Burcon NutraScience Balance Sheet

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	1.29	7.28	4.2	1.46	7	13.97
Cash & Short-Term Investments	1.29	7.28	4.2	1.46	7	13.97
Cash Growth	117.81%	73.36%	188.10%	-79.19%	-49.90%	-7.04%
Accounts Receivable	0.48	0.11	0.06	0.16	0.2	0.34
Other Receivables	0	-	0.46	0.17	-	0
Receivables	0.48	0.11	0.51	0.33	0.2	0.34
Inventory	0.82	0.2	0.07	-	-	0.13
Prepaid Expenses	0.11	0.19	0.33	0.08	0.29	0.15
Restricted Cash	-	-	-	-	0.12	-
Other Current Assets	-	0.02	0.08	-	-	-
Total Current Assets	2.7	7.8	5.19	1.86	7.62	14.6
Property, Plant & Equipment	14.3	15.8	1.1	0.98	0.86	1.01
Long-Term Investments	-	-	-	-	13.4	16.4
Goodwill	1.25	1.25	1.25	1.25	1.25	1.25
Long-Term Deferred Charges	4.64	4.95	5.37	5.8	6.22	4.46
Other Long-Term Assets	1.09	0.85	-	-	-	-
Total Assets	23.97	30.66	12.91	9.9	29.35	37.72
Accounts Payable	2.19	1.27	0.84	0.59	0.91	1.42
Accrued Expenses	-	-	-	-	0	0
Current Portion of Long-Term Debt	8.36	2.09	-	-	-	-
Current Portion of Leases	1.84	0.89	0.26	0.03	0.01	0.03
Current Unearned Revenue	-	0.05	0.25	-	0.12	-
Total Current Liabilities	12.39	4.29	1.35	0.63	1.04	1.45
Long-Term Debt	0.68	5.79	6.4	5.11	-	-
Long-Term Leases	13.39	13.63	-	0.02	0.06	0.01
Total Liabilities	26.46	23.71	7.76	5.76	1.1	1.45
Common Stock	131.61	131.58	122.07	114.57	114.57	114.11
Additional Paid-In Capital	20.46	19.22	17.28	16.76	15.86	14.06
Retained Earnings	-160.96	-150.31	-142.05	-134.6	-109.24	-98.98
Comprehensive Income & Other	6.4	6.46	7.85	7.41	7.05	7.09
Shareholders' Equity	-2.49	6.94	5.15	4.14	28.25	36.27
Total Liabilities & Equity	23.97	30.66	12.91	9.9	29.35	37.72
Total Debt	24.27	22.4	6.67	5.17	0.07	0.03
Net Cash (Debt)	-22.98	-15.12	-2.47	-3.71	6.93	13.94
Net Cash Growth	-	-	-	-	-50.30%	67.95%
Net Cash Per Share	-1.91	-1.93	-0.41	-0.68	1.28	2.71
Filing Date Shares Outstanding	12.69	12.69	7.1	6.08	5.44	5.42
Total Common Shares Outstanding	12.69	12.69	7.1	5.44	5.44	5.42
Working Capital	-9.69	3.51	3.83	1.24	6.57	13.15
Book Value Per Share	-0.20	0.55	0.73	0.76	5.20	6.69
Tangible Book Value	-3.74	5.69	3.9	2.88	26.99	35.02
Tangible Book Value Per Share	-0.29	0.45	0.55	0.53	4.97	6.46
Machinery	5.86	5.71	5.28	5.17	4.82	4.77
Leasehold Improvements	0.98	0.1	0.1	0.1	0.09	0.09

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