Microcap Ledger

Tickers · $HGBL

Heritage Global Inc. $HGBL

By Microcap Ledger desk · CIK 0000849145

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Services-Business Services, NEC
Headquarters
San Diego, CA
Fiscal year end
December 31
Shares outstanding
34,639,445 [10-Q 2026-08-13]
as of 2026-08-01

Sources: [10-K 2026-03-12]

What the company doesAI summary of filing

Heritage Global Inc. is an asset services company that specializes in financial and industrial asset transactions. The company operates through two divisions: Industrial Assets, which includes auction and liquidation services for surplus and distressed industrial machinery, equipment, and manufacturing facilities through subsidiary Heritage Global Partners, and refurbishment and resale of specialized laboratory equipment through subsidiary Heritage ALT; and Financial Assets, which includes brokering charged-off receivables through subsidiary National Loan Exchange and providing specialty financing to investors in charged-off and nonperforming asset portfolios through subsidiary Heritage Global Capital. The company is revenue-generating and makes money through commissions, auction fees ranging from 15–50%, interest income, upfront fees, monitoring fees, and profit-sharing arrangements depending on its role as advisor, broker, or principal in transactions. [10-K 2026-03-12]

Segments: Auction and Liquidation, Refurbishment & Resale, Brokerage, Specialty Lending

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$24.99M−$15.17M −$1.06M$13.18M[10-Q 2026-08-13]
FY ended Dec 2025$50.98M$3.59M $6.14M$20.52M[10-K 2026-03-12]
FY ended Dec 2024$45.36M$5.18M $7.75M$21.75M[10-K 2026-03-12]
Quarterly cash burn
−$531.0K

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-0137,341,185[10-Q 2024-11-07]
2025-03-0135,495,057[10-K 2025-03-13]
2025-05-0135,275,204[10-Q 2025-05-08]
2025-08-0134,741,553[10-Q 2025-08-07]
2025-11-0134,741,553[10-Q 2025-11-06]
2026-03-0134,741,553[10-K 2026-03-12]
2026-05-0134,734,754[10-Q 2026-05-07]
2026-08-0134,639,445[10-Q 2026-08-13]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-10-01Sklar James Edwardsell2,500$1.27[4 2026-10-02]
2026-09-25Dove Rosssell300,000$1.33[4 2026-09-29]
2026-09-25Burnham William Lbuy300,000$1.33[4 2026-09-29]
2026-09-01Sklar James Edwardsell2,500$1.27[4 2026-09-02]
2026-08-20Cobb Brian J.buy20,000$1.10[4 2026-08-20]
2026-08-17Hounsell Bruce Kennethbuy10,000$1.14[4 2026-08-17]
2026-08-17Dove Nicholas Kirkbuy60,000$1.10[4 2026-08-17]
2026-05-21Dove Nicholas Kirkbuy26,000$1.22[4 2026-05-27]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.