FLUENT Corp. (CSE:FNT.U)

FLUENT Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	10.61	35.61	10.52	8.36	9.02	3.39
Cash & Short-Term Investments	10.61	35.61	10.52	8.36	9.02	3.39
Cash Growth	18.81%	238.43%	25.86%	-7.37%	166.04%	34.82%
Accounts Receivable	0.86	0.42	0.22	0.03	0.03	0.15
Other Receivables	-	-	-	-	-	0.24
Receivables	0.86	0.42	0.22	0.03	0.03	0.39
Inventory	19	18.84	9.85	9.97	12.28	6.92
Prepaid Expenses	1.93	0.61	0.51	0.86	1.2	1.1
Restricted Cash	4.5	4.5	-	-	-	-
Other Current Assets	0.81	1.45	1.1	0.02	1.01	0.22
Total Current Assets	37.71	61.43	22.19	19.24	23.54	12.03
Property, Plant & Equipment	123.13	98.93	59.59	62.21	53.33	38.61
Long-Term Investments	-	-	-	-	2.73	1.05
Goodwill	1.53	1.53	1.53	1.53	1.53	1.53
Other Intangible Assets	37.26	37.59	93.59	94.29	95.82	97.04
Long-Term Deferred Tax Assets	1.9	1.04	-	-	-	-
Long-Term Deferred Charges	-	0.21	-	-	-	-
Other Long-Term Assets	2.11	6.26	0.91	0.77	0.63	0.43
Total Assets	203.63	206.99	177.8	178.03	182.46	154.53
Accounts Payable	5.34	6.33	5.53	6.93	8.52	4.81
Accrued Expenses	9.85	8.42	9.78	5.53	5.85	7.61
Short-Term Debt	1.04	0.45	0.09	-	-	-
Current Portion of Long-Term Debt	0.95	0.31	0.12	0.74	0.62	38.58
Current Portion of Leases	5.57	4.75	2.87	2.12	2.5	1.89
Current Income Taxes Payable	-	1	22.01	13.95	2.12	8.93
Other Current Liabilities	1.62	7.11	9.11	8.68	3.96	7.41
Total Current Liabilities	24.37	28.37	49.51	37.96	23.56	69.24
Long-Term Debt	77.46	75.26	61.19	56.97	53.67	13.18
Long-Term Leases	70.81	51.73	37.24	33.92	21.09	20.81
Long-Term Deferred Tax Liabilities	4.71	4.82	17.4	20.29	21.56	23.47
Other Long-Term Liabilities	66.86	55.81	3.88	1.33	-	-
Total Liabilities	244.2	215.98	169.22	150.47	119.89	126.7
Common Stock	206.63	206.42	183.69	180.95	180.66	137.84
Retained Earnings	-290.22	-258.21	-217.82	-195.07	-157.65	-138.61
Comprehensive Income & Other	43.03	42.81	42.72	41.68	39.56	28.61
Total Common Equity	-40.56	-8.98	8.59	27.56	62.57	27.83
Shareholders' Equity	-40.56	-8.98	8.59	27.56	62.57	27.83
Total Liabilities & Equity	203.63	206.99	177.8	178.03	182.46	154.53
Total Debt	155.82	132.49	101.52	93.76	77.88	74.47
Net Cash (Debt)	-145.21	-96.88	-91	-85.4	-68.86	-71.08
Net Cash Per Share	-0.31	-0.32	-0.31	-0.34	-0.30	-0.36
Filing Date Shares Outstanding	637.34	472.31	299.53	264.96	251.92	187.92
Total Common Shares Outstanding	637.34	472.31	299.53	264.96	251.92	187.92
Working Capital	13.34	33.06	-27.31	-18.72	-0.03	-57.21
Book Value Per Share	-0.06	-0.02	0.03	0.10	0.25	0.15
Tangible Book Value	-79.35	-48.1	-86.53	-68.26	-34.78	-70.73
Tangible Book Value Per Share	-0.12	-0.10	-0.29	-0.26	-0.14	-0.38
Land	-	-	0.21	0.21	0.21	0.21
Buildings	-	-	-	-	-	0.08
Machinery	21.54	19.86	15.26	13.55	12.5	7.6
Construction In Progress	2.13	21.17	0.89	1.63	1.46	2.13
Leasehold Improvements	81.44	51.6	42.43	37.64	32.29	15.54

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