Airthings ASA 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	2.68	8.83	14.55	13.27	42.17	62.94
Cash & Short-Term Investments	2.68	8.83	14.55	13.27	42.17	62.94
Cash Growth	-70.28%	-39.30%	9.63%	-68.53%	-33.00%	1027.47%
Accounts Receivable	8.29	10.77	11.18	11.1	11.85	7
Other Receivables	1.93	0.99	1.15	1.01	1.08	1.61
Receivables	10.22	11.75	12.33	12.11	12.93	8.61
Inventory	13.74	10.48	15.32	18.71	11.43	4.69
Prepaid Expenses	-	3.72	3.94	3.1	0.81	0.43
Other Current Assets	-	-	-0	0	-	-
Total Current Assets	26.64	34.78	46.14	47.2	67.34	76.68
Property, Plant & Equipment	1.24	1.98	3.16	3.97	5.05	4.17
Goodwill	-	-	2.78	2.87	3.21	3.32
Other Intangible Assets	2.96	3.38	3.61	2.46	2.5	2.33
Long-Term Deferred Tax Assets	0.03	2.69	8.85	7.11	4.51	2.95
Other Long-Term Assets	0	0.05	0.11	0.13	1.07	1.52
Total Assets	31.47	42.89	64.65	63.74	83.68	90.98
Accounts Payable	6.01	3.95	3.64	3.94	4.78	2.79
Accrued Expenses	1.17	1.8	2.15	1.94	1.72	0.03
Current Portion of Long-Term Debt	2.14	0.06	-	-	-	1.9
Current Portion of Leases	0.67	0.77	0.89	0.85	0.67	0.47
Current Income Taxes Payable	-	-	0.07	0.06	0.03	0.01
Current Unearned Revenue	1.87	2.35	2.29	2.15	1.87	0.49
Other Current Liabilities	-0	3.3	1.97	1.21	1.88	3.6
Total Current Liabilities	11.86	12.22	11	10.14	10.95	9.3
Long-Term Debt	1.4	1.17	1.38	-	-	-
Long-Term Leases	0.41	1	1.9	2.55	3.8	3.24
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.34
Other Long-Term Liabilities	-	0.05	0.11	0.12	1.09	1.44
Total Liabilities	13.67	14.45	14.39	12.82	15.84	14.33
Common Stock	0.22	0.22	0.22	0.19	0.19	0.19
Additional Paid-In Capital	86.46	86.38	86.38	78.98	78.67	78.47
Retained Earnings	-63.47	-49.48	-31.79	-25.25	-14.68	-7.42
Comprehensive Income & Other	-5.42	-8.67	-4.54	-2.99	3.67	5.41
Shareholders' Equity	17.79	28.44	50.26	50.93	67.84	76.65
Total Liabilities & Equity	31.47	42.89	64.65	63.74	83.68	90.98
Total Debt	4.63	3.01	4.16	3.4	4.47	5.62
Net Cash (Debt)	-1.95	5.83	10.39	9.87	37.7	57.33
Net Cash Growth	-	-43.90%	5.26%	-73.82%	-34.23%	1515.86%
Net Cash Per Share	-0.01	0.03	0.05	0.06	0.22	0.43
Filing Date Shares Outstanding	199.3	197.76	197.76	173.99	171.82	170.61
Total Common Shares Outstanding	199.3	197.76	197.76	173.99	171.82	170.61
Working Capital	14.78	22.56	35.14	37.07	56.4	67.38
Book Value Per Share	0.09	0.14	0.25	0.29	0.39	0.45
Tangible Book Value	14.84	25.06	43.87	45.6	62.14	71
Tangible Book Value Per Share	0.07	0.13	0.22	0.26	0.36	0.42
Machinery	-	1.64	1.5	1.46	1.26	0.85

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