Thinkific Labs Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	7.72	7.84	49.49	86.61	93.85	126.05
Short-Term Investments	43.25	42.86	-	-	-	-
Cash & Short-Term Investments	50.97	50.69	49.49	86.61	93.85	126.05
Cash Growth	-2.86%	2.43%	-42.86%	-7.71%	-25.55%	1290.41%
Accounts Receivable	3.66	5.21	4.59	4.26	2.71	1.39
Other Current Assets	4.22	3.74	3.93	4.27	2.12	2.93
Total Current Assets	58.85	59.64	58.01	95.15	98.68	130.38
Net Property, Plant & Equipment	1.68	1.93	2.32	1.67	3.51	1.52
Other Intangible Assets	0.17	0.18	0.14	0.11	0.12	0.1
Other Long-Term Assets	1.28	1.03	0.91	0.88	0.66	0.41
Total Assets	61.97	62.78	61.37	97.8	102.97	132.4
Accounts Payable	6.8	7.36	7.6	5.29	4.93	3.29
Current Portion of Leases	0.34	0.34	0.37	0.56	0.44	0.52
Unearned Revenue	11.98	10.7	9.87	9.53	8.24	6.63
Other Current Liabilities	0.45	-	0.54	-	-	-
Total Current Liabilities	19.56	18.4	18.37	15.38	13.61	10.43
Long-Term Leases	0.94	1.13	1.4	0.48	1.51	0.36
Total Long-Term Liabilities	0.94	1.13	1.4	0.48	1.51	0.36
Total Liabilities	20.5	19.52	19.77	15.86	15.12	10.79
Common Stock	108.85	109.35	109.46	147.74	146.18	145.58
Additional Paid-in Capital	8.51	7.83	7.95	8.67	6.93	4.87
Accumulated Other Comprehensive Income	-75.88	-73.92	-75.81	-74.47	-65.26	-28.83
Retained Earnings	-75.88	-73.92	-75.81	-74.47	-65.26	-28.83
Shareholders' Equity	41.47	43.26	41.59	81.94	87.85	121.61
Total Liabilities & Equity	61.97	62.78	61.37	97.8	102.97	132.4
Total Debt	1.27	1.47	1.77	1.03	1.96	0.88
Net Cash (Debt)	49.7	49.23	47.72	85.58	91.89	125.18
Net Cash Growth	-2.18%	3.15%	-44.23%	-6.87%	-26.59%	1524.67%
Net Cash Per Share	0.73	0.71	0.64	1.06	1.17	1.92
Book Value	41.47	43.26	41.59	81.94	87.85	121.61
Book Value Per Share	0.61	0.63	0.56	1.01	1.12	1.87
Tangible Book Value	41.31	43.08	41.46	81.83	87.73	121.51
Tangible Book Value Per Share	0.61	0.63	0.56	1.01	1.11	1.87