Heron Neutron Medical Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	2,349	723.97	233.27	7.87
Short-Term Investments	7,880	100	-	-
Trading Asset Securities	-	-	-	148.25
Cash & Short-Term Investments	10,229	823.97	233.27	156.12
Cash Growth	1141.39%	253.23%	49.42%	-
Accounts Receivable	0.33	-	-	-
Other Receivables	9.84	36.06	27.56	7.17
Receivables	10.17	36.06	27.56	7.17
Inventory	67.34	52.34	0.01	-
Prepaid Expenses	246.59	3.78	0.68	14.57
Total Current Assets	10,553	916.15	261.51	177.86
Property, Plant & Equipment	575.44	588.05	261.97	213.16
Long-Term Investments	415.03	-	-	-
Other Intangible Assets	34.25	36.38	42.17	47.6
Other Long-Term Assets	1.19	3.81	269.46	192.44
Total Assets	11,579	1,544	835.11	631.06
Accounts Payable	13.26	0.22	-	-
Current Portion of Leases	5.54	3.96	3.9	3.84
Other Current Liabilities	45.98	40.11	15.29	23.33
Total Current Liabilities	64.78	44.3	19.2	27.17
Long-Term Leases	1.69	5.55	9.51	13.42
Other Long-Term Liabilities	22.84	22.11	-	-
Total Liabilities	89.3	71.96	28.71	40.59
Common Stock	1,575	1,394	1,140	800
Additional Paid-In Capital	10,893	654.11	-	-
Retained Earnings	-481.67	-595.99	-335.92	-209.53
Comprehensive Income & Other	-497.99	20.76	2.32	-
Shareholders' Equity	11,489	1,472	806.4	590.48
Total Liabilities & Equity	11,579	1,544	835.11	631.06
Total Debt	7.23	9.51	13.42	17.26
Net Cash (Debt)	10,221	814.45	219.85	138.86
Net Cash Growth	1155.00%	270.46%	58.33%	-
Net Cash Per Share	70.24	6.38	2.05	1.82
Filing Date Shares Outstanding	157.09	139.36	139.36	76.26
Total Common Shares Outstanding	157.09	139.36	139.36	76.26
Working Capital	10,488	871.85	242.32	150.69
Book Value Per Share	73.14	10.57	5.79	7.74
Tangible Book Value	11,455	1,436	764.24	542.87
Tangible Book Value Per Share	72.92	10.30	5.48	7.12
Machinery	-	270.28	34.39	28.33
Construction In Progress	-	14.98	218.93	166.23
Leasehold Improvements	-	20.09	9.71	9.71

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