Phoenix Motor Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	0.28	0.03	0.14	2.68	15.7	0.03
Cash & Short-Term Investments	0.28	0.03	0.14	2.68	15.7	0.03
Cash Growth	50.00%	-77.70%	-94.82%	-82.91%	54034.48%	-
Receivables	11.6	0.67	1.68	1.2	1.16	1.7
Inventory	45.14	1.8	4.56	2.23	1.55	3.18
Prepaid Expenses	0.1	0.1	1.18	0.19	0.53	0.16
Restricted Cash	-	3.25	-	-	-	-
Other Current Assets	0.98	0.17	0.16	0.34	0.32	0.49
Total Current Assets	58.1	6.02	7.72	6.64	19.25	5.55
Property, Plant & Equipment	6.06	1.12	6.29	2.21	2.77	3.32
Goodwill	-	4.27	4.27	4.27	4.27	-
Other Intangible Assets	-	-	1.7	2.32	2.94	0.09
Long-Term Accounts Receivable	0.08	0.23	-	-	-	-
Other Long-Term Assets	-	-	0.46	-	-	-
Total Assets	64.23	11.64	20.44	15.44	29.23	8.96
Accounts Payable	3.16	3.53	1.36	1.79	1.36	1.15
Accrued Expenses	5.41	0.93	0.65	0.78	0.45	0.9
Short-Term Debt	1.24	1.82	-	-	-	-
Current Portion of Long-Term Debt	1.54	1.33	0	0.01	0.02	0.02
Current Portion of Leases	2.68	1.3	0.72	-	-	-
Current Unearned Revenue	5.77	0.53	1.73	1.52	1.9	1.74
Other Current Liabilities	5.99	1.45	0.33	0.36	0.53	0.61
Total Current Liabilities	26.52	10.88	4.79	4.45	4.25	4.41
Long-Term Debt	0.14	0.68	0.15	0.76	0.18	0.01
Long-Term Leases	2.84	2.7	3.23	-	-	-
Long-Term Unearned Revenue	1.89	2.21	-	-	-	-
Other Long-Term Liabilities	10.7	-	-	-	-	16.17
Total Liabilities	49.32	16.48	8.16	5.21	4.44	20.59
Common Stock	0.02	0.01	0.01	0.01	0.01	-
Additional Paid-In Capital	49.96	44.36	40.84	26.09	26.03	49.56
Retained Earnings	-35.07	-49.21	-28.56	-15.86	-1.24	-61.2
Comprehensive Income & Other	-	-	-	-0.01	-0.01	-
Shareholders' Equity	14.91	-4.84	12.28	10.23	24.79	-11.64
Total Liabilities & Equity	64.23	11.64	20.44	15.44	29.23	8.96
Total Debt	8.44	7.83	4.09	0.77	0.21	0.03
Net Cash (Debt)	-8.16	-7.8	-3.96	1.92	15.49	0
Net Cash Growth	-	-	-	-87.63%	774600.00%	-
Net Cash Per Share	-0.24	-0.37	-0.20	0.11	0.89	-
Filing Date Shares Outstanding	45.75	34.69	21.18	17.5	17.5	-
Total Common Shares Outstanding	37.17	21.9	20.28	17.5	17.5	-
Working Capital	31.58	-4.87	2.93	2.19	15	1.14
Book Value Per Share	0.40	-0.22	0.61	0.58	1.42	-
Tangible Book Value	14.91	-9.11	6.31	3.63	17.58	-11.72
Tangible Book Value Per Share	0.40	-0.42	0.31	0.21	1.00	-
Machinery	-	3.4	5.01	4.77	6.56	6.2
Construction In Progress	-	0.33	0.43	0.3	0.25	0.22
Leasehold Improvements	-	0.08	0.08	0.08	0.39	0.39
Order Backlog	-	17.7	-	-	-	-

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