AMERICAN COASTAL INSURANCE Corp
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
ACIC$10.26+2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
| June 30,2026 | December 31,2025 | |
|---|---|---|
| ASSETS | ||
| Investments, at fair value: | ||
| Fixed maturities, available-for-sale (amortized cost of $248,719 and $261,503, respectively) | $238,403 | $253,152 |
| Equity securities | 57,049 | 61,685 |
| Other investments (amortized cost of $34,648 and $38,954, respectively) | 37,347 | 40,053 |
| Total investments | $332,799 | $354,890 |
| Cash and cash equivalents | 218,943 | 198,762 |
| Restricted cash | 98,280 | 94,092 |
| Total cash, cash equivalents and restricted cash | $317,223 | $292,854 |
| Accrued investment income | 3,441 | 3,156 |
| Property and equipment, net (software in progress of $321 and $0, respectively) | 869 | 723 |
| Premiums receivable, net | 119,915 | 70,447 |
| Reinsurance recoverable on paid and unpaid losses, net (credit allowance of $39 and $30, respectively) | 117,435 | 128,205 |
| Ceded unearned premiums | 224,760 | 109,697 |
| Goodwill | 59,476 | 59,476 |
| Deferred policy acquisition costs, net | 54,693 | 37,815 |
| Intangible assets, net | 2,203 | 3,471 |
| Other assets | 10,980 | 11,998 |
| Total Assets | $1,243,794 | $1,072,732 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Liabilities: | ||
| Unpaid losses and loss adjustment expenses | $118,920 | $165,701 |
| Unearned premiums | 335,452 | 249,616 |
| Reinsurance payable on premiums | 203,882 | 66,841 |
| Accounts payable and accrued expenses | 79,719 | 112,781 |
| Operating lease liability | 3,024 | 3,135 |
| Notes payable, net | 149,519 | 149,353 |
| Other liabilities | 12,490 | 7,740 |
| Total Liabilities | $903,006 | $755,167 |
| Commitments and Contingencies (Note 11) | ||
| Stockholders' Equity: | ||
| Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding | $— | $— |
| Common stock, $0.0001 par value; 100,000,000 shares authorized; 49,288,637 and 48,976,885 issued, respectively; 47,271,828 and 48,764,802 outstanding, respectively | 5 | 5 |
| Additional paid-in capital | 442,558 | 439,742 |
| Treasury shares, at cost: 2,016,809 shares and 212,083 shares, respectively | (19,872) | (431) |
| Accumulated other comprehensive loss | (8,544) | (7,242) |
| Retained earnings (deficit) | (73,359) | (114,509) |
| Total Stockholders' Equity | $340,788 | $317,565 |
| Total Liabilities and Stockholders' Equity | $1,243,794 | $1,072,732 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.