Phoenix Motor Inc. (PEVM)

Phoenix Motor Balance Sheet

Financials in millions USD. 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	0.76	0.03	0.14	2.68	15.7
Cash & Short-Term Investments	0.76	0.03	0.14	2.68	15.7
Cash Growth	2364.52%	-77.70%	-94.82%	-82.91%	54034.48%
Accounts Receivable	4.18	0.67	1.68	1.2	1.16
Other Receivables	4.77	-	-	-	-
Receivables	8.95	0.67	1.68	1.2	1.16
Inventory	40.76	1.8	4.56	2.23	1.55
Prepaid Expenses	0.16	0.1	1.18	0.19	0.53
Restricted Cash	-	3.25	-	-	-
Other Current Assets	1.37	0.17	0.16	0.34	0.32
Total Current Assets	52.01	6.02	7.72	6.64	19.25
Property, Plant & Equipment	5.51	1.12	6.29	2.21	2.77
Goodwill	-	4.27	4.27	4.27	4.27
Other Intangible Assets	-	-	1.7	2.32	2.94
Long-Term Accounts Receivable	0.06	0.23	-	-	-
Other Long-Term Assets	-	-	0.46	-	-
Total Assets	57.58	11.64	20.44	15.44	29.23
Accounts Payable	4.27	3.53	1.36	1.79	1.36
Accrued Expenses	6.69	0.93	0.65	0.78	0.45
Short-Term Debt	1.04	1.82	-	-	-
Current Portion of Long-Term Debt	0.49	1.33	0	0.01	0.02
Current Portion of Leases	1.85	1.3	0.72	-	-
Current Unearned Revenue	6.21	0.53	1.73	1.52	1.9
Other Current Liabilities	5.69	1.45	0.33	0.36	0.53
Total Current Liabilities	26.22	10.88	4.79	4.45	4.25
Long-Term Debt	0.14	0.68	0.15	0.76	0.18
Long-Term Leases	1.24	2.7	3.23	-	-
Long-Term Unearned Revenue	2.04	2.21	-	-	-
Long-Term Deferred Tax Liabilities	7.72	-	-	-	-
Other Long-Term Liabilities	9.91	-	-	-	-
Total Liabilities	47.26	16.48	8.16	5.21	4.44
Common Stock	0.02	0.01	0.01	0.01	0.01
Additional Paid-In Capital	51.58	44.36	40.84	26.09	26.03
Retained Earnings	-41.28	-49.21	-28.56	-15.86	-1.24
Comprehensive Income & Other	-	-	-	-0.01	-0.01
Shareholders' Equity	10.32	-4.84	12.28	10.23	24.79
Total Liabilities & Equity	57.58	11.64	20.44	15.44	29.23
Total Debt	4.75	7.83	4.09	0.77	0.21
Net Cash (Debt)	-3.98	-7.8	-3.96	1.92	15.49
Net Cash Growth	-	-	-	-87.63%	774600.00%
Net Cash Per Share	-0.11	-0.37	-0.20	0.11	0.89
Filing Date Shares Outstanding	49.28	34.69	21.18	17.5	17.5
Total Common Shares Outstanding	42.67	21.9	20.28	17.5	17.5
Working Capital	25.79	-4.87	2.93	2.19	15
Book Value Per Share	0.24	-0.22	0.61	0.58	1.42
Tangible Book Value	10.32	-9.11	6.31	3.63	17.58
Tangible Book Value Per Share	0.24	-0.42	0.31	0.21	1.00
Machinery	7.08	3.4	5.01	4.77	6.56
Construction In Progress	-	0.33	0.43	0.3	0.25
Leasehold Improvements	0.4	0.08	0.08	0.08	0.39
Order Backlog	16.7	-	-	-	-

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