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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	62.06	58.75	69.59	8.81
Cash & Short-Term Investments	62.06	58.75	69.59	8.81
Cash Growth	243.41%	-15.58%	689.59%	-
Accounts Receivable	6.83	8.67	3.3	9.76
Other Receivables	0.01	0.03	2.66	0.24
Receivables	6.84	8.7	5.96	12.31
Prepaid Expenses	5.3	2.35	1.88	1.34
Other Current Assets	23.94	19.25	19.9	0.51
Total Current Assets	98.14	89.05	97.34	22.98
Property, Plant & Equipment	7.05	5.2	5.85	7.53
Long-Term Investments	1,997	1,852	948.05	53.3
Goodwill	23.37	24.43	19.27	19.27
Other Intangible Assets	57.49	57.77	45.71	47.28
Other Long-Term Assets	-	-	-	98.16
Total Assets	2,183	2,028	1,116	248.51
Accounts Payable	20.28	23.5	9.68	3.84
Accrued Expenses	0.42	6.52	1.02	1.42
Current Portion of Leases	0.72	2.83	-	-
Total Current Liabilities	21.42	32.85	10.7	5.26
Long-Term Leases	8.15	4.55	7.28	9.27
Long-Term Unearned Revenue	0.06	0.22	0.07	0.06
Long-Term Deferred Tax Liabilities	80.93	95.68	0.62	1.14
Other Long-Term Liabilities	8.18	14.39	10.13	9.59
Total Liabilities	118.74	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	314.29	299.06	207.29	-
Total Common Equity	355.4	340.17	209.09	223.2
Minority Interest	1,709	1,540	878.33	-
Shareholders' Equity	2,064	1,880	1,087	223.2
Total Liabilities & Equity	2,183	2,028	1,116	248.51
Total Debt	8.87	7.38	7.28	9.27
Net Cash (Debt)	136.25	142.81	99.93	52.84
Net Cash Growth	60.44%	42.90%	89.13%	-
Net Cash Per Share	7.31	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	76.72	56.2	86.64	17.72
Book Value Per Share	19.07	18.26	11.63	-
Tangible Book Value	274.53	257.98	144.11	156.65
Tangible Book Value Per Share	14.73	13.84	8.01	-
Machinery	-	-	-	0.79
Leasehold Improvements	-	-	-	1.39

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