Heritage Global Inc.

Heritage Global Inc. reported total revenues of $12.7 million for the three months ended March 31, 2026, a decrease from $13.5 million in the prior year, with net income falling to $0.7 million from $1.1 million. The company completed the acquisition of The Debt Exchange Inc. for approximately $8.5 million, expanding its financial advisory services. Despite a decline in overall profitability, earnings from equity method investments saw a substantial increase, though a significant portion of loans are in nonaccrual status due to a borrower default.