Minerva Surgical 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
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	11.13	6.94	40.61	17.36	27.09
Cash & Short-Term Investments	11.13	6.94	40.61	17.36	27.09
Cash Growth	-26.38%	-82.90%	133.93%	-35.91%	-
Receivables	7.57	7.24	7.29	8.38	3.95
Inventory	18.18	16.85	15.68	10.2	4.74
Prepaid Expenses	2.73	3.72	3.99	1.92	0.67
Restricted Cash	0.08	0.6	7.28	7.2	7.09
Other Current Assets	0.32	0.76	0.15	0.36	0.28
Total Current Assets	40	36.12	75	45.42	43.81
Property, Plant & Equipment	9.42	5.31	4.59	2.88	2.27
Other Intangible Assets	22.33	26.78	34.97	43.14	-
Other Long-Term Assets	1.03	0.69	0.52	0.6	0.6
Total Assets	72.79	68.9	115.09	92.05	46.68
Accounts Payable	3.04	2.8	3.63	3.51	4.19
Accrued Expenses	5.74	6.89	6.49	5.23	3.56
Current Portion of Long-Term Debt	11.65	1.89	-	1.67	-
Current Portion of Leases	0.62	0.36	-	-	-
Current Unearned Revenue	0.2	0.34	0.21	0.22	0.05
Other Current Liabilities	-	2	12.48	22.65	7.42
Total Current Liabilities	21.25	14.28	22.81	33.27	15.22
Long-Term Debt	27.89	37.44	39.09	95.66	75.97
Other Long-Term Liabilities	-	-	9.09	61.67	39.5
Total Liabilities	52.53	51.72	70.99	190.6	130.69
Common Stock	0.01	0.03	0.03	0	0.01
Additional Paid-In Capital	330.95	300.81	293.62	6.27	5.29
Retained Earnings	-310.72	-283.67	-249.56	-228.09	-209.83
Comprehensive Income & Other	0.01	0.01	0.01	0.01	0.01
Total Common Equity	20.26	17.18	44.1	-221.81	-204.52
Shareholders' Equity	20.26	17.18	44.1	-98.56	-84.01
Total Liabilities & Equity	72.79	68.9	115.09	92.05	46.68
Total Debt	43.55	39.69	39.09	97.33	75.97
Net Cash (Debt)	-32.43	-32.75	1.52	-79.97	-48.88
Net Cash Per Share	-5.21	-22.74	4.34	-1651.18	-1084.87
Filing Date Shares Outstanding	8.88	8.83	1.44	0.06	0.05
Total Common Shares Outstanding	8.88	1.49	1.44	0.06	0.05
Working Capital	18.75	21.84	52.2	12.15	28.59
Book Value Per Share	2.28	11.52	30.60	-3720.29	-4539.03
Tangible Book Value	-2.07	-9.6	9.13	-264.95	-204.52
Tangible Book Value Per Share	-0.23	-6.44	6.34	-4443.86	-4539.03
Machinery	16.26	15.18	13.33	10.51	8.54
Construction In Progress	0.09	0.13	0.43	-	-
Leasehold Improvements	0.16	0.16	0.16	0.16	1.19

Source: S&P Capital IQ. Standard template. Financial Sources.