Borqs Technologies 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	Jun '25 Jun 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	9.59	2.03	0.8	11.31	6.12	3.04
Short-Term Investments	4.5	3.82	3.83	1.77	0.24	-
Cash & Short-Term Investments	14.09	5.85	4.63	13.08	6.36	3.04
Cash Growth	132.12%	26.18%	-64.57%	105.81%	108.77%	204.10%
Accounts Receivable	0.84	0.12	0.22	3.48	2.26	0.94
Other Receivables	-	0.9	0.75	1.84	3.83	10.54
Receivables	0.84	1.12	1.06	5.42	6.2	11.48
Inventory	0.38	0.53	0.23	5.41	9.11	4.2
Restricted Cash	-	0.03	0.03	0.03	0.21	0.04
Other Current Assets	-	15.84	12.19	4.05	9.34	5.1
Total Current Assets	23.85	23.36	18.14	27.99	31.21	23.87
Property, Plant & Equipment	0.05	0.22	0.76	1.73	2.49	0.86
Other Intangible Assets	-	-	-	-	0.98	3.54
Long-Term Deferred Tax Assets	-	-	-	0.42	0.47	1.09
Other Long-Term Assets	-	1.83	2.53	-	18.1	-
Total Assets	23.9	25.41	21.43	30.14	53.25	29.35
Accounts Payable	4.01	5.39	6.76	7.07	9.45	12.99
Accrued Expenses	14.92	2.67	2.92	3.9	5.67	15.79
Short-Term Debt	-	0.42	3.1	2.44	12.84	5.53
Current Portion of Long-Term Debt	-	-	-	-	1.25	12.98
Current Portion of Leases	0.03	0.18	0.14	0.54	1.03	0.31
Current Income Taxes Payable	-	-	-	0.01	0.4	1.85
Current Unearned Revenue	0.32	1.3	1.25	3.95	7.31	7.45
Other Current Liabilities	-	16.96	18.85	20.04	26.44	29.92
Total Current Liabilities	19.27	26.92	33.02	37.94	64.39	86.81
Long-Term Debt	-	-	-	-	-	1.25
Long-Term Leases	-	-	0.18	0.04	0.75	0.37
Long-Term Deferred Tax Liabilities	-	-	-	0.91	1.01	0.95
Other Long-Term Liabilities	-	2.09	2.66	2.41	4.38	2.21
Total Liabilities	19.27	29.01	35.86	41.3	70.54	91.59
Additional Paid-In Capital	330.02	330.02	345.34	310.27	262.27	171.56
Retained Earnings	-307.08	-312.94	-329.64	-303.17	-269.14	-213.08
Comprehensive Income & Other	-18.47	-20.48	-29.32	-17.89	-16.38	-20.61
Total Common Equity	4.46	-3.41	-13.62	-10.79	-23.25	-62.13
Minority Interest	0.17	-0.19	-0.81	-0.36	5.96	-0.11
Shareholders' Equity	4.63	-3.6	-14.43	-11.15	-17.29	-62.24
Total Liabilities & Equity	23.9	25.41	21.43	30.14	53.25	29.35
Total Debt	0.03	0.6	3.43	3.01	15.88	20.43
Net Cash (Debt)	14.07	5.25	1.21	10.07	-9.52	-17.39
Net Cash Growth	423.84%	334.69%	-88.00%	-	-	-
Net Cash Per Share	-	0.17	0.09	5.26	-15.51	-75.01
Filing Date Shares Outstanding	-	28.97	27.97	14.62	1.09	0.31
Total Common Shares Outstanding	-	28.97	28.87	4.77	0.85	0.31
Working Capital	4.58	-3.56	-14.88	-9.95	-33.18	-62.95
Book Value Per Share	-	-0.12	-0.47	-2.27	-27.32	-199.00
Tangible Book Value	4.46	-3.41	-13.62	-10.79	-24.22	-65.67
Tangible Book Value Per Share	-	-0.12	-0.47	-2.27	-28.47	-210.33
Machinery	-	0.29	1.29	3.55	3.13	2.44
Construction In Progress	-	-	-	-	0.09	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.