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 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	2,208	2,349	723.97	233.27	7.87
Short-Term Investments	7,882	7,880	100	-	-
Trading Asset Securities	-	-	-	-	148.25
Cash & Short-Term Investments	10,090	10,229	823.97	233.27	156.12
Cash Growth	1243.61%	1141.39%	253.23%	49.42%	-
Accounts Receivable	0.76	0.33	-	-	-
Other Receivables	16.89	56.2	36.06	27.56	7.17
Receivables	17.65	56.53	36.06	27.56	7.17
Inventory	87.64	251.39	52.34	0.01	-
Prepaid Expenses	261.11	16.17	3.78	0.68	14.57
Total Current Assets	10,456	10,553	916.15	261.51	177.86
Property, Plant & Equipment	800.94	575.44	588.05	261.97	213.16
Long-Term Investments	359.58	415.03	-	-	-
Other Intangible Assets	33.14	34.25	36.38	42.17	47.6
Other Long-Term Assets	16.95	1.19	3.81	269.46	192.44
Total Assets	11,667	11,579	1,544	835.11	631.06
Accounts Payable	8.52	13.26	0.22	-	-
Current Portion of Leases	7.61	5.54	3.96	3.9	3.84
Other Current Liabilities	18.08	45.98	40.11	15.29	23.33
Total Current Liabilities	34.21	64.78	44.3	19.2	27.17
Long-Term Leases	222.83	1.69	5.55	9.51	13.42
Other Long-Term Liabilities	33.29	22.84	22.11	-	-
Total Liabilities	290.33	89.3	71.96	28.71	40.59
Common Stock	1,580	1,575	1,394	1,140	800
Additional Paid-In Capital	10,895	10,893	654.11	-	-
Retained Earnings	-539.24	-481.67	-595.99	-335.92	-209.53
Comprehensive Income & Other	-559.06	-497.63	20.76	2.32	-
Shareholders' Equity	11,376	11,489	1,472	806.4	590.48
Total Liabilities & Equity	11,667	11,579	1,544	835.11	631.06
Total Debt	230.45	7.23	9.51	13.42	17.26
Net Cash (Debt)	9,859	10,221	814.45	219.85	138.86
Net Cash Growth	1228.00%	1155.00%	270.46%	58.33%	-
Net Cash Per Share	62.59	70.17	6.38	2.05	1.82
Filing Date Shares Outstanding	157.51	157.51	139.36	139.36	76.26
Total Common Shares Outstanding	157.51	157.51	139.36	139.36	76.26
Working Capital	10,422	10,488	871.85	242.32	150.69
Book Value Per Share	72.22	72.94	10.57	5.79	7.74
Tangible Book Value	11,343	11,455	1,436	764.24	542.87
Tangible Book Value Per Share	72.01	72.73	10.30	5.48	7.12
Machinery	-	284	270.28	34.39	28.33
Construction In Progress	-	7.05	14.98	218.93	166.23
Leasehold Improvements	-	34.64	20.09	9.71	9.71

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