Space-Communication Balance Sheet

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

Millions USD. 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	17.76	45.83	44.72	46.74	90.2
Short-Term Investments	-	-	-	-	9.57
Cash & Short-Term Investments	17.76	45.83	44.72	46.74	99.77
Cash Growth	-61.24%	2.49%	-4.32%	-53.16%	-17.17%
Accounts Receivable	15.77	33.7	33.24	38.79	35.23
Other Receivables	2.06	2.09	1.43	1.27	-
Receivables	17.82	35.79	34.67	40.07	35.23
Prepaid Expenses	1.42	1.07	3.75	0.66	2.96
Restricted Cash	-	125.65	71.84	14.3	-
Total Current Assets	37.01	208.34	154.97	101.76	137.97
Property, Plant & Equipment	201.9	219.69	250.9	319.84	409.73
Long-Term Investments	1.95	0.33	0.52	0.07	-
Other Long-Term Assets	5.74	5.83	4.95	6.42	8.39
Total Assets	246.59	434.18	411.34	428.09	556.09
Accounts Payable	0.64	2.3	1.78	1.71	1.87
Accrued Expenses	7.55	51.12	25.64	6.03	5.87
Current Portion of Long-Term Debt	12.79	317.09	315.86	314.74	32.69
Current Portion of Leases	1.67	1.58	10.45	15.64	20.71
Current Unearned Revenue	0.55	5.5	6.48	-	-
Other Current Liabilities	6.75	7.39	9.18	9.49	6.93
Total Current Liabilities	29.95	384.99	369.37	347.6	68.07
Long-Term Debt	125.82	-	-	-	342.58
Long-Term Leases	15.85	15.8	15.04	23.36	43.04
Long-Term Unearned Revenue	-	0.55	6.05	18.88	24.7
Pension & Post-Retirement Benefits	0.21	0.2	0.29	0.29	0.45
Other Long-Term Liabilities	2.88	3.78	9.91	9	3.71
Total Liabilities	174.71	405.32	400.67	399.13	482.55
Common Stock	1.16	1.06	1.06	1.01	0.99
Additional Paid-In Capital	182.05	151.17	151.17	145.59	137.32
Retained Earnings	-107	-136.33	-159.3	-139.87	-72.61
Comprehensive Income & Other	-4.33	12.97	17.75	22.22	7.84
Shareholders' Equity	71.88	28.87	10.67	28.96	73.54
Total Liabilities & Equity	246.59	434.18	411.34	428.09	556.09
Total Debt	156.14	334.47	341.35	353.74	439.01
Net Cash (Debt)	-138.37	-288.64	-296.63	-307	-339.24
Net Cash Per Share	-2.49	-5.53	-8.41	-11.96	-14.06
Filing Date Shares Outstanding	70.69	35.89	35.89	31.74	24.12
Total Common Shares Outstanding	70.69	35.89	35.89	31.74	24.12
Working Capital	7.05	-176.66	-214.4	-245.84	69.89
Book Value Per Share	1.02	0.80	0.30	0.91	3.05
Tangible Book Value	71.88	28.87	10.67	28.96	73.54
Tangible Book Value Per Share	1.02	0.80	0.30	0.91	3.05
Machinery	211.84	205.63	221.74	450.54	628.7
Leasehold Improvements	0.97	0.91	0.91	0.88	0.85

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