AST SpaceMobile 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	2,336	564.99	85.62	238.59	321.79
Cash & Short-Term Investments	2,336	564.99	85.62	238.59	321.79
Cash Growth	313.40%	559.86%	-64.11%	-25.86%	652.24%
Accounts Receivable	37.73	-	-	-	2.17
Other Receivables	-	-	-	1.67	1.58
Receivables	37.73	-	-	1.67	3.75
Inventory	12.01	-	-	-	1.41
Prepaid Expenses	11.96	7.89	4.59	4.1	2.83
Restricted Cash	0.88	2.55	2.48	0.67	2.75
Other Current Assets	60.26	24.83	14.19	23.28	3.27
Total Current Assets	2,459	600.25	106.88	268.31	335.8
Property, Plant & Equipment	1,418	351.68	251.7	153.66	103.93
Goodwill	-	-	-	-	3.64
Other Intangible Assets	245.09	-	-	-	-
Other Long-Term Assets	892.6	2.63	2.31	16.4	0.56
Total Assets	5,014	954.56	360.89	438.37	443.94
Accounts Payable	46.76	17	20.58	13.93	6.64
Accrued Expenses	69.25	5.59	10.41	8.03	4.48
Current Portion of Long-Term Debt	12	2.92	0.25	0.24	-
Current Portion of Leases	2.45	1.86	1.47	0.72	0.63
Current Unearned Revenue	19.89	41.97	2.25	2.5	6.64
Other Current Liabilities	-	6.6	11.27	2.37	2.99
Total Current Liabilities	150.34	75.94	46.22	27.8	21.38
Long-Term Debt	2,208	155.57	59.25	4.76	5
Long-Term Leases	17.48	12.65	11.9	7.05	7.53
Long-Term Unearned Revenue	207.09	-	-	-	-
Other Long-Term Liabilities	39.56	41.25	29.96	38.95	58.06
Total Liabilities	2,622	285.42	147.33	78.55	91.96
Common Stock	0.04	0.03	0.02	0.02	0.02
Additional Paid-In Capital	2,672	969	288.4	235.38	171.16
Retained Earnings	-831.69	-489.75	-189.66	-102.1	-70.46
Comprehensive Income & Other	1.35	-0.18	0.23	0.23	-0.43
Total Common Equity	1,841	479.12	98.99	133.53	100.28
Minority Interest	550.85	190.03	114.57	226.29	251.69
Shareholders' Equity	2,392	669.15	213.56	359.83	351.97
Total Liabilities & Equity	5,014	954.56	360.89	438.37	443.94
Total Debt	2,240	173	72.87	12.77	13.16
Net Cash (Debt)	96.17	391.99	12.75	225.82	308.63
Net Cash Growth	-75.47%	2974.42%	-94.35%	-26.83%	763.73%
Net Cash Per Share	0.38	2.54	0.16	4.15	5.97
Filing Date Shares Outstanding	285.45	227.1	138.13	71.88	51.78
Total Common Shares Outstanding	285.45	208.17	90.16	71.82	51.73
Working Capital	2,308	524.3	60.66	240.51	314.43
Book Value Per Share	6.45	2.30	1.10	1.86	1.94
Tangible Book Value	1,596	479.12	98.99	133.53	96.64
Tangible Book Value Per Share	5.59	2.30	1.10	1.86	1.87
Land	-	1.35	1.35	1.35	1.35
Buildings	-	16.01	14.56	10.27	-
Machinery	-	302.5	142.72	21.95	16.11
Construction In Progress	-	129.31	130.68	109.49	74.32
Leasehold Improvements	-	9.44	9.11	8.2	6.42

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