U.S. Energy 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	1.42	7.72	3.35	4.41	4.42	2.85
Short-Term Investments	0.31	0.13	0.16	0.11	0.19	0.18
Cash & Short-Term Investments	1.73	7.85	3.52	4.52	4.61	3.04
Cash Growth	36.69%	123.44%	-22.20%	-2.06%	51.99%	65.03%
Accounts Receivable	0.49	1.3	2.34	3.19	0.93	0.51
Other Receivables	0.13	0.41	0.4	0.38	0.08	-
Receivables	0.62	1.7	2.74	3.58	1.01	0.51
Prepaid Expenses	0.35	0.12	0.09	0.14	0.06	0.18
Other Current Assets	0.11	0.05	2.03	0.21	0.29	0.98
Total Current Assets	2.8	9.72	8.37	8.44	5.98	4.71
Property, Plant & Equipment	43.4	39.64	71.77	109.52	8.79	7.59
Other Long-Term Assets	0.3	0.3	0.31	0.35	2.9	0.07
Total Assets	46.5	49.67	80.44	118.32	17.66	12.36
Accounts Payable	2.7	2.2	1.94	2.57	0.89	1.46
Accrued Expenses	1.34	4.12	2.82	2.87	1.68	0.31
Short-Term Debt	-	-	-	-	-	0.38
Current Portion of Leases	0.21	0.2	0.18	0.19	0.11	0.07
Current Unearned Revenue	-	-	-	-	0.04	-
Other Current Liabilities	4.23	5.84	6.13	5.87	0.02	-
Total Current Liabilities	8.47	12.35	11.08	11.49	2.74	2.21
Long-Term Debt	-	-	5	12	-	-
Long-Term Leases	0.26	0.42	0.61	0.79	0.02	0.08
Long-Term Deferred Tax Liabilities	-	-	0.02	0.9	-	-
Other Long-Term Liabilities	12.73	13.08	17.22	14.78	1.47	1.51
Total Liabilities	21.46	25.85	33.92	39.97	4.23	3.8
Common Stock	0.34	0.28	0.25	0.25	0.05	0.03
Additional Paid-In Capital	235.12	221.46	218.4	216.69	149.28	142.65
Retained Earnings	-210.43	-197.92	-172.13	-138.59	-135.89	-134.12
Total Common Equity	25.04	23.82	46.52	78.35	13.44	8.57
Shareholders' Equity	25.04	23.82	46.52	78.35	13.44	8.57
Total Liabilities & Equity	46.5	49.67	80.44	118.32	17.66	12.36
Total Debt	0.47	0.61	5.79	12.98	0.13	0.52
Net Cash (Debt)	1.26	7.24	-2.28	-8.47	4.48	2.52
Net Cash Growth	108.95%	-	-	-	77.99%	53.57%
Net Cash Per Share	0.04	0.27	-0.09	-0.34	1.00	1.55
Filing Date Shares Outstanding	34.41	33.82	25.33	25.23	24.87	4.68
Total Common Shares Outstanding	34.14	27.9	25.33	25.02	4.68	3.32
Working Capital	-5.67	-2.62	-2.71	-3.05	3.23	2.5
Book Value Per Share	0.73	0.85	1.84	3.13	2.87	2.58
Tangible Book Value	25.04	23.82	46.52	78.35	13.44	8.57
Tangible Book Value Per Share	0.73	0.85	1.84	3.13	2.87	2.58

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