Hubilu Venture 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
Property, Plant & Equipment	23.35	23.4	20.92	16.52	16.99	13.9
Cash & Equivalents	0.15	0.05	0.01	0.02	0.09	0.2
Accounts Receivable	0.07	0.06	0	0	-	-
Other Current Assets	-	0.01	-	0.01	-	0.01
Other Long-Term Assets	0.01	0.01	0.01	0.01	0.01	-
Total Assets	23.57	23.53	20.94	16.56	17.09	14.11
Current Portion of Long-Term Debt	0.89	0.86	2.17	0.48	1.37	1.51
Long-Term Debt	23.34	22.23	19.11	15.45	15.01	12.13
Accounts Payable	0.01	0.03	0	0.02	-	0
Accrued Expenses	0.3	0.26	0.09	0.04	0.04	-
Current Unearned Revenue	0.02	0.04	0.03	0.01	-	-
Other Current Liabilities	0.42	0.43	0.3	0.48	0.4	0.31
Total Liabilities	24.99	24.79	21.71	17.23	17.57	14.42
Preferred Stock, Redeemable	0.52	0.52	0.52	0.52	0.52	0.51
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	1.07	1.05	0.99	0.91	0.82	0.78
Retained Earnings	-3.03	-2.86	-2.31	-2.12	-1.85	-1.63
Total Common Equity	-1.93	-1.78	-1.29	-1.18	-1	-0.82
Shareholders' Equity	-1.41	-1.26	-0.77	-0.66	-0.48	-0.31
Total Liabilities & Equity	23.57	23.53	20.94	16.56	17.09	14.11
Total Debt	24.23	24.03	21.29	16.68	17.13	14.12
Net Cash (Debt)	-24.08	-23.98	-21.28	-16.65	-17.03	-13.91
Net Cash Per Share	-0.92	-0.91	-0.81	-0.63	-0.65	-0.52
Filing Date Shares Outstanding	26.24	26.24	26.24	26.24	26.24	26.24
Total Common Shares Outstanding	26.24	26.24	26.24	26.24	26.24	26.24
Book Value Per Share	-0.07	-0.07	-0.05	-0.05	-0.04	-0.03
Tangible Book Value	-1.93	-1.78	-1.29	-1.18	-1	-0.82
Tangible Book Value Per Share	-0.07	-0.07	-0.05	-0.05	-0.04	-0.03
Land	15.89	15.89	14.55	11.8	11.8	9.85
Buildings	8.75	8.74	7.33	5.46	5.46	4.4