v3.25.4

Balance Sheets - USD ($) $ in Thousands	Dec. 27, 2025	Dec. 28, 2024
Current assets:
Cash and cash equivalents	$ 14,052	$ 39,008
Certificate of Deposit	0	30,224
Treasury Securities	24,735	0
Accrued interest receivable	0	185
Due from affiliates	619	182
Other current assets	687	901
Total current assets	40,093	70,500
Property, plant, and equipment, at cost	274	274
Less accumulated depreciation	257	244
Net property, plant, and equipment	17	30
Right of use assets, net	183	228
Investment in National Beef Packing Company, LLC	179,759	169,381
Other assets	253	1
Total assets	220,305	240,140
Current liabilities:
Accounts payable - trade	24	28
Due to affiliates	269	74
Accrued compensation and benefits	3,017	2,413
Lease obligations	73	61
Other accrued expenses and liabilities	155	293
Distributions payable	325	153
Total current liabilities	3,863	3,022
Long-term liabilities:
Lease obligations	110	167
Other liabilities	6,239	7,307
Total long-term liabilities	6,349	7,474
Total liabilities	10,212	10,496
Commitments and contingencies
Members’ capital
Members’ contributed capital, 735,385 Class A units and 755,385 Class B units authorized, issued and outstanding	210,093	229,644
Total members’ capital	210,093	229,644
Total liabilities and members’ capital	$ 220,305	$ 240,140

Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(19)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483467/210-10-45-8

U. S. Premium Beef, LLC 10-K