GIFI · As filed with the SEC
Gulf Island Fabrication balance sheet, by fiscal year
The statement as Gulf Island Fabrication presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED BALANCE SHEETS · USD
| USD | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| Current assets: | ||||
| Cash and cash equivalents | 27,284,000 | 38,176,000 | 33,221,000 | 52,886,000 |
| Restricted cash | 1,197,000 | 1,475,000 | 1,603,000 | 1,297,000 |
| Short-term investments | 38,784,000 | 8,233,000 | 9,905,000 | — |
| Contract receivables and retainage, net | 22,487,000 | 36,298,000 | 29,427,000 | 15,986,000 |
| Contract assets | 8,611,000 | 2,739,000 | 4,839,000 | 4,759,000 |
| Prepaid expenses and other assets | 5,139,000 | 6,994,000 | 6,475,000 | 6,971,000 |
| Inventory | 1,907,000 | 2,072,000 | 1,599,000 | 1,779,000 |
| Assets held for sale | — | — | — | 1,800,000 |
| Assets held for sale | — | 5,640,000 | — | — |
| Total current assets | 105,409,000 | 101,627,000 | 87,069,000 | 85,478,000 |
| Restricted cash, noncurrent | — | — | — | 406,000 |
| Property, plant and equipment, net | 24,051,000 | 23,145,000 | 31,154,000 | 32,866,000 |
| Goodwill | 2,217,000 | 2,217,000 | 2,217,000 | 2,217,000 |
| Other intangibles, net | 557,000 | 700,000 | 842,000 | 984,000 |
| Other noncurrent assets | 982,000 | 739,000 | 13,584,000 | 13,322,000 |
| Total assets | 133,216,000 | 128,428,000 | 134,866,000 | 135,273,000 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||
| Current liabilities: | ||||
| Accounts payable | 5,801,000 | 8,466,000 | 8,310,000 | 9,280,000 |
| Contract liabilities | 1,278,000 | 5,470,000 | 8,196,000 | 6,648,000 |
| Accrued expenses and other liabilities | 13,180,000 | 14,836,000 | 14,283,000 | 14,026,000 |
| Long-term debt, current | 1,117,000 | 1,075,000 | — | — |
| Total current liabilities | 21,376,000 | 29,847,000 | 30,789,000 | 29,954,000 |
| Long-term debt, noncurrent | 17,888,000 | 18,925,000 | — | — |
| Other noncurrent liabilities | 850,000 | 685,000 | 1,453,000 | 1,411,000 |
| Total liabilities | 40,114,000 | 49,457,000 | 32,242,000 | 31,365,000 |
| Shareholders’ equity: | ||||
| Common stock, no par value, 30,000 shares authorized, 16,346 issued and outstanding at December 31, 2024 and 16,258 at December 31, 2023 | 11,669,000 | 11,729,000 | 11,591,000 | 11,384,000 |
| Additional paid-in capital | 108,065,000 | 108,615,000 | 107,372,000 | 105,511,000 |
| Accumulated deficit | (26,632,000) | (41,373,000) | (16,339,000) | (12,987,000) |
| Total shareholders’ equity | 93,102,000 | 78,971,000 | 102,624,000 | 103,908,000 |
| Total liabilities and shareholders’ equity | 133,216,000 | 128,428,000 | 134,866,000 | 135,273,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.