NXT Energy Solutions Inc. (NSFDF)

NXT Energy Solutions Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1.82	0.73	0.4	0.26	2.26	2.69
Short-Term Investments	0.22	-	-	-	0.55	0.34
Cash & Short-Term Investments	2.03	0.73	0.4	0.26	2.81	3.03
Cash Growth	281.73%	81.82%	52.49%	-90.62%	-7.38%	-54.34%
Accounts Receivable	7	0.02	1.74	-	0.81	0.8
Other Receivables	-	0.08	0.09	0.06	0.04	0.16
Receivables	7	0.11	1.83	0.06	0.84	0.97
Prepaid Expenses	0.27	0.27	0.05	0.04	0.07	0.08
Other Current Assets	-	-	-	-	0.19	-
Total Current Assets	9.3	1.11	2.28	0.36	3.91	4.07
Property, Plant & Equipment	2.83	2.88	1.18	1.8	2.57	2.7
Other Intangible Assets	9.35	9.77	11.47	13.17	14.87	16.29
Other Long-Term Assets	0.26	0.26	0.25	0.25	0.23	0.43
Total Assets	21.74	14.03	15.18	15.58	21.58	23.48
Accounts Payable	1.08	0.19	0.82	0.12	0.1	0.06
Accrued Expenses	-	1.04	1.02	1.16	0.4	0.38
Current Portion of Long-Term Debt	6.56	5.03	1.95	0.11	0.06	-
Current Portion of Leases	0.71	0.69	0.34	0.65	0.53	0.69
Current Unearned Revenue	0.34	0.84	-	-	-	0.13
Total Current Liabilities	8.69	7.79	4.13	2.04	1.1	1.26
Long-Term Debt	3.97	4.86	2.23	0.82	0.94	-
Long-Term Leases	1.42	1.61	0.25	0.6	1.37	1.4
Other Long-Term Liabilities	0.03	0.02	0.03	0.02	0.02	0.02
Total Liabilities	14.11	14.29	6.64	3.48	3.43	2.68
Common Stock	98.44	98.26	98.18	96.42	95.78	95.33
Additional Paid-In Capital	9.77	9.74	9.55	9.4	9.38	9.36
Retained Earnings	-100.58	-108.26	-99.19	-93.74	-87	-83.88
Total Common Equity	7.63	-0.26	8.55	12.09	18.16	20.8
Shareholders' Equity	7.63	-0.26	8.55	12.09	18.16	20.8
Total Liabilities & Equity	21.74	14.03	15.18	15.58	21.58	23.48
Total Debt	12.67	12.19	4.78	2.18	2.9	2.09
Net Cash (Debt)	-10.63	-11.46	-4.37	-1.92	-0.09	0.94
Net Cash Growth	-	-	-	-	-	-70.88%
Net Cash Per Share	-0.13	-0.15	-0.06	-0.03	-0.00	0.01
Filing Date Shares Outstanding	76.85	79.46	78.12	77.6	65.3	64.49
Total Common Shares Outstanding	76.85	78.5	78.03	68.95	65.25	64.44
Working Capital	0.61	-6.68	-1.85	-1.68	2.82	2.82
Book Value Per Share	0.10	-0.00	0.11	0.18	0.28	0.32
Tangible Book Value	-1.71	-10.03	-2.92	-1.08	3.29	4.52
Tangible Book Value Per Share	-0.02	-0.13	-0.04	-0.02	0.05	0.07
Machinery	-	2.62	2.72	2.69	2.69	2.69
Leasehold Improvements	-	0.52	1.06	1.06	1.08	1.08

Updated Nov 7, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.