Commerce.com 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	44.26	88.88	71.72	91.57	297.56
Short-Term Investments	96.84	89.28	198.42	211.94	102.32
Cash & Short-Term Investments	141.1	178.16	270.13	303.51	399.88
Cash Growth	-20.80%	-34.05%	-11.00%	-24.10%	82.22%
Receivables	49.97	48.12	37.71	35.07	39.81
Prepaid Expenses	15.35	14.64	24.73	28.03	9.71
Restricted Cash	1.91	1.48	1.13	1.46	1.14
Other Current Assets	6.05	8.82	8.28	6.17	4.01
Total Current Assets	214.36	251.22	341.99	374.25	454.55
Property, Plant & Equipment	21.07	11.12	14.64	14.97	16.94
Goodwill	51.93	51.93	52.09	49.75	42.43
Other Intangible Assets	11.29	17.32	27.05	27.58	35.03
Long-Term Deferred Charges	3.47	5.56	7.06	7.04	5.67
Other Long-Term Assets	6.68	3.15	1.24	0.47	0.83
Total Assets	308.79	340.29	444.06	474.06	555.46
Accounts Payable	9.87	7.02	7.98	7.01	8.21
Accrued Expenses	4.79	22	17.58	18.16	20.94
Current Portion of Long-Term Debt	4.04	-	-	-	-
Current Portion of Leases	1.58	2.44	2.54	2.61	2.65
Current Unearned Revenue	59.58	46.59	32.24	17.78	12.75
Other Current Liabilities	28.34	9.96	10.4	33.23	18.26
Total Current Liabilities	108.19	88.01	70.75	78.79	62.81
Long-Term Debt	153.01	216.47	339.61	337.5	335.54
Long-Term Leases	6.89	1.68	7.61	10.01	10.22
Long-Term Unearned Revenue	-	-	-	-	1.36
Other Long-Term Liabilities	1.35	0.77	0.55	2.09	7.25
Total Liabilities	269.44	306.92	418.53	428.38	417.17
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	680.15	654.91	620.02	576.85	528.54
Retained Earnings	-641.03	-621.69	-594.66	-529.99	-390.07
Comprehensive Income & Other	0.22	0.15	0.16	-1.2	-0.19
Total Common Equity	39.35	33.37	25.53	45.67	138.29
Shareholders' Equity	39.35	33.37	25.53	45.67	138.29
Total Liabilities & Equity	308.79	340.29	444.06	474.06	555.46
Total Debt	165.52	220.58	349.77	350.11	348.41
Net Cash (Debt)	-24.42	-42.42	-79.63	-46.6	51.47
Net Cash Growth	-	-	-	-	-74.72%
Net Cash Per Share	-0.30	-0.55	-1.06	-0.64	0.73
Filing Date Shares Outstanding	81.44	78.6	76.6	74.12	72.47
Total Common Shares Outstanding	81.44	78.57	76.41	73.95	72.31
Working Capital	106.18	163.21	271.24	295.46	391.74
Book Value Per Share	0.48	0.42	0.33	0.62	1.91
Tangible Book Value	-23.86	-35.88	-53.61	-31.66	60.82
Tangible Book Value Per Share	-0.29	-0.46	-0.70	-0.43	0.84
Machinery	-	4.67	14.04	13.11	10.66
Leasehold Improvements	-	3.24	6.39	6.35	6.23

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