v3.26.3
Equipment Financing Receivables and Allowance for Credit Losses (Tables)
9 Months Ended
Sep. 30, 2026
Equipment Financing Receivables and Allowance for Credit Losses  
Schedule of financing receivables

 

 

September 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Gross equipment financing receivables

 

$11,531

 

 

$6,543

 

Less: unearned income

 

 

(3,003)

 

 

(1,747)

Less: allowance for credit losses

 

 

(233)

 

 

(157)

Equipment financing receivables, net

 

$8,295

 

 

$4,639

 

 

 

 

 

 

 

 

 

 

Current equipment financing receivables, net

 

$2,861

 

 

$1,416

 

Long-term equipment financing  receivables, net

 

 

5,434

 

 

 

3,223

 

Equipment financing receivables, net

 

$8,295

 

 

$4,639

 

Schedule of financing receivables future contractual maturities

Year ending December 31,

 

 

 

2026 remaining

 

$1,150

 

2027

 

 

4,164

 

2028

 

 

3,110

 

2029

 

 

1,957

 

2030

 

 

966

 

2031 and thereafter

 

 

184

 

Total

 

$11,531

 

Schedule of financing receivables allowance for credit losses

Balance at December 31, 2025

 

$157

 

Allowance acquired in business combination

 

 

68

 

Provision

 

 

54

 

Write-offs

 

 

(54)

Recoveries and other

 

 

-

 

Balance at March 31, 2026

 

$225

 

Provision

 

 

25

 

Write-offs

 

 

(26)

Recoveries and other

 

 

-

 

Balance at June 30, 2026

 

$224

 

Provision

 

 

38

 

Write-offs

 

 

(31)

Recoveries and other

 

 

2

 

Balance at September 30, 2026

 

$233

 

Schedule of aging of receivables

 

 

September 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Past due amounts 0 - 90 days

 

$8,520

 

 

$4,786

 

Past due amounts > 90 days

 

 

8

 

 

 

10

 

Total

 

$8,528

 

 

$4,796

 

Schedule of financing receivables and current period gross write offs

 

 

September 30, 2026

 

 

December 31, 2025

 

 

 

2026

 

 

2025

 

 

2024

 

 

2023

 

 

2022

 

 

Prior

 

 

Total Equipment Financing Receivables

 

 

Total Equipment Financing Receivables

 

United States

 

$2,218

 

 

 

2,966

 

 

 

1,937

 

 

 

1,056

 

 

 

344

 

 

 

7

 

 

$8,528

 

 

$4,796

 

Current period gross write offs

 

$9

 

 

 

26

 

 

 

55

 

 

 

14

 

 

 

7

 

 

 

-

 

 

$111

 

 

$50