Verimatrix 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	Jun '25 Jun 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	5.28	11.01	22.63	30.05	45.27	48.61
Cash & Short-Term Investments	5.28	11.01	22.63	30.05	45.27	48.61
Cash Growth	-58.26%	-51.35%	-24.70%	-33.63%	-6.87%	-9.94%
Accounts Receivable	26.75	26.85	28.74	32.94	39.72	40.96
Other Receivables	1.49	1.09	1.07	1.25	2.36	3.28
Receivables	28.24	27.94	31.35	35.63	43.55	45.71
Inventory	0.42	0.39	0.39	0.34	0.36	0.46
Prepaid Expenses	1.79	1.59	2.21	3.45	1.42	0.68
Other Current Assets	0.19	-	0.06	0.35	0.05	9.74
Total Current Assets	35.91	40.92	56.64	69.82	90.65	105.2
Property, Plant & Equipment	3.9	4.25	5.7	6.99	8.04	12.63
Goodwill	55.23	115.23	115.23	115.23	115.23	115.23
Other Intangible Assets	9.14	10.46	12.96	16.51	22.33	21.34
Long-Term Accounts Receivable	-	-	-	0.23	1.87	3.27
Other Long-Term Assets	0.81	1.08	1.34	1.13	1.11	2.94
Total Assets	104.99	171.93	191.87	209.91	239.22	260.61
Accounts Payable	3.7	4.22	4.64	5.35	5.14	6.15
Accrued Expenses	5.39	5.87	6.17	8.11	9.54	11.07
Current Portion of Long-Term Debt	17.9	0.73	24.46	2.07	17.57	0.06
Current Portion of Leases	1.73	1.67	1.66	1.59	1.59	1.19
Current Income Taxes Payable	0.45	0.38	0.62	0.44	0.43	0.89
Current Unearned Revenue	13.87	15.24	15.8	13.81	11.96	11.37
Other Current Liabilities	0.32	0.5	0.2	0.22	1.17	3.81
Total Current Liabilities	43.35	28.61	53.54	31.59	47.4	34.53
Long-Term Debt	8.57	25.14	8.06	31.79	28.35	63.26
Long-Term Leases	3.93	4.72	6.38	8.05	9.29	12.59
Long-Term Deferred Tax Liabilities	1.1	0.96	0.98	0.89	1.36	1.83
Other Long-Term Liabilities	0.76	0.95	1.14	1.73	1.3	0.99
Total Liabilities	57.71	60.38	70.1	74.04	87.7	113.19
Common Stock	10.58	41.52	41.52	41.52	41.52	41.4
Additional Paid-In Capital	93.97	94.75	94.75	94.75	94.75	267.07
Retained Earnings	-57.26	-24.72	-14.5	-0.4	15.26	-161.05
Comprehensive Income & Other	-0	-	-	-	-	-
Shareholders' Equity	47.29	111.55	121.77	135.87	151.53	147.41
Total Liabilities & Equity	104.99	171.93	191.87	209.91	239.22	260.61
Total Debt	32.12	32.27	40.56	43.5	56.81	77.09
Net Cash (Debt)	-26.85	-21.26	-17.93	-13.46	-11.54	-28.48
Net Cash Per Share	-0.31	-0.25	-0.21	-0.16	-0.13	-0.34
Filing Date Shares Outstanding	86.53	87.09	85.3	85.33	85.39	85.46
Total Common Shares Outstanding	86.53	87.09	85.3	85.33	85.39	85.46
Working Capital	-7.44	12.32	3.1	38.23	43.25	70.67
Book Value Per Share	0.55	1.28	1.43	1.59	1.77	1.72
Tangible Book Value	-17.09	-14.14	-6.42	4.13	13.97	10.84
Tangible Book Value Per Share	-0.20	-0.16	-0.08	0.05	0.16	0.13

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