$SHIP Balance Sheet | Understand Stock

$SHIP

$15.92 -$0.07 (0.44%) Close

$SHIP Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Balance Sheets

In millions of USD, except per-share amounts

	Q4 FY2025 As of Dec 31, 2025	Q4 FY2024 As of Dec 31, 2024	Q4 FY2023 As of Dec 31, 2023	Q4 FY2022 As of Dec 31, 2022	Q4 FY2021 As of Dec 31, 2021	Q4 FY2020 As of Dec 31, 2020	Q4 FY2019 As of Dec 31, 2019	Q4 FY2018 As of Dec 31, 2018	Q4 FY2017 As of Dec 31, 2017	Q4 FY2016 As of Dec 31, 2016	Q4 FY2015 As of Dec 31, 2015	Q4 FY2014 As of Dec 31, 2014	Q4 FY2013 As of Dec 31, 2013
ASSETS
Current assets:
Cash and cash equivalents
Term deposits
Restricted cash
Accounts receivable trade, net
Related Party
Nonrelated Party
Total accounts receivable trade, net
Inventories
Prepaid expenses and other current assets
Prepaid expenses
Due from related parties
Assets held for sale
Other current assets
Deferred charges
Vessels held for sale
Deferred voyage expenses
Intangible assets
Foreign exchange forward contract
Total current assets

Fixed assets:
Vessels, net
Office equipment, net
Vessels under construction
Advances for vessel acquisition
Finance lease, right-of-use asset
Other fixed assets, net
Total fixed assets

Other non-current assets:
Deposits assets, non-current
Deferred charges, non-current
Deferred charges and other investments, non-current
Intangible assets, non-current
Restricted cash, non-current
Operating lease, right-of-use asset
Investment in equity securities
Other non-current assets

TOTAL ASSETS
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Current portion of long-term debt and other financial liabilities, net of deferred finance costs and debt discounts of $1,963 and $1,627, respectively
Finance lease liability, current
Debt related to assets held for sale, net of deferred finance costs of $NIL and $110, respectively
Current portion of convertible notes, net of deferred finance costs and debt discounts of $NIL and $332, respectively
Liability from contract with related party
Trade accounts and other payables
Due to related parties, net of deferred finance costs of $NIL and $113, respectively
Accrued liabilities
Accrued interest
Financial instruments
Operating lease liability, current
Deferred revenue
Other current liabilities
United
Nonrelated Party
Total other current liabilities
Total current liabilities

Non-current liabilities:
Long-term debt and other financial liabilities, net of current portion and deferred finance costs and debt discounts of $1,835 and $2,237, respectively
Due to related parties, non-current, net of deferred finance costs of NIL and NIL, respectively
Convertible notes, non-current, net of current portion and deferred finance costs and debt discounts of $NIL and $1,597, respectively
Operating lease liability, non-current
Deferred revenue, non-current
Other liabilities, non-current

Total liabilities
Commitments and contingencies
STOCKHOLDERS' EQUITY
Preferred stock, $0.0001 par value; 25,000,000 shares authorized; 20,000 and 20,000 shares issued and outstanding as at December 31, 2025 and 2024, respectively
Common stock, $0.0001 par value; 500,000,000 authorized shares as at December 31, 2025 and 2024; 21,114,098 and 20,374,165 shares issued and outstanding as at December 31, 2025 and 2024, respectively
Additional paid-in capital
Accumulated deficit
Total stockholders' equity
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

Comments