EBR Systems Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	6.56	5.79	6.92	14.58	15.46	78.24
Short-Term Investments	23.32	47.4	53.75	57.74	48.07	-
Cash & Short-Term Investments	29.87	53.19	60.66	72.32	63.53	78.24
Cash Growth	-37.59%	-12.32%	-16.11%	13.83%	-18.80%	1231.04%
Accounts Receivable	2.14	0.45	0.01	0.14	0.27	-
Other Receivables	3.01	1.87	0.43	0.09	0.18	0.97
Receivables	5.15	2.32	0.44	0.23	0.44	0.97
Inventory	15.49	13.79	1.39	-	-	-
Prepaid Expenses	1.98	2.49	1.69	1.45	2	1.72
Other Current Assets	1.55	1.32	0.28	0.38	0.61	0.17
Total Current Assets	54.04	73.11	64.47	74.37	66.59	81.1
Property, Plant & Equipment	21.03	18.09	1.72	2.81	3.52	3.89
Long-Term Investments	1.01	1.01	5.3	1.13	0.99	-
Other Long-Term Assets	4.2	5.01	2.07	0.59	0.59	0.44
Total Assets	80.29	97.23	73.56	78.9	71.68	85.42
Accounts Payable	5.77	7.05	3.25	1.86	2.09	1.71
Accrued Expenses	4.01	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	1.1	1.18	0.52	0.25	0.22	0.19
Other Current Liabilities	0.1	0.19	0.69	0.83	0.73	0.33
Total Current Liabilities	12.07	14.05	8.33	6.45	5.93	7.32
Long-Term Debt	41.04	40.89	40.26	39.65	19.4	0.07
Long-Term Leases	17.4	16.52	0.58	1.67	1.92	2.14
Other Long-Term Liabilities	0.24	0.18	0.04	0.08	0.48	-
Total Liabilities	70.75	71.64	49.2	47.84	27.73	9.53
Common Stock	0.01	0.05	0.04	0.03	0.03	0.03
Additional Paid-In Capital	427.89	426.81	376.9	342.72	320.75	319.38
Retained Earnings	-419.29	-402.22	-353.46	-312.66	-277.62	-244.53
Comprehensive Income & Other	0.93	0.95	0.87	0.96	0.79	1.03
Total Common Equity	9.54	25.59	24.36	31.06	43.95	75.9
Shareholders' Equity	9.54	25.59	24.36	31.06	43.95	75.9
Total Liabilities & Equity	80.29	97.23	73.56	78.9	71.68	85.42
Total Debt	59.53	58.59	41.4	41.59	21.59	4.81
Net Cash (Debt)	-28.66	-4.39	24.57	31.85	42.93	73.44
Net Cash Growth	-	-	-22.86%	-25.81%	-41.54%	-
Net Cash Per Share	-0.07	-0.01	0.08	0.11	0.16	1.74
Filing Date Shares Outstanding	450.56	450.44	372.85	307.02	270.75	267.99
Total Common Shares Outstanding	450.56	450.26	371.08	307.02	270.75	267.99
Working Capital	41.97	59.06	56.14	67.93	60.66	73.78
Book Value Per Share	0.02	0.06	0.07	0.10	0.16	0.28
Tangible Book Value	9.54	25.59	24.36	31.06	43.95	75.9
Tangible Book Value Per Share	0.02	0.06	0.07	0.10	0.16	0.28
Machinery	4.17	3.3	3.43	3.16	2.98	2.44
Construction In Progress	6.8	4.29	-	-	-	0.15
Leasehold Improvements	0.55	0.55	0.51	0.5	0.42	0.42