Company: LDWY
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001558370-25-007580
Chunk: 2

Company: LENDWAY, INC.
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 payable​​ 3,491,000​​ —​Current liabilities related to discontinued operations​  23,000​  33,000​Total current liabilities​  13,532,000​  7,812,000​Long-term liabilities:​   ​   ​Operating lease liabilities, net of current portion​  32,134,000​  32,416,000​Finance lease liabilities, net of current portion​  43,000​  44,000​Long-term debt, net​  34,665,000​  36,608,000​Related party note payable​  —​  3,569,000​Deferred tax liabilities, net​  7,572,000​  7,642,000​Total Long-term liabilities​  74,414,000​  80,279,000​Commitments and contingencies (Note 13)​   ​   ​Stockholders’ equity​   ​   ​Common stock, par value $0.01:​   ​   ​Authorized shares - 5,714,000​   ​   ​Issued and outstanding shares - 1,770,000 and 1,770,000 at March 31, 2025 and December 31, 2024, respectively​  17,000​  17,000​Additional paid-in capital​  16,261,000​  16,236,000​Accumulated other comprehensive income (loss)​  9,000​  (9,000)​Accumulated deficit​  (5,955,000)​  (6,404,000)​Total stockholders’ equity attributable to Lendway, Inc.​  10,332,000​  9,840,000​Equity from noncontrolling interest​  2,236,000​  2,054,000​Total Stockholders’ equity​  12,568,000​  11,894,000​Total Liabilities and Stockholders’ equity​$ 100,514,000​$ 99,985,000​

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See accompanying notes to the condensed consolidated financial statements.