Titan Mining 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	17.48	10.16	5.03	6.72	6.04
Cash & Short-Term Investments	17.48	10.16	5.03	6.72	6.04
Cash Growth	72.04%	102.01%	-25.13%	11.24%	-19.48%
Accounts Receivable	4.42	3.99	1.5	2.14	3.23
Other Receivables	0.03	0.04	0.01	0.04	0.02
Receivables	4.45	4.02	1.51	2.17	3.24
Inventory	10.01	8.24	7.21	6.95	3.89
Prepaid Expenses	1.22	0.9	0.81	-	-
Other Current Assets	1.73	0.71	0.66	1.75	4.32
Total Current Assets	34.9	24.03	15.22	17.59	17.49
Property, Plant & Equipment	39.21	30.43	36.87	46.39	58.08
Other Long-Term Assets	0.87	0.69	0.67	2.02	2.05
Total Assets	74.97	55.15	52.76	66	77.63
Accounts Payable	6.2	3.63	2.46	4.2	3.5
Accrued Expenses	1.04	0.86	0.42	0.41	0.56
Short-Term Debt	17.06	22.02	4.12	1.03	1.03
Current Portion of Long-Term Debt	6.33	10.06	31.66	0.18	0.1
Current Portion of Leases	0.11	0.04	0.08	0.1	0.42
Other Current Liabilities	20.72	-	-	4.4	1.1
Total Current Liabilities	51.45	36.61	38.73	10.3	6.69
Long-Term Debt	2.78	-	-	29.86	34.62
Long-Term Leases	0.11	0.09	-	0.1	0.2
Other Long-Term Liabilities	16.84	15.45	16.3	15.23	19.09
Total Liabilities	71.18	52.15	55.03	55.49	60.6
Common Stock	60.55	59.81	59.81	61.08	61.08
Retained Earnings	-61.86	-61.78	-68.33	-57.07	-51.9
Comprehensive Income & Other	5.09	4.97	6.25	6.5	7.84
Shareholders' Equity	3.78	3	-2.27	10.51	17.02
Total Liabilities & Equity	74.97	55.15	52.76	66	77.63
Total Debt	26.39	32.21	35.86	31.25	36.36
Net Cash (Debt)	-8.91	-22.05	-30.82	-24.53	-30.32
Net Cash Per Share	-0.10	-0.24	-0.34	-0.26	-0.33
Filing Date Shares Outstanding	98.29	90.91	90.91	92.65	92.65
Total Common Shares Outstanding	91.62	90.91	90.91	92.65	92.65
Working Capital	-16.55	-12.58	-23.51	7.29	10.8
Book Value Per Share	0.04	0.03	-0.02	0.11	0.18
Tangible Book Value	3.78	3	-2.27	10.51	17.02
Tangible Book Value Per Share	0.04	0.03	-0.02	0.11	0.18
Land	1.14	1.14	1.14	1.14	1.14
Machinery	46.55	41.38	39.61	36.16	37.47
Construction In Progress	9.37	0.96	3.84	3.83	1.85

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