EBR 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	5.79	6.92	14.58	15.46	78.24
Short-Term Investments	47.4	53.75	57.74	48.07	-
Cash & Short-Term Investments	53.19	60.66	72.32	63.53	78.24
Cash Growth	-12.32%	-16.11%	13.83%	-18.80%	1231.04%
Accounts Receivable	0.45	0.01	0.14	0.27	-
Other Receivables	1.87	0.43	0.09	0.18	0.97
Receivables	2.32	0.44	0.23	0.44	0.97
Inventory	13.79	1.39	-	-	-
Prepaid Expenses	2.49	1.69	1.45	2	1.72
Other Current Assets	1.32	0.28	0.38	0.61	0.17
Total Current Assets	73.11	64.47	74.37	66.59	81.1
Property, Plant & Equipment	18.09	1.72	2.81	3.52	3.89
Long-Term Investments	1.01	5.3	1.13	0.99	-
Other Long-Term Assets	5.01	2.07	0.59	0.59	0.44
Total Assets	97.23	73.56	78.9	71.68	85.42
Accounts Payable	7.05	3.25	1.86	2.09	1.71
Accrued Expenses	5.63	3.83	3.49	2.83	2.68
Current Portion of Long-Term Debt	-	0.04	0.02	0.05	2.41
Current Portion of Leases	1.18	0.52	0.25	0.22	0.19
Other Current Liabilities	0.19	0.69	0.83	0.73	0.33
Total Current Liabilities	14.05	8.33	6.45	5.93	7.32
Long-Term Debt	40.89	40.26	39.65	19.4	0.07
Long-Term Leases	16.52	0.58	1.67	1.92	2.14
Other Long-Term Liabilities	0.18	0.04	0.08	0.48	-
Total Liabilities	71.64	49.2	47.84	27.73	9.53
Common Stock	0.05	0.04	0.03	0.03	0.03
Additional Paid-In Capital	426.81	376.9	342.72	320.75	319.38
Retained Earnings	-402.22	-353.46	-312.66	-277.62	-244.53
Comprehensive Income & Other	0.95	0.87	0.96	0.79	1.03
Total Common Equity	25.59	24.36	31.06	43.95	75.9
Shareholders' Equity	25.59	24.36	31.06	43.95	75.9
Total Liabilities & Equity	97.23	73.56	78.9	71.68	85.42
Total Debt	58.59	41.4	41.59	21.59	4.81
Net Cash (Debt)	-4.39	24.57	31.85	42.93	73.44
Net Cash Growth	-	-22.86%	-25.81%	-41.54%	-
Net Cash Per Share	-0.01	0.08	0.11	0.16	1.74
Filing Date Shares Outstanding	450.44	372.85	307.02	270.75	267.99
Total Common Shares Outstanding	450.26	371.08	307.02	270.75	267.99
Working Capital	59.06	56.14	67.93	60.66	73.78
Book Value Per Share	0.06	0.07	0.10	0.16	0.28
Tangible Book Value	25.59	24.36	31.06	43.95	75.9
Tangible Book Value Per Share	0.06	0.07	0.10	0.16	0.28
Machinery	3.3	3.43	3.16	2.98	2.44
Construction In Progress	4.29	-	-	-	0.15
Leasehold Improvements	0.55	0.51	0.5	0.42	0.42

Source: S&P Global Market Intelligence. Standard template. Financial Sources.