Star Equity Holdings, Inc. (STRRP) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
53 FOREST AVENUE OLD GREENWICH, CT 06870 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7363 - Help Supply Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 17,011 | 22,611 | 27,123 | 21,714 | 25,806 | 31,190 | |||
| Cash and cash equivalent | 17,011 | 22,611 | 27,123 | 21,714 | 25,806 | 31,190 | |||
| Short-term investments | |||||||||
| Restricted cash and investments | 476 | 354 | 160 | 222 | 152 | ||||
| Receivables | 20,093 | 19,710 | 26,270 | 25,748 | 13,445 | 12,795 | |||
| Inventory, net of allowances, customer advances and progress billings | |||||||||
| Inventory | |||||||||
| Other undisclosed current assets | 2,560 | 3,172 | 1,959 | 1,476 | 889 | 952 | |||
| Total current assets: | 40,140 | 45,847 | 55,512 | 49,160 | 40,292 | 44,937 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,024 | 1,431 | 685 | 477 | 210 | ||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 242 | 421 | 673 | 371 | 115 | 186 | |||
| Long-term investments and receivables | |||||||||
| Long-term investments | |||||||||
| Accounts and financing receivable, after allowance for credit loss | |||||||||
| Intangible asset, including goodwill, after accumulated amortization | 8,194 | 9,377 | 9,391 | 9,707 | 3,488 | ||||
| Goodwill | 5,703 | 5,749 | 4,875 | 4,219 | 2,088 | ||||
| Intangible asset, excluding goodwill, after accumulated amortization | 2,491 | 3,628 | 4,516 | 5,488 | 1,400 | ||||
| Restricted cash and investments | 180 | 205 | 194 | 177 | 241 | 380 | |||
| Deferred income tax assets | 2,648 | 3,360 | 1,475 | 1,345 | 1,037 | ||||
| Other noncurrent assets | 155 | 317 | 12 | 5 | 3 | 7 | |||
| Other undisclosed noncurrent assets | 1,194 | ||||||||
| Total noncurrent assets: | 12,443 | 15,111 | 12,430 | 12,082 | 5,094 | 1,767 | |||
| TOTAL ASSETS: | 52,583 | 60,958 | 67,942 | 61,242 | 45,386 | 46,704 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 6,293 | 5,503 | 8,026 | 19,330 | 9,817 | 9,242 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 10,961 | ||||
| Accounts payable | 1,789 | 868 | 1,678 | 871 | 576 | 1,064 | |||
| Accrued liabilities | 4,504 | 4,635 | 6,348 | 7,498 | 9,241 | 8,178 | |||
| Deferred revenue | |||||||||
| Debt | 1,250 | 192 | |||||||
| Other undisclosed current liabilities | 4,929 | 5,707 | 11,846 | 363 | 246 | ||||
| Total current liabilities: | 11,222 | 11,210 | 21,122 | 19,693 | 10,009 | 9,488 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,368 | 22 | |||||||
| Long-term debt, excluding current maturities | 1,250 | ||||||||
| Liabilities, other than long-term debt | 933 | 1,194 | 1,028 | 865 | 1,075 | 1,022 | |||
| Accounts payable and accrued liabilities | |||||||||
| Liability for uncertainty in income taxes | 93 | 87 | 81 | 470 | 887 | 845 | |||
| Other liabilities | 399 | 443 | 599 | 395 | 188 | 177 | |||
| Operating lease, liability | 441 | 664 | 348 | 118 | 22 | ||||
| Other undisclosed noncurrent liabilities | 160 | ||||||||
| Total noncurrent liabilities: | 933 | 1,194 | 1,028 | 2,233 | 1,097 | 1,182 | |||
| Total liabilities: | 12,155 | 12,404 | 22,150 | 21,926 | 11,106 | 10,670 | |||
| Equity | |||||||||
| Equity, attributable to parent | 40,428 | 48,554 | 45,792 | 39,316 | 34,280 | 36,034 | |||
| Preferred stock | |||||||||
| Common stock | 4 | 4 | 4 | 4 | 4 | 4 | |||
| Treasury stock, value | (21,051) | (17,949) | (16,746) | (15,329) | (15,325) | (13,072) | |||
| Additional paid in capital | 494,209 | 493,036 | 491,567 | 489,249 | 486,825 | 486,088 | |||
| Accumulated other comprehensive income (loss) | (2,717) | (1,290) | (1,639) | (85) | 526 | (479) | |||
| Accumulated deficit | (430,017) | (425,247) | (427,394) | (434,523) | (437,750) | (436,507) | |||
| Total equity: | 40,428 | 48,554 | 45,792 | 39,316 | 34,280 | 36,034 | |||
| TOTAL LIABILITIES AND EQUITY: | 52,583 | 60,958 | 67,942 | 61,242 | 45,386 | 46,704 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 140,056 | 161,338 | 200,917 | 169,207 | 101,448 | 93,811 | ||
| Cost of revenue (Cost of Product and Service Sold) | (50,245) | |||||||
| Gross profit: | 140,056 | 161,338 | 200,917 | 169,207 | 101,448 | 43,566 | ||
| Operating expenses | (143,865) | (159,955) | (191,580) | (164,813) | (104,094) | (95,472) | ||
| Other undisclosed operating income | 50,245 | |||||||
| Operating income (loss): | (3,809) | 1,383 | 9,337 | 4,394 | (2,646) | (1,661) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (21) | 813 | 40 | (83) | 463 | (338) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,475 | 617 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (3,830) | 2,196 | 9,377 | 4,311 | (708) | (1,382) | ||
| Other undisclosed income from continuing operations before income taxes | 360 | 372 | 83 | 33 | ||||
| Income (loss) from continuing operations before income taxes: | (3,470) | 2,568 | 9,460 | 4,344 | (708) | (1,382) | ||
| Income tax expense (benefit) | (1,300) | (370) | (2,331) | (1,117) | (535) | 540 | ||
| Income (loss) from continuing operations: | (4,770) | 2,198 | 7,129 | 3,227 | (1,243) | (842) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 3,227 | (1,243) | (842) | |
| Net income (loss): | (4,770) | 2,198 | 7,129 | 3,227 | (1,243) | (842) | ||
| Other undisclosed net loss attributable to parent | (113) | |||||||
| Net income (loss) attributable to parent: | (4,770) | 2,198 | 7,129 | 3,227 | (1,243) | (955) | ||
| Preferred stock dividends and other adjustments | ||||||||
| Net income (loss) available to common stockholders, diluted: | (4,770) | 2,198 | 7,129 | 3,227 | (1,243) | (955) | ||
Comprehensive Income ($ in thousands)
| 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (4,770) | 2,198 | 7,129 | 3,227 | (1,243) | (842) | ||
| Other comprehensive income (loss) | (1,427) | 349 | (1,554) | (611) | 1,005 | 127 | ||
| Comprehensive income (loss): | (6,197) | 2,547 | 5,575 | 2,616 | (238) | (715) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (113) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (6,197) | 2,547 | 5,575 | 2,616 | (238) | (828) | ||
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.