10-Q
Quarterly Report
Capstone Holding Corp.
CAPS
NASDAQ
CIK: 887151
File #: 001-41775
Balance Sheet
56 line items · 2 periods
XBRL
| Item | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
Current Assets: | ||
Cash | 730,000 | 11,000 |
Accounts receivable, net | 5,771,000 | 2,762,000 |
Inventories | 12,167,000 | 9,635,000 |
Prepaid expenses | 203,000 | 150,000 |
Other current assets | 242,000 | 242,000 |
Total current assets | 19,113,000 | 12,800,000 |
Long-term Assets: | ||
Property and equipment, net | 1,703,000 | 1,594,000 |
Goodwill | 26,030,000 | 23,286,000 |
Business Combination, Series of Individually Immaterial Business Combinations | 2,744,000 | — |
Other intangible assets | 359,000 | 48,000 |
Right of use assets | 3,879,000 | 2,068,000 |
Deferred tax asset | 7,178,000 | 7,178,000 |
Other long-term assets | 221,000 | 247,000 |
Total long-term assets | 39,370,000 | 34,421,000 |
Total Assets | 58,483,000 | 47,221,000 |
Operating Segments - TotalStone | 44,176,000 | 40,468,000 |
Operating Segments - Carolina Stone Holdings | 6,240,000 | — |
Operating Segments - Parent | 11,191,000 | 7,858,000 |
Operating Segments - Eliminations | (3,123,000) | — |
Operating Segments | — | 58,483,000 |
Operating Segments - Eliminations | — | (1,105,000) |
Operating Segments | — | 47,221,000 |
Current Liabilities: | ||
Accounts payable | 5,476,000 | 3,304,000 |
Accrued expenses | 1,325,000 | 394,000 |
Line of credit | 8,271,000 | 6,259,000 |
Current portion of long-term debt | 3,724,000 | 1,855,000 |
Current portion, lease liability | 1,224,000 | 738,000 |
Total current liabilities | 20,020,000 | 12,550,000 |
Long-term liabilities: | ||
Accrued related party management fee | 445,000 | 351,000 |
Long term debt, net of current portion | 7,229,000 | 6,323,000 |
Long-Term Debt | 7,200,000 | — |
Lease liability, net of current portion | 2,807,000 | 1,437,000 |
Earn-out payable | 825,000 | — |
Total long-term liabilities | 11,306,000 | 8,111,000 |
Total Liabilities | 31,326,000 | 20,661,000 |
Class B Preferred Units | — | 28,475,000 |
Special Preferred Units | — | 1,143,000 |
Equity: | ||
Series B Preferred Stock | 30,000 | — |
Series Z Preferred Stock | 1,937,000 | — |
Common Stock $0.0005 par value; 50,000,000 and 200,000 shares authorized; 6,306,203 and 157,610 issued as of September 30, 2025 and December 31, 2024, respectively. | 3,000 | — |
Additional paid-in capital | 226,436,000 | 193,044,000 |
Accumulated deficit | (201,249,000) | (196,102,000) |
Total Equity | 27,157,000 | (3,058,000) |
Common Stock | 3,000 | — |
Series B Preferred Stock | 30,000 | — |
Series Z Preferred Stock | 1,937,000 | — |
Additional Paid-In Capital | 226,436,000 | 193,044,000 |
Retained Earnings (Accumulated Deficit) | (201,249,000) | (196,102,000) |
Preferred Stock | — | 28,475,000 |
TotalStone, LLC Special Preferred Unit | — | 1,143,000 |
Total Liabilities, TotalStone, LLC. Preferred Units & Equity | 58,483,000 | 47,221,000 |