AirIQ Balance Sheet

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	2.55	3.09	3.13	2.18	1.9	1.83
Cash & Short-Term Investments	2.55	3.09	3.13	2.18	1.9	1.83
Cash Growth	-16.49%	-1.18%	43.61%	14.53%	3.88%	-17.28%
Accounts Receivable	0.3	0.31	0.25	0.53	0.4	0.44
Other Receivables	0.08	0.03	0.01	0.04	0.04	0.06
Receivables	0.39	0.34	0.25	0.57	0.43	0.5
Inventory	0.35	0.38	0.48	0.64	0.52	0.36
Prepaid Expenses	0.12	0.15	0.15	0.13	0.08	0.08
Total Current Assets	3.4	3.96	4.01	3.52	2.93	2.76
Property, Plant & Equipment	1.5	0.92	0.94	0.94	0.91	0.47
Other Intangible Assets	1.33	1.32	1.22	1.04	0.72	0.68
Long-Term Deferred Tax Assets	2.95	2.95	2.95	2.95	-	-
Total Assets	9.19	9.15	9.11	8.44	4.56	3.91
Accounts Payable	0.65	0.56	0.59	0.77	0.7	0.57
Current Portion of Leases	-	-	-	-	0.03	0.02
Current Unearned Revenue	0.41	0.46	0.55	0.59	0.52	0.43
Other Current Liabilities	-	-	-	-	0.04	0.04
Total Current Liabilities	1.07	1.02	1.14	1.35	1.28	1.06
Long-Term Debt	-	-	-	-	-	0.04
Long-Term Leases	-	-	-	-	0.03	0.05
Long-Term Unearned Revenue	0.03	0.03	0.07	0.12	0.08	0.03
Total Liabilities	1.1	1.04	1.21	1.48	1.39	1.19
Common Stock	91.06	91.24	91.34	91.37	91.36	91.46
Additional Paid-In Capital	7.54	7.52	7.43	7.32	7.24	7.25
Retained Earnings	-90.51	-90.66	-90.87	-91.73	-95.43	-95.99
Shareholders' Equity	8.09	8.1	7.9	6.96	3.17	2.72
Total Liabilities & Equity	9.19	9.15	9.11	8.44	4.56	3.91
Total Debt	-	-	-	-	0.05	0.12
Net Cash (Debt)	2.55	3.09	3.13	2.18	1.85	1.71
Net Cash Growth	-16.49%	-1.18%	43.61%	17.88%	7.83%	-19.02%
Net Cash Per Share	0.09	0.10	0.10	0.07	0.06	0.06
Filing Date Shares Outstanding	29.05	29.12	29.36	29.37	29.57	30.04
Total Common Shares Outstanding	29	29.46	29.52	29.37	29.73	30.09
Working Capital	2.34	2.94	2.86	2.16	1.65	1.7
Book Value Per Share	0.28	0.28	0.27	0.24	0.11	0.09
Tangible Book Value	6.76	6.79	6.68	5.92	2.45	2.04
Tangible Book Value Per Share	0.23	0.23	0.23	0.20	0.08	0.07
Machinery	2.38	0.06	0.05	0.04	0.06	0.06
Leasehold Improvements	-	-	-	-	0.02	0.02

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.