Archer Aviation Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	595.5	834.5	464.6	69.4	746.6	36.6
Short-Term Investments	1,046	-	-	461.8	-	-
Cash & Short-Term Investments	1,641	834.5	464.6	531.2	746.6	36.6
Cash Growth	227.15%	79.62%	-12.54%	-28.85%	1939.89%	260.63%
Prepaid Expenses	30.6	12.5	7.9	9.8	7.6	0.8
Restricted Cash	7.3	6.8	6.9	2.9	0.3	-
Other Current Assets	12.9	4.6	0.8	1.6	0.3	-
Total Current Assets	1,692	858.4	480.2	545.5	754.8	37.4
Property, Plant & Equipment	186.2	134.9	66.5	23.4	10.4	3.9
Other Intangible Assets	5.3	0.3	0.4	0.4	0.5	0.5
Long-Term Deferred Charges	5.9	5.9	6.4	3.7	-	-
Other Long-Term Assets	10.1	1.7	0.8	0.8	2.7	-
Total Assets	1,900	1,001	554.3	573.8	768.4	41.8
Accounts Payable	23.7	14.6	14.3	3.6	3.4	2.1
Accrued Expenses	51.7	41.2	38.3	30.4	10.7	0.2
Current Portion of Long-Term Debt	-	-	-	9.3	9.5	0.6
Current Portion of Leases	5.4	3.7	2.8	3.7	3.1	0.8
Current Income Taxes Payable	-	1.1	1.4	0.3	0.6	-
Current Unearned Revenue	2.2	0.9	-	-	-	-
Other Current Liabilities	10	9.6	57.2	6	1	0.1
Total Current Liabilities	93	71.1	114	53.3	28.3	3.8
Long-Term Debt	64.1	64	7.2	-	9.3	0.3
Long-Term Leases	19.1	11.3	13.2	9.2	1.2	1.5
Long-Term Unearned Revenue	10	11.8	10.8	10	-	-
Other Long-Term Liabilities	59.1	90.4	42	8	30.7	0.3
Total Liabilities	245.3	248.6	187.2	80.5	69.5	5.9
Common Stock	0.1	0.1	-	-	-	-
Additional Paid-In Capital	3,772	2,438	1,516	1,185	1,073	61.7
Retained Earnings	-2,115	-1,686	-1,149	-690.9	-373.6	-25.8
Comprehensive Income & Other	-2.4	-0.3	-	-0.8	-	-
Total Common Equity	1,654	752.6	367.1	493.3	698.9	35.9
Shareholders' Equity	1,654	752.6	367.1	493.3	698.9	35.9
Total Liabilities & Equity	1,900	1,001	554.3	573.8	768.4	41.8
Total Debt	88.6	79	23.2	22.2	23.1	3.2
Net Cash (Debt)	1,553	755.5	441.4	509	723.5	33.4
Net Cash Growth	266.90%	71.16%	-13.28%	-29.65%	2066.17%	548.04%
Net Cash Per Share	2.78	2.01	1.63	2.12	6.53	0.67
Filing Date Shares Outstanding	651.34	542.47	310.57	247.36	234.96	51.99
Total Common Shares Outstanding	651.3	503.78	303.78	241.64	237.73	51.32
Working Capital	1,599	787.3	366.2	492.2	726.5	33.6
Book Value Per Share	2.54	1.49	1.21	2.04	2.94	0.70
Tangible Book Value	1,649	752.3	366.7	492.9	698.4	35.4
Tangible Book Value Per Share	2.53	1.49	1.21	2.04	2.94	0.69
Buildings	67.8	64.4	-	-	-	-
Machinery	53.8	30.6	13.3	6	5.3	1.5
Construction In Progress	37	13.3	18.4	4.8	-	-
Leasehold Improvements	39.8	34.2	33	2.9	1	0.1

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