AST SpaceMobile 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	1,204	564.99	85.62	238.59	321.79	42.78
Cash & Short-Term Investments	1,204	564.99	85.62	238.59	321.79	42.78
Cash Growth	133.21%	559.86%	-64.11%	-25.86%	652.24%	61.43%
Accounts Receivable	11.49	-	-	-	2.17	2.08
Other Receivables	-	-	-	1.67	1.58	-
Receivables	11.49	-	-	1.67	3.75	2.08
Inventory	10.89	-	-	-	1.41	2.59
Prepaid Expenses	9.27	7.89	4.59	4.1	2.83	1.25
Restricted Cash	15.84	2.55	2.48	0.67	2.75	-
Other Current Assets	25.24	24.83	14.19	23.28	3.27	2.23
Total Current Assets	1,277	600.25	106.88	268.31	335.8	50.93
Property, Plant & Equipment	1,023	351.68	251.7	153.66	103.93	44.12
Goodwill	-	-	-	-	3.64	3.91
Other Intangible Assets	213.77	-	-	-	-	0.53
Other Long-Term Assets	36.81	2.63	2.31	16.4	0.56	0.16
Total Assets	2,551	954.56	360.89	438.37	443.94	99.65
Accounts Payable	50.71	17	20.58	13.93	6.64	4.99
Accrued Expenses	15.86	5.59	10.41	8.03	4.48	1.82
Current Portion of Long-Term Debt	8.95	2.92	0.25	0.24	-	-
Current Portion of Leases	2.14	1.86	1.47	0.72	0.63	0.5
Current Income Taxes Payable	-	-	-	-	-	0.03
Current Unearned Revenue	23.07	41.97	2.25	2.5	6.64	3.4
Other Current Liabilities	32.85	6.6	11.27	2.37	2.99	2.37
Total Current Liabilities	133.58	75.94	46.22	27.8	21.38	13.12
Long-Term Debt	697.63	155.57	59.25	4.76	5	-
Long-Term Leases	13.77	12.65	11.9	7.05	7.53	6.54
Other Long-Term Liabilities	36.41	41.25	29.96	38.95	58.06	-
Total Liabilities	924.88	285.42	147.33	78.55	91.96	19.66
Common Stock	0.04	0.03	0.02	0.02	0.02	117.57
Additional Paid-In Capital	1,997	969	288.4	235.38	171.16	-
Retained Earnings	-757.72	-489.75	-189.66	-102.1	-70.46	-39.91
Comprehensive Income & Other	1.17	-0.18	0.23	0.23	-0.43	-0.17
Total Common Equity	1,240	479.12	98.99	133.53	100.28	77.5
Minority Interest	385.55	190.03	114.57	226.29	251.69	2.49
Shareholders' Equity	1,626	669.15	213.56	359.83	351.97	79.99
Total Liabilities & Equity	2,551	954.56	360.89	438.37	443.94	99.65
Total Debt	722.48	173	72.87	12.77	13.16	7.05
Net Cash (Debt)	481.8	391.99	12.75	225.82	308.63	35.73
Net Cash Growth	59.06%	2974.42%	-94.35%	-26.83%	763.73%	44.38%
Net Cash Per Share	2.05	2.54	0.16	4.15	5.97	6.50
Filing Date Shares Outstanding	277.63	227.1	138.13	71.88	51.78	51.73
Total Common Shares Outstanding	271.98	208.17	90.16	71.82	51.73	5.5
Working Capital	1,143	524.3	60.66	240.51	314.43	37.82
Book Value Per Share	4.56	2.30	1.10	1.86	1.94	14.09
Tangible Book Value	1,027	479.12	98.99	133.53	96.64	73.06
Tangible Book Value Per Share	3.77	2.30	1.10	1.86	1.87	13.28
Land	1.35	1.35	1.35	1.35	1.35	-
Buildings	18.25	16.01	14.56	10.27	-	-
Machinery	335.41	302.5	142.72	21.95	16.11	6.73
Construction In Progress	797.23	129.31	130.68	109.49	74.32	27.01
Leasehold Improvements	11.87	9.44	9.11	8.2	6.42	3.54

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