Spectra Systems Corporation (AIM: SPSC)

Spectra Systems Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	13.25	13.25	17.5	16.78	14.04	14.25
Cash & Short-Term Investments	13.25	13.25	17.5	16.78	14.04	14.25
Cash Growth	-24.25%	-24.25%	4.30%	19.50%	-1.49%	12.54%
Accounts Receivable	5.05	5.05	4.66	2.71	2.9	1.63
Other Receivables	0.12	0.12	0.15	0.17	0.16	0.16
Receivables	5.17	5.17	4.81	2.87	3.06	1.79
Inventory	6.51	6.51	1.6	1.94	2.79	3.08
Prepaid Expenses	1.21	1.21	0.76	0.3	0.27	0.19
Total Current Assets	26.14	26.14	24.66	21.89	20.17	19.31
Property, Plant & Equipment	17.41	17.41	3.32	2.41	2.91	2.79
Long-Term Investments	0.1	0.1	-	-	-	-
Other Intangible Assets	13.51	13.51	7.06	7.16	7.2	6.35
Long-Term Deferred Tax Assets	1.84	1.84	1.88	1.08	1.4	1.4
Long-Term Deferred Charges	0.07	0.07	0.08	0.09	0.11	0.12
Other Long-Term Assets	1.03	1.03	1.02	0.52	1.12	1.36
Total Assets	60.1	60.1	38.02	33.15	32.9	31.33
Accounts Payable	2.75	2.75	0.93	0.49	0.53	0.36
Accrued Expenses	0.81	0.81	0.5	0.44	0.41	0.41
Short-Term Debt	0.56	0.56	-	-	-	-
Current Portion of Long-Term Debt	1.45	1.45	-	-	-	-
Current Portion of Leases	1.11	1.11	0.3	0.29	0.27	0.19
Current Income Taxes Payable	0.51	0.51	0.68	0.26	0.22	0.2
Current Unearned Revenue	6.06	6.06	4.63	2.18	1.67	1.22
Other Current Liabilities	-	-	-	0.08	0.07	0.23
Total Current Liabilities	13.26	13.26	7.04	3.73	3.17	2.61
Long-Term Debt	4.13	4.13	-	-	-	-
Long-Term Leases	5.28	5.28	0.97	0.74	0.96	0.95
Long-Term Unearned Revenue	1.5	1.5	1.68	0.76	0.55	0.67
Other Long-Term Liabilities	3.82	3.82	-	-	-	-
Total Liabilities	27.98	27.98	9.69	5.23	4.68	4.22
Common Stock	0.46	0.46	0.45	0.45	0.46	0.46
Additional Paid-In Capital	56.15	56.15	53.18	53.83	54.89	55.5
Retained Earnings	-24.86	-24.86	-25.73	-26.87	-27.73	-28.73
Treasury Stock	-	-	-	-	-	-0
Comprensive Income & Other	-0.21	-0.21	-0.17	-0.14	-0.14	-0.12
Total Common Equity	31.54	31.54	27.73	27.28	27.48	27.11
Minority Interest	0.57	0.57	0.6	0.64	0.74	-
Shareholders' Equity	32.11	32.11	28.32	27.92	28.22	27.11
Total Liabilities & Equity	60.1	60.1	38.02	33.15	32.9	31.33
Total Debt	12.53	12.53	1.27	1.03	1.23	1.14
Net Cash (Debt)	0.73	0.73	16.22	15.75	12.81	13.11
Net Cash Growth	-95.52%	-95.52%	3.00%	22.92%	-2.30%	3.57%
Net Cash Per Share	0.01	0.01	0.34	0.33	0.26	0.27
Filing Date Shares Outstanding	46.01	46.01	45.01	45.3	45.55	45.9
Total Common Shares Outstanding	46.01	46.01	45.01	45.3	45.55	45.9
Working Capital	12.88	12.88	17.62	18.16	17	16.71
Book Value Per Share	0.69	0.69	0.62	0.60	0.60	0.59
Tangible Book Value	18.03	18.03	20.67	20.12	20.28	20.76
Tangible Book Value Per Share	0.39	0.39	0.46	0.44	0.45	0.45
Machinery	13.29	13.29	4.13	3.24	3.31	2.92
Leasehold Improvements	1.81	1.81	1.56	1.55	1.53	1.53

Source: S&P Capital IQ. Standard template. Financial Sources.