Energy Recovery 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	47.1	29.63	68.1	56.35	74.36	94.26
Short-Term Investments	23.28	48.39	40.45	33.48	31.33	20.45
Cash & Short-Term Investments	70.38	78.02	108.54	89.83	105.69	114.7
Cash Growth	-40.67%	-28.12%	20.83%	-15.00%	-7.86%	34.75%
Accounts Receivable	46.81	66.84	47.53	35.78	21.11	13.1
Other Receivables	-	0.64	0.58	0.32	-	-
Receivables	46.81	67.48	48.11	36.1	21.11	13.1
Inventory	33.57	24.91	26.15	28.37	20.38	11.75
Prepaid Expenses	4.87	1.67	1.71	1.48	1.82	1.56
Other Current Assets	-	1.58	0.96	2.09	2.76	2.08
Total Current Assets	155.62	173.66	185.47	157.87	151.76	143.19
Property, Plant & Equipment	21.54	25.12	30.17	32.7	35.01	36.27
Long-Term Investments	9.56	21.83	13.83	3.06	2.3	-
Goodwill	12.79	12.79	12.79	12.79	12.79	12.79
Other Intangible Assets	-	-	-	-	0.04	0.05
Long-Term Accounts Receivable	-	-	-	-	-	0.58
Long-Term Deferred Tax Assets	9.71	9	10.32	10.26	11.42	11.03
Other Long-Term Assets	0.43	0.39	0.39	0.37	0.37	0.41
Total Assets	209.65	242.79	252.97	217.04	213.69	204.31
Accounts Payable	4.74	3.11	3	0.81	0.91	1.12
Accrued Expenses	11.04	15.69	13.45	13.46	13.12	11.06
Current Portion of Leases	2.47	2.02	1.79	1.6	1.56	1.24
Current Income Taxes Payable	0.04	0.95	1.08	0.27	-	-
Current Unearned Revenue	1.93	0.57	1.1	1.2	3.32	1.55
Other Current Liabilities	0.99	1.09	1.06	0.97	0.88	0.76
Total Current Liabilities	21.22	23.43	21.47	18.3	19.79	15.73
Long-Term Leases	7.53	9.3	11.49	13.28	14.88	16.44
Long-Term Unearned Revenue	-	-	0.09	0.12	0.09	0.09
Other Long-Term Liabilities	0.07	0.06	0.12	-	0.16	0.43
Total Liabilities	28.81	32.78	33.17	31.7	34.91	32.69
Common Stock	0.07	0.07	0.07	0.06	0.06	0.06
Additional Paid-In Capital	242.34	235.01	217.62	204.96	195.59	179.16
Retained Earnings	101.75	105.71	82.66	61.15	37.1	22.83
Treasury Stock	-163.37	-130.87	-80.49	-80.49	-53.83	-30.49
Comprehensive Income & Other	0.03	0.1	-0.04	-0.35	-0.15	0.05
Shareholders' Equity	180.83	210.01	219.81	185.34	178.78	171.62
Total Liabilities & Equity	209.65	242.79	252.97	217.04	213.69	204.31
Total Debt	10	11.32	13.28	14.88	16.44	17.69
Net Cash (Debt)	60.38	66.7	95.26	74.96	89.25	97.02
Net Cash Growth	-43.46%	-29.98%	27.10%	-16.01%	-8.01%	10.26%
Net Cash Per Share	1.09	1.15	1.65	1.30	1.52	1.71
Filing Date Shares Outstanding	52.97	54.96	57.08	56.28	56.81	57.1
Total Common Shares Outstanding	52.98	54.79	56.88	56.08	56.82	56.34
Working Capital	134.4	150.23	164	139.57	131.98	127.46
Book Value Per Share	3.41	3.83	3.86	3.31	3.15	3.05
Tangible Book Value	168.04	197.22	207.02	172.55	165.95	158.79
Tangible Book Value Per Share	3.17	3.60	3.64	3.08	2.92	2.82
Machinery	-	33.07	34.28	31.74	32.91	33.98
Construction In Progress	-	0.14	1.21	2.41	3.3	0.67
Leasehold Improvements	-	19.42	18.9	17.58	15.22	14.52

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