Phoenix Motor Inc. (PEVMD)

Phoenix Motor Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.11	0.76	0.03	0.14	2.68	15.7
Cash & Short-Term Investments	0.11	0.76	0.03	0.14	2.68	15.7
Cash Growth	-92.01%	2364.52%	-77.70%	-94.82%	-82.91%	54034.48%
Accounts Receivable	4.05	4.18	0.67	1.68	1.2	1.16
Other Receivables	4.66	4.77	-	-	-	-
Receivables	8.72	8.95	0.67	1.68	1.2	1.16
Inventory	39.52	40.76	1.8	4.56	2.23	1.55
Prepaid Expenses	0.04	0.16	0.1	1.18	0.19	0.53
Restricted Cash	-	-	3.25	-	-	-
Other Current Assets	1.94	1.37	0.17	0.16	0.34	0.32
Total Current Assets	50.33	52.01	6.02	7.72	6.64	19.25
Property, Plant & Equipment	4.12	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	0.04	0.06	0.23	-	-	-
Other Long-Term Assets	-	-	-	0.46	-	-
Total Assets	54.49	57.58	11.64	20.44	15.44	29.23
Accounts Payable	3.83	4.27	3.53	1.36	1.79	1.36
Accrued Expenses	8.4	6.69	0.93	0.65	0.78	0.45
Short-Term Debt	0.02	1.04	1.82	-	-	-
Current Portion of Long-Term Debt	3.44	0.49	1.33	0	0.01	0.02
Current Portion of Leases	1.67	1.85	1.3	0.72	-	-
Current Unearned Revenue	9.36	6.21	0.53	1.73	1.52	1.9
Other Current Liabilities	3.68	5.69	1.45	0.33	0.36	0.53
Total Current Liabilities	30.4	26.22	10.88	4.79	4.45	4.25
Long-Term Debt	0.14	0.14	0.68	0.15	0.76	0.18
Long-Term Leases	0.39	1.24	2.7	3.23	-	-
Long-Term Unearned Revenue	-	2.04	2.21	-	-	-
Long-Term Deferred Tax Liabilities	7.72	7.72	-	-	-	-
Other Long-Term Liabilities	8.04	9.91	-	-	-	-
Total Liabilities	46.68	47.26	16.48	8.16	5.21	4.44
Common Stock	0.02	0.02	0.01	0.01	0.01	0.01
Additional Paid-In Capital	53.8	51.58	44.36	40.84	26.09	26.03
Retained Earnings	-46.01	-41.28	-49.21	-28.56	-15.86	-1.24
Comprehensive Income & Other	-	-	-	-	-0.01	-0.01
Shareholders' Equity	7.81	10.32	-4.84	12.28	10.23	24.79
Total Liabilities & Equity	54.49	57.58	11.64	20.44	15.44	29.23
Total Debt	5.67	4.75	7.83	4.09	0.77	0.21
Net Cash (Debt)	-5.56	-3.98	-7.8	-3.96	1.92	15.49
Net Cash Growth	-	-	-	-	-87.63%	774600.00%
Net Cash Per Share	-0.71	-0.54	-1.84	-1.01	0.55	4.43
Filing Date Shares Outstanding	9.86	9.86	6.94	4.24	3.5	3.5
Total Common Shares Outstanding	9.86	8.53	4.38	4.06	3.5	3.5
Working Capital	19.93	25.79	-4.87	2.93	2.19	15
Book Value Per Share	0.79	1.21	-1.10	3.03	2.92	7.08
Tangible Book Value	7.81	10.32	-9.11	6.31	3.63	17.58
Tangible Book Value Per Share	0.79	1.21	-2.08	1.56	1.04	5.02
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.