Ludwig Enterprises, Inc. (LUDG)

Ludwig Enterprises Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	-	0.01	0.01	0.52	0.13
Cash & Short-Term Investments	-	0.01	0.01	0.52	0.13
Cash Growth	-	-7.19%	-98.59%	312.96%	2859.98%
Receivables	0.11	0.1	-	-	-
Inventory	0	0	-	-	-
Prepaid Expenses	0.01	0.03	-	-	-
Other Current Assets	0.11	0.06	0.11	-	-
Total Current Assets	0.24	0.2	0.11	0.52	0.13
Other Intangible Assets	0.01	-	-	-	-
Total Assets	0.25	0.2	0.11	0.52	0.13
Accounts Payable	1.6	0.62	0.2	0.01	0.05
Short-Term Debt	1.33	1.38	1.37	0.51	-
Current Portion of Long-Term Debt	1.17	0.58	-	0.83	0.14
Other Current Liabilities	0.54	-	-	-	-
Total Current Liabilities	4.64	2.58	1.57	1.34	0.18
Total Liabilities	4.64	2.58	1.57	1.34	0.18
Common Stock	0.16	0.16	0.16	0.32	0.31
Additional Paid-In Capital	4.94	4.71	2.62	0.64	0.45
Retained Earnings	-9.5	-7.26	-4.24	-1.79	-0.82
Total Common Equity	-4.4	-2.39	-1.47	-0.83	-0.06
Shareholders' Equity	-4.39	-2.38	-1.46	-0.83	-0.06
Total Liabilities & Equity	0.25	0.2	0.11	0.52	0.13
Total Debt	2.5	1.95	1.37	1.34	0.14
Net Cash (Debt)	-2.5	-1.95	-1.36	-0.82	-0.01
Net Cash Per Share	-0.02	-0.01	-0.00	-0.00	-0.00
Filing Date Shares Outstanding	162.57	161.57	159.02	316.69	311.84
Total Common Shares Outstanding	162.57	160.51	155.46	315.19	311.84
Working Capital	-4.4	-2.38	-1.46	-0.83	-0.06
Book Value Per Share	-0.03	-0.01	-0.01	-0.00	-0.00
Tangible Book Value	-4.4	-2.39	-1.47	-0.83	-0.06
Tangible Book Value Per Share	-0.03	-0.01	-0.01	-0.00	-0.00

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