10-Q
Quarterly Report
Capstone Holding Corp.
CAPS
NASDAQ
CIK: 887151
File #: 001-41775
Balance Sheet
46 line items · 2 periods
XBRL
| Item | Mar 31, 2025 | Dec 31, 2024 |
|---|---|---|
Current Assets: | ||
Cash | 1,744,000 | 11,000 |
Accounts receivable, net | 4,518,000 | 2,762,000 |
Inventories | 9,783,000 | 9,635,000 |
Prepaid expenses | 420,000 | 150,000 |
Other current assets | 242,000 | 242,000 |
Total current assets | 16,707,000 | 12,800,000 |
Long-term Assets: | ||
Property and equipment, net | 1,529,000 | 1,594,000 |
Goodwill | 23,286,000 | 23,286,000 |
Other intangible assets | 63,000 | 48,000 |
Right of use assets | 3,397,000 | 2,068,000 |
Deferred tax asset | 7,178,000 | 7,178,000 |
Other long-term assets | 48,000 | 247,000 |
Total long-term assets | 35,501,000 | 34,421,000 |
Total Assets | 52,208,000 | 47,221,000 |
Operating Segments - TotalStone | 42,753,000 | — |
Operating Segments - Parent | 10,006,000 | — |
Operating Segments - Eliminations | (552,000) | — |
Operating Segments | 52,207,000 | — |
Current Liabilities: | ||
Accounts payable | 4,383,000 | 3,304,000 |
Accrued expenses | 747,000 | 394,000 |
Line of credit | 7,738,000 | 6,259,000 |
Current portion of long-term debt | 973,000 | 1,855,000 |
Current portion, lease liability | 816,000 | 738,000 |
Total current liabilities | 14,657,000 | 12,550,000 |
Long-term liabilities: | ||
Accrued related party management fee | 351,000 | 351,000 |
Long term debt, net of current portion | 7,541,000 | 6,323,000 |
Lease liability, net of current portion | 2,687,000 | 1,437,000 |
Total long-term liabilities | 10,579,000 | 8,111,000 |
Total Liabilities | 25,236,000 | 20,661,000 |
Class B Preferred Units | — | 28,475,000 |
Special Preferred Units | — | 1,143,000 |
Equity: | ||
Common Stock $0.0005 par value; 50,000,000 and 200,000 shares authorized; 5,190,251 and 157,610 issued as of March 31, 2025 and December 31, 2024, respectively | 3,000 | — |
Additional paid-in capital | 225,504,000 | 193,044,000 |
Accumulated deficit | (198,535,000) | (196,102,000) |
Total Equity | 26,972,000 | (3,058,000) |
Common Stock | 3,000 | — |
Additional Paid-In Capital | 225,504,000 | 193,044,000 |
Retained Earnings (Accumulated Deficit) | (198,535,000) | (196,102,000) |
Class B - Preferred Stock | — | 28,475,000 |
Special Preferred Unit | — | 1,143,000 |
Total Liabilities, TotalStone, LLC. Preferred Units & Equity | 52,208,000 | 47,221,000 |