Charbone Hydrogen 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	1.02	0.45	0.06	-	-
Cash & Short-Term Investments	1.02	0.45	0.06	-	-
Cash Growth	124.48%	721.33%	-	-	-
Accounts Receivable	0.42	0	0.01	0.01	-
Other Receivables	0.85	0.11	0.15	0.25	0.21
Receivables	1.27	0.12	0.16	0.26	0.21
Prepaid Expenses	0.1	0.06	0.08	0.06	0.01
Other Current Assets	-	-	-	0.28	-
Total Current Assets	2.39	0.62	0.3	0.61	0.22
Property, Plant & Equipment	9.98	5.8	3.52	3.28	1.98
Other Intangible Assets	0.14	0.17	0.2	0.25	0.11
Other Long-Term Assets	0.22	0.25	0.22	0.27	0.49
Total Assets	12.72	6.85	4.25	4.42	2.81
Accounts Payable	5.5	3.46	3	2.25	1.64
Accrued Expenses	-	0.11	0.2	0.12	0.25
Short-Term Debt	-	0.1	0.04	0.06	0.05
Current Portion of Long-Term Debt	2.04	1.59	1.13	-	-
Current Portion of Leases	0.19	0.15	0.13	0.03	0.08
Current Income Taxes Payable	-	-	0.01	-	-
Other Current Liabilities	-	0.03	0.03	0	0.02
Total Current Liabilities	7.74	5.44	4.53	2.46	2.04
Long-Term Debt	1.6	1.54	0.29	1.06	3.97
Long-Term Leases	0.98	1.09	1.06	0.96	1.23
Other Long-Term Liabilities	0.61	0.13	-	-	-
Total Liabilities	10.92	8.21	5.87	4.48	7.23
Common Stock	20.62	14.27	11.47	10.16	0.22
Additional Paid-In Capital	1.17	0.55	0.39	0.37	-
Retained Earnings	-20.73	-18.06	-15.22	-12.03	-4.64
Comprehensive Income & Other	0.75	1.87	1.74	1.44	-0
Shareholders' Equity	1.8	-1.36	-1.62	-0.07	-4.42
Total Liabilities & Equity	12.72	6.85	4.25	4.42	2.81
Total Debt	4.81	4.48	2.64	2.12	5.33
Net Cash (Debt)	-3.8	-4.03	-2.59	-2.12	-5.33
Net Cash Per Share	-0.03	-0.04	-0.04	-0.05	-0.22
Filing Date Shares Outstanding	130.4	146.04	98.23	57.36	46.52
Total Common Shares Outstanding	130.4	135.84	77.54	52.73	46.52
Working Capital	-5.35	-4.82	-4.23	-1.85	-1.82
Book Value Per Share	0.01	-0.01	-0.02	-0.00	-0.10
Tangible Book Value	1.66	-1.54	-1.83	-0.32	-4.53
Tangible Book Value Per Share	0.01	-0.01	-0.02	-0.01	-0.10
Land	-	0.09	0.09	0.09	0.02
Buildings	-	0.06	0.06	0.06	-
Machinery	-	0.87	0.77	0.84	0.31
Construction In Progress	-	3.77	1.41	1.02	0.35
Leasehold Improvements	-	0.25	0.25	0.25	0.02

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