EDAP TMS Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. 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	17.42	29.94	43.47	63.14	47.18
Cash & Short-Term Investments	17.42	29.94	43.47	63.14	47.18
Cash Growth	-41.82%	-31.13%	-31.15%	33.81%	91.05%
Accounts Receivable	18.13	18.36	16.96	12.8	10.25
Other Receivables	1.1	1.69	1.38	1.52	1.26
Receivables	19.23	20.36	19.24	14.94	12.12
Inventory	10.93	18.56	15.11	11.78	7.5
Prepaid Expenses	1.11	1.26	0.66	0.66	0.58
Other Current Assets	-	-0	-	-0	-
Total Current Assets	48.69	70.12	78.48	90.52	67.38
Property, Plant & Equipment	11.5	10.37	8.19	5.98	5.17
Goodwill	2.41	2.42	2.41	2.41	2.41
Other Intangible Assets	1.53	1.09	1.08	0.73	0.73
Long-Term Accounts Receivable	0.47	-	-	-	-
Long-Term Deferred Tax Assets	0.93	0.84	0.73	0.83	0.9
Other Long-Term Assets	1.75	1.53	0.65	0.66	0.63
Total Assets	67.28	86.36	91.55	101.12	77.23
Accounts Payable	9.98	12.6	11.24	6.64	5.51
Accrued Expenses	7.16	8.19	6.09	5.26	3.88
Short-Term Debt	5.15	6.32	2.53	1.85	1.92
Current Portion of Long-Term Debt	1.81	2.42	1.55	1.6	0.83
Current Portion of Leases	1.06	1.17	1.09	1.13	1.01
Current Income Taxes Payable	0.16	-0.01	0.08	0.22	0.5
Current Unearned Revenue	6.05	6.66	4.05	4.05	3.87
Other Current Liabilities	0.26	0.59	0.97	0.96	0.43
Total Current Liabilities	31.63	37.94	27.6	21.71	17.95
Long-Term Debt	13.54	2.17	2	3.59	4.93
Long-Term Leases	2.07	1.95	1.32	1.22	1.32
Long-Term Unearned Revenue	1.2	0.8	1.11	0.73	0.44
Pension & Post-Retirement Benefits	1.79	2.18	2.24	1.96	2.28
Other Long-Term Liabilities	0.51	0.28	0.37	0.28	0.25
Total Liabilities	50.75	45.32	34.63	29.49	27.17
Common Stock	5.17	5.85	4.85	4.78	4.39
Additional Paid-In Capital	128.87	143.7	120.91	113.95	89.62
Retained Earnings	-109.54	-95.98	-63.55	-42.37	-39.44
Treasury Stock	-0.87	-0.98	-0.8	-0.9	-0.93
Comprehensive Income & Other	-7.1	-11.54	-4.49	-3.83	-3.59
Shareholders' Equity	16.53	41.04	56.92	71.63	50.05
Total Liabilities & Equity	67.28	86.36	91.55	101.12	77.23
Total Debt	23.63	14.02	8.49	9.39	10.01
Net Cash (Debt)	-6.21	15.92	34.99	53.75	37.18
Net Cash Growth	-	-54.51%	-34.91%	44.57%	173.70%
Net Cash Per Share	-0.17	0.43	0.95	1.56	1.15
Filing Date Shares Outstanding	37.48	37.39	37.1	36.93	33.47
Total Common Shares Outstanding	37.48	37.39	37.1	36.91	33.47
Working Capital	17.05	32.18	50.88	68.81	49.43
Book Value Per Share	0.44	1.10	1.53	1.94	1.50
Tangible Book Value	12.59	37.53	53.43	68.5	46.91
Tangible Book Value Per Share	0.34	1.00	1.44	1.86	1.40
Machinery	17.23	16.31	14.69	11.91	11.15

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