Ionik Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	5.77	11.26	14.57	7.4	7.8	11.03
Cash & Short-Term Investments	5.77	11.26	14.57	7.4	7.8	11.03
Cash Growth	-54.42%	-22.71%	96.93%	-5.12%	-29.32%	-39.06%
Accounts Receivable	21.48	24	38.83	29.01	15.42	1.35
Other Current Assets	1.46	1.76	2.55	11.62	1.09	0.8
Total Current Assets	28.72	37.02	55.94	48.02	24.31	13.18
Net Property, Plant & Equipment	0.32	0.37	0.74	0.82	0.7	0.74
Other Intangible Assets	-	-	-	-	-	9.41
Goodwill	89.39	94.01	142.93	86.91	96.83	2.61
Other Long-Term Assets	0.54	0.69	6.63	3.77	2.65	0.99
Total Assets	118.97	132.09	206.24	139.51	124.49	26.93
Accounts Payable	28.47	35.69	55.95	35.29	17.04	1.35
Short-Term Debt	73.72	75.78	21.35	11.14	7.85	1.17
Current Portion of Long-Term Debt	34.22	33.2	-	-	-	-
Current Portion of Leases	0.5	0.48	0.22	0.58	0.39	0.54
Unearned Revenue	0.7	0.26	0.39	2.87	2.06	2.56
Other Current Liabilities	9.41	8.38	1.81	5.51	1.77	1.12
Total Current Liabilities	147.02	153.79	79.72	55.39	29.11	6.74
Long-Term Debt	4.18	7.05	109.8	81.94	39.56	3.73
Long-Term Leases	0.25	0.38	1.01	0.72	0.15	0.16
Other Long-Term Liabilities	23.04	25.51	35.9	0.56	3.77	1.85
Total Long-Term Liabilities	27.47	32.94	146.71	83.22	43.48	5.74
Total Liabilities	174.49	186.73	226.43	138.6	72.59	12.48
Common Stock	88.78	88.65	86.15	83.83	73.72	24.71
Additional Paid-in Capital	4.32	4.27	6.15	4.12	2.12	1.4
Accumulated Other Comprehensive Income	0.27	0.22	0	0.01	0.05	-0.02
Retained Earnings	-148.89	-147.78	-112.49	-87.05	-23.98	-11.63
Shareholders' Equity	-55.52	-54.64	-20.19	0.91	51.9	14.46
Total Liabilities & Equity	118.97	132.09	206.24	139.51	124.49	26.93
Total Debt	112.87	116.89	132.38	94.37	47.95	5.6
Net Cash (Debt)	-107.1	-105.63	-117.81	-86.98	-40.15	5.43
Net Cash Growth	-	-	-	-	-	-53.76%
Net Cash Per Share	-0.30	-0.30	-0.41	-0.31	-0.20	0.07
Book Value	-55.52	-54.64	-20.19	0.91	51.9	14.46
Book Value Per Share	-0.16	-0.15	-0.07	0.00	0.25	0.19
Tangible Book Value	-144.92	-148.66	-163.12	-86	-44.93	2.44
Tangible Book Value Per Share	-0.41	-0.42	-0.56	-0.31	-0.22	0.03