Observe Medical ASA Balance Sheet

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

Millions NOK. 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	11.5	1.98	13.68	13.64	2.86
Cash & Short-Term Investments	11.5	1.98	13.68	13.64	2.86
Cash Growth	481.40%	-85.54%	0.26%	376.29%	-84.88%
Accounts Receivable	-	2.76	3.12	4.73	1.35
Other Receivables	2.37	1.66	3.57	2.44	3.93
Receivables	2.37	4.42	6.69	7.17	5.28
Inventory	7.48	5.33	6.89	8.12	7.01
Other Current Assets	-	0	-	-	-
Total Current Assets	21.35	11.73	27.25	28.93	15.16
Property, Plant & Equipment	0.06	0.2	1.96	4.15	1.38
Goodwill	35.16	33.07	35.21	99.96	33.87
Other Intangible Assets	44.6	97.66	109.19	82.77	21.33
Other Long-Term Assets	-0	-	-	-	-
Total Assets	101.17	142.65	173.61	215.81	71.74
Accounts Payable	12.94	18.12	17.85	8.61	6.16
Accrued Expenses	6.42	7.7	10.57	6.07	3.75
Short-Term Debt	-	-	-	-	16.91
Current Portion of Long-Term Debt	10.82	21.73	4.48	43.12	37.16
Current Portion of Leases	-	-	0.66	1.68	0.45
Current Income Taxes Payable	-	-	-	0.05	-
Other Current Liabilities	14.21	12.32	27.33	12.69	7.85
Total Current Liabilities	44.39	59.87	60.88	72.23	72.28
Long-Term Debt	19.92	61.64	50.79	0.95	-
Long-Term Leases	-	-	0.14	0.97	0.55
Other Long-Term Liabilities	6.9	-0	20.93	3.37	13.03
Total Liabilities	71.21	121.51	132.74	77.51	85.86
Common Stock	57.18	75.11	49.58	13.91	5.1
Additional Paid-In Capital	291.49	288.43	277.97	283.7	87.07
Retained Earnings	-336	-351.92	-293.83	-159.21	-108.69
Comprehensive Income & Other	17.29	9.51	7.15	-0.1	2.41
Shareholders' Equity	29.96	21.14	40.87	138.31	-14.12
Total Liabilities & Equity	101.17	142.65	173.61	215.81	71.74
Total Debt	30.74	83.37	56.06	46.71	55.07
Net Cash (Debt)	-19.24	-81.39	-42.38	-33.07	-52.21
Net Cash Per Share	-0.29	-5.33	-11.03	-10.51	-39.94
Filing Date Shares Outstanding	136.15	19.26	12.71	3.57	3.57
Total Common Shares Outstanding	136.15	19.26	12.71	3.57	1.31
Working Capital	-23.04	-48.14	-33.63	-43.3	-57.12
Book Value Per Share	0.22	1.10	3.21	38.78	-10.80
Tangible Book Value	-49.8	-109.59	-103.53	-44.42	-69.32
Tangible Book Value Per Share	-0.37	-5.69	-8.14	-12.46	-53.04

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