Spectral Capital Balance Sheet

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

Millions USD. 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	2.09	0.11	0	0.01	0
Cash & Short-Term Investments	2.09	0.11	0	0.01	0
Cash Growth	1842.22%	44681.25%	-97.75%	3942.42%	-36.08%
Accounts Receivable	50.71	-	-	0.03	-
Other Receivables	2	-	-	-	-
Receivables	52.71	-	-	0.03	-
Prepaid Expenses	4.55	0.01	-	-	-
Restricted Cash	0.02	-	-	-	-
Other Current Assets	0.08	-	-	-	-
Total Current Assets	59.45	0.11	0	0.04	0
Property, Plant & Equipment	0.73	-	-	-	-
Goodwill	48.7	-	-	-	-
Other Intangible Assets	41.44	-	-	-	-
Other Long-Term Assets	0.43	-	-	-	-
Total Assets	150.75	0.11	0	0.04	0
Accounts Payable	43.7	0.48	0.29	0.22	0
Accrued Expenses	2.08	-	-	-	1.05
Short-Term Debt	20.67	0.55	0.04	0.01	0.21
Current Portion of Leases	0.07	-	-	-	-
Current Unearned Revenue	0.34	-	-	-	-
Other Current Liabilities	35.17	-	-	-	-
Total Current Liabilities	102.02	1.03	0.33	0.23	1.26
Long-Term Leases	0.1	-	-	-	-
Long-Term Deferred Tax Liabilities	4.47	-	-	-	-
Total Liabilities	106.59	1.03	0.33	0.23	1.26
Common Stock	3.42	0.01	0	0	0
Additional Paid-In Capital	74.24	33.63	30.95	29.11	27.8
Retained Earnings	-33.42	-34.33	-31.06	-29.08	-28.84
Comprehensive Income & Other	0.13	-	-	-	-
Total Common Equity	44.38	-0.7	-0.11	0.03	-1.04
Minority Interest	-0.22	-0.22	-0.22	-0.22	-0.22
Shareholders' Equity	44.15	-0.92	-0.33	-0.19	-1.26
Total Liabilities & Equity	150.75	0.11	0	0.04	0
Total Debt	20.84	0.55	0.04	0.01	0.21
Net Cash (Debt)	-18.75	-0.44	-0.04	0.01	-0.21
Net Cash Per Share	-0.25	-0.01	-0.00	0.00	-0.02
Filing Date Shares Outstanding	89.35	67.7	42.02	42.02	11.79
Total Common Shares Outstanding	88.25	67.7	42.02	42.02	11.79
Working Capital	-42.57	-0.92	-0.33	-0.19	-1.26
Book Value Per Share	0.50	-0.01	-0.00	0.00	-0.09
Tangible Book Value	-45.76	-0.7	-0.11	0.03	-1.04
Tangible Book Value Per Share	-0.52	-0.01	-0.00	0.00	-0.09
Machinery	0.15	-	-	-	-
Construction In Progress	0.44	-	-	-	-
Leasehold Improvements	0.01	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.