Q2 Holdings 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	472.39	358.56	229.66	199.6	322.85	407.7
Short-Term Investments	96.34	88.07	94.35	233.75	104.88	131.35
Cash & Short-Term Investments	568.73	446.63	324.01	433.35	427.73	539.06
Cash Growth	39.45%	37.84%	-25.23%	1.32%	-20.65%	307.08%
Receivables	76.11	49.97	52.09	55.64	48.82	37.52
Prepaid Expenses	20.41	23.51	11.63	10.83	10.53	8.86
Restricted Cash	2.14	2.23	3.98	2.3	2.97	3.48
Other Current Assets	39.87	36.32	36.26	28.95	32.4	27.3
Total Current Assets	707.27	558.66	427.96	531.08	522.45	616.22
Property, Plant & Equipment	53.26	61.93	76.63	96.53	118.89	84.27
Goodwill	512.87	512.87	512.87	512.87	512.87	462.27
Other Intangible Assets	82.32	94.63	121.57	145.68	162.46	184.86
Long-Term Accounts Receivable	12.36	9.48	12.21	16.19	22.1	18.69
Long-Term Deferred Charges	56.14	54.52	47.57	45.12	43.97	47.97
Other Long-Term Assets	2.49	2.7	2.61	2.26	2.31	2.43
Total Assets	1,427	1,295	1,201	1,350	1,385	1,417
Accounts Payable	8.13	9.35	19.35	10.06	10.6	7.89
Accrued Expenses	50.21	48.48	41.13	41.57	46.33	40.04
Current Portion of Long-Term Debt	493.93	190.33	-	10.9	-	-
Current Portion of Leases	9.09	10.33	10.44	9.41	9	6.84
Current Unearned Revenue	170.29	137.7	118.72	117.47	98.69	81.94
Other Current Liabilities	-	2.7	1.92	2.64	3.74	9.12
Total Current Liabilities	731.65	398.9	191.56	192.04	168.36	145.83
Long-Term Debt	-	302.12	490.46	657.79	551.6	557.47
Long-Term Leases	36.06	38.35	45.59	52.99	61.37	36.74
Long-Term Unearned Revenue	28.65	27.28	17.35	21.69	29.17	29.2
Other Long-Term Liabilities	7.46	10.36	7.98	6.19	4.25	4.1
Total Liabilities	803.82	777	752.95	930.7	814.75	773.34
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,257	1,184	1,075	982.3	1,064	1,025
Retained Earnings	-632.67	-664.23	-625.69	-560.31	-493.93	-381.19
Comprehensive Income & Other	-1.86	-1.87	-1.11	-2.97	-0.14	-0.03
Shareholders' Equity	622.89	517.8	448.48	419.02	570.3	643.36
Total Liabilities & Equity	1,427	1,295	1,201	1,350	1,385	1,417
Total Debt	539.08	541.12	546.49	731.09	621.97	601.05
Net Cash (Debt)	29.65	-94.49	-222.48	-297.74	-194.25	-62
Net Cash Per Share	0.46	-1.57	-3.81	-5.20	-3.44	-1.19
Filing Date Shares Outstanding	62.53	60.73	59.07	57.74	56.93	55.6
Total Common Shares Outstanding	62.51	60.73	59.03	57.73	56.93	55.56
Working Capital	-24.38	159.76	236.4	339.03	354.09	470.39
Book Value Per Share	9.96	8.53	7.60	7.26	10.02	11.58
Tangible Book Value	27.7	-89.71	-185.96	-239.53	-105.03	-3.77
Tangible Book Value Per Share	0.44	-1.48	-3.15	-4.15	-1.85	-0.07
Machinery	-	80.58	77.94	75.79	68.8	58.97
Leasehold Improvements	-	30.5	28.22	26.55	26.17	15.2

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