Ionik 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	Sep '25 Sep 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	6.03	14.57	7.4	7.8	11.03	18.1
Cash & Short-Term Investments	6.03	14.57	7.4	7.8	11.03	18.1
Cash Growth	-60.63%	96.93%	-5.12%	-29.32%	-39.06%	1507.02%
Accounts Receivable	36.31	38.83	29.01	15.42	1.35	1.17
Other Current Assets	3.23	2.55	11.62	1.09	0.8	0.81
Total Current Assets	45.58	55.94	48.02	24.31	13.18	20.08
Net Property, Plant & Equipment	0.43	0.74	0.82	0.7	0.74	0.32
Other Intangible Assets	-	-	-	-	9.41	5.12
Goodwill	129.29	142.93	86.91	96.83	2.61	0.01
Other Long-Term Assets	7.43	6.63	3.77	2.65	0.99	0.41
Total Assets	182.72	206.24	139.51	124.49	26.93	25.93
Accounts Payable	42.51	55.95	35.29	17.04	1.35	0.87
Short-Term Debt	75.79	21.35	11.14	7.85	1.17	1.2
Current Portion of Leases	0.57	0.22	0.58	0.39	0.54	0.21
Unearned Revenue	0.24	0.39	2.87	2.06	2.56	0.91
Other Current Liabilities	11.01	1.81	5.51	1.77	1.12	4.69
Total Current Liabilities	130.12	79.72	55.39	29.11	6.74	7.88
Long-Term Debt	44.32	109.8	81.94	39.56	3.73	4.83
Long-Term Leases	0.44	1.01	0.72	0.15	0.16	0.11
Other Long-Term Liabilities	35.33	35.9	0.56	3.77	1.85	0.59
Total Long-Term Liabilities	80.08	146.71	83.22	43.48	5.74	5.53
Total Liabilities	210.2	226.43	138.6	72.59	12.48	13.41
Common Stock	88.51	86.15	83.83	73.72	24.71	24.58
Additional Paid-in Capital	4.19	6.15	4.12	2.12	1.4	1.22
Accumulated Other Comprehensive Income	0.24	0	0.01	0.05	-0.02	-0.05
Retained Earnings	-120.42	-112.49	-87.05	-23.98	-11.63	-13.22
Shareholders' Equity	-27.48	-20.19	0.91	51.9	14.46	12.52
Total Liabilities & Equity	182.72	206.24	139.51	124.49	26.93	25.93
Total Debt	121.12	132.38	94.37	47.95	5.6	6.35
Net Cash (Debt)	-115.08	-117.81	-86.98	-40.15	5.43	11.74
Net Cash Growth	-	-	-	-	-53.76%	-
Net Cash Per Share	-0.34	-0.41	-0.31	-0.20	0.07	0.25
Book Value	-27.48	-20.19	0.91	51.9	14.46	12.52
Book Value Per Share	-0.08	-0.07	0.00	0.25	0.19	0.26
Tangible Book Value	-156.77	-163.12	-86	-44.93	2.44	7.4
Tangible Book Value Per Share	-0.46	-0.56	-0.31	-0.22	0.03	0.15

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.