Heritage Global Inc. (HGBL) Financial Statements (2026 and earlier)

Company Profile

Business Address 6130 NANCY RIDGE DRIVE
SAN DIEGO, CA 92121
State of Incorp. FL
Fiscal Year End December 31
Industry (SIC) 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments20,52221,74912,27912,66713,62223,385
Cash and cash equivalent20,52221,74912,27912,66713,62223,385
Receivables6,3854,9758,4915,4934,9862,834
Inventory, net of allowances, customer advances and progress billings5,9315,3485,0744,6193,220235
Inventory5,9315,3485,0744,6193,220235
Other undisclosed current assets7561,0564481,1131,456498
Total current assets:33,59433,12826,29223,89223,28426,952
Noncurrent Assets
Operating lease, right-of-use asset1,5182,2082,5392,7762,694963
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization10,8841,6431,7051,5711,471130
Long-term investments and receivables25,95327,45032,25118,2186,4673,150
Long-term investments21,06020,89221,36113,9734,6832,402
Accounts and financing receivable, after allowance for credit loss4,8936,55810,8904,2451,784748
Intangible asset, including goodwill, after accumulated amortization10,54610,80811,19911,59012,0116,271
Goodwill7,4467,4467,4467,4467,4465,585
Intangible asset, excluding goodwill, after accumulated amortization3,1003,3623,7534,1444,565686
Deferred income tax assets4,4026,0089,1159,4494,4884,402
Other noncurrent assets1,54264676449250
Other undisclosed noncurrent assets     2,437
Total noncurrent assets:54,84548,18156,87643,66827,18017,603
TOTAL ASSETS:88,43981,30983,16867,56050,46444,555
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:6,4875,9797,2378,92411,24413,609
Taxes payable✕✕✕✕✕226831
Employee-related liabilities✕✕✕✕✕1,9092,498
Accrued liabilities4,5824,2675,3978,467527559
Other undisclosed accounts payable and accrued liabilities1,9051,7121,8404578,5829,721
Debt  3951,7333,4112,479 
Other liabilities948     
Other undisclosed current liabilities8,1028,2245,7643,891501380
Total current liabilities:15,53714,59814,73416,22614,22413,989
Noncurrent Liabilities
Long-term debt and lease obligation4,100 5,4958713,601623
Long-term debt, excluding current maturities4,100 5,4958711,352 
Liabilities, other than long-term debt1,8191,5101,8592,164  
Other liabilities1,029     
Operating lease, liability7901,5101,8592,1642,249623
Other undisclosed noncurrent liabilities     (2,249)(623)
Total noncurrent liabilities:5,9191,5107,3543,0353,601623
Total liabilities:21,45616,10822,08819,26117,82514,612
Equity
Equity, attributable to parent66,98365,20161,08048,29932,63929,943
Preferred stock666666
Common stock376374372369366353
Treasury stock, value(5,619)(2,992)(794)(395)  
Additional paid in capital296,477295,657294,522293,589293,030293,400
Accumulated deficit(224,257)(227,844)(233,026)(245,270)(260,763)(263,816)
Total equity:66,98365,20161,08048,29932,63929,943
TOTAL LIABILITIES AND EQUITY:88,43981,30983,16867,56050,46444,555

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues112,00045,36160,54546,91425,79226,183
Sales-type lease, revenue112,000     
Cost of revenue(37,000)(14,126)(20,731)(20,910)(7,428)(9,109)
Gross profit:75,00031,23539,81426,00418,36417,074
Operating expenses(25,444)(24,857)(26,554)(21,862)(15,271)(14,811)
Other undisclosed operating income (loss)(43,845)2,6881,0596,978(79)3,796
Operating income:5,7119,06614,31911,1203,0146,059
Interest and debt expense      (30)
Income from continuing operations before equity method investments, income taxes:5,7119,06614,31911,1203,0146,029
Other undisclosed income (loss) from continuing operations before income taxes134(93)(324)(113)(22)(15)
Income from continuing operations before income taxes:5,8458,97313,99511,0072,9926,014
Income tax expense (benefit)(2,258)(3,791)(1,520)4,486613,644
Income from continuing operations:3,5875,18212,47515,4933,0539,658
Income before gain (loss) on sale of properties:✕✕✕✕✕3,0539,658
Net income:3,5875,18212,47515,4933,0539,658
Other undisclosed net loss attributable to parent      
Net income available to common stockholders, diluted:3,5875,18212,47515,4933,0539,658

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:3,5875,18212,47515,4933,0539,658
Comprehensive income, net of tax, attributable to parent:3,5875,18212,47515,4933,0539,658

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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