Verimatrix 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	7.1	11.01	22.63	30.05	45.27
Cash & Short-Term Investments	7.1	11.01	22.63	30.05	45.27
Cash Growth	-35.50%	-51.35%	-24.70%	-33.63%	-6.87%
Accounts Receivable	16.7	26.85	28.74	32.94	39.72
Other Receivables	2.7	1.09	1.07	1.25	2.36
Receivables	19.4	27.94	31.35	35.63	43.55
Inventory	0.4	0.39	0.39	0.34	0.36
Prepaid Expenses	-	1.59	2.21	3.45	1.42
Other Current Assets	8.5	-	0.06	0.35	0.05
Total Current Assets	35.4	40.92	56.64	69.82	90.65
Property, Plant & Equipment	3	4.25	5.7	6.99	8.04
Goodwill	48.2	115.23	115.23	115.23	115.23
Other Intangible Assets	4.2	10.46	12.96	16.51	22.33
Long-Term Accounts Receivable	-	-	-	0.23	1.87
Other Long-Term Assets	0.6	1.08	1.34	1.13	1.11
Total Assets	91.4	171.93	191.87	209.91	239.22
Accounts Payable	5	4.22	4.64	5.35	5.14
Accrued Expenses	-	5.87	6.17	8.11	9.54
Current Portion of Long-Term Debt	20.6	0.73	24.46	2.07	17.57
Current Portion of Leases	-	1.67	1.66	1.59	1.59
Current Income Taxes Payable	1	0.38	0.62	0.44	0.43
Current Unearned Revenue	9.1	15.24	15.8	13.81	11.96
Other Current Liabilities	9.2	0.5	0.2	0.22	1.17
Total Current Liabilities	44.9	28.61	53.54	31.59	47.4
Long-Term Debt	6.8	25.14	8.06	31.79	28.35
Long-Term Leases	4.7	4.72	6.38	8.05	9.29
Long-Term Deferred Tax Liabilities	-	0.96	0.98	0.89	1.36
Other Long-Term Liabilities	0.4	0.95	1.14	1.73	1.3
Total Liabilities	56.8	60.38	70.1	74.04	87.7
Common Stock	10.6	41.52	41.52	41.52	41.52
Additional Paid-In Capital	93.9	94.75	94.75	94.75	94.75
Retained Earnings	-70	-24.72	-14.5	-0.4	15.26
Comprehensive Income & Other	0.1	-	-	-	-
Shareholders' Equity	34.6	111.55	121.77	135.87	151.53
Total Liabilities & Equity	91.4	171.93	191.87	209.91	239.22
Total Debt	32.1	32.27	40.56	43.5	56.81
Net Cash (Debt)	-25	-21.26	-17.93	-13.46	-11.54
Net Cash Per Share	-	-0.25	-0.21	-0.16	-0.13
Filing Date Shares Outstanding	-	87.09	85.3	85.33	85.39
Total Common Shares Outstanding	-	87.09	85.3	85.33	85.39
Working Capital	-9.5	12.32	3.1	38.23	43.25
Book Value Per Share	-	1.28	1.43	1.59	1.77
Tangible Book Value	-17.8	-14.14	-6.42	4.13	13.97
Tangible Book Value Per Share	-	-0.16	-0.08	0.05	0.16

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