Steppe Gold 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	68.3	47.13	14.9	2.52	2.64
Short-Term Investments	103.78	97.05	-	0.37	1.43
Cash & Short-Term Investments	172.08	144.18	14.9	2.88	4.07
Cash Growth	19.35%	867.47%	417.46%	-29.26%	-79.77%
Accounts Receivable	2.11	4.04	-	-	-
Inventory	35.2	62.76	20.85	24.17	22.36
Other Current Assets	7.83	4.82	4.88	2.53	5.82
Total Current Assets	217.22	215.8	40.64	29.58	32.25
Net Property, Plant & Equipment	138.49	131.64	49.92	39.33	35.99
Long-Term Investments	0.23	0.32	156.74	-	-
Other Long-Term Assets	2.45	4.39	-	3.75	78.04
Total Assets	358.38	352.14	247.3	72.66	146.28
Accounts Payable	11.71	15.16	32.5	11.02	6.57
Short-Term Debt	78.63	26.5	82.6	4.53	10.57
Current Portion of Long-Term Debt	2.17	4.44	-	15.74	54.6
Current Portion of Leases	0.31	0.31	-	0.15	0.14
Other Current Liabilities	17.07	18.35	11.49	3.69	1.07
Total Current Liabilities	109.89	64.77	126.6	35.12	72.95
Long-Term Debt	88.28	160.03	2.82	16.52	62.62
Long-Term Leases	0.32	0.31	-	0.4	0.51
Other Long-Term Liabilities	17.07	16.97	14.7	3.4	3.19
Total Long-Term Liabilities	105.67	177.31	17.52	20.31	66.32
Total Liabilities	215.55	242.08	144.11	55.44	139.26
Common Stock	55.42	55.42	3	55.76	55.29
Additional Paid-in Capital	-	-	-	25.2	22.91
Accumulated Other Comprehensive Income	-1.51	-1.57	-	-16.06	-7.79
Retained Earnings	88.98	56.24	100.18	-47.19	-63.15
Total Common Shareholders' Equity	142.89	110.09	103.18	17.72	7.27
Minority Interest	-0.06	-0.03	-	-0.49	-0.25
Shareholders' Equity	142.83	110.07	103.18	17.22	7.02
Total Liabilities & Equity	358.38	352.14	247.3	72.66	146.28
Total Debt	169.71	191.59	85.42	37.34	128.43
Net Cash (Debt)	2.37	-47.41	-70.52	-34.46	-124.36
Net Cash Per Share	0.01	-0.25	-0.49	-0.40	-1.34
Book Value	142.89	110.09	103.18	17.72	7.27
Book Value Per Share	0.56	0.58	0.72	0.21	0.08
Tangible Book Value	142.89	110.09	103.18	17.72	7.27
Tangible Book Value Per Share	0.56	0.58	0.72	0.21	0.08

Updated Apr 1, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.