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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,333,000 $ 16,077,000
Accounts receivable, net 2,337,000 0
Receivable from escrow account 0 200,000
Inventories, net 15,490,000 0
Prepaid expenses and other current assets 1,423,000 52,000
Other current assets related to discontinued operations 0 292,000
Total current assets 20,583,000 16,621,000
Property and equipment, net 11,538,000 35,000
Equity-method investment 167,000 0
Goodwill 10,474,000 0
Intangible assets, net 25,950,000 0
Operating lease right-of-use assets 33,362,000 7,000
Finance lease right-of-use assets 16,000 0
Long-term receivable 369,000 0
Other assets 0 10,000
Total assets 102,459,000 16,673,000
Current liabilities:    
Accounts payable 3,679,000 32,000
Accrued compensation 348,000 635,000
Accrued expenses and other current liabilities 1,640,000 168,000
Current portion of operating lease liabilities 1,042,000 4,000
Current portion of finance lease liabilities 28,000 0
Current portion of debt 2,271,000 0
Current liabilities related to discontinued operations 55,000 257,000
Total current liabilities 9,063,000 1,096,000
Long-term liabilities:    
Accrued income taxes 0 42,000
Operating lease liabilities, net of current portion 32,729,000 3,000
Finance lease liabilities, net of current portion 46,000 0
Long-term debt, net 34,610,000 0
Related party note payable 2,008,000 0
Deferred tax liabilities, net 8,738,000 0
Total Long-term liabilities 78,131,000 45,000
Stockholders' equity    
Common stock, par value $.01: Authorized shares - 5,714,000 Issued and outstanding shares - 1,770,000 at June 30, 2024 and 1,743,000 at December 31, 2023 17,000 17,000
Additional paid-in capital 16,212,000 16,176,000
Accumulated other comprehensive income 38,000 0
Accumulated deficit (3,464,000) (661,000)
Total stockholders' equity attributable to Lendway, Inc. 12,803,000 15,532,000
Equity from noncontrolling interest 2,462,000 0
Total Stockholders' equity 15,265,000 15,532,000
Total Liabilities and Stockholders' equity $ 102,459,000 $ 16,673,000