Luna Innovations Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Cash & Equivalents	6.03	6.02	17.13	15.37	25.01	42.46
Cash & Short-Term Investments	6.03	6.02	17.13	15.37	25.01	42.46
Cash Growth	-23.59%	-64.83%	11.47%	-38.55%	-41.11%	14.82%
Accounts Receivable	46.63	40.45	26.03	25.65	19.02	15.43
Other Receivables	-	0.49	0.05	0.42	2.51	2.53
Receivables	46.63	40.94	26.08	26.07	21.53	17.96
Inventory	43.32	36.58	22.49	23.06	10.29	6.87
Prepaid Expenses	4.21	4.33	3.79	4.43	1.29	0.94
Other Current Assets	-	-	12.95	6.54	-	-
Total Current Assets	100.18	87.87	82.45	75.47	58.12	68.23
Property, Plant & Equipment	12.89	9.55	8.06	8.9	5.77	3.63
Goodwill	26.9	26.93	18.98	18.12	10.54	0.1
Other Intangible Assets	16.14	18.75	17.18	19.99	10.19	3.3
Long-Term Accounts Receivable	-	-	-	-	0.45	0.34
Long-Term Deferred Tax Assets	5.65	4.65	3.32	1.69	1.42	-
Other Long-Term Assets	3.34	3.26	0.25	6.83	0.04	0
Total Assets	165.09	151.01	130.24	131	86.52	75.6
Accounts Payable	10.62	8.11	2.81	2.85	2.79	2.4
Accrued Expenses	12.96	12.86	8.66	10.77	7.32	5.37
Current Portion of Long-Term Debt	3	2.5	4.17	4.17	-	0.62
Current Portion of Leases	2.07	2.29	2.15	1.92	1.33	0.04
Current Income Taxes Payable	1.03	3.79	0.33	0.28	0.72	0.24
Current Unearned Revenue	4.62	4.09	4.65	6.15	3.89	2.49
Other Current Liabilities	0.72	-	9.93	3.94	1	0.99
Total Current Liabilities	35.01	33.63	32.69	30.09	17.04	12.14
Long-Term Debt	28.89	20.73	11.67	15.82	-	-
Long-Term Leases	6.18	2.9	3.51	5.03	2.01	0.07
Other Long-Term Liabilities	0.41	0.35	0.45	5.62	-	1.04
Total Liabilities	70.48	57.61	48.31	56.56	19.06	13.24
Common Stock	0.04	0.04	0.03	0.03	0.03	0.03
Additional Paid-In Capital	109.63	104.89	98.75	92.4	88.02	85.74
Retained Earnings	-5.27	-2.3	-11.58	-12.96	-16.25	-21.31
Treasury Stock	-6.04	-5.61	-5.25	-4.79	-4.34	-2.12
Comprehensive Income & Other	-3.74	-3.62	-0.03	-0.25	-	-
Total Common Equity	94.61	93.4	81.92	74.44	67.47	62.35
Shareholders' Equity	94.61	93.4	81.92	74.44	67.47	62.35
Total Liabilities & Equity	165.09	151.01	130.24	131	86.52	75.6
Total Debt	40.13	28.42	21.5	26.94	3.34	0.73
Net Cash (Debt)	-34.11	-22.39	-4.37	-11.58	21.66	41.73
Net Cash Growth	-	-	-	-	-48.09%	21.21%
Net Cash Per Share	-1.02	-0.69	-0.14	-0.36	0.68	1.29
Filing Date Shares Outstanding	33.96	33.42	32.3	31.4	30.39	28.13
Total Common Shares Outstanding	33.94	33.11	32.12	31.02	30.15	27.96
Working Capital	65.17	54.24	49.76	45.38	41.07	56.09
Book Value Per Share	2.79	2.82	2.55	2.40	2.24	2.23
Tangible Book Value	51.57	47.73	45.76	36.33	46.73	58.95
Tangible Book Value Per Share	1.52	1.44	1.42	1.17	1.55	2.11
Buildings	-	0.22	0.23	-	0.07	0.07
Machinery	-	16.82	11.57	4.49	10.25	9.98
Construction In Progress	-	1.38	0.65	0.19	-	-
Leasehold Improvements	-	2.47	2.29	2.09	5.29	4.95
Order Backlog	-	52.9	38.4	28.2	47.4	31.8

Updated Nov 14, 2023. Source: S&P Global Market Intelligence. Standard template. Financial Sources.