Vistance Networks, Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 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.
Sep 30, 2026 · Filed Nov 5, 2026
VISN$4.12-25.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| Vistance Networks, Inc. | ||
|---|---|---|
| Condensed Consolidated Balance Sheets | ||
| (In millions, except share amounts) | ||
| Unaudited September 30, 2026 | December 31, 2025 | |
| Assets | ||
| Cash and cash equivalents | $683.1 | $613.5 |
| Accounts receivable, net of allowance for credit losses of $0.5 and $1.2, respectively | 290.0 | 273.4 |
| Inventories, net | 357.8 | 238.7 |
| Prepaid expenses and other current assets | 89.6 | 46.0 |
| Current assets held for sale | — | 4,624.6 |
| Total current assets | 1,420.5 | 5,796.2 |
| Property, plant and equipment, net of accumulated depreciation of $129.7 and $134.7, respectively | 44.6 | 50.3 |
| Goodwill | 268.7 | 268.7 |
| Other intangible assets, net | 659.3 | 719.1 |
| Deferred income taxes | 305.6 | 1,722.3 |
| Other noncurrent assets | 119.8 | 118.4 |
| Noncurrent assets held for sale | — | 696.0 |
| Total assets | $2,818.5 | $9,371.0 |
| Liabilities and Stockholders' Equity (Deficit) | ||
| Accounts payable | $178.8 | $161.4 |
| Accrued and other liabilities | 176.0 | 306.7 |
| Current liabilities held for sale | — | 1,027.4 |
| Total current liabilities | 354.8 | 1,495.5 |
| Long-term debt | — | 7,260.2 |
| Deferred income taxes | 64.4 | 67.3 |
| Other noncurrent liabilities | 165.7 | 153.4 |
| Noncurrent liabilities held for sale | — | 120.0 |
| Total liabilities | 584.9 | 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: 212,979,678 and 223,260,316, respectively | 2.5 | 2.4 |
| Additional paid-in capital | 2,511.6 | 2,487.9 |
| Retained earnings (accumulated deficit) | 259.3 | (3,040.8) |
| Accumulated other comprehensive income (loss) | 1.4 | (118.7) |
| Treasury stock, at cost: 39,678,750 shares and 18,665,426 shares, respectively | (541.2) | (334.9) |
| Total stockholders' equity (deficit) | 2,233.6 | (1,004.1) |
| Total liabilities and stockholders' equity (deficit) | $2,818.5 | $9,371.0 |
See notes to unaudited condensed consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.