CONX Corp. 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	113.02	117.52	0.01	1.4	0.75	1.21
Short-Term Investments	9.6	2.49	-	-	-	-
Cash & Short-Term Investments	122.62	120.01	0.01	1.4	0.75	1.21
Cash Growth	-30.17%	1470249.61%	-99.42%	86.22%	-38.08%	-
Accounts Receivable	0.01	0.18	-	-	-	-
Other Receivables	-	-	-	-	0	0
Receivables	0.01	0.18	-	-	0	0
Prepaid Expenses	0.98	0.37	0.01	0.02	0.07	0.02
Total Current Assets	123.62	120.56	0.02	1.42	0.82	1.24
Property, Plant & Equipment	22.18	22.75	-	-	-	-
Long-Term Investments	118.46	35.56	-	-	-	-
Goodwill	13.61	13.61	-	-	-	-
Other Intangible Assets	4.08	4.5	-	-	-	-
Long-Term Deferred Tax Assets	0.86	1.04	-	-	-	-
Other Long-Term Assets	0.35	-	21.97	84.24	750.08	750.01
Total Assets	283.51	198.03	21.98	85.66	750.9	751.24
Accounts Payable	0.04	0.92	0.08	0.02	-	0.11
Accrued Expenses	1.28	0.14	1.81	0.58	0.29	0.03
Short-Term Debt	-	-	2.11	0.33	-	-
Current Portion of Long-Term Debt	-	0.07	-	-	-	-
Current Income Taxes Payable	-	0.02	-	1.21	0.01	0
Current Unearned Revenue	0.23	0.23	-	-	-	-
Total Current Liabilities	4.25	1.38	3.99	2.14	0.3	0.14
Long-Term Debt	200.66	200.53	-	-	-	-
Long-Term Deferred Tax Liabilities	20.49	2.18	-	-	-	-
Other Long-Term Liabilities	3.11	7.04	58.02	115.28	802.4	822.25
Total Liabilities	228.51	211.13	62.01	117.42	802.7	822.39
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	0.03	0.01	-	-	-	-
Retained Earnings	54.84	-13.13	-40.03	-31.76	-51.79	-71.15
Comprehensive Income & Other	0.12	0.01	-	-	-	-
Shareholders' Equity	55	-13.1	-40.03	-31.75	-51.79	-71.15
Total Liabilities & Equity	283.51	198.03	21.98	85.66	750.9	751.24
Total Debt	200.66	200.6	2.11	0.33	-	-
Net Cash (Debt)	-78.03	-80.59	-2.1	1.06	0.75	1.21
Net Cash Growth	-	-	-	41.71%	-38.08%	-
Net Cash Per Share	-4.12	-2.58	-0.09	0.01	0.01	0.02
Filing Date Shares Outstanding	18.93	18.93	20.87	27.13	93.78	93.77
Total Common Shares Outstanding	18.93	18.93	20.87	27.13	93.78	93.75
Working Capital	119.37	119.18	-3.97	-0.72	0.53	1.1
Book Value Per Share	2.91	-0.69	-1.92	-1.17	-0.55	-0.76
Tangible Book Value	37.3	-31.21	-40.03	-31.75	-51.79	-71.15
Tangible Book Value Per Share	1.97	-1.65	-1.92	-1.17	-0.55	-0.76
Land	-	3.25	-	-	-	-
Buildings	-	19.7	-	-	-	-
Machinery	-	0.03	-	-	-	-
Construction In Progress	-	0.4	-	-	-	-

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