NOVONIX 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 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jun '22 Jun 30, 2022
Cash & Equivalents	79.87	42.56	78.71	99.04	142.74
Cash & Short-Term Investments	79.87	42.56	78.71	99.04	142.74
Cash Growth	87.67%	-45.93%	-20.52%	-30.61%	39.12%
Accounts Receivable	1.36	1.37	3.03	2.33	2.08
Other Receivables	0.76	6.78	0.53	0.52	0.37
Receivables	2.12	8.16	3.56	2.85	2.45
Inventory	2.18	1.78	2.75	3.17	2.99
Prepaid Expenses	0.71	1.31	1.11	1.96	3.95
Other Current Assets	4.28	3.5	3.01	9.14	10.09
Total Current Assets	89.16	57.3	89.15	116.15	162.22
Property, Plant & Equipment	180.54	155.67	144.28	132.44	111.56
Long-Term Investments	-	-	16.67	16.49	16.67
Goodwill	11.98	11.98	11.98	11.98	11.98
Other Intangible Assets	-	-	0.02	0.2	0.39
Other Long-Term Assets	1.24	1.16	1.25	0.17	0.17
Total Assets	282.92	226.1	263.34	277.42	302.98
Accounts Payable	4.28	1	1.34	4.11	2.65
Accrued Expenses	0.25	0.35	0.31	0.13	-
Current Portion of Long-Term Debt	62.07	31.67	29.9	1.09	1.02
Current Portion of Leases	0.58	0.52	0.35	0.35	0.34
Current Income Taxes Payable	0.22	0.03	0.11	-	-
Current Unearned Revenue	0.15	0.13	0.29	0.07	0
Other Current Liabilities	16.02	12.54	4.97	2.72	3.88
Total Current Liabilities	83.56	46.24	37.26	8.47	7.89
Long-Term Debt	31.78	32.78	34.67	35.08	35.95
Long-Term Leases	5.91	6.49	4.48	4.83	5.01
Long-Term Unearned Revenue	-	3	3	3	3
Total Liabilities	121.25	88.51	79.41	51.37	51.85
Common Stock	485.48	367.54	338.43	338.11	338.01
Retained Earnings	-352.4	-259.67	-184.85	-138.6	-110.74
Comprehensive Income & Other	28.59	29.72	30.36	26.55	23.86
Shareholders' Equity	161.67	137.59	183.94	226.06	251.13
Total Liabilities & Equity	282.92	226.1	263.34	277.42	302.98
Total Debt	100.34	71.45	69.39	41.34	42.31
Net Cash (Debt)	-20.47	-28.9	9.33	57.7	100.43
Net Cash Growth	-	-	-83.84%	-42.55%	8.87%
Net Cash Per Share	-0.03	-0.06	0.02	0.12	0.22
Filing Date Shares Outstanding	840.07	567.94	488.73	486.77	485.95
Total Common Shares Outstanding	840.07	567.94	488.73	486.77	485.95
Working Capital	5.6	11.06	51.89	107.68	154.33
Book Value Per Share	0.19	0.24	0.38	0.46	0.52
Tangible Book Value	149.7	125.62	171.95	213.88	238.77
Tangible Book Value Per Share	0.18	0.22	0.35	0.44	0.49
Land	2.31	-	-	2.31	2.35
Buildings	47.71	-	-	47.6	46
Machinery	27.74	-	-	24.82	20.36
Construction In Progress	122.17	-	-	56.72	34.76
Leasehold Improvements	1.43	-	-	1.15	0.74

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