Xanadu Quantum Technologies Limited (TSX:XNDU)

TSX:XNDU Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023
Cash & Equivalents	36.11	77.62	117.46
Cash & Short-Term Investments	36.11	77.62	117.46
Cash Growth	-69.26%	-33.92%	-
Accounts Receivable	1.18	0.81	0.67
Other Receivables	0.47	0.45	0.79
Receivables	1.65	1.26	1.45
Inventory	15.67	9.04	2.97
Prepaid Expenses	3.78	2.45	1.74
Total Current Assets	57.21	90.37	123.63
Property, Plant & Equipment	25.36	22.87	24.38
Other Intangible Assets	4.78	3.53	2.98
Total Assets	87.35	116.77	150.98
Accounts Payable	2.76	1.65	0.42
Accrued Expenses	4.35	2.17	1.36
Current Portion of Leases	1.05	1	1.01
Current Unearned Revenue	1.51	0.31	0.04
Other Current Liabilities	1.06	0.26	0.27
Total Current Liabilities	10.71	5.38	3.1
Long-Term Debt	25.88	16.01	6.81
Long-Term Leases	7.35	7.88	9.18
Total Liabilities	43.94	29.27	19.08
Common Stock	7.52	7.4	7.29
Additional Paid-In Capital	8.67	5.94	3.06
Retained Earnings	-183.28	-135.64	-89.67
Comprehensive Income & Other	-2.51	-3.21	-1.78
Total Common Equity	-169.6	-125.51	-81.1
Shareholders' Equity	43.41	87.5	131.9
Total Liabilities & Equity	87.35	116.77	150.98
Total Debt	34.28	24.88	16.99
Net Cash (Debt)	1.83	52.74	100.47
Net Cash Growth	-98.18%	-47.51%	-
Net Cash Per Share	0.37	10.72	20.53
Filing Date Shares Outstanding	4.97	4.92	4.89
Total Common Shares Outstanding	4.95	4.92	4.89
Working Capital	46.49	84.98	120.53
Book Value Per Share	-34.24	-25.49	-16.58
Tangible Book Value	-174.38	-129.04	-84.08
Tangible Book Value Per Share	-35.20	-26.20	-17.18
Machinery	26.91	21.26	19.12
Leasehold Improvements	3.57	2.87	2.85

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