Tantalus Systems Holding 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	12.62	13.22	5.15	5.85	14.2
Cash & Short-Term Investments	12.62	13.22	5.15	5.85	14.2
Cash Growth	-4.55%	156.50%	-11.92%	-58.81%	205.61%
Accounts Receivable	9.87	10.01	7.87	9.04	5.34
Other Receivables	-	-	-	0	0.05
Receivables	9.87	10.01	7.87	9.04	5.4
Inventory	7.95	4.83	6.63	5.69	5.69
Prepaid Expenses	2	1.83	1.47	1.53	1.14
Restricted Cash	-	-	0.67	0.67	-
Total Current Assets	32.45	29.89	21.8	22.79	26.43
Property, Plant & Equipment	2.62	2.77	3.34	4.14	4.44
Goodwill	3.45	3.45	3.45	3.45	-
Other Intangible Assets	4.67	5.44	6.21	6.98	0.16
Total Assets	43.19	41.55	34.8	37.36	31.03
Accounts Payable	18.45	7.99	7.8	7.3	4.82
Accrued Expenses	-	6.69	5.25	3.2	2.8
Short-Term Debt	-	3.68	8.5	8.1	8.1
Current Portion of Long-Term Debt	1.6	1.53	-	1.1	-
Current Portion of Leases	0.75	0.84	0.86	0.86	0.73
Current Unearned Revenue	8.21	6.05	4.18	4.62	3.15
Other Current Liabilities	-	0.96	0.68	4.32	1.36
Total Current Liabilities	29	27.74	27.27	29.5	20.95
Long-Term Debt	5.17	5.37	2.89	1.16	-
Long-Term Leases	0.98	1.39	2.12	2.62	3.28
Long-Term Unearned Revenue	0.01	0.1	0.2	0.5	-
Other Long-Term Liabilities	0.53	-	-	-	-
Total Liabilities	35.69	34.61	32.48	33.78	24.24
Common Stock	7.5	94.58	88.14	88.14	86.93
Retained Earnings	-	-131.82	-129.2	-127.51	-122.31
Comprehensive Income & Other	-	44.18	43.37	42.95	42.17
Shareholders' Equity	7.5	6.94	2.32	3.58	6.79
Total Liabilities & Equity	43.19	41.55	34.8	37.36	31.03
Total Debt	8.49	12.82	14.37	13.84	12.11
Net Cash (Debt)	4.13	0.4	-9.21	-7.99	2.1
Net Cash Growth	936.91%	-	-	-	-
Net Cash Per Share	0.08	0.01	-0.21	-0.18	0.05
Filing Date Shares Outstanding	51.52	50.85	44.6	44.6	44.5
Total Common Shares Outstanding	51.52	50.85	44.6	44.6	43.63
Working Capital	3.44	2.15	-5.47	-6.7	5.47
Book Value Per Share	0.15	0.14	0.05	0.08	0.16
Tangible Book Value	-0.62	-1.95	-7.34	-6.85	6.63
Tangible Book Value Per Share	-0.01	-0.04	-0.16	-0.15	0.15
Machinery	-	9.67	9.51	9.24	9.07
Leasehold Improvements	-	1.88	1.64	1.64	1.62

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