ReGen III Balance Sheet

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

Millions CAD. 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	0.17	0.28	2.15	0.72	7.73	1.36
Cash & Short-Term Investments	0.17	0.28	2.15	0.72	7.73	1.36
Cash Growth	10.67%	-86.96%	199.19%	-90.71%	470.32%	85.11%
Accounts Receivable	0.06	0.07	0.12	-	-	-
Other Receivables	0.03	0.03	0.03	0.03	0.03	0.13
Receivables	0.1	0.11	0.14	0.03	0.03	0.13
Prepaid Expenses	0.2	0.14	0.13	0.14	0.26	0.07
Other Current Assets	-	-	-	-	-	0.01
Total Current Assets	0.46	0.53	2.43	0.89	8.03	1.58
Property, Plant & Equipment	-	0.01	0.19	0.3	0.44	9.67
Long-Term Investments	0.05	0.05	0.04	0.04	0.04	0.05
Long-Term Accounts Receivable	-	0.06	0.03	-	-	-
Total Assets	0.52	0.65	2.68	1.23	8.51	11.3
Accounts Payable	0.09	0.24	0.22	0.5	0.17	0.32
Accrued Expenses	0.76	0.65	1.44	1.1	0.31	0.54
Short-Term Debt	-	-	-	0.04	-	-
Current Portion of Long-Term Debt	4.18	2.88	-	-	-	-
Current Portion of Leases	0.07	0.09	0.2	0.13	0.09	3.88
Current Income Taxes Payable	-	-	-	0.23	0.24	0.23
Other Current Liabilities	-	0.06	0.02	-	-	-
Total Current Liabilities	5.09	3.93	1.88	1.99	0.8	4.97
Long-Term Debt	-	1.02	2.56	-	0.04	0.04
Long-Term Leases	-	0.06	0.16	0.21	0.37	10.46
Other Long-Term Liabilities	0.01	0.01	0.01	-	-	-
Total Liabilities	5.1	5.02	4.61	2.2	1.21	15.47
Common Stock	104.59	102.37	101.32	98.69	95.89	82.31
Additional Paid-In Capital	16.15	15.53	15.29	13.23	11.84	9.21
Retained Earnings	-125.37	-122.32	-118.58	-112.93	-100.47	-95.74
Comprehensive Income & Other	0.05	0.05	0.04	0.04	0.04	0.05
Shareholders' Equity	-4.58	-4.37	-1.93	-0.97	7.3	-4.17
Total Liabilities & Equity	0.52	0.65	2.68	1.23	8.51	11.3
Total Debt	4.25	4.06	2.92	0.38	0.5	14.37
Net Cash (Debt)	-4.09	-3.78	-0.77	0.34	7.24	-13.01
Net Cash Growth	-	-	-	-95.29%	-	-
Net Cash Per Share	-0.03	-0.03	-0.01	0.00	0.07	-0.15
Filing Date Shares Outstanding	134.53	124.74	118.36	118.36	114.28	100.61
Total Common Shares Outstanding	134.53	123.52	118.36	114.46	111.41	92.64
Working Capital	-4.63	-3.4	0.55	-1.1	7.22	-3.4
Book Value Per Share	-0.03	-0.04	-0.02	-0.01	0.07	-0.04
Tangible Book Value	-4.58	-4.37	-1.93	-0.97	7.3	-4.17
Tangible Book Value Per Share	-0.03	-0.04	-0.02	-0.01	0.07	-0.04
Land	-	0.01	0.01	0.01	0.01	0.01

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