Shift Technologies Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Jun '23 Jun 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Cash & Equivalents	23.26	96.16	182.62	233.94	42.98	71.4
Short-Term Investments	-	1.26	-	-	-	-
Cash & Short-Term Investments	23.26	97.42	182.62	233.94	42.98	71.4
Cash Growth	-73.72%	-46.65%	-21.94%	444.34%	-39.81%	-
Receivables	3.94	4.56	20.08	8.43	1.84	4.08
Inventory	24.01	40.93	122.74	49.09	18.2	43.07
Prepaid Expenses	6.36	7.66	7.39	5.48	1.9	1.27
Restricted Cash	7.88	10.63	-	-	-	0.37
Other Current Assets	12.49	17.23	-	-	-	-
Total Current Assets	77.94	178.42	332.84	296.93	64.91	120.18
Property, Plant & Equipment	18.36	51.52	7.94	2.12	2.12	0.94
Long-Term Investments	-	0.71	-	-	-	-
Goodwill	2.07	2.07	-	-	-	-
Other Intangible Assets	9.26	10.66	9.26	6.54	5.68	3.22
Long-Term Deferred Charges	0.12	0.27	0.56	2.15	5.18	13.38
Other Long-Term Assets	2.35	4.38	15.14	4.35	4.87	1
Total Assets	110.09	248.02	365.74	312.09	82.77	138.72
Accounts Payable	8.42	12.09	15.18	10.68	1.97	5.15
Accrued Expenses	11.9	28.44	35.78	9.21	4.65	5.85
Short-Term Debt	14.44	24.83	83.25	13.87	16.25	27.39
Current Portion of Leases	3.66	9.14	-	-	-	-
Other Current Liabilities	20.4	20.86	8.16	13.08	1.31	0.26
Total Current Liabilities	58.81	95.36	142.37	46.83	24.17	38.65
Long-Term Debt	164.41	163.36	144.34	-	8.51	-
Long-Term Leases	17.57	48.97	-	-	-	-
Other Long-Term Liabilities	0.05	0.11	3.76	28.08	6.76	8.88
Total Liabilities	240.85	307.8	290.47	74.91	39.44	47.53
Common Stock	0	0	0	0.01	0	0
Additional Paid-In Capital	555.87	552.97	515.98	511.62	258.63	12.54
Retained Earnings	-686.63	-612.75	-440.71	-274.44	-215.3	-134.81
Comprehensive Income & Other	-	-0	-	-	-	-
Total Common Equity	-130.76	-59.79	75.27	237.18	43.33	-122.27
Shareholders' Equity	-130.76	-59.79	75.27	237.18	43.33	91.19
Total Liabilities & Equity	110.09	248.02	365.74	312.09	82.77	138.72
Total Debt	200.07	246.3	227.59	13.87	24.75	27.39
Net Cash (Debt)	-176.82	-148.17	-44.97	220.07	18.23	44.01
Net Cash Growth	-	-	-	1107.43%	-58.59%	-
Net Cash Per Share	-13.49	-17.15	-5.76	116.23	57.29	16.82
Filing Date Shares Outstanding	17	17.23	8.29	8.41	0.32	2.62
Total Common Shares Outstanding	16.99	17.21	8.14	8.39	0.32	2.62
Working Capital	19.12	83.07	190.46	250.1	40.75	81.54
Book Value Per Share	-7.69	-3.47	9.25	28.27	136.22	-46.72
Tangible Book Value	-142.08	-72.51	66.01	230.64	37.66	-125.49
Tangible Book Value Per Share	-8.36	-4.21	8.11	27.49	118.36	-47.95
Machinery	3.62	5.82	9.01	2.29	1.45	0.37
Construction In Progress	-	-	-	-	-	0.66
Leasehold Improvements	1.04	4.33	1.26	1.41	1.27	-

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