand (K) dollars