Next Hydrogen Solutions Inc. (NXHSF)

Next Hydrogen Solutions Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3.59	10.91	22.08	39.2	1.09
Cash & Short-Term Investments	3.59	10.91	22.08	39.2	1.09
Cash Growth	-67.13%	-50.60%	-43.66%	3489.28%	328.63%
Accounts Receivable	0.39	1.43	0.15	0.1	0.21
Other Receivables	-	0.06	0.53	0.78	0.05
Receivables	0.39	1.51	0.72	1.01	0.27
Inventory	3.05	3.31	2.89	2	1.54
Prepaid Expenses	0.37	0.52	0.4	1.23	-
Total Current Assets	7.4	16.25	26.08	43.44	2.9
Property, Plant & Equipment	7.32	8.33	6.54	3.01	0.04
Goodwill	-	-	0.08	0.08	-
Other Intangible Assets	0.62	0.72	0.86	1.06	0.81
Long-Term Accounts Receivable	0.03	-	-	-	-
Other Long-Term Assets	0.09	0.09	0.09	0.1	0.08
Total Assets	15.46	25.44	33.73	47.69	3.82
Accounts Payable	3.06	0.49	0.06	1.51	0.29
Accrued Expenses	-	1.19	0.98	0.73	-
Short-Term Debt	-	-	0.06	0.06	0.04
Current Portion of Long-Term Debt	0.02	0.06	0.08	0.14	4.92
Current Portion of Leases	0.11	0.09	0.07	0.05	-
Current Unearned Revenue	2.91	2.67	0.05	1.78	1.61
Other Current Liabilities	-	0.1	0.17	0.16	2.08
Total Current Liabilities	6.1	4.61	1.46	4.44	8.94
Long-Term Debt	3	0.02	0.09	0.16	0.3
Long-Term Leases	1.54	1.66	1.75	1.82	-
Long-Term Unearned Revenue	3.04	2.77	2.73	1.24	1.16
Other Long-Term Liabilities	3.15	3.78	3.8	3.83	0.13
Total Liabilities	16.83	12.84	9.82	11.5	10.53
Common Stock	76.42	76.42	76.39	76.39	10.09
Additional Paid-In Capital	6.58	5.96	5.27	3.27	0.07
Retained Earnings	-84.37	-69.77	-57.76	-43.48	-16.87
Shareholders' Equity	-1.37	12.61	23.91	36.19	-6.71
Total Liabilities & Equity	15.46	25.44	33.73	47.69	3.82
Total Debt	4.68	1.83	2.04	2.24	5.26
Net Cash (Debt)	-1.09	9.08	20.04	36.96	-4.17
Net Cash Growth	-	-54.72%	-45.78%	-	-
Net Cash Per Share	-0.05	0.40	0.88	1.89	-0.47
Filing Date Shares Outstanding	22.95	22.9	22.89	22.89	12.74
Total Common Shares Outstanding	22.95	22.9	22.89	22.89	12.74
Working Capital	1.3	11.64	24.63	39	-6.04
Book Value Per Share	-0.06	0.55	1.04	1.58	-0.53
Tangible Book Value	-2	11.88	22.96	35.05	-7.52
Tangible Book Value Per Share	-0.09	0.52	1.00	1.53	-0.59
Machinery	-	5.44	4.52	0.87	0.25
Construction In Progress	-	2.16	0.58	0.33	-
Leasehold Improvements	-	0.33	0.3	0.17	-

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