Company: HGBL
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0000950170-25-038691
Chunk: 16

Company: Heritage Global Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 15
Chunk 16
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208

    2,539

    Property and equipment, net

    1,643

    1,705

    Intangible assets, net

    3,362

    3,753

    Goodwill

    7,446

    7,446

    Deferred tax assets

    6,008

    9,115

    Other assets

    64

    67

    Total assets
     
    $
    81,309

    $
    83,168

    LIABILITIES AND STOCKHOLDERS’ EQUITY

    Current liabilities:

    Accounts payable and accrued liabilities
     
    $
    5,979

    $
    7,237

    Payables to sellers

    7,417

    4,975

    Current portion of third party debt

    395

    1,733

    Current portion of lease liabilities

    807

    789

    Total current liabilities

    14,598

    14,734

    Non-current portion of third party debt

    —

    5,495

    Non-current portion of lease liabilities

    1,510

    1,859

    Total liabilities

    16,108

    22,088

    Commitments and contingencies (Note 12 and Note 15)

    Stockholders’ equity:

    Preferred stock, $10.00 par value, authorized 10,000,000 shares; issued and outstanding 563 shares of Series N as of both December 31, 2024 and December 31, 2023, with liquidation preference over common stockholders equivalent to $1,000 per share

    6

    6

    Common stock, $0.01 par value, authorized 300,000,000 shares; issued37,380,944 and 37,157,616 shares as of December 31, 2024 and December31, 2023, respectively; and outstanding 35,718,361 and 36,761,441 sharesas of December 31, 2024 and December 31, 2023, respectively

    374

    372

    Additional paid-in capital

    295,657

    294,522

    Accumulated deficit

    (227,844
    )

    (233