Bitcoin Well Balance Sheet

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

Millions CAD. 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	3.14	2.88	1.67	3.95	4.8
Cash & Short-Term Investments	3.14	2.88	1.67	3.95	4.8
Cash Growth	9.16%	72.31%	-57.71%	-17.78%	18.38%
Accounts Receivable	0.15	0.58	0.57	0.1	0.36
Other Receivables	-	-	-	0.27	0.12
Total Trade Receivables	0.15	0.58	0.57	0.37	0.48
Inventory	1.26	1.38	0.59	0.71	0.38
Other Current Assets	25.08	22.6	10.83	6.05	9.15
Total Current Assets	29.63	27.43	13.66	11.08	14.81
Net Property, Plant & Equipment	0.13	0.42	0.79	1.42	2.36
Other Intangible Assets	0.04	0.07	0.34	1.06	4.63
Goodwill	0.11	0.11	0.11	0.11	0.41
Long-Term Investments	-	-	0.01	0.35	0.93
Other Long-Term Assets	-	-	-	-	0.41
Total Assets	29.91	28.02	14.91	14.02	23.56
Accounts Payable	1.27	0.56	0.75	0.68	1.24
Short-Term Debt	18.56	9.64	6.01	13.72	15.65
Current Portion of Long-Term Debt	1.49	0.24	-	-	-
Current Portion of Leases	0.03	0.03	0.06	0.04	0.13
Unearned Revenue	0.1	0.73	-	-	-
Other Current Liabilities	0.15	0.17	0.19	0.1	0.2
Total Current Liabilities	21.6	11.38	7.01	14.54	17.22
Long-Term Debt	-	-	17.04	5.1	0.1
Long-Term Leases	-	-	0.01	-	0.03
Other Long-Term Liabilities	-	-	-	0.22	0.22
Total Long-Term Liabilities	-	-	17.05	5.32	0.35
Total Liabilities	21.6	11.38	24.06	19.86	17.57
Common Stock	-	-	13.25	12.1	11.94
Additional Paid-in Capital	-	-	3.95	3.12	3.44
Accumulated Other Comprehensive Income	-	-	8.37	1.65	7.32
Retained Earnings	-	-	-34.72	-22.69	-16.7
Shareholders' Equity	-	-	-9.15	-5.83	5.99
Total Liabilities & Equity	21.6	11.38	14.91	14.02	23.56
Total Debt	20.08	9.92	23.12	18.86	15.91
Net Cash (Debt)	-16.94	-7.04	-21.45	-14.91	-11.11
Net Cash Per Share	-0.07	-0.03	-0.12	-0.09	-0.08
Book Value	0	0	-9.15	-5.83	5.99
Book Value Per Share	-	-	-0.05	-0.03	0.04
Tangible Book Value	-0.15	-0.17	-9.6	-7	0.95
Tangible Book Value Per Share	-0.00	-0.00	-0.05	-0.04	0.01

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