CSE:API Balance Sheet

Financials in millions CAD. Fiscal year is October - September.

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	6.17	1.3	0.32	2.19	4.3	7.84
Cash & Short-Term Investments	6.17	1.3	0.32	2.19	4.3	7.84
Cash Growth	759.46%	308.40%	-85.44%	-49.02%	-45.15%	344.46%
Other Receivables	0.04	0.06	0.02	0.21	0.33	0.25
Receivables	0.04	0.06	0.02	0.21	0.33	0.25
Prepaid Expenses	0.11	0.11	0.17	0.14	0.1	0.03
Total Current Assets	6.33	1.48	0.51	2.54	4.73	8.13
Property, Plant & Equipment	27.3	29.88	27.79	25.35	20.92	9.67
Other Long-Term Assets	0.05	0.05	0.12	-	-	-
Total Assets	36.62	31.41	28.42	27.89	25.65	17.8
Accounts Payable	0.42	0.92	0.36	0.22	0.17	1.14
Accrued Expenses	0.27	0.22	0.09	-	0.04	0.68
Current Unearned Revenue	-	0	0.08	-	-	0.69
Other Current Liabilities	-	0.04	0.01	-	-	-
Total Current Liabilities	0.68	1.18	0.55	0.22	0.21	2.51
Long-Term Deferred Tax Liabilities	3.05	3.05	2.97	2.91	2.3	-
Total Liabilities	3.73	4.23	3.52	3.12	2.51	2.51
Common Stock	40.85	36.31	34.49	33.05	30.65	22.89
Additional Paid-In Capital	12.05	11.55	11.45	9.3	6.01	4.96
Retained Earnings	-20.88	-21.54	-20.78	-19.5	-17.36	-14.92
Comprehensive Income & Other	0.86	0.9	-0.24	1.91	3.84	2.35
Total Common Equity	32.89	27.21	24.92	24.77	23.14	15.29
Minority Interest	-	-0.03	-0.02	-	-	-
Shareholders' Equity	32.89	27.17	24.9	24.77	23.14	15.29
Total Liabilities & Equity	36.62	31.41	28.42	27.89	25.65	17.8
Net Cash (Debt)	6.17	1.3	0.32	2.19	4.3	7.84
Net Cash Growth	759.46%	308.40%	-85.44%	-49.02%	-45.15%	344.46%
Net Cash Per Share	0.04	0.01	0.00	0.02	0.04	0.08
Filing Date Shares Outstanding	194.87	194.87	136.83	136.33	130.52	108.17
Total Common Shares Outstanding	194.87	168.54	136.83	130.52	123.13	108.17
Working Capital	5.64	0.29	-0.04	2.33	4.52	5.62
Book Value Per Share	0.17	0.16	0.18	0.19	0.19	0.14
Tangible Book Value	32.89	27.21	24.92	24.77	23.14	15.29
Tangible Book Value Per Share	0.17	0.16	0.18	0.19	0.19	0.14
Machinery	0.72	0.72	0.73	0.73	0.71	0.6

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