Ionik Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Sep '21 Sep 30, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	15.33	7.4	7.8	2.04	18.1	1.13
Cash & Short-Term Investments	15.33	7.4	7.8	2.04	18.1	1.13
Cash Growth	71.57%	-5.12%	281.73%	-88.72%	1507.02%	-
Accounts Receivable	38.72	29.01	15.42	7.43	1.14	1.43
Other Receivables	-	-	-	-	0.55	0.65
Receivables	38.72	29.01	15.42	7.43	1.68	2.08
Prepaid Expenses	1.04	1.16	0.74	0.16	0.3	0.33
Other Current Assets	1.35	9.15	0.36	-	-	-
Total Current Assets	56.43	46.72	24.31	9.64	20.08	3.53
Property, Plant & Equipment	0.88	0.82	0.7	0.31	0.32	0.54
Goodwill	51.17	25.59	44.55	27.58	0.01	0.01
Other Intangible Assets	91.38	62.6	52.28	28.35	5.12	7.66
Long-Term Accounts Receivable	-	-	-	-	0.1	0.15
Long-Term Deferred Tax Assets	3.92	1.94	1.53	-	0.07	-
Long-Term Deferred Charges	-	-	-	-	-	0.37
Other Long-Term Assets	1.29	1.79	1.12	0.02	0.24	0.36
Total Assets	205.08	139.46	124.49	65.89	25.93	12.62
Accounts Payable	43.58	25.01	7.61	3.3	0.87	2.07
Accrued Expenses	3.79	14.13	10.14	1.86	-	-
Short-Term Debt	-	-	-	1.3	-	-
Current Portion of Long-Term Debt	27.58	11.14	7.85	21.37	1.2	7.87
Current Portion of Leases	0.53	0.58	0.39	0.12	0.21	0.33
Current Income Taxes Payable	3.69	-	-	0.32	0.04	0.07
Current Unearned Revenue	0.39	2.87	2.06	0.05	0.91	1.23
Other Current Liabilities	1.95	1.6	1.07	1.8	4.65	2.25
Total Current Liabilities	81.51	55.33	29.11	30.12	7.88	13.83
Long-Term Debt	95.71	81.94	39.56	4.27	4.83	0.66
Long-Term Leases	0.8	0.72	0.15	0.17	0.11	0.32
Long-Term Unearned Revenue	-	0.21	0.16	-	-	-
Long-Term Deferred Tax Liabilities	2.2	0.35	2.44	2.81	-	-
Other Long-Term Liabilities	28.41	-	0.84	-	-	-
Total Liabilities	208.64	138.55	72.59	37.37	13.41	15.35
Common Stock	84.48	83.83	73.72	28.55	24.58	3.14
Additional Paid-In Capital	4.3	3.8	2.12	-	-	-
Retained Earnings	-94.29	-87.05	-23.98	-0.12	-13.22	-6.92
Comprehensive Income & Other	1.96	0.32	0.05	0.09	1.17	1.05
Shareholders' Equity	-3.56	0.91	51.9	28.52	12.52	-2.73
Total Liabilities & Equity	205.08	139.46	124.49	65.89	25.93	12.62
Total Debt	124.62	94.37	47.95	27.23	6.35	9.19
Net Cash (Debt)	-109.3	-86.98	-40.15	-25.18	11.74	-8.06
Net Cash Per Share	-0.38	-0.31	-0.19	-0.19	0.25	-0.20
Filing Date Shares Outstanding	317.48	286.36	282.12	2.88	47.82	40.56
Total Common Shares Outstanding	293.99	284.73	275.27	2.88	47.82	40.56
Working Capital	-25.08	-8.62	-4.8	-20.48	12.2	-10.3
Book Value Per Share	-0.01	0.00	0.19	9.89	0.26	-0.07
Tangible Book Value	-146.11	-87.28	-44.93	-27.41	7.39	-10.4
Tangible Book Value Per Share	-0.50	-0.31	-0.16	-9.51	0.15	-0.26
Machinery	-	0.87	0.34	0.05	0.31	0.19
Leasehold Improvements	-	-	-	-	0.02	0.02

Source: S&P Capital IQ. Standard template. Financial Sources.