TSX:XNDU 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	16.16	77.62	117.46
Cash & Short-Term Investments	16.16	77.62	117.46
Cash Growth	-79.17%	-33.92%	-
Accounts Receivable	1.6	0.81	0.67
Other Receivables	6.06	0.45	0.79
Receivables	7.66	1.26	1.45
Inventory	12.02	9.04	2.97
Prepaid Expenses	2.55	2.45	1.74
Other Current Assets	1.82	-	-
Total Current Assets	40.21	90.37	123.63
Property, Plant & Equipment	25.26	22.87	24.38
Other Intangible Assets	5.13	3.53	2.98
Total Assets	70.6	116.77	150.98
Accounts Payable	2.8	1.65	0.42
Accrued Expenses	2.19	2.17	1.36
Current Portion of Leases	1.07	1	1.01
Current Unearned Revenue	1.04	0.31	0.04
Other Current Liabilities	1.87	0.26	0.27
Total Current Liabilities	8.98	5.38	3.1
Long-Term Debt	30	16.01	6.81
Long-Term Leases	7.19	7.88	9.18
Total Liabilities	46.16	29.27	19.08
Common Stock	7.59	7.4	7.29
Additional Paid-In Capital	10.15	5.94	3.06
Retained Earnings	-206.3	-135.64	-89.67
Comprehensive Income & Other	0.01	-3.21	-1.78
Total Common Equity	-188.56	-125.51	-81.1
Shareholders' Equity	24.44	87.5	131.9
Total Liabilities & Equity	70.6	116.77	150.98
Total Debt	38.26	24.88	16.99
Net Cash (Debt)	-22.09	52.74	100.47
Net Cash Growth	-	-47.51%	-
Net Cash Per Share	-4.47	10.72	20.53
Filing Date Shares Outstanding	298.51	4.92	4.89
Total Common Shares Outstanding	4.96	4.92	4.89
Working Capital	31.24	84.98	120.53
Book Value Per Share	-38.02	-25.49	-16.58
Tangible Book Value	-193.69	-129.04	-84.08
Tangible Book Value Per Share	-39.05	-26.20	-17.18
Machinery	27.96	21.26	19.12
Leasehold Improvements	3.64	2.87	2.85

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