TSXV:IBAT Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY	FY
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Cash & Equivalents	9.13	10.74	0.76	0.22	0.26	0.17
Cash & Short-Term Investments	9.13	10.74	0.76	0.22	0.26	0.17
Cash Growth	141.04%	1315.12%	240.96%	-15.83%	59.51%	-44.21%
Accounts Receivable	0.47	0.46	0.09	0.03	0.01	0
Inventory	1.06	1.06	-	-	-	-
Other Current Assets	0.3	0.27	0.25	0.35	0	0.08
Total Current Assets	10.97	12.53	1.1	0.46	0.28	0.25
Net Property, Plant & Equipment	27.51	28.68	21.34	19.24	18.98	3.25
Other Intangible Assets	2.46	3.27	3.21	4	6.56	3.95
Total Assets	40.94	44.48	25.65	23.85	25.82	7.46
Accounts Payable	0.8	1.29	1.46	1.3	15.48	0.46
Accrued Expenses	0.5	0.53	0.44	0.22	-	-
Current Portion of Leases	0.1	0.09	0.05	0.07	-	-
Other Current Liabilities	-	0.68	-	-	-	3.31
Total Current Liabilities	1.4	2.59	1.95	1.59	15.48	3.77
Long-Term Leases	0.07	0.14	-	0.05	-	-
Other Long-Term Liabilities	6.08	15.15	3.23	0.38	-	-
Total Long-Term Liabilities	6.15	15.29	3.23	0.43	-	-
Total Liabilities	7.55	17.89	5.18	2.02	15.48	3.77
Common Stock	67.53	66.16	47.13	42.19	21.2	18.4
Additional Paid-in Capital	-	-	-	-	8.62	4.77
Accumulated Other Comprehensive Income	-	-	-	-	0.03	0.03
Retained Earnings	-34.15	-39.57	-26.66	-20.36	-19.51	-19.52
Total Common Shareholders' Equity	33.38	26.59	20.47	21.83	10.34	3.68
Shareholders' Equity	33.38	26.59	20.47	21.83	10.34	3.68
Total Liabilities & Equity	40.94	44.48	25.65	23.85	25.82	7.46
Total Debt	0.23	0.33	0.07	0.16	0	0
Net Cash (Debt)	12.3	15.12	0.96	0.14	0.34	0.21
Net Cash Growth	-18.63%	1476.43%	589.93%	-58.65%	58.41%	-45.26%
Net Cash Per Share	-	0.06	0.01	0.00	0.00	0.00
Book Value	45.82	38.27	27.68	29.53	13.15	4.72
Book Value Per Share	-	0.16	0.14	0.21	0.10	0.06
Tangible Book Value	42.45	33.57	23.34	24.11	4.81	-0.34
Tangible Book Value Per Share	-	0.14	0.11	0.17	0.04	-0.00

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