CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
ASSETS
Cash	$ 23.9	$ 18.6
Accounts receivable, net of allowances of $11.3 as of both March 31, 2026 and December 31, 2025	192.0	186.7
Inventories, net	476.2	473.3
Prepaid expenses and other current assets	31.7	31.6
Total current assets	723.8	710.2
NON-CURRENT ASSETS
Property and equipment, net	69.0	73.3
Rental fleet, net	305.0	313.7
Operating lease right-of-use assets, net	105.7	108.3
Goodwill	77.4	77.8
Other intangible assets, net	46.4	48.0
Other assets	7.3	5.0
TOTAL ASSETS	1,334.6	1,336.3
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current portion of long-term debt	11.1	11.0
Accounts payable	84.7	77.7
Customer deposits	12.0	15.0
Accrued expenses	55.5	45.3
Current operating lease liabilities	15.0	15.0
Current deferred revenue	12.7	13.7
Other current liabilities	3.3	4.0
Total current liabilities	527.8	495.0
NON-CURRENT LIABILITIES
Lines of credit, net	204.8	211.3
Long-term debt, net of current portion	485.3	484.5
Finance lease obligations, net of current portion	26.2	28.2
Deferred revenue, net of current portion	5.0	5.0
Long-term operating lease liabilities, net of current portion	97.7	100.1
Deferred tax liabilities	11.3	14.6
Other liabilities	4.8	6.4
TOTAL LIABILITIES	1,362.9	1,345.1
CONTINGENCIES - NOTE 11
STOCKHOLDERS’ EQUITY
Preferred stock, $0.0001 par value per share, 1,000,000 shares authorized, 1,200 shares issued and outstanding at both March 31, 2026 and December 31, 2025 (1,200,000 Depositary Shares representing a 1/1000th fractional interest in a share of 10% Series A Cumulative Perpetual Preferred Stock)
Common stock, $0.0001 par value per share, 200,000,000 shares authorized; 32,532,170 and 32,153,525 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively
Additional paid-in capital	249.8	248.4
Treasury stock at cost, 2,904,614 shares of common stock held at March 31, 2026 and December 31, 2025	(19.2)	(19.2)
Accumulated deficit	(256.7)	(236.4)
Accumulated other comprehensive loss	(2.2)	(1.6)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	(28.3)	(8.8)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	1,334.6	1,336.3
New Equipment
LIABILITIES AND STOCKHOLDERS’ EQUITY
Floor plan payable	246.7	241.0
Used and Rental Equipment
LIABILITIES AND STOCKHOLDERS’ EQUITY
Floor plan payable	$ 86.8	$ 72.3

ALTA EQUIPMENT GROUP INC. 10-Q