Karbon-X Corp. (KARX)

Karbon-X Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 31, 2026	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Cash & Equivalents	0.34	1.16	0.7	2.68	0.21	0.48
Short-Term Investments	0.71	0.02	0.33	-	-	-
Cash & Short-Term Investments	1.05	1.18	1.03	2.68	0.21	0.48
Cash Growth	-30.77%	14.43%	-61.52%	1193.59%	-56.67%	-
Accounts Receivable	0.54	0.63	0	0.12	-	-
Other Receivables	-	1.13	3.79	-	0.05	0.01
Receivables	1.19	2.9	3.79	0.12	0.05	0.01
Inventory	0.72	0.65	0.1	0.32	0.06	-
Prepaid Expenses	0.89	1.18	0.87	0	-	0
Other Current Assets	0.24	0.16	-	-	-	0
Total Current Assets	4.09	6.06	5.79	3.11	0.31	0.49
Property, Plant & Equipment	0.4	0.43	0.51	0.32	0.08	0
Long-Term Investments	-	-	-	-	1.51	-
Other Intangible Assets	1.06	1.03	0.47	0.52	0.52	0.18
Long-Term Deferred Charges	0.64	0.59	-	-	-	-
Other Long-Term Assets	1.48	1.51	0.01	0.01	0.09	0
Total Assets	7.67	9.62	6.78	3.97	2.52	0.67

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 31, 2026	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Accounts Payable	2.52	2.29	1.09	0.13	0.07	0.03
Accrued Expenses	0.29	0.33	0.2	0.02	0.01	0
Short-Term Debt	2.69	2.86	2.3	0.04	0.1	-
Current Portion of Leases	0.1	0.1	0.06	0.02	0.01	-
Current Unearned Revenue	4.3	3.79	3.86	-	-	-
Other Current Liabilities	1.15	0.73	0.17	0.63	-	-
Total Current Liabilities	11.38	10.1	7.69	0.84	0.19	0.03
Long-Term Debt	4.89	5.13	-	-	-	-
Long-Term Leases	0.34	0.37	0.46	0.3	0.06	-
Other Long-Term Liabilities	-	-	-	0	-	-
Total Liabilities	16.61	15.6	8.15	1.14	0.25	0.03

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 31, 2026	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Common Stock	0.1	0.09	0.08	0.08	0.07	0.07
Additional Paid-In Capital	20.22	19.28	10.56	7.68	2.64	0.79
Retained Earnings	-29.54	-25.58	-11.99	-4.94	-2.19	-0.2
Comprehensive Income & Other	0.27	0.22	-0.02	0.01	1.75	-0.01
Shareholders' Equity	-8.94	-5.98	-1.37	2.83	2.27	0.64
Total Liabilities & Equity	7.67	9.62	6.78	3.97	2.52	0.67

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 31, 2026	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Total Debt	8.35	8.46	2.82	0.36	0.17	-
Net Cash (Debt)	-7.31	-7.28	-1.79	2.31	0.04	0.48
Net Cash Growth	-	-	-	6203.34%	-92.31%	-
Net Cash Per Share	-0.08	-0.08	-0.02	0.03	0.00	0.01
Filing Date Shares Outstanding	109.23	98.96	86.97	83.41	73.54	68.32
Total Common Shares Outstanding	99.3	94.89	81.99	82.17	73.54	68.32
Working Capital	-7.3	-4.04	-1.9	2.27	0.12	0.46
Book Value Per Share	-0.09	-0.06	-0.02	0.03	0.03	0.01
Tangible Book Value	-10.01	-7.01	-1.84	2.31	1.74	0.46
Tangible Book Value Per Share	-0.10	-0.07	-0.02	0.03	0.02	0.01
Machinery	0.02	0.02	0.01	0.01	0.01	0

Data Source: S&P Global Market Intelligence Last updated: Oct 20, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

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