I need to assess whether there's sufficient substantive content (150+ words excluding boilerplate) - yes, the financial statements and filing details provide enough substance. Let me now compose the article. Key facts from the filing: - Teamshares Inc., Form 10-Q for quarterly period ended June 30, 2026 - Trading Symbol: TMS on The Nasdaq Stock Market LLC - Also: TMSWW warrants on Nasdaq - Commission file number: 001-42540 - Delaware corporation, emerging growth company, non-accelerated filer, smaller reporting company: NO - 73,660,516 shares outstanding as of August 11, 2026 - Cash and Cash Equivalents: $113,396 thousand (June 30, 2026) vs $40,246 thousand (Dec 31, 2025) - Restricted Cash (current): $11,813 thousand vs $13,426 thousand - Accounts Receivable, Net: $24,421 thousand vs $21,354 thousand - Inventories: $57,323 thousand vs $46,405 thousand - Prepaid Expenses: $3,027 thousand vs $2,870 thousand - Other Current Assets: $1,038 thousand vs $3,052 thousand - Total Current Assets: $211,018 thousand vs $127,352 thousand - Restricted Cash (long-term): $422 thousand vs $425 thousand - Property, Plant, and Equipment, Net: $30,583 thousand vs $30,043 thousand - Merger Agreement dated November 14, 2025 (amended April 1, 2026 and May 13, 2026) with Live Oak Acquisition Corp. V - Business combination completed (company is now public) - Par value: $0.0001 per share - Warrant exercise price: $11.50 per share Exchange notation: NASDAQ:TMS

Teamshares Inc. filed its quarterly report on Form 10-Q for the period ended June 30, 2026 with the Securities and Exchange Commission, disclosing condensed consolidated balance sheet figures and details about its business combination with Live Oak Acquisition Corp. V.

Key Highlights

  • Shares outstanding: 73,660,516 shares of common stock, par value $0.0001 per share, as of August 11, 2026.
  • Cash position: Cash and cash equivalents were $113,396 thousand as of June 30, 2026, compared to $40,246 thousand as of December 31, 2025.
  • Total current assets: $211,018 thousand as of June 30, 2026, up from $127,352 thousand as of December 31, 2025.
  • Inventories: $57,323 thousand as of June 30, 2026, compared to $46,405 thousand as of December 31, 2025.
  • Merger Agreement: The company references a business combination with Live Oak Acquisition Corp. V under an Agreement and Plan of Merger dated November 14, 2025, as amended on April 1, 2026 and May 13, 2026.
  • Company classification: Teamshares is classified as an emerging growth company and a non-accelerated filer.

Teamshares Balance Sheet Shows Higher Cash and Current Assets at Mid-Year 2026

According to the filing, Teamshares Inc. (NASDAQ:TMS) reported cash and cash equivalents of $113,396 thousand as of June 30, 2026, a significant increase from $40,246 thousand recorded as of December 31, 2025. Total current assets rose to $211,018 thousand from $127,352 thousand over the same period. The company also lists warrants (trading symbol TMSWW) on The Nasdaq Stock Market LLC, with each whole warrant exercisable for one share of common stock at an exercise price of $11.50 per share.

Other balance sheet items reported in the filing include accounts receivable, net, of $24,421 thousand as of June 30, 2026, compared to $21,354 thousand as of December 31, 2025. Inventories stood at $57,323 thousand versus $46,405 thousand at year-end 2025. Property, plant, and equipment, net, was $30,583 thousand as of June 30, 2026, compared to $30,043 thousand as of December 31, 2025. Restricted cash (current) was $11,813 thousand at the quarter end, down from $13,426 thousand at December 31, 2025.

The filing describes Teamshares as a Delaware corporation headquartered at 214 Sullivan Street, 3B, New York, NY 10012, with Commission file number 001-42540. The company disclosed that it is an emerging growth company and has not elected to use the extended transition period for complying with new or revised financial accounting standards. The filing references a business combination completed under a Merger Agreement dated November 14, 2025, with Live Oak Acquisition Corp. V, as amended on April 1, 2026 and May 13, 2026. The company's forward-looking statements, as it disclosed, are subject to risks including its ability to maintain its Nasdaq listing, manage growth, and achieve profitability.

What Was Disclosed

Teamshares filed its quarterly report for the period ended June 30, 2026, disclosing condensed consolidated balance sheet data, share count as of August 11, 2026, details of its merger with Live Oak Acquisition Corp. V, and its status as an emerging growth company listed on Nasdaq.