Thinkific Labs Inc. (TSX:THNC)

Thinkific Labs Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	7.84	49.49	86.61	93.85	126.05
Cash & Short-Term Investments	7.84	49.49	86.61	93.85	126.05
Cash Growth	-84.17%	-42.86%	-7.71%	-25.55%	1290.41%
Accounts Receivable	5.21	4.59	4.26	2.71	1.39
Other Current Assets	3.74	3.93	4.27	2.12	2.93
Total Current Assets	59.64	58.01	95.15	98.68	130.38
Net Property, Plant & Equipment	1.93	2.32	1.67	3.51	1.52
Other Intangible Assets	0.18	0.14	0.11	0.12	0.1
Other Long-Term Assets	1.03	0.91	0.88	0.66	0.41
Total Assets	62.78	61.37	97.8	102.97	132.4
Accounts Payable	7.36	7.6	5.29	4.93	3.29
Current Portion of Leases	0.34	0.37	0.56	0.44	0.52
Unearned Revenue	10.7	9.87	9.53	8.24	6.63
Other Current Liabilities	-	0.54	-	-	-
Total Current Liabilities	18.4	18.37	15.38	13.61	10.43
Long-Term Leases	1.13	1.4	0.48	1.51	0.36
Total Long-Term Liabilities	1.13	1.4	0.48	1.51	0.36
Total Liabilities	19.52	19.77	15.86	15.12	10.79
Common Stock	109.35	109.46	147.74	146.18	145.58
Additional Paid-in Capital	7.83	7.95	8.67	6.93	4.87
Accumulated Other Comprehensive Income	-73.92	-75.81	-74.47	-65.26	-28.83
Retained Earnings	-73.92	-75.81	-74.47	-65.26	-28.83
Shareholders' Equity	43.26	41.59	81.94	87.85	121.61
Total Liabilities & Equity	62.78	61.37	97.8	102.97	132.4
Total Debt	1.47	1.77	1.03	1.96	0.88
Net Cash (Debt)	6.37	47.72	85.58	91.89	125.18
Net Cash Growth	-86.65%	-44.23%	-6.87%	-26.59%	1524.67%
Net Cash Per Share	-	0.64	1.06	1.17	1.92
Book Value	43.26	41.59	81.94	87.85	121.61
Book Value Per Share	-	0.56	1.01	1.12	1.87
Tangible Book Value	43.08	41.46	81.83	87.73	121.51
Tangible Book Value Per Share	-	0.56	1.01	1.11	1.87

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.