TeraGo Balance Sheet

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

Millions CAD. 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	1.3	4.19	4.4	6.22	5.48	5.86
Short-Term Investments	-	0.23	0.24	1.16	-	-
Cash & Short-Term Investments	1.3	4.42	4.64	7.38	5.48	5.86
Cash Growth	-77.37%	-4.70%	-37.14%	34.61%	-6.44%	-32.56%
Accounts Receivable	1.64	1.81	1.89	1.61	1.34	2.48
Other Receivables	-	0.09	0.1	0.14	0.26	0.1
Receivables	1.64	1.91	1.99	1.75	1.59	2.58
Prepaid Expenses	0.9	0.7	0.99	1.14	0.35	0.8
Other Current Assets	0.14	0.16	0.25	0.67	40.14	0.32
Total Current Assets	3.98	7.18	7.87	10.94	47.57	9.57
Property, Plant & Equipment	34.05	34.49	33.55	32.82	33.99	56.65
Goodwill	0.86	0.86	0.86	0.86	0.86	19.42
Other Intangible Assets	10.99	11.02	10.86	10.28	10.29	17.1
Long-Term Accounts Receivable	-	-	-	0	0	0.04
Long-Term Deferred Charges	0.41	0.44	0.36	0.49	0.52	0.4
Total Assets	50.29	53.99	53.5	55.38	93.23	103.17
Accounts Payable	4.6	3.43	2.43	4.46	3.83	5.4
Accrued Expenses	-	0.72	0.55	-	-	-
Current Portion of Long-Term Debt	29.48	25.65	-	-	2.25	3
Current Portion of Leases	5.36	5.58	5.24	5.02	5.63	7.24
Current Unearned Revenue	0.23	0.2	0.19	0.13	0.19	0.19
Other Current Liabilities	-	0.01	0.02	-	12.27	-
Total Current Liabilities	39.66	35.59	8.43	9.61	24.17	15.83
Long-Term Debt	-	-	16.87	6.16	17.54	25.14
Long-Term Leases	14.54	13.1	9.83	9.32	10.49	20.78
Long-Term Unearned Revenue	0.15	0.15	0.11	0.17	0.27	0.19
Other Long-Term Liabilities	0.26	0.23	0.93	0.53	0.49	0.36
Total Liabilities	54.62	49.07	36.16	25.78	52.97	62.3
Common Stock	118.67	118.6	118.34	118.11	117.85	103.22
Additional Paid-In Capital	29.07	28.5	27.66	26.82	26.39	27.19
Retained Earnings	-152.91	-142.75	-129.48	-116.29	-104.72	-89.55
Comprehensive Income & Other	0.84	0.57	0.82	0.96	0.74	-
Shareholders' Equity	-4.33	4.92	17.33	29.6	40.26	40.87
Total Liabilities & Equity	50.29	53.99	53.5	55.38	93.23	103.17
Total Debt	49.38	44.33	31.94	20.5	35.92	56.16
Net Cash (Debt)	-48.08	-39.91	-27.3	-13.12	-30.43	-50.3
Net Cash Per Share	-2.40	-2.00	-1.38	-0.69	-1.62	-3.01
Filing Date Shares Outstanding	39	20	19.85	19.74	19.67	16.76
Total Common Shares Outstanding	20.07	20	19.85	19.74	19.67	16.76
Working Capital	-35.69	-28.41	-0.56	1.33	23.4	-6.27
Book Value Per Share	-0.22	0.25	0.87	1.50	2.05	2.44
Tangible Book Value	-16.18	-6.96	5.61	18.46	29.11	4.35
Tangible Book Value Per Share	-0.81	-0.35	0.28	0.94	1.48	0.26
Machinery	5.29	5.29	5.28	5.22	-	7.45
Leasehold Improvements	-	-	-	-	-	3.07
Order Backlog	-	111.91	65.36	178.95	110.48	186.11

Source: S&P Global Market Intelligence. Standard template. Financial Sources.