CSE:ERTH Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	0.5	0.3	0.12	1.04	3.63	1.27
Short-Term Investments	0.39	0.05	0.06	0.05	0.05	0.1
Accounts Receivable	0.8	1.45	1.57	4.29	3.85	3.03
Other Receivables	0.22	0.08	0.07	0.09	0.21	-
Inventory	3.9	2.92	4.16	5.3	11.93	0.93
Prepaid Expenses	0.06	0.13	0.18	0.16	0.04	0.01
Total Current Assets	5.86	4.93	6.16	10.93	19.71	5.34
Property, Plant & Equipment	10.09	10.5	9.28	9.91	9.3	8.79
Goodwill	-	-	-	-	-	1.72
Other Intangible Assets	-	-	4.2	8.57	9.76	10.94
Total Assets	17.21	15.43	19.65	29.41	38.77	26.79
Accounts Payable	3.1	4.14	4.35	5.17	10.9	3.96
Current Portion of Long-Term Debt	4.91	4.47	0.49	0.73	0.52	0.59
Current Portion of Leases	0.26	0.28	0.26	0.23	0.13	0.07
Other Current Liabilities	0.92	0.61	0.82	0.85	4.7	3.11
Total Current Liabilities	9.19	9.49	5.92	6.98	16.25	7.73
Long-Term Debt	0.86	1.48	2.08	2.32	2.98	2.56
Long-Term Leases	0.18	0.23	0.47	0.63	0.52	0.43
Long-Term Deferred Tax Liabilities	-	-	-	1.09	1.7	2.35
Other Long-Term Liabilities	-	-	-	3.1	2.41	3.18
Total Liabilities	10.22	11.2	8.47	14.11	23.86	16.26
Common Stock	32.3	30.51	29.92	29.92	29.92	24.2
Retained Earnings	-35.42	-33.59	-25.48	-21.66	-22.42	-16
Comprehensive Income & Other	10.11	7.31	6.74	7.03	7.42	2.35
Shareholders' Equity	6.99	4.22	11.18	15.29	14.92	10.54
Total Liabilities & Equity	17.21	15.43	19.65	29.41	38.77	26.79
Total Debt	6.21	6.45	3.3	3.9	4.15	3.65
Net Cash (Debt)	-5.32	-6.1	-3.12	-2.81	-0.47	-2.28
Net Cash Per Share	-0.03	-0.04	-0.02	-0.02	-0.00	-0.03
Filing Date Shares Outstanding	201.29	160.44	141.88	141.88	141.88	99.48
Total Common Shares Outstanding	201.29	160.44	141.88	141.88	141.88	92.33
Working Capital	-3.33	-4.57	0.24	3.95	3.46	-2.39
Book Value Per Share	0.03	0.03	0.08	0.11	0.11	0.11
Tangible Book Value	6.99	4.22	6.97	6.72	5.16	-2.13
Tangible Book Value Per Share	0.03	0.03	0.05	0.05	0.04	-0.02
Land	1.43	1.43	1.25	1.25	1.25	1.25
Machinery	13.27	13.38	11.3	11.17	9.98	7.87