Spectra Systems Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	14.82	13.35	13.25	17.5	16.78
Cash & Short-Term Investments	14.82	13.35	13.25	17.5	16.78
Cash Growth	10.97%	0.76%	-24.25%	4.30%	19.50%
Accounts Receivable	17.71	3.27	5.05	4.66	2.71
Other Receivables	-	4.33	0.12	0.15	0.17
Receivables	17.71	7.6	5.17	4.81	2.87
Inventory	8.03	6.21	6.51	1.6	1.94
Prepaid Expenses	0.87	1.15	1.21	0.76	0.3
Total Current Assets	41.43	28.31	26.14	24.66	21.89
Property, Plant & Equipment	13.18	14.73	17.41	3.32	2.41
Long-Term Investments	0.1	0.09	0.1	-	-
Other Intangible Assets	13.04	13.51	13.51	7.06	7.16
Long-Term Deferred Tax Assets	1.38	2.09	1.84	1.88	1.08
Long-Term Deferred Charges	-	0.05	0.07	0.08	0.09
Other Long-Term Assets	3.24	2.18	1.03	1.02	0.52
Total Assets	72.37	60.97	60.1	38.02	33.15
Accounts Payable	4.25	3.63	2.75	0.93	0.49
Accrued Expenses	1.48	0.73	0.65	0.5	0.44
Short-Term Debt	0.39	0.45	0.56	-	-
Current Portion of Long-Term Debt	2.02	1.71	1.45	-	-
Current Portion of Leases	0.65	0.8	1.11	0.3	0.29
Current Income Taxes Payable	3.22	1.42	0.51	0.68	0.26
Current Unearned Revenue	2.72	4.97	6.06	4.63	2.18
Other Current Liabilities	-	0.3	0.16	-	0.08
Total Current Liabilities	14.73	14.02	13.26	7.04	3.73
Long-Term Debt	1.23	2.65	4.13	-	-
Long-Term Leases	4.48	4.97	5.28	0.97	0.74
Long-Term Unearned Revenue	0.56	0.5	1.5	1.68	0.76
Other Long-Term Liabilities	-	2.51	3.82	-	-
Total Liabilities	21.01	24.65	27.98	9.69	5.23
Common Stock	0.48	0.48	0.46	0.45	0.45
Additional Paid-In Capital	57.7	57.6	56.15	53.18	53.83
Retained Earnings	-7.49	-21.94	-24.86	-25.73	-26.87
Treasury Stock	-0.04	-	-	-	-
Comprehensive Income & Other	0.16	-0.38	-0.21	-0.17	-0.14
Total Common Equity	50.81	35.77	31.54	27.73	27.28
Minority Interest	0.54	0.55	0.57	0.6	0.64
Shareholders' Equity	51.36	36.33	32.11	28.32	27.92
Total Liabilities & Equity	72.37	60.97	60.1	38.02	33.15
Total Debt	8.78	10.58	12.53	1.27	1.03
Net Cash (Debt)	6.04	2.78	0.73	16.22	15.75
Net Cash Growth	117.67%	282.14%	-95.52%	3.00%	22.92%
Net Cash Per Share	0.12	0.06	0.01	0.34	0.33
Filing Date Shares Outstanding	48.31	48.24	46.01	45.01	45.3
Total Common Shares Outstanding	48.31	48.24	46.01	45.01	45.3
Working Capital	26.7	14.29	12.88	17.62	18.16
Book Value Per Share	1.05	0.74	0.69	0.62	0.60
Tangible Book Value	37.77	22.26	18.03	20.67	20.12
Tangible Book Value Per Share	0.78	0.46	0.39	0.46	0.44
Machinery	-	12.23	13.29	4.13	3.24
Leasehold Improvements	-	1.97	1.81	1.56	1.55

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.