v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
TOTAL ASSETS $ 0 $ 0
Current liabilities:    
Current income taxes payable 0 0
NON-CURRENT LIABILITIES    
Commitments and contingencies (See note 11)
MEMBERS' DEFICIT    
Total member's interest / deficit 0 0
TOTAL LIABILITIES AND MEMBER'S INTEREST 0 0
Lea & Eddy Holdings, LLC    
Current assets:    
Cash and cash equivalents 4,118,000 9,042,000
Accounts receivable, net 14,934,000 13,096,000
Inventory 308,000 310,000
Prepaid expenses and other current assets 8,499,000 8,765,000
Total current assets 27,859,000 31,213,000
Property, plant and equipment, net 55,105,000 55,586,000
Right of use assets, net 1,636,000 1,565,000
Intangible assets, net 187,806,000 191,240,000
Net investment in sales-type lease 3,225,000  
Deferred offering costs 4,878,000 1,459,000
Other noncurrent assets 1,149,000 947,000
TOTAL ASSETS 281,658,000 282,010,000
Current liabilities:    
Accounts payable 6,161,000 4,433,000
Accounts payable - related party 1,780,000 2,684,000
Accrued liabilities 3,293,000 2,909,000
Current income taxes payable 149,000 42,000
Current deferred revenue 169,000 533,000
Current operating lease liability 608,000 492,000
Total current liabilities 19,060,000 17,131,000
NON-CURRENT LIABILITIES    
Operating lease liability, less current portion 994,000 1,019,000
Deferred tax liability, net 10,835,000 10,852,000
Deferred revenue, less current portion 99,000 94,000
Long-term debt - related party, less current portion 289,022,000 294,629,000
Total non-current liabilities 300,950,000 306,594,000
Commitments and contingencies (See note 11)
MEMBERS' DEFICIT    
Common units (2,095 units authorized and 1,195 units outstanding as of March 31, 2026 and December 31, 2025) 14,016,000 14,016,000
Accumulated deficit (70,783,000) (74,146,000)
Total member's interest / deficit (38,352,000) (41,715,000)
TOTAL LIABILITIES AND MEMBER'S INTEREST 281,658,000 282,010,000
Lea & Eddy Holdings, LLC | Members' Interests    
MEMBERS' DEFICIT    
Additional paid in capital - members' interests (1,000) (1,000)
Lea & Eddy Holdings, LLC | Warrants    
MEMBERS' DEFICIT    
Additional paid in capital - warrants - related party 18,416,000 18,416,000
Lea & Eddy Holdings, LLC | Related Party    
Current assets:    
Accounts receivable, net 0 0
Current liabilities:    
Current debt - related party 6,900,000 6,038,000
NON-CURRENT LIABILITIES    
Long-term debt - related party, less current portion $ 289,022,000 $ 294,629,000