Nuvve Holding Balance Sheet

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

Millions USD. 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	1.73	5.47	0.37	1.53	15.75	32.36
Cash & Short-Term Investments	1.73	5.47	0.37	1.53	15.75	32.36
Cash Growth	45.20%	1371.68%	-75.79%	-90.26%	-51.32%	1321.88%
Receivables	1.28	1.09	2.15	1.72	1.09	1.89
Inventory	0.79	0.8	4.59	5.89	11.55	11.12
Prepaid Expenses	1.07	0.88	0.49	0.99	1.49	1.04
Restricted Cash	0.32	0.32	0.32	0.48	0.48	0.38
Other Current Assets	2.68	2.47	1.35	1.9	1.49	-
Total Current Assets	7.86	11.03	9.28	12.52	31.85	46.78
Property, Plant & Equipment	4.17	4.4	5.11	5.61	5.94	3.84
Long-Term Investments	-	-	0.67	0.67	1.67	0.67
Goodwill	0.1	0.1	-	-	-	-
Other Intangible Assets	1.03	1.07	1.06	1.2	1.34	1.48
Long-Term Accounts Receivable	0.1	0.1	0.1	0.4	0.39	0.14
Long-Term Deferred Charges	0.59	0.59	0.56	0.52	-	-
Other Long-Term Assets	0.12	0.11	0.02	0.03	0.01	0
Total Assets	13.97	17.39	16.8	20.95	41.2	52.91
Accounts Payable	4.76	3.41	1.88	1.69	2.39	5.74
Accrued Expenses	2.1	1.84	3.39	4.63	3.35	2.87
Short-Term Debt	-	-	1.61	-	-	-
Current Portion of Long-Term Debt	0.96	2.65	3.04	-	-	-
Current Portion of Leases	0.87	0.86	0.92	0.86	0.83	0.05
Current Unearned Revenue	1.48	1.02	0.51	0.7	1.22	0.72
Other Current Liabilities	0.53	-	-	0.1	0.11	0.1
Total Current Liabilities	10.7	9.78	11.35	7.98	7.9	9.48
Long-Term Debt	-	-	0.84	-	-	-
Long-Term Leases	3.41	3.56	4.26	4.65	5.1	3.46
Long-Term Unearned Revenue	0.81	0.87	0.77	0.33	-	-
Other Long-Term Liabilities	0.71	0.65	0.87	0.89	1.05	9.54
Total Liabilities	15.63	14.86	18.09	13.87	14.05	22.49
Common Stock	1.29	0.93	0.01	0.01	0	0
Additional Paid-In Capital	198.45	193.62	164.29	155.62	144.07	122.34
Retained Earnings	-202.26	-196.42	-165.6	-148.24	-116.96	-92.94
Comprehensive Income & Other	0	0.04	0.05	0.09	0.08	0.11
Total Common Equity	-2.52	-1.84	-1.26	7.47	27.2	29.51
Minority Interest	-1.19	-0.76	-0.03	-0.7	-0.4	0.4
Shareholders' Equity	-1.66	2.53	-1.29	7.08	27.15	30.43
Total Liabilities & Equity	13.97	17.39	16.8	20.95	41.2	52.91
Total Debt	5.24	7.07	10.67	5.52	5.93	3.51
Net Cash (Debt)	-3.51	-1.6	-10.29	-3.98	9.82	28.85
Net Cash Growth	-	-	-	-	-65.96%	-
Net Cash Per Share	-48.49	-70.79	-	-	-	-
Filing Date Shares Outstanding	0.52	0.3	-	-	0	0
Total Common Shares Outstanding	0.35	0.11	-	-	0	0
Working Capital	-2.84	1.25	-2.08	4.54	23.95	37.3
Book Value Per Share	-7.22	-16.00	-	-	323756.98	454062.74
Tangible Book Value	-3.64	-3	-2.32	6.27	25.85	28.03
Tangible Book Value Per Share	-10.45	-26.10	-	-	307785.07	431276.94
Machinery	1.4	1.43	1.23	1.19	0.85	0.44
Order Backlog	-	3.2	-	-	-	-