$BUDA

Buda Juice LLC

CIK:0002079720|SEC Filings

Condensed Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2026

Jun. 30, 2025

Jun. 30, 2026

Jun. 30, 2025

Income Statement [Abstract]

Net sales

$ 4,508

$ 3,567

$ 8,016

$ 6,547

Cost of goods sold

2,857

1,900

4,979

3,542

Gross profit

1,651

1,667

3,037

3,005

Operating expenses:

Delivery and handling expense

152

145

282

273

Selling, general and administrative expense

1,055

378

1,718

785

Total operating expenses

1,207

523

2,000

1,058

Income from operations

444

1,144

1,037

1,947

Other income

Interest income, net

149

286

Net income before income tax

599

1,179

1,346

1,995

Income tax expense

129

488

Net income

$ 470

$ 1,170

$ 858

$ 1,977

Net income per share - Basic

$ 0.04

$ 0.07

Weighted average shares outstanding - Basic

12,567

12,428

Net income per share - Diluted

$ 0.04

$ 0.07

Weighted average shares outstanding - Diluted

12,873

12,719

^[1]

[1]	Anti-dilutive securities excluded

Condensed Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities
Net income	$ 858	$ 1,977
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	120	156
Amortization of right to use asset	72	50
Stock-based compensation	213
Deferred income taxes	182
Changes in assets and liabilities:
Accounts receivable	(1,472)	(105)
Inventory	(165)	(109)
Prepaid expenses and other current assets	374	(146)
Accounts payable and other current liabilities	823	68
Payments on operating lease obligations	(65)	(58)
Net cash provided by operating activities	940	1,833
Cash flows from investing activities
Capital spending of property and equipment	(688)	(270)
Acquisition of related party asset group	(100)
Net cash used for investing activities	(788)	(270)
Cash flows from financing activities
Proceeds from initial public offering	23,000
Payments of underwriting discounts and offering costs	(2,423)
Redemption of common stock	(3,750)
Cash distributed to owners		(1,748)
Net cash provided by (used in) financing activities	16,827	(1,748)
Net change in cash and cash equivalents	16,979	(185)
Cash and cash equivalents at beginning of period	1,840	1,887
Cash and cash equivalents at end of period	18,819	1,702
Supplemental disclosures of cash flow information:
Cash paid for interest
Cash paid for taxes	$ 358

Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Current assets
Cash and cash equivalents	$ 18,819	$ 1,840
Inventory	613	348
Prepaid expenses and other current assets	271	645
Total current assets	21,561	3,219
Property and equipment, net of accumulated depreciation of $2,216 and $2,096, respectively	1,544	976
Operating lease right-of-use asset	703	775
Total assets	23,808	4,970
Current liabilities:
Operating lease liability, current portion	144	135
Total current liabilities	1,418	585
Operating lease liability, net of current portion	573	647
Deferred income tax liability	182
Total long-term liabilities	755	647
Total liabilities	2,173	1,232
Stockholders’ and Members’ Equity
Members’ equity		2,554
Preferred stock, $0.001 par value; 10,000 shares authorized; 0 shares issued; 0 shares outstanding
Common stock, $0.001 par value — 90,000 shares authorized; 13,067 shares issued; 12,567 shares outstanding	13
Additional paid-in capital	23,330
Less: Treasury stock	(3,750)
Retained earnings	2,042	1,184
Total stockholders’ and members’ equity	21,635	3,738
Total liabilities and stockholders’ and members’ equity	23,808	4,970
Nonrelated Party [Member]
Current assets
Accounts receivable	1,359	386
Current liabilities:
Accounts payable	737	289
Other current liabilities	82	161
Related Party [Member]
Current assets
Accounts receivable	499
Current liabilities:
Accounts payable	$ 455