Flagship Minerals 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	1.36	0.12	0.05	0.91	5.27
Cash & Short-Term Investments	1.36	0.12	0.05	0.91	5.27
Cash Growth	993.63%	126.53%	-93.94%	-82.83%	118.17%
Other Receivables	0.71	0.48	0.2	0.13	0.03
Receivables	0.71	0.48	0.2	0.13	0.03
Prepaid Expenses	0.14	0.02	0.03	0.09	0.04
Other Current Assets	0.02	0.02	0.07	0.06	-
Total Current Assets	2.23	0.65	0.34	1.19	5.34
Property, Plant & Equipment	13.34	12.56	12.12	9.85	7.57
Other Long-Term Assets	0.02	0.01	0.02	0.02	0.02
Total Assets	15.59	13.22	12.48	11.06	12.93
Accounts Payable	-	-	-	-	0.01
Accrued Expenses	0.21	0.21	0.33	0.43	0.31
Short-Term Debt	0.16	0.83	-	-	-
Current Portion of Leases	-	0.03	0.02	0.02	0.03
Other Current Liabilities	1.29	1.16	1.3	0.14	0.09
Total Current Liabilities	1.65	2.23	1.65	0.59	0.44
Long-Term Leases	-	-	0.03	0.05	-
Pension & Post-Retirement Benefits	0.04	0.03	0.04	0.03	0.05
Total Liabilities	1.69	2.26	1.72	0.66	0.49
Common Stock	23.8	18.78	16.73	13.07	12.97
Retained Earnings	-10.77	-8.05	-5.87	-2.53	-0.48
Comprehensive Income & Other	0.86	0.23	-0.1	-0.15	-0.05
Shareholders' Equity	13.89	10.96	10.76	10.4	12.44
Total Liabilities & Equity	15.59	13.22	12.48	11.06	12.93
Total Debt	0.16	0.86	0.05	0.07	0.03
Net Cash (Debt)	1.2	-0.74	0.01	0.83	5.25
Net Cash Growth	-	-	-99.39%	-84.12%	122.32%
Net Cash Per Share	0.01	-0.00	0.00	0.01	0.04
Filing Date Shares Outstanding	320.23	203.59	167.82	155.11	146.59
Total Common Shares Outstanding	311.3	202.32	167.82	146.86	146.59
Working Capital	0.58	-1.58	-1.31	0.6	4.91
Book Value Per Share	0.04	0.05	0.06	0.07	0.08
Tangible Book Value	13.89	10.96	10.76	10.4	12.44
Tangible Book Value Per Share	0.04	0.05	0.06	0.07	0.08
Machinery	0.11	0.11	0.14	0.14	0.1