Karbon-X Corp. (KARX)

Karbon-X Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb 28, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Cash & Equivalents	4.06	0.7	2.68	0.21	0.48
Short-Term Investments	0.06	0.33	-	-	-
Cash & Short-Term Investments	4.12	1.03	2.68	0.21	0.48
Cash Growth	135.26%	-61.52%	1193.59%	-56.67%	-
Accounts Receivable	4.75	0	0.12	-	-
Other Receivables	4.07	3.79	-	0.05	0.01
Receivables	10.52	3.79	0.12	0.05	0.01
Inventory	1.61	0.74	0.32	0.06	-
Prepaid Expenses	0.11	0.05	0	-	0
Other Current Assets	1.51	0.18	-	-	0
Total Current Assets	17.87	5.79	3.11	0.31	0.49
Property, Plant & Equipment	0.46	0.51	0.32	0.08	0
Long-Term Investments	-	-	-	1.51	-
Other Intangible Assets	0.35	0.47	0.52	0.52	0.18
Other Long-Term Assets	0.05	0.01	0.01	0.09	0
Total Assets	20.4	6.78	3.97	2.52	0.67

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb 28, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Accounts Payable	10.88	1.09	0.13	0.07	0.03
Accrued Expenses	0.87	0.2	0.02	0.01	0
Short-Term Debt	5.19	2.3	0.04	0.1	-
Current Portion of Leases	0.09	0.06	0.02	0.01	-
Current Unearned Revenue	3.46	3.86	-	-	-
Other Current Liabilities	1.27	0.17	0.63	-	-
Total Current Liabilities	21.76	7.69	0.84	0.19	0.03
Long-Term Leases	0.41	0.46	0.3	0.06	-
Other Long-Term Liabilities	-	-	0	-	-
Total Liabilities	27.3	8.15	1.14	0.25	0.03

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb 28, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Common Stock	0.09	0.08	0.08	0.07	0.07
Additional Paid-In Capital	14.13	10.56	7.68	2.64	0.79
Retained Earnings	-21.21	-11.99	-4.94	-2.19	-0.2
Comprehensive Income & Other	0.09	-0.02	0.01	1.75	-0.01
Shareholders' Equity	-6.9	-1.37	2.83	2.27	0.64
Total Liabilities & Equity	20.4	6.78	3.97	2.52	0.67

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb 28, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Total Debt	10.81	2.82	0.36	0.17	-
Net Cash (Debt)	-6.7	-1.79	2.31	0.04	0.48
Net Cash Growth	-	-	6203.34%	-92.31%	-
Net Cash Per Share	-0.08	-0.02	0.03	0.00	0.01
Filing Date Shares Outstanding	89.17	86.97	83.41	73.54	68.32
Total Common Shares Outstanding	88.39	81.99	82.17	73.54	68.32
Working Capital	-3.89	-1.9	2.27	0.12	0.46
Book Value Per Share	-0.08	-0.02	0.03	0.03	0.01
Tangible Book Value	-7.25	-1.84	2.31	1.74	0.46
Tangible Book Value Per Share	-0.08	-0.02	0.03	0.02	0.01
Machinery	0.02	0.01	0.01	0.01	0

Data Source: S&P Global Market Intelligence Last updated: Feb 28, 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:

Jul 27, 2026

Data Sources Report a data error