Heron Neutron Medical Balance Sheet

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	11,158	723.97	233.27	7.87
Short-Term Investments	180	100	-	-
Trading Asset Securities	-	-	-	148.25
Cash & Short-Term Investments	11,338	823.97	233.27	156.12
Cash Growth	-	253.23%	49.42%	-
Other Receivables	41.57	36.06	27.56	7.17
Receivables	42.8	36.06	27.56	7.17
Inventory	157.96	52.34	0.01	-
Prepaid Expenses	8.38	3.78	0.68	14.57
Total Current Assets	11,547	916.15	261.51	177.86
Property, Plant & Equipment	572.16	588.05	261.97	213.16
Other Intangible Assets	35.35	36.38	42.17	47.6
Other Long-Term Assets	3.7	3.81	269.46	192.44
Total Assets	12,159	1,544	835.11	631.06
Accounts Payable	1.72	0.22	-	-
Current Portion of Leases	5.44	3.96	3.9	3.84
Other Current Liabilities	18.45	40.11	15.29	23.33
Total Current Liabilities	25.61	44.3	19.2	27.17
Long-Term Leases	3.02	5.55	9.51	13.42
Other Long-Term Liabilities	22.65	22.11	-	-
Total Liabilities	51.28	71.96	28.71	40.59
Common Stock	1,575	1,394	1,140	800
Additional Paid-In Capital	10,879	654.11	-	-
Retained Earnings	-399.1	-595.99	-335.92	-209.53
Comprehensive Income & Other	52.01	20.76	2.32	-
Shareholders' Equity	12,107	1,472	806.4	590.48
Total Liabilities & Equity	12,159	1,544	835.11	631.06
Total Debt	8.46	9.51	13.42	17.26
Net Cash (Debt)	11,330	814.45	219.85	138.86
Net Cash Growth	-	270.46%	58.33%	-
Net Cash Per Share	80.29	6.38	2.05	1.82
Filing Date Shares Outstanding	156.49	139.36	139.36	76.26
Total Common Shares Outstanding	156.49	139.36	139.36	76.26
Working Capital	11,522	871.85	242.32	150.69
Book Value Per Share	77.37	10.57	5.79	7.74
Tangible Book Value	12,072	1,436	764.24	542.87
Tangible Book Value Per Share	77.14	10.30	5.48	7.12
Machinery	278.17	270.28	34.39	28.33
Construction In Progress	2.68	14.98	218.93	166.23
Leasehold Improvements	32.38	20.09	9.71	9.71

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