v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 7,312 $ 25,314
Restricted cash 1,265 526
Prepaid expenses and other current assets 13,128 11,372
Total current assets 21,705 37,212
Loans held for investment, at fair value 259,884 281,671
Rental vehicles, net 39,803 28,207
Property and equipment, net 564 572
Operating lease right-of-use assets 5,392 5,084
Intangible assets 376,072 359,022
Other non-current assets 1,473 1,264
Total assets 704,893 713,032
Current liabilities:    
Accrued expenses and other current liabilities 7,202 5,968
Service fee payable 0 1,912
Management fee payable - related party 2,216 5,929
Operating lease liabilities, current portion 779 410
Current portion of long-term borrowings 5,489 4,806
Total current liabilities 15,686 19,025
Deferred tax liability, net 50,658 54,140
Long-term borrowings, net of current portion 43,982 37,172
Operating lease liabilities, net of current portion 4,694 4,733
Other liabilities 1,729 1,692
Total liabilities 116,749 116,762
Commitments and contingencies (See Note 12)
Stockholders' equity:    
Common stock, value 7 7
Additional paid-in capital 287,786 287,786
Retained earnings 198,669 204,106
Total Marblegate Capital Corporation stockholders' equity 486,462 491,899
Noncontrolling interests 101,682 104,371
Total stockholders' equity 588,144 596,270
Total liabilities and stockholders' equity $ 704,893 $ 713,032