v3.26.1
CONDENSED BALANCE SHEETS of C.C. CARLTON INDUSTRIES, LTD. - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 0 $ 0
Contract assets classified as:    
PROPERTY AND EQUIPMENT, NET 5 0
OTHER ASSETS    
Total assets 5 0
Accounts payable    
Accrued expenses 2,400 1,412
Contract liabilities classified as:    
Total current liabilities 2,400 1,412
NONCURRENT LIABILITIES    
Total liabilities 2,400 1,412
PARTNERS' CAPITAL    
Total liabilities and stockholders' deficit 5 0
C.C. Carlton Industries, Ltd.    
CURRENT ASSETS    
Cash and cash equivalents 13,259 15,634
Accounts receivable    
Contracts receivable 17,864 25,505
Retainage receivable - closed contracts 3,619 6,765
Accounts receivable 21,483 32,270
Contract assets classified as:    
Costs and estimated earnings in excess of billings on contracts in progress 13,426 2,738
Retainage receivable - open contracts 15,434 11,884
Other current assets 397  
TOTAL CURRENT ASSETS 63,999 62,526
PROPERTY AND EQUIPMENT, NET 23,981 23,883
OTHER ASSETS    
Due from related party, net 267 568
Other non-current assets 92 100
Finance right-of-use assets, net 4,830 5,873
Operating right-of-use assets, net 1,512 1,761
Total assets 94,681 94,711
Accounts payable    
Trade 35,189 34,981
Retainage payable - closed contracts 3,420 6,398
Accounts payable 38,609 41,379
Accrued expenses 2,252 1,058
Notes payable - current portion 2,040 1,849
Lines of credit - current portion 5,533  
Finance lease obligation - current maturities 1,599 1,878
Operating lease obligation - current maturities 939 1,124
Contract liabilities classified as:    
Billings in excess of costs and estimated earnings on contracts in progress 1,809 2,819
Retainage payable - open contracts 8,150 3,547
Contract liabilities 9,959 6,366
Total current liabilities 60,931 53,654
NONCURRENT LIABILITIES    
Notes payable 3,234 3,251
Lines of credit 17,683 19,067
Noncurrent finance lease obligation 2,472 3,007
Noncurrent operating lease obligation 654 744
Total liabilities 84,974 79,723
PARTNERS' CAPITAL    
Limited Partners 9,370 14,468
General Partner 337 520
TOTAL PARTNERS' CAPITAL 9,707 14,988
Total liabilities and stockholders' deficit $ 94,681 $ 94,711