Cipher Pharmaceuticals Inc. (TSX:CPH)

The Shyft Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	11.34	17.84	39.83	28.84	20.55	9.14
Cash & Short-Term Investments	11.34	17.84	39.83	28.84	20.55	9.14
Cash Growth	-76.37%	-55.21%	38.11%	40.34%	124.76%	44.06%
Accounts Receivable	11.87	13.86	5.09	6.8	6.66	9.22
Receivables	11.87	13.86	5.09	6.8	6.66	9.22
Inventory	5.58	5.79	2.98	2.15	1.65	0.89
Prepaid Expenses	1.77	1	0.38	0.37	0.47	0.88
Total Current Assets	30.55	38.48	48.27	38.16	29.33	20.13
Property, Plant & Equipment	0.52	0.68	0.4	0.48	0.5	1.91
Goodwill	17.45	17.45	15.71	15.71	15.71	15.71
Other Intangible Assets	75.29	78.75	1.76	2.75	3.65	4.18
Long-Term Deferred Tax Assets	28.28	26.76	19.89	16.67	2.47	2.36
Long-Term Deferred Charges	0.31	0.39	-	-	-	-
Total Assets	152.39	162.51	86.03	73.78	51.65	44.28
Accounts Payable	4.85	5.87	4.6	4.11	5.56	4.29
Accrued Expenses	0.08	-	-	-	-	2.53
Current Portion of Leases	0.26	0.28	0.09	0.1	0.06	0.14
Current Income Taxes Payable	0.01	0.05	-	4.9	6.23	2.65
Current Unearned Revenue	12.56	13.31	0.56	0.26	0.45	0.31
Other Current Liabilities	-	0.36	-	-	-	0.01
Total Current Liabilities	17.76	19.87	5.25	9.37	12.29	9.92
Long-Term Debt	25	40	-	-	-	-
Long-Term Leases	0.19	0.3	0.26	0.33	0.46	1.71
Other Long-Term Liabilities	-	-	-	-	-	0.01
Total Liabilities	42.96	60.17	5.51	9.7	12.75	11.63
Common Stock	27.56	27.68	18.01	17.72	18.12	18.7
Additional Paid-In Capital	7.15	6.53	5.76	5.36	5.09	5.06
Retained Earnings	84.25	77.65	66.27	50.52	25.2	18.4
Comprehensive Income & Other	-9.51	-9.51	-9.51	-9.51	-9.51	-9.51
Shareholders' Equity	109.44	102.34	80.52	64.08	38.9	32.64
Total Liabilities & Equity	152.39	162.51	86.03	73.78	51.65	44.28
Total Debt	25.46	40.58	0.35	0.43	0.52	1.85
Net Cash (Debt)	-14.12	-22.74	39.47	28.41	20.03	7.29
Net Cash Growth	-	-	38.95%	41.81%	174.67%	-
Net Cash Per Share	-0.54	-0.90	1.55	1.10	0.75	0.27
Filing Date Shares Outstanding	25.39	25.61	23.99	25.08	25.68	26.85
Total Common Shares Outstanding	25.39	25.6	23.99	25.06	25.94	26.97
Working Capital	12.79	18.61	43.02	28.79	17.03	10.21
Book Value Per Share	4.31	4.00	3.36	2.56	1.50	1.21
Tangible Book Value	16.7	6.14	63.05	45.62	19.54	12.76
Tangible Book Value Per Share	0.66	0.24	2.63	1.82	0.75	0.47
Machinery	-	0.2	0.13	0.13	0.13	0.27
Leasehold Improvements	-	0.1	0.09	0.07	-	0.75

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