Guerrilla RF Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3.6	0.78	4.34	5.31	0.43	0.9
Cash & Short-Term Investments	3.6	0.78	4.34	5.31	0.43	0.9
Cash Growth	91.78%	-82.00%	-18.32%	1143.71%	-52.72%	-
Receivables	2.82	2.08	1.12	1.67	1.65	1.18
Inventory	1.77	1.53	1.67	1.44	0.99	0.69
Prepaid Expenses	0.54	0.46	0.64	1.19	0.1	0.12
Total Current Assets	8.74	4.85	7.78	9.61	3.18	2.9
Property, Plant & Equipment	13.54	14.16	5.31	1.03	0.79	0.42
Other Long-Term Assets	-	-	3.57	-	-	-
Total Assets	22.28	19.01	16.66	10.63	3.96	3.32
Accounts Payable	3.59	2.1	4.43	1.19	0.25	0.28
Short-Term Debt	2.84	2.41	0.96	-	0.54	-
Current Portion of Long-Term Debt	-	10.95	-	0.01	1.3	-
Current Portion of Leases	1.67	1.72	1.22	0.12	0.06	-
Other Current Liabilities	-	0.16	-	-	-	-
Total Current Liabilities	8.1	17.34	6.6	1.31	2.14	0.28
Long-Term Debt	10.81	0.7	4.65	0.14	4.69	4.67
Long-Term Leases	7.39	7.77	3.06	0.26	0.26	-
Total Liabilities	26.3	25.81	14.31	1.72	7.09	4.96
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	42.38	36.24	29.43	23.96	9.08	8.55
Retained Earnings	-46.41	-43.04	-27.07	-15.05	-12.21	-10.2
Total Common Equity	-4.03	-6.8	2.35	8.92	-3.13	-1.64
Shareholders' Equity	-4.03	-6.8	2.35	8.92	-3.13	-1.64
Total Liabilities & Equity	22.28	19.01	16.66	10.63	3.96	3.32
Total Debt	22.71	23.55	9.88	0.53	6.84	4.67
Net Cash (Debt)	-19.11	-22.77	-5.54	4.78	-6.42	-3.77
Net Cash Per Share	-2.56	-3.20	-1.00	2.45	-17.00	-10.35
Filing Date Shares Outstanding	10.01	7.94	6.76	5.59	5.54	0.36
Total Common Shares Outstanding	9.95	7.89	6.21	5.54	2.27	0.36
Working Capital	0.63	-12.49	1.18	8.3	1.04	2.62
Book Value Per Share	-0.40	-0.86	0.38	1.61	-1.38	-4.51
Tangible Book Value	-4.03	-6.8	2.35	8.92	-3.13	-1.64
Tangible Book Value Per Share	-0.40	-0.86	0.38	1.61	-1.38	-4.51
Machinery	5.86	5.86	5.82	0.8	0.59	0.25
Construction In Progress	-	-	0.21	0.06	-	-
Leasehold Improvements	0.23	0.23	0.12	0.12	0.12	0.08

Source: S&P Capital IQ. Standard template.