Upland Software 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	22.76	56.43	236.56	248.65	189.16	250.03
Cash & Short-Term Investments	22.76	56.43	236.56	248.65	189.16	250.03
Cash Growth	-61.91%	-76.15%	-4.86%	31.45%	-24.35%	42.85%
Accounts Receivable	23.74	42.09	41.47	52.91	55.3	49.03
Other Receivables	3.65	0.76	3.78	0.54	-	-
Receivables	28.1	42.85	45.24	53.45	55.3	49.03
Prepaid Expenses	7.91	10.13	8	8.23	8.71	12.29
Restricted Cash	0.63	0.63	-	-	-	-
Other Current Assets	5.71	8.36	10.43	10.96	9.82	6.18
Total Current Assets	65.1	118.39	300.23	321.3	262.99	317.54
Property, Plant & Equipment	3.83	2.88	4.86	7.55	9.12	12.9
Long-Term Investments	0.05	9.74	14.27	41.17	-	-
Goodwill	258.99	260.98	353.78	477.04	457.47	383.6
Other Intangible Assets	68.61	123.9	182.35	248.85	279.92	279.98
Long-Term Deferred Charges	7.95	12.15	12.57	13.79	14.81	12.96
Other Long-Term Assets	0.58	1.48	1.97	3.76	4.7	4.24
Total Assets	409.11	529.52	870.02	1,113	1,029	1,011
Accounts Payable	1.77	9.39	8.14	14.94	20.36	5.4
Accrued Expenses	9.67	13.1	14.22	18.04	18.92	21.58
Current Portion of Long-Term Debt	4.8	3.22	3.17	3.14	3.17	3.17
Current Portion of Leases	0.83	1	2.35	3.21	3.55	3.32
Current Unearned Revenue	66.88	93.71	102.76	106.47	102.85	87.55
Other Current Liabilities	-	-	-	5.43	7.61	0.42
Total Current Liabilities	83.95	120.42	130.65	151.21	156.44	121.42
Long-Term Debt	229.05	286.97	473.5	511.85	523.57	548.47
Long-Term Leases	2.1	0.76	1.6	4.95	6.77	8.39
Long-Term Unearned Revenue	4.74	4.67	3.86	4.71	2.06	1.59
Long-Term Deferred Tax Liabilities	8.47	11.35	16.03	18.42	22.79	24.09
Other Long-Term Liabilities	0.46	0.43	0.46	1.17	1.08	0.65
Total Liabilities	328.76	424.6	626.09	692.3	712.72	704.61
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	607.86	605.29	609	606.76	568.38	515.22
Retained Earnings	-641.6	-601.6	-488.87	-309	-240.59	-182.37
Comprehensive Income & Other	-13.51	-21.99	6.17	11.11	-11.51	-26.23
Total Common Equity	-47.25	-18.31	126.29	308.87	316.29	306.62
Shareholders' Equity	80.34	104.93	243.93	421.16	316.29	306.62
Total Liabilities & Equity	409.11	529.52	870.02	1,113	1,029	1,011
Total Debt	236.78	291.96	480.62	523.14	537.06	563.34
Net Cash (Debt)	-214.02	-235.53	-244.06	-274.48	-347.9	-313.31
Net Cash Per Share	-7.57	-8.48	-7.61	-8.71	-11.48	-11.76
Filing Date Shares Outstanding	28.89	28.17	28.86	32.22	31.13	29.99
Total Common Shares Outstanding	28.89	28.17	29.91	32.22	31.1	29.99
Working Capital	-18.85	-2.03	169.59	170.08	106.55	196.12
Book Value Per Share	-1.64	-0.65	4.22	9.59	10.17	10.22
Tangible Book Value	-374.84	-403.18	-409.83	-417.02	-421.1	-356.96
Tangible Book Value Per Share	-12.97	-14.31	-13.70	-12.94	-13.54	-11.90
Machinery	-	5.62	6	6.57	16	14.16
Leasehold Improvements	-	0.64	0.84	1.04	1.77	1.75

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