MariMed 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	6.6	7.28	14.65	9.74	29.68	3
Short-Term Investments	-	-	0.09	0.12	0.25	1.36
Cash & Short-Term Investments	6.6	7.28	14.73	9.86	29.93	4.36
Cash Growth	-32.61%	-50.57%	49.42%	-67.06%	587.15%	99.11%
Accounts Receivable	7.96	8.74	7.2	4.16	1.67	6.68
Other Receivables	-	0.56	0.63	0.73	1.68	1.94
Receivables	8.82	9.35	7.88	7.53	3.47	9.27
Inventory	40.04	33.49	25.31	19.48	9.77	6.83
Other Current Assets	4.64	3.39	3.51	7.28	1.44	0.58
Total Current Assets	60.09	53.51	51.43	44.15	44.61	21.04
Property, Plant & Equipment	103.78	106.97	102.11	77.29	67.28	50.96
Long-Term Investments	-	-	0.22	-	-	1.17
Goodwill	22.66	15.81	11.99	8.08	2.07	2.07
Other Intangible Assets	18.02	18.64	17.01	14.2	0.16	0.16
Other Long-Term Assets	1.06	11.22	12.54	1.02	0.1	0.08
Total Assets	205.6	206.99	196.12	152.2	123.21	76.45
Accounts Payable	11.24	13.19	9	6.63	5.1	5.04
Accrued Expenses	9.03	4.44	3.55	3.09	3.15	3.78
Short-Term Debt	-	-	-	-	-	1.16
Current Portion of Long-Term Debt	2.32	5.13	0.72	3.77	1.41	11.28
Current Portion of Leases	4.21	4.01	3.16	1.51	1.1	1.05
Current Income Taxes Payable	28.13	21.92	14.43	11.49	16.47	0.9
Current Unearned Revenue	1.65	-	-	-	-	-
Other Current Liabilities	-	-	-	-	-	0.02
Total Current Liabilities	56.58	48.68	30.86	26.49	27.22	23.23
Long-Term Debt	70.86	69.86	65.65	25.94	17.26	25.43
Long-Term Leases	9.01	9.48	10.6	4.63	4.6	4.87
Other Long-Term Liabilities	0.1	0.1	0.1	0.1	0.1	0.1
Total Liabilities	136.55	128.11	107.21	57.17	49.18	53.62
Common Stock	0.39	0.38	0.38	0.34	0.33	0.31
Additional Paid-In Capital	179.06	173.37	171.14	142.37	134.92	112.97
Retained Earnings	-123.3	-112.12	-99.96	-83.92	-97.39	-104.62
Comprehensive Income & Other	-	-	-	0.04	-	0.01
Total Common Equity	56.15	61.63	71.56	58.82	37.86	8.68
Minority Interest	-1.83	-1.75	-1.65	-1.51	-1.56	-0.58
Shareholders' Equity	69.05	78.88	88.91	95.04	74.02	22.83
Total Liabilities & Equity	205.6	206.99	196.12	152.2	123.21	76.45
Total Debt	86.4	88.47	80.13	35.86	24.37	43.78
Net Cash (Debt)	-79.8	-81.19	-65.39	-26	5.57	-39.42
Net Cash Per Share	-0.21	-0.21	-0.18	-0.07	0.01	-0.12
Filing Date Shares Outstanding	395.07	382.17	375.13	341.48	335.18	319.13
Total Common Shares Outstanding	394.45	381.48	375.13	341.47	334.03	314.42
Working Capital	3.51	4.83	20.57	17.66	17.39	-2.18
Book Value Per Share	0.14	0.16	0.19	0.17	0.11	0.03
Tangible Book Value	15.48	27.18	42.56	36.54	35.63	6.45
Tangible Book Value Per Share	0.04	0.07	0.11	0.11	0.11	0.02
Land	6.15	6.15	4.82	4.45	4.45	3.99
Buildings	56.77	55.83	54.74	43.54	35.23	29.31
Machinery	21.79	21.85	18.59	12.1	9.11	5.24
Construction In Progress	0.59	0.08	0.43	4.76	10.57	3.14
Leasehold Improvements	31.44	31.89	25.45	17.02	9.75	8.84

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