Guerrilla RF Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	11.28	0.78	4.34	5.31	0.43	0.9
Cash & Short-Term Investments	11.28	0.78	4.34	5.31	0.43	0.9
Cash Growth	1186.08%	-82.00%	-18.32%	1143.71%	-52.72%	-
Receivables	1.82	2.08	1.12	1.67	1.65	1.18
Inventory	1.92	1.53	1.67	1.44	0.99	0.69
Prepaid Expenses	0.21	0.46	0.64	1.19	0.1	0.12
Total Current Assets	15.23	4.85	7.78	9.61	3.18	2.9
Property, Plant & Equipment	12.5	14.16	5.31	1.03	0.79	0.42
Other Long-Term Assets	0.08	-	3.57	-	-	-
Total Assets	28.16	19.01	16.66	10.63	3.96	3.32
Accounts Payable	2	2.1	4.43	1.19	0.25	0.28
Short-Term Debt	0.86	2.41	0.96	-	0.54	-
Current Portion of Long-Term Debt	-	10.95	-	0.01	1.3	-
Current Portion of Leases	1.46	1.72	1.22	0.12	0.06	-
Other Current Liabilities	6.95	0.16	-	-	-	-
Total Current Liabilities	11.26	17.34	6.6	1.31	2.14	0.28
Long-Term Debt	4.99	0.7	4.65	0.14	4.69	4.67
Long-Term Leases	6.74	7.77	3.06	0.26	0.26	-
Total Liabilities	23	25.81	14.31	1.72	7.09	4.96
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	40.5	36.24	29.43	23.96	9.08	8.55
Retained Earnings	-55.37	-43.04	-27.07	-15.05	-12.21	-10.2
Total Common Equity	-14.87	-6.8	2.35	8.92	-3.13	-1.64
Shareholders' Equity	5.16	-6.8	2.35	8.92	-3.13	-1.64
Total Liabilities & Equity	28.16	19.01	16.66	10.63	3.96	3.32
Total Debt	14.05	23.55	9.88	0.53	6.84	4.67
Net Cash (Debt)	-2.77	-22.77	-5.54	4.78	-6.42	-3.77
Net Cash Per Share	-0.31	-3.20	-1.00	2.45	-17.00	-10.35
Filing Date Shares Outstanding	10.22	7.94	6.76	5.59	5.54	0.36
Total Common Shares Outstanding	10.21	7.89	6.21	5.54	2.27	0.36
Working Capital	3.97	-12.49	1.18	8.3	1.04	2.62
Book Value Per Share	-1.46	-0.86	0.38	1.61	-1.38	-4.51
Tangible Book Value	-15.22	-6.8	2.35	8.92	-3.13	-1.64
Tangible Book Value Per Share	-1.49	-0.86	0.38	1.61	-1.38	-4.51
Machinery	5.85	5.86	5.82	0.8	0.59	0.25
Construction In Progress	0.02	-	0.21	0.06	-	-
Leasehold Improvements	0.17	0.23	0.12	0.12	0.12	0.08

Source: S&P Capital IQ. Standard template. Financial Sources.