NEO Battery Materials Balance Sheet

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

Millions CAD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Cash & Equivalents	3.43	5.5	0.37	0.94	1.63	1.25
Short-Term Investments	-	-	-	-	0	0.01
Cash & Short-Term Investments	3.43	5.5	0.37	0.94	1.63	1.26
Cash Growth	5282.68%	1386.79%	-60.75%	-42.19%	29.76%	96.72%
Other Receivables	0.24	0.47	0.03	0.02	0.02	0.02
Receivables	0.87	0.95	0.03	0.02	0.02	0.02
Prepaid Expenses	0.16	0.09	0.19	0.15	0.1	0.16
Total Current Assets	4.49	6.54	0.6	1.12	1.75	1.44
Property, Plant & Equipment	5.93	6.26	0.77	1.02	0.72	0.19
Other Intangible Assets	0.06	0.06	0.06	0.06	0.06	0.05
Other Long-Term Assets	3.11	2.5	-	0.76	0.77	0.04
Total Assets	13.6	15.36	1.42	2.95	3.3	1.72
Accounts Payable	1.15	0.39	0.32	0.34	0.13	0.15
Accrued Expenses	1.03	1.05	0.1	0.17	0.05	0.02
Current Portion of Leases	0.54	0.57	0.03	0.05	0.01	0.01
Other Current Liabilities	1.43	1.59	0.06	-	-	-
Total Current Liabilities	4.15	3.59	0.51	0.56	0.19	0.18
Long-Term Leases	0.77	0.95	0.14	0.17	0.17	-
Total Liabilities	4.92	4.54	0.65	0.73	0.36	0.18
Common Stock	38.35	38.33	27.51	26.06	22.84	22.31
Retained Earnings	-52.67	-49.03	-36.83	-32.95	-28.41	-28.35
Comprehensive Income & Other	22.99	21.52	10.3	8.95	7.45	7.58
Total Common Equity	8.67	10.82	0.98	2.06	1.88	1.55
Minority Interest	-	-	-0.21	0.17	1.06	-
Shareholders' Equity	8.67	10.82	0.77	2.23	2.94	1.55
Total Liabilities & Equity	13.6	15.36	1.42	2.95	3.3	1.72
Total Debt	1.31	1.52	0.17	0.22	0.18	0.01
Net Cash (Debt)	2.12	3.98	0.2	0.73	1.45	1.24
Net Cash Growth	-	1874.31%	-72.24%	-49.97%	16.73%	-
Net Cash Per Share	0.02	0.03	0.00	0.01	0.01	0.01
Filing Date Shares Outstanding	154.39	154.39	119.7	115.66	101.17	97.88
Total Common Shares Outstanding	154.39	154.34	119.16	115.46	100.8	97.53
Working Capital	0.34	2.94	0.08	0.56	1.56	1.26
Book Value Per Share	0.06	0.07	0.01	0.02	0.02	0.02
Tangible Book Value	8.61	10.76	0.92	2	1.83	1.5
Tangible Book Value Per Share	0.06	0.07	0.01	0.02	0.02	0.02
Land	1.22	1.26	-	-	-	-
Buildings	1.94	2	-	-	-	-
Machinery	1.85	1.76	1.08	1.1	0.67	0.19