v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash $ 730 $ 11
Accounts receivable, net 5,771 2,762
Inventories 12,167 9,635
Prepaid expenses 203 150
Other current assets 242 242
Total current assets 19,113 12,800
Long-term Assets:    
Property and equipment, net 1,703 1,594
Goodwill 26,030 23,286
Other intangible assets 359 48
Right of use assets 3,879 2,068
Deferred tax asset 7,178 7,178
Other long-term assets 221 247
Total long-term assets 39,370 34,421
Total Assets 58,483 47,221
Current Liabilities:    
Accrued expenses 1,325 394
Line of credit 8,271 6,259
Current portion of long-term debt 3,724 1,855
Current portion, lease liability 1,224 738
Total current liabilities 20,020 12,550
Long-term liabilities:    
Accrued related party management fee 445 351
Long term debt, net of current portion 7,229 6,323
Lease liability, net of current portion 2,807 1,437
Earn-out payable 825 0
Total long-term liabilities 11,306 8,111
Total Liabilities 31,326 20,661
Equity:    
Common Stock 3 0
Additional paid-in capital 226,436 193,044
Accumulated deficit (201,249) (196,102)
Total Equity 27,157 (3,058)
Total Liabilities, TotalStone, LLC Preferred Units & Equity 58,483 47,221
Class B Preferred Units [Member]    
Long-term liabilities:    
Temporary Equity, Carrying Amount 0 28,475
Special Preferred Units [Member]    
Long-term liabilities:    
Temporary Equity, Carrying Amount 0 1,143
Series B Preferred Stock [Member]    
Equity:    
Preferred stock 30 0
Series Z Preferred Stock [Member]    
Equity:    
Preferred stock 1,937
Nonrelated Party [Member]    
Current Liabilities:    
Accounts payable $ 5,476 $ 3,304