Zephyr Energy 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	2.99	10.27	3.61	9	1.81
Cash & Short-Term Investments	2.99	10.27	3.61	9	1.81
Cash Growth	-70.92%	184.33%	-59.86%	396.74%	-54.04%
Accounts Receivable	2.88	2.2	4.58	3.92	1.23
Other Receivables	0.65	0.31	3.15	0.37	0.04
Receivables	3.52	2.51	7.73	4.29	1.26
Prepaid Expenses	0.28	0.17	0.17	0.35	0.57
Other Current Assets	-	0	0.28	1.13	3
Total Current Assets	6.79	12.95	11.79	14.77	6.65
Property, Plant & Equipment	86.39	80.53	100.78	89.79	33.93
Other Long-Term Assets	-	-	-	0.18	-
Total Assets	93.18	93.47	112.57	104.73	40.58
Accounts Payable	2.35	1.87	5.12	8.88	3.52
Accrued Expenses	2.22	2.38	1.73	3.51	1.75
Short-Term Debt	11.13	22.39	24.44	10.5	4.06
Current Portion of Long-Term Debt	4.1	5.93	4.51	4.07	-
Current Portion of Leases	0.02	0.03	0.04	-	-
Current Income Taxes Payable	0.03	0.03	0.03	0.02	0.02
Other Current Liabilities	2.17	0.74	0.11	0.11	0.12
Total Current Liabilities	22.02	33.38	35.97	27.09	9.47
Long-Term Debt	8.38	5.38	6.4	10.82	-
Long-Term Leases	-	0.02	0.03	-	-
Long-Term Deferred Tax Liabilities	-	-	0.4	1.96	-
Other Long-Term Liabilities	4.12	3.56	5.07	4.14	0.51
Total Liabilities	34.52	42.34	47.87	44.01	9.98
Common Stock	2.82	2.34	2.26	2.11	1.76
Additional Paid-In Capital	87.24	74.79	71.74	66.85	52.88
Retained Earnings	-70.2	-59.64	-41.22	-37.93	-57.72
Comprehensive Income & Other	38.8	33.64	31.92	29.7	33.68
Shareholders' Equity	58.66	51.14	64.7	60.73	30.59
Total Liabilities & Equity	93.18	93.47	112.57	104.73	40.58
Total Debt	23.63	33.76	35.42	25.39	4.06
Net Cash (Debt)	-20.65	-23.49	-31.81	-16.4	-2.25
Net Cash Per Share	-0.01	-0.01	-0.02	-0.01	-0.00
Filing Date Shares Outstanding	2,101	1,751	1,687	1,561	1,561
Total Common Shares Outstanding	2,101	1,751	1,687	1,561	1,305
Working Capital	-15.23	-20.43	-24.19	-12.33	-2.83
Book Value Per Share	0.03	0.03	0.04	0.04	0.02
Tangible Book Value	58.66	51.14	64.7	60.73	30.59
Tangible Book Value Per Share	0.03	0.03	0.04	0.04	0.02
Machinery	0.03	0.03	0.03	0.02	0.03