First Ship Lease Trust Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	22.57	20.83	14.79	32.17	30.12	3.67
Cash & Short-Term Investments	22.57	20.83	14.79	32.17	30.12	3.67
Cash Growth	11.57%	40.88%	-54.04%	6.83%	721.27%	-82.28%
Accounts Receivable	0.65	-	0.15	0.34	0.08	1.27
Other Receivables	-	0.56	0.55	0.54	0.68	1.17
Receivables	0.65	0.56	0.69	0.89	0.76	2.45
Prepaid Expenses	-	0.05	0.06	0.08	0.08	0.09
Other Current Assets	-	0	0.42	0.6	0.61	11.3
Total Current Assets	23.22	21.45	15.97	33.74	31.55	17.5
Other Long-Term Assets	21.89	22.49	26.69	32	33.91	66.17
Total Assets	45.11	43.94	42.66	65.73	65.47	83.67
Accounts Payable	0.93	-	-	0.17	0.36	0.21
Accrued Expenses	-	0.43	0.42	0.48	0.45	0.18
Current Portion of Long-Term Debt	-	-	2.48	3.45	3.4	3.36
Current Income Taxes Payable	0.02	0.06	0.05	0.16	0.01	0
Other Current Liabilities	-	0.05	0.53	0	-	0.26
Total Current Liabilities	0.94	0.53	3.46	4.26	4.22	4.01
Long-Term Debt	-	-	2.65	6.66	10.11	13.51
Total Liabilities	0.94	0.53	6.11	10.92	14.33	17.51
Common Stock	561.33	561.33	561.33	561.33	561.33	561.33
Retained Earnings	-510.44	-511.2	-518.06	-499.8	-503.47	-488.45
Comprehensive Income & Other	-6.73	-6.73	-6.73	-6.73	-6.73	-6.73
Shareholders' Equity	44.17	43.41	36.55	54.81	51.14	66.16
Total Liabilities & Equity	45.11	43.94	42.66	65.73	65.47	83.67
Total Debt	-	-	5.12	10.11	13.51	16.87
Net Cash (Debt)	22.57	20.83	9.67	22.06	16.61	-13.2
Net Cash Growth	23.43%	115.49%	-56.18%	32.88%	-	-
Net Cash Per Share	0.01	0.01	0.01	0.01	0.01	-0.01
Filing Date Shares Outstanding	1,768	1,768	1,768	1,768	1,768	1,768
Total Common Shares Outstanding	1,768	1,768	1,768	1,768	1,768	1,768
Working Capital	22.28	20.92	12.5	29.48	27.34	13.5
Book Value Per Share	0.02	0.02	0.02	0.03	0.03	0.04
Tangible Book Value	44.17	43.41	36.55	54.81	51.14	66.16
Tangible Book Value Per Share	0.02	0.02	0.02	0.03	0.03	0.04
Order Backlog	-	17.1	-	-	-	-