Phinergy Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	21.51	37.4	19.13	52.07	126.89
Short-Term Investments	3.23	4.18	35.56	60.47	40.04
Cash & Short-Term Investments	24.73	41.58	54.68	112.54	166.93
Cash Growth	-40.52%	-23.96%	-51.41%	-32.58%	455.64%
Accounts Receivable	1.35	0.86	0.34	0.18	0.51
Other Receivables	0.67	0.15	0.81	0.55	1.73
Receivables	2.02	1.01	1.15	0.72	2.24
Inventory	3.45	4.01	6.23	3.98	1.62
Prepaid Expenses	0.8	0.6	0.4	0.35	0.16
Other Current Assets	0.36	0.12	2.23	1.16	0.93
Total Current Assets	31.36	47.32	64.7	118.75	171.87
Property, Plant & Equipment	31.09	38.86	39.78	37.37	21.12
Long-Term Investments	-	3.91	0.9	12.89	13.79
Other Intangible Assets	0.12	0.16	0.21	0.25	0.29
Long-Term Deferred Charges	8.45	9.6	7.32	4.35	1.95
Other Long-Term Assets	4.18	3.79	2.91	2.65	2.67
Total Assets	75.2	103.65	115.82	176.25	211.69
Accounts Payable	0.74	1.89	1.95	3.28	2.58
Accrued Expenses	4.41	5.02	8.61	4.82	5.29
Current Portion of Leases	2.47	2.28	1.82	1.95	2.61
Current Unearned Revenue	0.42	0.17	0.11	2.63	2.54
Other Current Liabilities	-	0.09	7.33	0	0.12
Total Current Liabilities	8.03	9.45	19.83	12.68	13.14
Long-Term Leases	6.6	8.19	11.55	12.6	4.5
Long-Term Unearned Revenue	21.02	19.04	22.34	56.01	54.59
Other Long-Term Liabilities	0.44	0.5	0.5	3.16	5.23
Total Liabilities	36.09	37.18	54.21	84.45	77.45
Common Stock	591.67	569.05	501.88	496.8	495.73
Additional Paid-In Capital	-	-	-	143.36	143.36
Retained Earnings	-723.1	-668.83	-608.96	-575.7	-528
Comprehensive Income & Other	170.54	166.25	168.69	27.34	23.14
Shareholders' Equity	39.11	66.47	61.61	91.8	134.24
Total Liabilities & Equity	75.2	103.65	115.82	176.25	211.69
Total Debt	9.07	10.47	13.37	14.55	7.1
Net Cash (Debt)	15.66	31.11	41.32	98	159.82
Net Cash Growth	-49.65%	-24.70%	-57.84%	-38.69%	681.15%
Net Cash Per Share	0.17	0.36	0.54	1.28	2.15
Filing Date Shares Outstanding	101.64	87.34	76.49	76.49	76.47
Total Common Shares Outstanding	101.64	87.34	76.49	76.49	76.47
Working Capital	23.33	37.87	44.88	106.07	158.73
Book Value Per Share	0.38	0.76	0.81	1.20	1.76
Tangible Book Value	38.99	66.3	61.41	91.55	133.95
Tangible Book Value Per Share	0.38	0.76	0.80	1.20	1.75
Machinery	22.82	22.38	20.51	15.54	9.82
Leasehold Improvements	20.62	20.6	18.41	16.27	10.26

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.