Tectona 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	4.76	5.08	5.56	6.31	15.82
Short-Term Investments	6.26	1.68	1.69	0.01	0.01
Cash & Short-Term Investments	11.02	6.76	7.25	6.32	15.83
Cash Growth	63.15%	-6.81%	14.75%	-60.09%	895.72%
Accounts Receivable	3.99	1.82	-	-	-
Other Receivables	0.11	0.04	0.02	0.8	0.07
Receivables	4.11	1.87	0.02	0.8	0.07
Prepaid Expenses	0.01	0.31	0.17	0.2	0.07
Restricted Cash	0.01	-	0.23	-	-
Other Current Assets	0.53	0.04	0.01	-	0.02
Total Current Assets	15.69	8.97	7.68	7.31	16
Property, Plant & Equipment	0.33	0.59	0.88	1.18	0.42
Long-Term Investments	4.28	7	3.14	1.13	1.16
Goodwill	0.39	-	-	-	-
Other Intangible Assets	0.44	-	-	0.11	0.52
Other Long-Term Assets	5.64	3.75	0.8	3.17	2.01
Total Assets	26.76	20.31	12.5	12.9	20.09
Accounts Payable	0.06	0.01	0.06	0.14	0.08
Accrued Expenses	1.34	0.85	0.48	0.55	0.72
Current Portion of Leases	0.24	0.24	0.22	0.2	0.11
Current Unearned Revenue	-	-	-	0.78	-
Other Current Liabilities	5.45	4.04	0.04	0.74	0.82
Total Current Liabilities	7.09	5.15	0.8	2.4	1.73
Long-Term Leases	-	0.21	0.44	0.66	0.18
Other Long-Term Liabilities	0.07	0	0	0.05	0.79
Total Liabilities	7.16	5.36	1.24	3.11	2.7
Additional Paid-In Capital	89.51	76.98	72.36	65.91	45.83
Retained Earnings	-75.65	-71.59	-72.3	-73	-61.78
Comprehensive Income & Other	5.52	9.57	11.2	16.88	33.34
Total Common Equity	19.38	14.96	11.26	9.79	17.39
Minority Interest	0.22	-	-	-	-
Shareholders' Equity	19.6	14.96	11.26	9.79	17.39
Total Liabilities & Equity	26.76	20.31	12.5	12.9	20.09
Total Debt	0.24	0.45	0.65	0.86	0.3
Net Cash (Debt)	10.79	6.31	6.6	5.46	15.54
Net Cash Growth	70.91%	-4.33%	20.87%	-64.87%	877.17%
Net Cash Per Share	0.42	0.28	0.36	0.32	1.04
Filing Date Shares Outstanding	33.11	23.11	16.22	16.22	16.22
Total Common Shares Outstanding	33.11	23.11	16.22	16.22	16.22
Working Capital	8.59	3.83	6.88	4.91	14.27
Book Value Per Share	0.59	0.65	0.69	0.60	1.07
Tangible Book Value	18.55	14.96	11.26	9.68	16.87
Tangible Book Value Per Share	0.56	0.65	0.69	0.60	1.04
Machinery	0.22	0.19	0.18	0.21	0.12
Leasehold Improvements	0.24	0.24	0.24	0.24	0.01

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