Windtree Therapeutics 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	0.2	1.78	4.32	6.17	22.35	16.93
Cash & Short-Term Investments	0.2	1.78	4.32	6.17	22.35	16.93
Cash Growth	-91.13%	-58.81%	-30.02%	-72.38%	32.00%	-25.02%
Prepaid Expenses	1.2	0.8	1.06	1.21	1.14	1.19
Total Current Assets	7.21	2.57	5.38	7.38	23.49	18.12
Property, Plant & Equipment	0.77	1.16	1.63	2.12	3.39	1.84
Goodwill	-	-	-	3.06	15.68	15.68
Other Intangible Assets	8	24.13	25.25	25.25	32.07	77.09
Other Long-Term Assets	0.01	0.01	0.15	0.15	0.15	0.15
Total Assets	15.98	27.88	32.41	37.95	74.79	112.89
Accounts Payable	1.65	1.88	0.81	0.25	0.69	1.16
Accrued Expenses	2.01	1.71	1.62	1.55	3.41	3.81
Short-Term Debt	2.7	0.33	0.23	0.25	0.29	0.35
Current Portion of Leases	0.54	0.51	0.44	0.4	0.53	0.81
Other Current Liabilities	15	1.29	0.9	-	-	-
Total Current Liabilities	21.9	5.72	4	2.46	4.92	6.13
Long-Term Debt	-	-	15	15	15	17.42
Long-Term Leases	0.24	0.65	1.16	1.62	2.07	0.2
Long-Term Deferred Tax Liabilities	1.64	4.53	5.06	5.06	7.11	16.78
Other Long-Term Liabilities	3.81	6.98	3.8	3.8	3.8	2.8
Total Liabilities	27.59	17.88	29.02	27.94	32.91	43.33
Common Stock	0.03	-	-	-	-	0.02
Additional Paid-In Capital	880.78	859.66	851.27	837.6	830.26	790.28
Retained Earnings	-889.37	-846.61	-844.82	-824.53	-785.32	-717.69
Treasury Stock	-3.05	-3.05	-3.05	-3.05	-3.05	-3.05
Shareholders' Equity	-11.61	10	3.39	10.01	41.88	69.55
Total Liabilities & Equity	15.98	27.88	32.41	37.95	74.79	112.89
Total Debt	3.49	1.49	16.83	17.28	17.89	18.78
Net Cash (Debt)	-3.28	0.29	-12.51	-11.11	4.46	-1.85
Net Cash Per Share	-0.40	5.42	-	-	-	-
Filing Date Shares Outstanding	33.71	3.56	0.01	-	-	-
Total Common Shares Outstanding	33.63	0.26	-	-	-	-
Working Capital	-14.7	-3.14	1.38	4.92	18.57	11.99
Book Value Per Share	-0.35	38.99	-	-	-	-
Tangible Book Value	-19.61	-14.13	-21.86	-18.3	-5.87	-23.22
Tangible Book Value Per Share	-0.58	-55.13	-	-	-	-
Machinery	-	1.27	1.26	1.27	5.09	4.98
Leasehold Improvements	-	2.66	2.66	2.65	2.65	2.48

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