Fortitude Gold Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	10.03	4.66	27.08	48.68	45.05	40.02
Cash & Short-Term Investments	10.03	4.66	27.08	48.68	45.05	40.02
Cash Growth	-53.20%	-82.81%	-44.37%	8.04%	12.59%	44.08%
Accounts Receivable	-	-	-	0.04	-	0.24
Other Receivables	0.01	0.01	0.18	0.36	0.09	-
Receivables	0.01	0.01	0.18	0.4	0.09	0.24
Inventory	26.55	29.31	11.64	23.85	47.16	37.55
Prepaid Expenses	0.89	1.18	0.81	0.56	1.02	1.54
Other Current Assets	3.8	3.47	2.15	1.78	0.34	1.98
Total Current Assets	41.28	38.62	41.86	75.27	93.65	81.32
Property, Plant & Equipment	36.79	38.55	17.86	20.51	29.24	33.31
Long-Term Deferred Tax Assets	-	-	-	2.86	1.28	0.51
Other Long-Term Assets	67.9	59.02	62.39	36.37	6.99	7.29
Total Assets	145.96	136.19	122.11	135	131.16	122.43
Accounts Payable	2.56	1.47	2.64	3.88	2.52	2.13
Accrued Expenses	0.19	0.4	1.5	3.44	3.18	2.72
Current Portion of Leases	7.22	7.21	-	0.63	3.83	0.46
Total Current Liabilities	9.98	9.07	4.13	7.95	9.53	5.31
Long-Term Leases	10.17	11.88	-	-	-	-
Other Long-Term Liabilities	11.29	10.86	9.88	6.5	5.86	4.77
Total Liabilities	31.44	31.81	14.01	14.45	15.4	10.08
Common Stock	0.27	0.24	0.24	0.24	0.24	0.24
Additional Paid-In Capital	118.9	106.88	105.21	104.02	103.73	103.48
Retained Earnings	-5.17	-2.75	2.64	16.28	11.79	8.63
Shareholders' Equity	114.52	104.37	108.09	120.55	115.76	112.35
Total Liabilities & Equity	145.96	136.19	122.11	135	131.16	122.43
Total Debt	17.39	19.09	-	0.63	3.83	0.46
Net Cash (Debt)	-7.37	-14.43	27.08	48.05	41.23	39.55
Net Cash Growth	-	-	-43.63%	16.54%	4.23%	94.19%
Net Cash Per Share	-0.30	-0.59	1.12	1.98	1.70	1.64
Filing Date Shares Outstanding	27.19	26.9	24.17	24.14	24.08	24
Total Common Shares Outstanding	27.19	24.38	24.17	24.08	24.02	23.96
Working Capital	31.3	29.55	37.72	67.31	84.12	76.01
Book Value Per Share	4.19	4.28	4.47	5.01	4.82	4.69
Tangible Book Value	114.01	104.37	108.09	120.55	115.76	112.35
Tangible Book Value Per Share	4.19	4.28	4.47	5.01	4.82	4.69
Land	0.07	0.07	0.07	0.04	0.03	0.03
Machinery	48.45	39.21	18.43	17.76	16.83	16.02
Construction In Progress	6.07	15.28	14.92	13.62	9.52	3.89