NXT Energy Solutions Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1.6	3.58	0.73	0.4	0.26	2.26
Short-Term Investments	0.42	0.34	-	-	-	0.55
Cash & Short-Term Investments	2.02	3.92	0.73	0.4	0.26	2.81
Cash Growth	-0.57%	436.73%	81.82%	52.49%	-90.62%	-7.38%
Accounts Receivable	4.29	4.14	0.02	1.74	-	0.81
Other Receivables	-	0.1	0.08	0.09	0.06	0.04
Receivables	4.29	4.23	0.11	1.83	0.06	0.84
Prepaid Expenses	0.53	0.22	0.27	0.05	0.04	0.07
Other Current Assets	-	-	-	-	-	0.19
Total Current Assets	6.85	8.37	1.11	2.28	0.36	3.91
Property, Plant & Equipment	2.54	2.62	2.88	1.18	1.8	2.57
Other Intangible Assets	7.65	8.07	9.77	11.47	13.17	14.87
Other Long-Term Assets	0.04	0.25	0.26	0.25	0.25	0.23
Total Assets	17.07	19.31	14.03	15.18	15.58	21.58
Accounts Payable	1.1	0.79	0.19	0.82	0.12	0.1
Accrued Expenses	-	0.87	1.04	1.02	1.16	0.4
Current Portion of Long-Term Debt	0.11	0.2	5.03	1.95	0.11	0.06
Current Portion of Leases	0.73	0.75	0.69	0.34	0.65	0.53
Current Income Taxes Payable	0.5	0.5	-	-	-	-
Current Unearned Revenue	0.48	-	0.84	-	-	-
Total Current Liabilities	2.92	3.11	7.79	4.13	2.04	1.1
Long-Term Debt	0.46	0.49	4.86	2.23	0.82	0.94
Long-Term Leases	0.67	0.82	1.61	0.25	0.6	1.37
Other Long-Term Liabilities	0.02	0.02	0.02	0.03	0.02	0.02
Total Liabilities	4.08	4.45	14.29	6.64	3.48	3.43
Common Stock	115.79	115.5	98.26	98.18	96.42	95.78
Additional Paid-In Capital	10.2	9.95	9.74	9.55	9.4	9.38
Retained Earnings	-113	-110.58	-108.26	-99.19	-93.74	-87
Shareholders' Equity	12.99	14.86	-0.26	8.55	12.09	18.16
Total Liabilities & Equity	17.07	19.31	14.03	15.18	15.58	21.58
Total Debt	1.98	2.26	12.19	4.78	2.18	2.9
Net Cash (Debt)	0.05	1.66	-11.46	-4.37	-1.92	-0.09
Net Cash Per Share	0.00	0.02	-0.15	-0.06	-0.03	-0.00
Filing Date Shares Outstanding	119.46	119.46	79.46	78.12	77.6	65.3
Total Common Shares Outstanding	119.46	118.6	78.5	78.03	68.95	65.25
Working Capital	3.93	5.26	-6.68	-1.85	-1.68	2.82
Book Value Per Share	0.11	0.13	-0.00	0.11	0.18	0.28
Tangible Book Value	5.34	6.79	-10.03	-2.92	-1.08	3.29
Tangible Book Value Per Share	0.04	0.06	-0.13	-0.04	-0.02	0.05
Machinery	-	2.33	2.62	2.72	2.69	2.69
Leasehold Improvements	-	0.52	0.52	1.06	1.06	1.08

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