v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 213,764 $ 242,082
Accounts receivable 106,397 79,681
Prepayment and other current assets 56,753 44,822
Total current assets 376,914 366,585
Property, plant and equipment, net 29 17
Intangible assets, net 42,445 34,734
Unamortized produced content, net 17 17
Right-of-use assets 190 261
Other non-current assets 4 77
Total non-current assets 42,685 35,106
TOTAL ASSETS 419,599 401,691
Current liabilities:    
Short-term bank loans 1,474 6,435
Accounts payable 3,830 2,744
Contract liabilities 1 1
Accrued liabilities and other payables 460 444
Other taxes payable 21,644 19,285
Lease liabilities current 34 127
Total current liabilities 30,196 31,789
Lease liabilities non-current 117 134
Total non-current liabilities 117 134
TOTAL LIABILITIES 30,313 31,923
Shareholders’ Equity    
Preferred shares (par value of $0.0001 per share; 2,000,000 shares authorized as of June 30, 2026 and December 31, 2025; nil and nil shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively)
Additional paid-in capital 137,691 137,734
Statutory reserve 1,411 1,411
Retained earnings 240,807 232,745
Accumulated other comprehensive income (loss) 9,012 (2,441)
TOTAL CHEER HOLDING, INC SHAREHOLDERS’ EQUITY 389,198 369,683
Non-controlling interest 88 85
TOTAL SHAREHOLDERS’ EQUITY 389,286 369,768
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 419,599 401,691
Class A Ordinary Shares    
Shareholders’ Equity    
Ordinary shares value [1] 277 234
Class B Ordinary Shares    
Shareholders’ Equity    
Ordinary shares value [2] 0 0
Related Party    
Current liabilities:    
Due to related parties $ 2,753 $ 2,753
[1] The shares and per share information are presented on a retroactive basis to reflect the share consolidation of Class A at a ratio of one-for-third (3) effective on April 7, 2026 (Note 1).
[2] Less than 1,000.