Silkwave 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	0.39	0.89	0.73	1.72	1.04
Cash & Short-Term Investments	0.39	0.89	0.73	1.72	1.04
Cash Growth	-56.13%	22.28%	-57.68%	64.88%	133.11%
Accounts Receivable	4.93	1.44	3.66	2.2	1.45
Other Receivables	4.61	4.93	5.64	6	4.98
Receivables	9.53	6.36	9.3	8.2	6.43
Total Current Assets	9.92	7.25	10.02	9.91	7.48
Property, Plant & Equipment	0	0.02	0.29	0.54	0.12
Long-Term Investments	9.96	10.13	10.66	60.34	80.6
Other Intangible Assets	18.55	18.99	23.81	44.03	47.68
Other Long-Term Assets	1.04	-	-	-	-
Total Assets	39.46	36.39	44.79	114.82	135.88
Accounts Payable	0.52	0.5	0.8	0.59	0.85
Accrued Expenses	0.64	1.04	0.77	2.63	4.68
Current Portion of Leases	0	0.02	0.3	0.27	0.03
Current Income Taxes Payable	2.22	1.55	0.88	0.36	0.34
Current Unearned Revenue	-	-	-	-	0.46
Other Current Liabilities	-	-	-	-	0.25
Total Current Liabilities	3.38	3.11	2.74	3.84	6.6
Long-Term Debt	6.16	9.62	8.9	13.68	35.59
Long-Term Leases	-	0	0.03	0.28	0.01
Total Liabilities	9.54	12.73	11.67	17.81	42.2
Common Stock	0.15	0.11	46.01	39.6	12.3
Additional Paid-In Capital	24.71	80.14	80.14	71.95	47.9
Retained Earnings	-	-99.05	-136.02	-69.73	-41.78
Comprehensive Income & Other	-	37.71	37.71	41.76	60.27
Total Common Equity	24.87	18.92	27.84	83.58	78.69
Minority Interest	5.06	4.74	5.28	13.43	14.99
Shareholders' Equity	29.93	23.66	33.12	97.01	93.68
Total Liabilities & Equity	39.46	36.39	44.79	114.82	135.88
Total Debt	6.16	9.65	9.23	14.24	35.63
Net Cash (Debt)	-5.77	-8.76	-8.5	-12.52	-34.58
Net Cash Per Share	-0.06	-0.10	-0.10	-0.21	-1.74
Filing Date Shares Outstanding	119.94	89.62	89.62	77.09	23.97
Total Common Shares Outstanding	119.94	89.62	89.62	77.09	23.97
Working Capital	6.54	4.14	7.28	6.07	0.88
Book Value Per Share	0.21	0.21	0.31	1.08	3.28
Tangible Book Value	6.32	-0.07	4.03	39.55	31.01
Tangible Book Value Per Share	0.05	-0.00	0.05	0.51	1.29
Machinery	-	0.67	0.94	0.94	0.95
Leasehold Improvements	-	-	0.25	0.25	0.25

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.