Vistance Networks, Inc.
For the period ended Jun 30, 2026. Filed Aug 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 6, 2026
VISN$4.12-25.0%Stored close · as of Nov 9, 2026
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Condensed Consolidated Balance Sheets
| Vistance Networks, Inc. | ||
|---|---|---|
| Condensed Consolidated Balance Sheets | ||
| (In millions, except share amounts) | ||
| Unaudited June 30, 2026 | December 31, 2025 | |
| Assets | ||
| Cash and cash equivalents | $113.6 | $613.5 |
| Accounts receivable, net of allowance for doubtful accounts of $0.5 and $1.2, respectively | 280.5 | 273.4 |
| Inventories, net | 313.8 | 238.7 |
| Prepaid expenses and other current assets | 230.4 | 46.0 |
| Current assets held for sale | 977.1 | 4,624.6 |
| Total current assets | 1,915.4 | 5,796.2 |
| Property, plant and equipment, net of accumulated depreciation of $126.7 and $134.7, respectively | 46.9 | 50.3 |
| Goodwill | 268.7 | 268.7 |
| Other intangible assets, net | 678.3 | 719.1 |
| Deferred income taxes | 460.2 | 1,722.3 |
| Other noncurrent assets | 127.3 | 118.4 |
| Noncurrent assets held for sale | — | 696.0 |
| Total assets | $3,496.8 | $9,371.0 |
| Liabilities and Stockholders' Equity (Deficit) | ||
| Accounts payable | $183.3 | $161.4 |
| Accrued and other liabilities | 222.2 | 306.7 |
| Current liabilities held for sale | 340.3 | 1,027.4 |
| Total current liabilities | 745.8 | 1,495.5 |
| Long-term debt | — | 7,260.2 |
| Deferred income taxes | 66.2 | 67.3 |
| Other noncurrent liabilities | 179.0 | 153.4 |
| Noncurrent liabilities held for sale | — | 120.0 |
| Total liabilities | 991.0 | 9,096.4 |
| Commitments and contingencies | ||
| Series A convertible preferred stock, $0.01 par value | — | 1,278.7 |
| Stockholders' equity (deficit): | ||
| Preferred stock, $0.01 par value: Authorized shares: 200,000,000; | ||
| Issued and outstanding shares: None and 1,278,653, respectively,Series A convertible preferred stock | — | — |
| Common stock, $0.01 par value: Authorized shares: 1,300,000,000; Issued and outstanding shares: 230,046,379 and 223,260,316, respectively | 2.5 | 2.4 |
| Additional paid-in capital | 2,503.9 | 2,487.9 |
| Retained earnings (accumulated deficit) | 376.7 | (3,040.8) |
| Accumulated other comprehensive income (loss) | 0.8 | (118.7) |
| Treasury stock, at cost: 21,614,317 shares and 18,665,426 shares, respectively | (378.1) | (334.9) |
| Total stockholders' equity (deficit) | 2,505.8 | (1,004.1) |
| Total liabilities and stockholders' equity (deficit) | $3,496.8 | $9,371.0 |
See notes to unaudited condensed consolidated financial statements.
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