HGBL · XBRL financial data

Heritage Global financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (HGBL's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	26,183	25,792	46,914	60,545	45,361	50,978
Cost of revenue	—	—	—	—	—	37,000
Selling, general and administrative	14,449	14,811	21,326	26,040	24,266	24,972
Operating income (loss)	6,059	3,014	11,120	14,319	9,066	5,711
Income tax expense (benefit)	(3,644)	(61)	(4,486)	1,520	3,791	2,258
Net income (loss)	9,658	3,053	15,493	12,475	5,182	3,587
Earnings per share, basic USD per share	0.32	0.09	0.43	0.34	0.14	0.10
Earnings per share, diluted USD per share	0.30	0.08	0.42	0.33	0.14	0.10
Weighted average shares, basic thousands of shares	30,200	35,459	36,017	36,677	36,430	34,835
Weighted average shares, diluted thousands of shares	32,708	36,901	37,097	37,587	37,131	35,435

Fiscal years (HGBL's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	23,385	13,622	12,667	12,279	21,749	20,522
Accounts receivable	1,496	2,732	988	1,910	1,559	1,857
Inventory	235	3,220	4,619	5,074	5,348	5,931
Prepaid and other current assets	498	1,456	1,113	448	1,056	756
Total current assets	26,952	23,284	23,892	26,292	33,128	33,594
Property and equipment, net	130	1,471	1,571	1,705	1,643	10,884
Right-of-use asset	963	2,694	2,776	2,539	2,208	1,518
Goodwill	5,585	7,446	7,446	7,446	7,446	7,446
Total assets	44,555	50,464	67,560	83,168	81,309	88,439
Total current liabilities	13,989	14,224	16,226	14,734	14,598	15,537
Lease liability, non-current	623	2,249	2,164	1,859	1,510	790
Total liabilities	14,612	17,825	19,261	22,088	16,108	21,456
Accumulated deficit	(263,816)	(260,763)	(245,270)	(233,026)	(227,844)	(224,257)
Total stockholders' equity	29,943	32,639	48,299	61,080	65,201	66,983
Total liabilities and equity	44,555	50,464	67,560	83,168	81,309	88,439
Common shares outstanding (cover page) thousands of shares	35,356	36,599	36,932	37,158	35,495	34,742

Fiscal years (HGBL's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	9,658	3,053	15,493	12,475	5,182	3,587
Stock-based compensation	353	408	540	776	1,253	900
Net cash from operating activities	9,148	(2,631)	6,483	13,021	7,745	6,137
Purchases of property and equipment	7	1,425	215	257	137	8,470
Net cash from investing activities	4,508	(10,197)	(7,516)	(15,869)	10,873	(9,391)
Proceeds from issuing common stock	7,541	0	—	—	—	—
Share repurchases	—	0	395	400	2,198	2,627
Net cash from financing activities	7,001	3,065	78	2,460	(9,148)	2,027

SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Heritage Global	13,179	12,265	1,617*	34.6M	—	Q2 FY26 10-QJun 30, 2026
FiscalNote Holdings	17,953	19,581	(2,125)*	not reported	9.4 quarters	Q2 FY26 10-QJun 30, 2026
Emerald Holding	121,100	155,400	28,700	197.9M	—	Q1 FY26 10-QMar 31, 2026
Bridger Aerospace Group Holdings	7,241	30,494	(15,705)*	58.8M	0.5 quarters	Q2 FY26 10-QJun 30, 2026
Getty Images Holdings	51,621	229,098	(108,726)*	421.0M	0.5 quarters	Q2 FY26 10-QJun 30, 2026
Research Solutions	12,630	12,081*	1,775*	33.8M	—	Q4 FY26 10-KJun 30, 2026
Datavault AI	1,400	6,717	(71,236)*	949.7M	0.0 quarters	Q2 FY26 10-QJun 30, 2026
Dhi Group	3,769	31,341	6,098*	43.4M	—	Q2 FY26 10-QJun 30, 2026
American Well	180,786	48,991	(11,668)*	not reported	277.1 quarters	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.