Nio Strategic Metals Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	0.67	1.16	1.3	1.64	1.94	0.01
Cash & Short-Term Investments	0.67	1.16	1.3	1.64	1.94	0.01
Cash Growth	-29.34%	-10.76%	-20.29%	-15.79%	17189.05%	-61.10%
Other Receivables	0.03	0.03	0.08	0.03	0.11	0
Receivables	0.03	0.03	0.08	0.03	0.11	0
Prepaid Expenses	0.02	0.02	0.02	0.08	0.2	0.02
Other Current Assets	-	-	-	-	0	-
Total Current Assets	0.71	1.22	1.4	1.74	2.26	0.04
Property, Plant & Equipment	0.51	0.51	0.51	0.51	0.51	0.51
Other Long-Term Assets	-	-	-	-	0.06	-
Total Assets	1.22	1.72	1.91	2.25	2.83	0.54
Accounts Payable	0.13	0.08	0.07	0.22	0.19	0.1
Accrued Expenses	0.02	0.03	0.03	0.04	1.25	0.99
Current Portion of Long-Term Debt	-	0.45	0.5	0.03	2.35	2.35
Current Unearned Revenue	0.05	0.05	-	-	-	-
Total Current Liabilities	0.2	0.62	0.61	0.29	3.79	3.44
Long-Term Debt	-	-	-	0.5	0.54	0.04
Total Liabilities	0.2	0.62	0.61	0.79	4.33	3.48
Common Stock	22.07	21.58	20.98	20.3	16.99	15.35
Additional Paid-In Capital	2.39	2.35	2.28	1.75	1.61	1.48
Retained Earnings	-23.45	-22.83	-21.96	-21.23	-20.75	-19.76
Comprehensive Income & Other	0	0	-	0.65	0.65	-
Shareholders' Equity	1.02	1.11	1.3	1.46	-1.5	-2.93
Total Liabilities & Equity	1.22	1.72	1.91	2.25	2.83	0.54
Total Debt	-	0.45	0.5	0.53	2.89	2.39
Net Cash (Debt)	0.67	0.71	0.8	1.11	-0.94	-2.37
Net Cash Growth	35.21%	-11.24%	-27.30%	-	-	-
Net Cash Per Share	0.01	0.01	0.01	0.02	-0.03	-0.09
Filing Date Shares Outstanding	101.49	102.49	79.86	75.72	75.72	25.98
Total Common Shares Outstanding	101.49	90.49	79.86	75.72	51.89	25.98
Working Capital	0.51	0.6	0.79	1.46	-1.53	-3.4
Book Value Per Share	0.01	0.01	0.02	0.02	-0.03	-0.11
Tangible Book Value	1.02	1.11	1.3	1.46	-1.5	-2.93
Tangible Book Value Per Share	0.01	0.01	0.02	0.02	-0.03	-0.11
Land	0.51	0.51	0.51	0.51	0.51	0.51

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