kneat.com Balance Sheet

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

Millions CAD. 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	48.74	58.89	15.25	12.28	21.56
Cash & Short-Term Investments	48.74	58.89	15.25	12.28	21.56
Cash Growth	-17.23%	286.10%	24.18%	-43.04%	149.02%
Accounts Receivable	7.73	12.55	6.95	4.98	3.76
Other Receivables	7.38	5.83	4.65	3.93	2.32
Receivables	15.11	18.38	11.6	8.91	6.08
Prepaid Expenses	1.79	1.87	1.14	0.93	0.5
Other Current Assets	-	-	-	-	0
Total Current Assets	65.64	79.14	27.99	22.13	28.14
Property, Plant & Equipment	7.67	6.78	7.21	7.81	8.48
Other Intangible Assets	45.73	36.29	29.01	19.36	13.44
Other Long-Term Assets	2.72	2.37	1.65	1.1	1.22
Total Assets	121.76	124.58	65.86	50.41	51.28
Accounts Payable	0.54	0.92	1.4	1	0.62
Accrued Expenses	6.87	6.15	5.19	3.76	2.15
Current Portion of Long-Term Debt	7.48	4.12	-	-	0.11
Current Portion of Leases	0.39	0.43	0.54	0.59	0.88
Current Income Taxes Payable	0.02	0.15	0.03	0.02	-
Current Unearned Revenue	18.9	21.63	13.65	10.62	5.81
Other Current Liabilities	1.92	1.36	1.25	1	0.61
Total Current Liabilities	36.12	34.76	22.06	16.97	10.19
Long-Term Debt	14.06	19.04	21.66	-	-
Long-Term Leases	6.55	5.67	5.98	6.5	6.86
Long-Term Unearned Revenue	-	0.03	0.04	0.95	0.04
Total Liabilities	56.74	59.51	49.73	24.43	17.09
Common Stock	144.06	137.77	79.79	78.43	77.07
Additional Paid-In Capital	7.3	7.15	7.47	3.45	2.85
Retained Earnings	-81.38	-79.03	-71.3	-56.33	-47.18
Comprehensive Income & Other	-4.96	-0.83	0.17	0.43	1.45
Shareholders' Equity	65.02	65.07	16.13	25.98	34.19
Total Liabilities & Equity	121.76	124.58	65.86	50.41	51.28
Total Debt	28.49	29.26	28.17	7.09	7.86
Net Cash (Debt)	20.26	29.63	-12.92	5.19	13.7
Net Cash Growth	-31.63%	-	-	-62.12%	-
Net Cash Per Share	0.21	0.34	-0.17	0.07	0.18
Filing Date Shares Outstanding	95.79	93.96	84.46	77.69	76.98
Total Common Shares Outstanding	95.71	93.92	78.3	77.66	76.98
Working Capital	29.52	44.37	5.94	5.16	17.95
Book Value Per Share	0.68	0.69	0.21	0.33	0.44
Tangible Book Value	19.29	28.78	-12.88	6.62	20.74
Tangible Book Value Per Share	0.20	0.31	-0.16	0.09	0.27
Machinery	2.06	1.67	1.49	1.57	1.29
Leasehold Improvements	0.25	0.23	0.22	0.45	0.69

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