ICTS International 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	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	36.4	64.67	55.22	50.94	88.75	51.6
Short-Term Investments	30.2	18.08	34	24.57	-	-
Cash & Short-Term Investments	66.6	82.75	89.22	75.51	88.75	51.6
Cash Growth	-18.98%	-7.26%	18.17%	-14.93%	72.00%	-1.43%
Accounts Receivable	86.86	68.34	70.44	54.31	55.09	34.37
Other Receivables	2.97	3.34	2.87	6.66	12.92	15.24
Receivables	89.82	71.67	73.31	60.96	68.01	49.61
Prepaid Expenses	3.12	2.49	2.15	1.71	0.82	-
Restricted Cash	1.24	2.86	9.77	15.87	14.7	9.47
Other Current Assets	3.5	1.87	2.11	1.44	2.28	5.87
Total Current Assets	164.28	161.63	176.56	155.48	174.56	116.55
Property, Plant & Equipment	16.93	17.8	12.59	16.48	16.65	18.46
Long-Term Investments	0.35	0.28	0.26	0.33	0.53	1.48
Goodwill	0.71	0.63	0.67	0.65	0.69	0.75
Long-Term Deferred Tax Assets	1.91	1.22	1.58	1.52	1.4	1.17
Other Long-Term Assets	4.27	4.21	5.45	10.18	2.05	1.97
Total Assets	188.44	185.78	197.1	184.63	195.88	140.39
Accounts Payable	7.33	6.72	6.6	8.72	5.86	3.72
Accrued Expenses	53.64	46.11	47.03	42.56	39.97	38.08
Short-Term Debt	14.38	3.18	0.21	0.12	0.2	8.1
Current Portion of Leases	4.51	4.88	3.8	3.97	3.32	3.53
Current Income Taxes Payable	4.88	4.46	6.65	6.11	6.29	0.57
Current Unearned Revenue	4.13	3.53	4.94	3.57	2.24	2.14
Other Current Liabilities	4.56	10.32	11.26	3.28	3.01	3.2
Total Current Liabilities	93.43	79.19	80.5	68.33	60.88	59.33
Long-Term Debt	-	-	-	1.24	1.47	1.63
Long-Term Leases	7.77	8.3	3.65	6.38	8.3	9.33
Long-Term Unearned Revenue	-	-	-	0.34	1.03	0.26
Other Long-Term Liabilities	11.82	13.97	22.04	28.74	39.56	25
Total Liabilities	113.03	101.45	106.18	105.02	111.23	95.55
Common Stock	0.43	0.43	19.19	19.19	19.19	19.19
Additional Paid-In Capital	38.6	38.6	17.82	16.6	16.84	26.71
Retained Earnings	-43.75	-35.67	-31.44	-38.52	-33.8	-68.6
Treasury Stock	-1.52	-1.52	-1.52	-	-	-
Comprehensive Income & Other	-8.13	-8.37	-8.12	-8.19	-7.87	-6.26
Total Common Equity	-14.37	-6.53	-4.07	-10.92	-5.63	-28.97
Minority Interest	89.78	90.86	94.99	90.53	90.28	73.81
Shareholders' Equity	75.41	84.33	90.92	79.61	84.65	44.84
Total Liabilities & Equity	188.44	185.78	197.1	184.63	195.88	140.39
Total Debt	26.65	16.35	7.66	11.7	13.29	22.59
Net Cash (Debt)	39.95	66.4	81.57	63.8	75.47	29.01
Net Cash Growth	-38.30%	-18.60%	27.84%	-15.46%	160.15%	73.08%
Net Cash Per Share	1.07	1.77	2.07	1.70	1.88	0.75
Filing Date Shares Outstanding	37.43	37.43	37.43	37.43	37.43	37.43
Total Common Shares Outstanding	37.43	37.43	37.43	37.43	37.43	37.43
Working Capital	70.85	82.44	96.06	87.16	113.69	57.22
Book Value Per Share	-0.38	-0.17	-0.11	-0.29	-0.15	-0.77
Tangible Book Value	-15.08	-7.16	-4.74	-11.56	-6.32	-29.72
Tangible Book Value Per Share	-0.40	-0.19	-0.13	-0.31	-0.17	-0.79
Buildings	7.97	6.44	6.33	8.47	9.22	10.8
Machinery	2.2	2.13	2.19	1.99	1.62	1.96
Leasehold Improvements	2.63	2.6	2.61	2.87	2.89	2.97

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.