Horizon Kinetics Holding Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	72.46	58.75	69.59	8.81
Cash & Short-Term Investments	72.46	58.75	69.59	8.81
Cash Growth	574.65%	-15.58%	689.59%	-
Accounts Receivable	7.32	8.67	3.3	9.76
Other Receivables	0.01	0.03	2.66	0.24
Receivables	7.33	8.7	5.96	12.31
Prepaid Expenses	2.53	2.35	1.88	1.34
Other Current Assets	26.87	19.25	19.9	0.51
Total Current Assets	109.19	89.05	97.34	22.98
Property, Plant & Equipment	4.23	5.2	5.85	7.53
Long-Term Investments	1,863	1,852	948.05	53.3
Goodwill	23.53	24.43	19.27	19.27
Other Intangible Assets	58.63	57.77	45.71	47.28
Other Long-Term Assets	-	-	-	98.16
Total Assets	2,059	2,028	1,116	248.51
Accounts Payable	18.73	23.5	9.68	3.84
Accrued Expenses	0.61	6.52	1.02	1.42
Current Portion of Leases	1.42	2.83	-	-
Total Current Liabilities	20.76	32.85	10.7	5.26
Long-Term Leases	4.69	4.55	7.28	9.27
Long-Term Unearned Revenue	0.26	0.22	0.07	0.06
Long-Term Deferred Tax Liabilities	96.08	95.68	0.62	1.14
Other Long-Term Liabilities	14.41	14.39	10.13	9.59
Total Liabilities	136.2	147.69	28.8	25.31
Common Stock	1.86	1.86	1.8	223.2
Additional Paid-In Capital	39.24	39.24	-	-
Retained Earnings	308.38	299.06	207.29	-
Total Common Equity	349.49	340.17	209.09	223.2
Minority Interest	1,573	1,540	878.33	-
Shareholders' Equity	1,923	1,880	1,087	223.2
Total Liabilities & Equity	2,059	2,028	1,116	248.51
Total Debt	6.11	7.38	7.28	9.27
Net Cash (Debt)	156.31	142.81	99.93	52.84
Net Cash Growth	179.04%	42.90%	89.13%	-
Net Cash Per Share	8.41	7.82	5.56	-
Filing Date Shares Outstanding	18.64	18.63	17.98	-
Total Common Shares Outstanding	18.64	18.63	17.98	-
Working Capital	88.43	56.2	86.64	17.72
Book Value Per Share	18.75	18.26	11.63	-
Tangible Book Value	267.33	257.98	144.11	156.65
Tangible Book Value Per Share	14.35	13.84	8.01	-
Machinery	-	-	-	0.79
Leasehold Improvements	-	-	-	1.39

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