$CHRN
ChronoScale Holdings Corp
CIK:0001549084|SEC Filings
Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands |
Aug. 31, 2026 |
May 31, 2026 |
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|---|---|---|---|---|
| Current assets: | ||||
| Cash | $ 15,221 | $ 9,664 | ||
| Accounts receivable | 7,557 | 12,542 | ||
| Prepaid expenses and other current assets | 2,924 | 2,200 | ||
| Current assets held for sale | 4,988 | 19,841 | ||
| Total current assets | 30,690 | 44,247 | ||
| Property and equipment, net | 32,491 | 32,081 | ||
| Operating lease right of use assets, net | 67,297 | 72,004 | ||
| Finance lease right of use assets, net | 109,876 | 122,509 | ||
| Goodwill | 54,387 | 54,513 | ||
| Other assets | 664 | 520 | ||
| TOTAL ASSETS | 295,405 | 325,874 | ||
| Current liabilities: | ||||
| Accounts payable | 15,780 | 9,052 | ||
| Accrued liabilities | 7,334 | 3,740 | ||
| Current portion of operating lease liability | 18,998 | 18,130 | ||
| Current portion of finance lease liability | 43,478 | 47,571 | ||
| Current portion of debt | 10,539 | 3,370 | ||
| Current deferred revenue | 57 | 0 | ||
| Current liabilities held for sale | 4,988 | 5,028 | ||
| Total current liabilities | 101,174 | 86,891 | ||
| Long-term portion of operating lease liability | 35,434 | 40,289 | ||
| Long-term portion of finance lease liability | 2,457 | 10,729 | ||
| Long-term debt | 151 | 474 | ||
| Long-term portion of deferred revenue | 107 | 0 | ||
| Warrant liabilities | 5,432 | 5,454 | ||
| Total liabilities | 144,755 | 143,837 | ||
| Commitments and contingencies (Note 16) | ||||
| Temporary equity: | ||||
| Convertible preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 issued and outstanding as of August 31, 2026; 2,926 issued and outstanding as of May 31, 2026, with a $2,926 redemption value | [1] | 0 | 2,012 | |
| Stockholders' equity: | ||||
| Common stock, $0.001 par value; 290,000,000 shares authorized; 145,637,452 and 145,212,325 shares issued and outstanding as of August 31, 2026 and May 31, 2026, respectively | 145 | 145 | ||
| Additional paid in capital | 392,451 | 379,342 | ||
| Accumulated deficit | (241,946) | (199,462) | ||
| Total stockholders’ equity | 150,650 | 180,025 | ||
| TOTAL LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS' EQUITY | $ 295,405 | $ 325,874 | ||
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