Karbon-X Balance Sheet

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '25 Aug 31, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Cash & Equivalents	1.36	0.7	2.68	0.21	0.48
Short-Term Investments	0.15	0.33	-	-	-
Cash & Short-Term Investments	1.51	1.03	2.68	0.21	0.48
Cash Growth	-34.30%	-61.52%	1193.59%	-56.67%	-
Accounts Receivable	0.01	0	0.12	-	-
Other Receivables	3.95	3.79	-	0.05	0.01
Receivables	3.96	3.79	0.12	0.05	0.01
Inventory	0.85	0.74	0.32	0.06	-
Prepaid Expenses	0.11	0.05	0	-	0
Other Current Assets	0.08	0.18	-	-	0
Total Current Assets	6.51	5.79	3.11	0.31	0.49
Property, Plant & Equipment	0.49	0.51	0.32	0.08	0
Long-Term Investments	-	-	-	1.51	-
Other Intangible Assets	0.43	0.47	0.52	0.52	0.18
Other Long-Term Assets	0.01	0.01	0.01	0.09	0
Total Assets	7.44	6.78	3.97	2.52	0.67
Accounts Payable	0.96	1.09	0.13	0.07	0.03
Accrued Expenses	0.22	0.2	0.02	0.01	0
Short-Term Debt	3.72	2.3	0.04	0.1	-
Current Portion of Leases	0.08	0.06	0.02	0.01	-
Current Unearned Revenue	2.95	3.86	-	-	-
Other Current Liabilities	0.42	0.17	0.63	-	-
Total Current Liabilities	8.36	7.69	0.84	0.19	0.03
Long-Term Leases	0.43	0.46	0.3	0.06	-
Other Long-Term Liabilities	-	-	0	-	-
Total Liabilities	8.79	8.15	1.14	0.25	0.03
Common Stock	0.09	0.08	0.08	0.07	0.07
Additional Paid-In Capital	13.03	10.56	7.68	2.64	0.79
Retained Earnings	-14.59	-11.99	-4.94	-2.19	-0.2
Comprehensive Income & Other	0.12	-0.02	0.01	1.75	-0.01
Shareholders' Equity	-1.35	-1.37	2.83	2.27	0.64
Total Liabilities & Equity	7.44	6.78	3.97	2.52	0.67
Total Debt	4.23	2.82	0.36	0.17	-
Net Cash (Debt)	-2.72	-1.79	2.31	0.04	0.48
Net Cash Growth	-	-	6203.34%	-92.31%	-
Net Cash Per Share	-0.03	-0.02	0.03	0.00	0.01
Filing Date Shares Outstanding	87.16	86.97	83.41	73.54	68.32
Total Common Shares Outstanding	86.97	81.99	82.17	73.54	68.32
Working Capital	-1.85	-1.9	2.27	0.12	0.46
Book Value Per Share	-0.02	-0.02	0.03	0.03	0.01
Tangible Book Value	-1.78	-1.84	2.31	1.74	0.46
Tangible Book Value Per Share	-0.02	-0.02	0.03	0.02	0.01
Machinery	0.01	0.01	0.01	0.01	0

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