TESI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	0	0.03	0.03	0.03
Cash & Short-Term Investments	0	0.03	0.03	0.03
Cash Growth	-91.20%	26.98%	-20.64%	-
Accounts Receivable	1.21	0.66	0.52	0.41
Other Receivables	0.25	0.01	0.2	0.43
Receivables	1.46	0.67	0.72	0.84
Prepaid Expenses	0.18	0.24	0.13	0.09
Other Current Assets	-	0.53	-	-
Total Current Assets	1.65	1.48	0.87	0.96
Property, Plant & Equipment	13.15	7.35	5.84	3.44
Goodwill	12.44	-	-	-
Other Intangible Assets	0.55	0.62	0.69	-
Other Long-Term Assets	0.02	12.73	0.01	0.01
Total Assets	27.81	22.18	7.41	4.41
Accounts Payable	6.91	2.85	0.67	0.31
Accrued Expenses	1.54	0.7	0.09	0.07
Short-Term Debt	4.47	3.6	-	3.66
Current Portion of Long-Term Debt	5.43	3.91	1.1	1.24
Current Portion of Leases	0.21	0.39	0.1	0.09
Other Current Liabilities	0.25	0.96	0.03	0.03
Total Current Liabilities	18.81	12.41	1.98	5.4
Long-Term Debt	5.55	3.17	2.79	0.84
Long-Term Leases	0.32	1.29	0.12	0.21
Total Liabilities	24.68	16.88	4.88	6.44
Common Stock	0	0	2.53	-2.04
Additional Paid-In Capital	167.77	155.38	-	-
Retained Earnings	-172.49	-150.08	-	-
Total Common Equity	-4.71	5.3	2.53	-2.04
Shareholders' Equity	3.13	5.3	2.53	-2.04
Total Liabilities & Equity	27.81	22.18	7.41	4.41
Total Debt	15.98	12.36	4.09	6.04
Net Cash (Debt)	-15.98	-12.33	-4.07	-6
Net Cash Per Share	-0.07	-0.07	-0.27	-
Filing Date Shares Outstanding	39.54	25.39	15.13	-
Total Common Shares Outstanding	28.21	15.13	15.13	-
Working Capital	-17.16	-10.94	-1.11	-4.44
Book Value Per Share	-0.17	0.35	0.17	-
Tangible Book Value	-17.7	4.68	1.84	-2.04
Tangible Book Value Per Share	-0.63	0.31	0.12	-
Machinery	9.33	4.43	4.13	2.25
Leasehold Improvements	0.13	0.02	0.02	0.02

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