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<br />Balance Sheet
<br /> ASSETS 12/31/2024 12/31/2025
<br />Current Assets
<br /> Cash 93,856$ 449,013$
<br /> Accounts Receivable, Net 7,572,636 5,570,528
<br /> Inventory 3,569,488 3,296,837
<br /> Prepaid Expenses 269,917 384,773
<br /> Tariffs and Freight 250,386 258,942
<br /> Total current assets 11,756,283 9,960,093
<br />Property and Equipment
<br /> Building and Land 2,018,705 2,018,705
<br /> Vehicles 381,698 415,588
<br /> Equipment 2,148,419 2,515,464
<br /> Leasehold improvements 102,013 116,663
<br /> Furniture and fixtures 32,247 32,247
<br /> Total Property and Equipment 4,683,082 5,098,667
<br /> Accumulated Depreciation 1,504,174 2,019,976
<br /> Total Property and Equipment, net 3,178,908 3,078,691
<br />Other Assets
<br /> Goodwill, net of amortization 11,110,591 9,451,397
<br /> Decorations for lease, net of amortization 3,522,993 5,788,767
<br /> Right of use lease assets 813,526 418,361
<br /> Other intangible assets, net of amortization 611,968 952,831
<br /> Total Other Assets 16,059,078 16,611,356
<br /> TOTAL ASSETS 30,994,269$ 29,650,140$
<br /> LIABILITIES AND MEMBER'S EQUITY 12/31/2024 12/31/2025
<br />Current Liabilities
<br /> Working Line of Credit 2,098,699$ 2,776,387$
<br /> Current maturities of long-term debt 2,987,500 1,117,200
<br /> Current maturities of sub-ordinated debt 1,203,339 411,070
<br /> Current portion of lease liabilities 470,623 443,835
<br /> Accounts Payable 2,769,550 4,037,015
<br /> Unearned revenue 2,175,481 2,190,193
<br /> Accrued payroll 556,496 237,331
<br /> Accrued expenses 1,011,415 907,308
<br /> Other payables 139,077 125,879
<br /> Sales & Use Tax Payable 161,706 41,307
<br /> Accrued Corp taxes 9,150 10,537
<br /> Total current liabilities 13,583,036 12,298,062
<br />Long-Term Liabilities
<br /> Long Term Debt, less current maturities 4,875,001 5,927,567
<br /> Sub-ordinated debt, less current maturities 740,266 1,519,847
<br /> Lease Liabilities, less current portion 390,299 21,921
<br />Total Liabilities 19,588,602 19,767,397
<br />Members' Equity 11,405,667 9,882,743
<br /> TOTAL LIABILITIES AND MEMBER'S EQUITY 30,994,269$ 29,650,140$
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