HG Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	10.31	12.15	10.25	9.46	11.81	11.4
Short-Term Investments	22.76	11.07	13.96	15.41	-	-
Cash & Short-Term Investments	33.07	23.22	24.2	24.87	11.81	11.4
Cash Growth	43.61%	-4.07%	-2.69%	110.67%	3.60%	343.94%
Accounts Receivable	1.17	0.26	0.14	0.11	0.18	-
Other Receivables	-	0.02	0.29	0.34	0.3	0.79
Receivables	1.17	0.28	0.43	0.44	0.48	0.79
Prepaid Expenses	0.3	0.29	0.22	0.3	0.19	0.14
Restricted Cash	10.55	8.26	7.51	5.55	8.29	0.23
Total Current Assets	45.08	32.05	32.36	31.16	20.77	12.56
Property, Plant & Equipment	0.66	0.67	0.7	0.85	0.65	0.01
Long-Term Investments	2.01	2.18	1.28	1	11.45	12.07
Goodwill	6.49	6.49	6.49	6.49	4.45	-
Other Intangible Assets	0.14	0.19	0.27	0.34	-	-
Other Long-Term Assets	0.63	0.58	0.8	1.25	0.56	0.51
Total Assets	55.01	42.17	41.9	41.1	38.87	27.03
Accounts Payable	0.05	0.11	0.4	0.17	0.01	0
Accrued Expenses	0.92	0.86	0.69	0.69	0.45	0.06
Current Portion of Leases	0.1	-	-	-	0.28	-
Other Current Liabilities	10.4	8.11	7.45	5.5	8.05	-
Total Current Liabilities	11.46	9.07	8.55	6.36	8.79	0.06
Long-Term Leases	0.52	0.62	0.59	0.7	0.17	-
Long-Term Unearned Revenue	-	-	-	0.3	-	-
Other Long-Term Liabilities	0.7	0.67	0.35	0.32	0.34	0.24
Total Liabilities	12.69	10.36	9.48	7.68	9.3	0.31
Common Stock	0.1	0.05	0.05	0.05	0.05	0.68
Additional Paid-In Capital	39.06	30.49	30.49	30.49	30.45	29.74
Retained Earnings	3.27	1.41	1.89	2.78	-0.94	-3.7
Total Common Equity	42.43	31.96	32.44	33.32	29.56	26.72
Minority Interest	-0.1	-0.15	-0.02	0.1	-	-
Shareholders' Equity	42.32	31.81	32.42	33.43	29.56	26.72
Total Liabilities & Equity	55.01	42.17	41.9	41.1	38.87	27.03
Total Debt	0.62	0.62	0.59	0.7	0.45	-
Net Cash (Debt)	32.45	22.6	23.61	24.17	11.36	11.4
Net Cash Growth	44.01%	-4.28%	-2.30%	112.77%	-0.33%	343.94%
Net Cash Per Share	9.71	7.98	8.24	8.46	3.95	5.38
Filing Date Shares Outstanding	5.2	2.81	2.86	2.87	2.87	2.87
Total Common Shares Outstanding	5.2	2.81	2.86	2.87	2.87	2.87
Working Capital	33.62	22.98	23.81	24.8	11.97	12.49
Book Value Per Share	8.15	11.36	11.34	11.60	10.29	9.32
Tangible Book Value	35.8	25.27	25.68	26.49	25.11	26.72
Tangible Book Value Per Share	6.88	8.98	8.97	9.22	8.74	9.32
Machinery	-	0.44	0.44	0.38	0.4	0.01

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.