VIASP · As filed with the SEC
Via Renewables balance sheet, by quarter
The statement as Via Renewables 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.
CONDENSED CONSOLIDATED BALANCE SHEETS · USD thousands
| USD thousands | Q1 2026 Mar 31, 2026 | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 |
|---|---|---|---|---|
| Assets | ||||
| Current assets: | ||||
| Cash and cash equivalents | 50,591 | 41,760 | 53,627 | 62,142 |
| Restricted cash | 0 | 1,121 | 2,404 | 4,725 |
| Nonrelated Party | 74,193 | 85,884 | 45,536 | 47,972 |
| Related Party | 5,926 | 6,265 | 4,720 | 3,941 |
| Inventory | 753 | 2,928 | 3,598 | 1,805 |
| Fair value of derivative assets, net | 3,007 | 2,565 | 579 | 2,606 |
| Related Party | 1,200 | 100 | — | — |
| Customer acquisition costs, net | 8,038 | 7,761 | 7,610 | 6,935 |
| Customer relationships, net | 4,205 | 6,955 | 9,342 | 10,727 |
| Deposits | 3,955 | 4,903 | 4,860 | 3,861 |
| Renewable energy credit asset | 29,257 | 25,521 | 26,205 | 24,834 |
| Other current assets | 9,308 | 10,562 | 9,088 | 8,555 |
| Total current assets | 189,233 | 196,225 | 167,569 | 178,103 |
| Related Party | — | 6,265 | — | — |
| Property and equipment, net | 5,916 | 6,447 | 6,305 | 6,444 |
| Fair value of derivative assets, net | 482 | 711 | 697 | 670 |
| Customer acquisition costs, net | 3,171 | 3,101 | 2,734 | 2,216 |
| Customer relationships, net | 83 | 251 | 348 | 669 |
| Deferred tax assets | 1,619 | 1,839 | 4,063 | 4,848 |
| Goodwill | 120,343 | 120,343 | 120,343 | 120,343 |
| Other assets | 2,135 | 2,372 | 2,755 | 3,050 |
| Total assets | 322,982 | 331,289 | 304,814 | 316,343 |
| Liabilities, Series A Preferred Stock and Stockholders' Equity | ||||
| Current liabilities: | ||||
| Nonrelated Party | 29,421 | 40,938 | 22,492 | 26,067 |
| Related Party | 571 | 663 | 606 | 478 |
| Accrued liabilities | 16,693 | 20,243 | 16,296 | 14,579 |
| Renewable energy credit liability | 15,972 | 13,040 | 14,992 | 14,537 |
| Fair value of derivative liabilities, net | 5,191 | — | 1,386 | 375 |
| Nonrelated Party | — | 2,156 | — | — |
| Related Party | — | — | 100 | 100 |
| Other current liabilities | 58 | 58 | 58 | 58 |
| Total current liabilities | 67,906 | 77,098 | 55,830 | 56,094 |
| Related Party | — | 663 | — | — |
| Long-term liabilities: | ||||
| Fair value of derivative liabilities, net | 728 | 55 | 301 | 153 |
| Long-term portion of Senior Credit Facility | 130,000 | 120,000 | 105,000 | 100,000 |
| Subordinated debt—affiliates | — | — | 0 | 0 |
| Total liabilities | 198,634 | 197,153 | 161,131 | 156,247 |
| Series A Preferred Stock, par value $0.01 per share, 20,000,000 shares authorized, 2,094,372 shares issued and outstanding at March 31, 2026 and 2,327,080 shares issued and outstanding at December 31, 2025 | 50,927 | 56,766 | 70,467 | 78,432 |
| Stockholders’ equity: | ||||
| Common Class A | 38 | 38 | 38 | 38 |
| Common Class B | 35 | 35 | 35 | 35 |
| Additional paid-in capital | 40,785 | 40,538 | 37,708 | 37,566 |
| Accumulated other comprehensive loss | (40) | (40) | (40) | (40) |
| Retained earnings | 25,494 | 27,110 | 25,950 | 30,606 |
| Total stockholders’ equity | 66,312 | 67,681 | 63,691 | 68,205 |
| Non-controlling interest in Spark HoldCo, LLC | 7,109 | 9,689 | 9,525 | 13,459 |
| Total equity | 73,421 | 77,370 | 73,216 | 81,664 |
| Total liabilities, Series A Preferred Stock and Stockholders’ equity | 322,982 | 331,289 | 304,814 | 316,343 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.