Fortitude Gold 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	4.66	27.08	48.68	45.05	40.02
Cash & Short-Term Investments	4.66	27.08	48.68	45.05	40.02
Cash Growth	-82.81%	-44.37%	8.04%	12.59%	44.08%
Accounts Receivable	-	-	0.04	-	0.24
Other Receivables	0.01	0.18	0.36	0.09	-
Receivables	0.01	0.18	0.4	0.09	0.24
Inventory	29.31	11.64	23.85	47.16	37.55
Prepaid Expenses	1.18	0.81	0.56	1.02	1.54
Other Current Assets	3.47	2.15	1.78	0.34	1.98
Total Current Assets	38.62	41.86	75.27	93.65	81.32
Property, Plant & Equipment	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	59.02	62.39	36.37	6.99	7.29
Total Assets	136.19	122.11	135	131.16	122.43
Accounts Payable	1.47	2.64	3.88	2.52	2.13
Accrued Expenses	0.4	1.5	3.44	3.18	2.72
Current Portion of Leases	7.21	-	0.63	3.83	0.46
Total Current Liabilities	9.07	4.13	7.95	9.53	5.31
Long-Term Leases	11.88	-	-	-	-
Other Long-Term Liabilities	10.86	9.88	6.5	5.86	4.77
Total Liabilities	31.81	14.01	14.45	15.4	10.08
Common Stock	0.24	0.24	0.24	0.24	0.24
Additional Paid-In Capital	106.88	105.21	104.02	103.73	103.48
Retained Earnings	-2.75	2.64	16.28	11.79	8.63
Shareholders' Equity	104.37	108.09	120.55	115.76	112.35
Total Liabilities & Equity	136.19	122.11	135	131.16	122.43
Total Debt	19.09	-	0.63	3.83	0.46
Net Cash (Debt)	-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	-0.59	1.12	1.98	1.70	1.64
Filing Date Shares Outstanding	26.9	24.17	24.14	24.08	24
Total Common Shares Outstanding	24.38	24.17	24.08	24.02	23.96
Working Capital	29.55	37.72	67.31	84.12	76.01
Book Value Per Share	4.28	4.47	5.01	4.82	4.69
Tangible Book Value	104.37	108.09	120.55	115.76	112.35
Tangible Book Value Per Share	4.28	4.47	5.01	4.82	4.69
Land	0.07	0.07	0.04	0.03	0.03
Machinery	39.21	18.43	17.76	16.83	16.02
Construction In Progress	15.28	14.92	13.62	9.52	3.89

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