Gunnison Copper Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	20.61	8.25	6.11	5.6	20.85
Short-Term Investments	0.14	0.09	0.08	0.02	-
Cash & Short-Term Investments	20.75	8.34	6.19	5.63	20.85
Cash Growth	148.84%	34.76%	10.01%	-73.02%	53.27%
Accounts Receivable	1.3	0.12	0.13	0.09	0.34
Receivables	1.3	0.12	0.13	0.09	0.34
Inventory	19.92	2.11	1.34	1.74	1.82
Prepaid Expenses	1.29	0.38	0.78	0.48	1.02
Other Current Assets	12.65	4.75	-	-	-
Total Current Assets	55.92	15.69	8.43	7.93	24.03
Property, Plant & Equipment	245.78	111.91	104.9	107.46	123.92
Other Long-Term Assets	12.8	10.33	3.07	3.37	3.31
Total Assets	314.49	137.93	116.41	118.76	151.26
Accounts Payable	29.74	15.47	1.74	0.45	0.92
Accrued Expenses	-	-	-	0.96	0.92
Short-Term Debt	-	-	0.49	0.18	0.58
Current Portion of Long-Term Debt	10.46	3.69	1.44	15.41	-
Current Portion of Leases	-	-	-	0.1	0.09
Current Unearned Revenue	46.74	1.66	-	-	-
Other Current Liabilities	13.36	17.73	0.8	0.52	2.91
Total Current Liabilities	100.3	38.55	4.48	17.6	5.43
Long-Term Debt	-	16.07	18.51	-	15.35
Long-Term Leases	-	-	-	0.3	0.4
Long-Term Unearned Revenue	141.63	9.96	-	-	-
Other Long-Term Liabilities	134.11	95.26	124.14	109.16	173.52
Total Liabilities	376.04	159.83	147.13	127.06	194.7
Common Stock	128.48	112.83	112.83	108.05	108.05
Retained Earnings	-204.86	-148.43	-156.93	-127.97	-162.85
Comprehensive Income & Other	14.83	13.7	13.38	11.62	11.37
Shareholders' Equity	-61.55	-21.9	-30.72	-8.3	-43.44
Total Liabilities & Equity	314.49	137.93	116.41	118.76	151.26
Total Debt	10.46	19.76	20.44	15.99	16.42
Net Cash (Debt)	10.29	-11.42	-14.25	-10.36	4.43
Net Cash Per Share	0.03	-0.04	-0.05	-0.04	0.02
Filing Date Shares Outstanding	422.8	315.42	315.42	274.84	274.84
Total Common Shares Outstanding	402.85	315.42	315.42	274.84	274.84
Working Capital	-44.38	-22.86	3.95	-9.67	18.6
Book Value Per Share	-0.15	-0.07	-0.10	-0.03	-0.16
Tangible Book Value	-61.55	-21.9	-30.72	-8.3	-43.44
Tangible Book Value Per Share	-0.15	-0.07	-0.10	-0.03	-0.16
Land	7.26	9.98	14	14.31	30.44
Machinery	14.8	14.19	13.82	13.84	13.84
Construction In Progress	226.43	90.16	79.47	81.47	81.48

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.