Ocugen 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	32.57	58.51	39.46	77.56	94.96	24.04
Short-Term Investments	-	-	-	13.37	-	-
Cash & Short-Term Investments	32.57	58.51	39.46	90.93	94.96	24.04
Cash Growth	-15.84%	48.28%	-56.60%	-4.24%	295.02%	222.93%
Prepaid Expenses	5.07	3.17	3.51	7.56	7.69	1.84
Total Current Assets	37.64	61.68	42.97	98.49	102.65	25.88
Property, Plant & Equipment	14.95	20.17	21.23	9.96	2.75	1.07
Other Long-Term Assets	5.01	0.59	0.34	0.18	0.36	0.43
Total Assets	57.6	82.44	64.55	108.63	105.76	27.38
Accounts Payable	4.57	4.24	3.17	8.06	2.31	0.4
Accrued Expenses	5.13	4.31	2.67	8.39	4.33	2.94
Current Portion of Long-Term Debt	-	1.33	-	-	-	0.23
Current Portion of Leases	0.86	0.52	0.57	0.5	0.36	0.04
Current Unearned Revenue	5.68	8.37	10.53	11.22	-	-
Other Current Liabilities	4.12	2.82	0.15	0.36	-	-
Total Current Liabilities	20.36	21.59	17.09	28.53	7	3.61
Long-Term Debt	28.4	27.35	2.8	2.29	1.71	1.82
Long-Term Leases	3.71	3.31	3.57	3.59	1.23	0.39
Other Long-Term Liabilities	1.59	0.56	0.53	0.24	-	-
Total Liabilities	54.06	52.81	23.98	34.65	9.94	5.83
Common Stock	3.13	2.92	2.57	2.22	2	1.84
Additional Paid-In Capital	390.76	366.94	324.19	294.87	225.54	93.06
Retained Earnings	-390.36	-340.22	-286.17	-223.09	-131.67	-73.3
Treasury Stock	-0.05	-0.05	-0.05	-0.05	-0.05	-0.05
Comprehensive Income & Other	0.06	0.05	0.02	0.03	-	-
Total Common Equity	3.53	29.63	40.56	73.98	95.82	21.55
Shareholders' Equity	3.53	29.63	40.56	73.98	95.82	21.55
Total Liabilities & Equity	57.6	82.44	64.55	108.63	105.76	27.38
Total Debt	32.96	32.5	6.94	6.37	3.31	2.49
Net Cash (Debt)	-0.4	26.01	32.52	84.56	91.65	21.55
Net Cash Growth	-	-20.02%	-61.54%	-7.74%	325.32%	256.98%
Net Cash Per Share	-0.00	0.10	0.13	0.39	0.47	0.19
Filing Date Shares Outstanding	312.32	292.01	257.33	226.42	199.49	188.09
Total Common Shares Outstanding	312.32	291.37	256.57	221.6	199.38	184.01
Working Capital	17.28	40.09	25.88	69.96	95.65	22.26
Book Value Per Share	0.01	0.10	0.16	0.33	0.48	0.12
Tangible Book Value	3.53	29.63	40.56	73.98	95.82	21.55
Tangible Book Value Per Share	0.01	0.10	0.16	0.33	0.48	0.12
Machinery	3.78	3.63	1.89	2.02	1.14	0.62
Construction In Progress	-	-	14.54	3.05	0.23	-
Leasehold Improvements	16.09	16.09	2.09	1.6	0.17	0.18

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