v3.26.1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 206,814 $ 250,280
Accounts receivable, net of allowance for credit losses of $2,881 and $1,676, respectively 213,567 123,418
Loans and notes receivable from related parties, net of allowance for credit losses of $2,659 and $2,513, respectively $ 112 $ 473
Financing Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration] Related Party Related Party
Investments in held-to-maturity debt securities, current $ 5,098 $ 8,179
Prepaid expenses and other current assets 28,196 29,688
Total current assets 453,787 412,038
Loans and notes receivable from related parties, net of allowance for credit losses of $8,076 and $8,222, respectively 367 440
Property and equipment, net 38,976 35,695
Operating lease right-of-use assets 80,502 82,104
Intangible assets, net 2,644 2,543
Goodwill 30,078 30,078
Other assets 2,216 2,242
Total assets 608,570 565,140
Current liabilities:    
Accounts payable and other accrued expenses 11,793 11,998
Accrued payroll and benefits 49,544 46,332
Deferred revenue 22,052 12,522
Distributions payable to related parties 34,635 52,745
Operating lease liabilities, current 7,212 3,958
Notes payable to related parties, current portion $ 57,467 $ 62,340
Notes Payable, Current, Related Party [Extensible Enumeration] Related Party Related Party
Other current liabilities $ 9,620 $ 5,912
Total current liabilities 192,323 195,807
Operating lease liabilities, noncurrent 104,917 106,448
Notes payable to related parties, less current portion $ 279,032 $ 287,745
Notes Payable, Noncurrent, Related Party [Extensible Enumeration] Related Party Related Party
Other liabilities $ 3,603 $ 3,517
Total liabilities 579,875 593,517
Commitments and contingencies (Note 16)
Redeemable noncontrolling interest (Note 11) 0 106,354
Stockholders' equity (deficit):    
Preferred stock, par value $0.0001 per share: 100,000,000 shares authorized, no shares issued and outstanding as of March 31, 2026 and December 31, 2025 0 0
Additional paid-in-capital 404 0
Accumulated deficit (780,501) (134,742)
Total stockholders' deficit attributable to Andersen Group Inc. (780,086) (134,731)
Noncontrolling interest (Note 11) 808,781 0
Total stockholders' equity (deficit) 28,695 (134,731)
Total liabilities, redeemable noncontrolling interest and stockholders' equity 608,570 565,140
Class A Common Stock    
Stockholders' equity (deficit):    
Common stock, value 1 1
Class B Common Stock    
Stockholders' equity (deficit):    
Common stock, value $ 10 $ 10

Source

10-Q XBRL Zip