LightAir AB Balance Sheet

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

Millions SEK. 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	19.46	10.54	2.71	14.64	7.93
Cash & Short-Term Investments	19.46	10.54	2.71	14.64	7.93
Cash Growth	84.57%	288.72%	-81.47%	84.50%	-62.56%
Accounts Receivable	2.48	2.33	3.42	2.79	2.61
Other Receivables	-	1.19	1.27	0.78	2.05
Receivables	2.48	3.52	4.68	3.57	4.67
Inventory	4.5	5.51	9.14	11.59	11.23
Prepaid Expenses	-	0.35	0.11	0.4	0.09
Other Current Assets	-	-	-	-	-0
Total Current Assets	26.44	19.93	16.65	30.19	23.91
Property, Plant & Equipment	-	0.02	0.13	0.62	0.93
Long-Term Investments	-	-	-	0.02	0.16
Goodwill	-	-	8.1	10.66	-
Other Intangible Assets	7.19	1.5	1.7	1.37	21.06
Long-Term Deferred Tax Assets	-	-	-	-	2
Long-Term Deferred Charges	-	-	0.2	0.49	4.82
Other Long-Term Assets	5.33	5.33	5.33	5.38	0.1
Total Assets	38.96	26.77	32.12	48.73	52.98
Accounts Payable	-	0.83	1.36	1.17	1.02
Accrued Expenses	-	1.08	0.93	0.96	3.32
Short-Term Debt	-	-	0.5	-	1.99
Current Portion of Long-Term Debt	-	-	0.62	0.62	-
Other Current Liabilities	3.6	8.22	7.93	8.19	3.62
Total Current Liabilities	3.6	10.14	11.34	10.94	9.95
Long-Term Debt	-	-	0.77	1.39	-
Pension & Post-Retirement Benefits	-	7.51	7.53	7.71	-
Other Long-Term Liabilities	16.51	-	-0	-0	-
Total Liabilities	20.11	17.65	19.64	20.03	9.95
Common Stock	3.84	5.36	8.43	41.87	69.56
Additional Paid-In Capital	120.76	112.01	99.91	99.32	82.69
Retained Earnings	-	-108.25	-95.86	-112.98	-114.04
Comprehensive Income & Other	-105.76	-	-	0.49	4.82
Shareholders' Equity	18.85	9.12	12.48	28.7	43.03
Total Liabilities & Equity	38.96	26.77	32.12	48.73	52.98
Total Debt	-	-	1.89	2	1.99
Net Cash (Debt)	19.46	10.54	0.83	12.64	5.94
Net Cash Growth	84.57%	1174.73%	-93.45%	112.76%	-71.97%
Net Cash Per Share	1.19	3.03	0.98	23.36	12.81
Filing Date Shares Outstanding	38.43	5.36	0.84	0.84	0.53
Total Common Shares Outstanding	38.43	5.36	0.84	0.84	0.46
Working Capital	22.84	9.78	5.31	19.26	13.96
Book Value Per Share	0.49	1.70	14.81	34.27	92.80
Tangible Book Value	11.66	7.62	2.67	16.67	21.97
Tangible Book Value Per Share	0.30	1.42	3.17	19.90	47.38
Machinery	-	1.11	1.97	1.97	1.54

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