Meridian Mining Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	45.64	7.71	7.1	6.17	9.06	4.52
Cash & Short-Term Investments	45.64	7.71	7.1	6.17	9.06	4.52
Cash Growth	308.75%	8.67%	14.92%	-31.84%	100.61%	751.58%
Other Receivables	-	-	-	-	-	0.04
Receivables	-	-	-	-	-	0.04
Inventory	-	-	-	-	-	0.01
Prepaid Expenses	0.4	0.38	0.39	0.22	0.32	0.14
Total Current Assets	46.04	8.09	7.48	6.39	9.38	4.71
Property, Plant & Equipment	4.19	3.1	9.93	8.86	6.81	6.23
Other Intangible Assets	0.06	0.04	0.04	-	-	-
Total Assets	50.28	11.23	17.45	15.25	16.19	10.94
Accounts Payable	1.28	0.97	0.88	0.86	0.61	0.36
Accrued Expenses	0.55	0.29	0.32	0.25	0.21	0.1
Current Income Taxes Payable	-	0.01	0.06	0.19	0.07	0.08
Other Current Liabilities	1.11	0.77	1.15	2.21	1.27	0.81
Total Current Liabilities	2.94	2.04	2.4	3.51	2.17	1.35
Other Long-Term Liabilities	-	-	0.03	0.12	17.74	6.37
Total Liabilities	2.94	2.04	2.43	3.63	19.9	7.71
Common Stock	4.68	3.41	2.74	2.3	1.81	1.18
Additional Paid-In Capital	34.86	79.63	66.37	53.99	39.55	12.02
Retained Earnings	-62.83	-143.41	-125.18	-113.19	-113.99	-76.41
Comprehensive Income & Other	70.64	69.56	71.09	68.53	68.91	66.43
Total Common Equity	47.34	9.19	15.02	11.62	-3.72	3.22
Shareholders' Equity	47.34	9.19	15.02	11.62	-3.72	3.22
Total Liabilities & Equity	50.28	11.23	17.45	15.25	16.19	10.94
Net Cash (Debt)	45.64	7.71	7.1	6.17	9.06	4.52
Net Cash Growth	308.75%	8.67%	14.92%	-31.84%	100.61%	-
Net Cash Per Share	0.13	0.03	0.03	0.03	0.07	0.04
Filing Date Shares Outstanding	418.29	351	242.57	202.83	158.67	112.11
Total Common Shares Outstanding	418.06	304.84	242.57	202.83	157.11	103.79
Working Capital	43.1	6.05	5.08	2.88	7.21	3.36
Book Value Per Share	0.11	0.03	0.06	0.06	-0.02	0.03
Tangible Book Value	47.29	9.15	14.98	11.62	-3.72	3.22
Tangible Book Value Per Share	0.11	0.03	0.06	0.06	-0.02	0.03
Land	0.07	0.06	0.08	0.07	0.07	0.07
Machinery	1.31	1.05	1.28	1.11	1.01	0.45

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.