Nanalysis Scientific Balance Sheet

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

Millions CAD. 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	0.73	0.55	1.38	0.76	3.53	10.41
Cash & Short-Term Investments	0.73	0.55	1.38	0.76	3.53	10.41
Cash Growth	3.40%	-60.39%	81.29%	-78.47%	-66.12%	229.48%
Accounts Receivable	8.01	7.61	10.11	8.35	7.14	4.97
Other Receivables	0.61	0.9	0.96	1.41	1.85	1.13
Receivables	8.62	8.5	11.07	9.76	8.98	6.1
Inventory	3.8	3.65	4.39	5.79	7.39	3.68
Prepaid Expenses	1.17	1.43	1.43	1.6	2.06	0.58
Restricted Cash	-	2.61	-	-	-	-
Total Current Assets	14.32	16.74	18.26	17.91	21.96	20.76
Property, Plant & Equipment	1.94	2.18	2.89	4.74	6.42	2.54
Long-Term Investments	-	-	-	5.73	-	-
Goodwill	5.7	5.7	5.7	5.7	13.08	0.39
Other Intangible Assets	1.94	2	1.92	3.47	3.71	1.62
Long-Term Accounts Receivable	0.06	0.12	0.34	-	0.77	-
Long-Term Deferred Tax Assets	-	-	-	-	0.1	-
Long-Term Deferred Charges	9.97	10.39	11.12	12.47	22.91	12.48
Other Long-Term Assets	1.07	1.3	2.14	3.11	0.94	-
Total Assets	35	38.41	42.37	53.82	69.9	37.79
Accounts Payable	4.82	5.2	5.83	5.08	5.76	4.44
Short-Term Debt	2.23	2.8	2.8	2.9	2.54	-
Current Portion of Long-Term Debt	4.59	6.99	3.22	3.59	1.11	1.94
Current Portion of Leases	0.78	0.78	0.83	0.8	0.79	0.26
Current Unearned Revenue	1.46	1.25	1.19	1.32	1.93	1.8
Other Current Liabilities	0.19	0.18	0.52	0.91	1.38	0.21
Total Current Liabilities	14.07	17.2	14.38	14.6	13.51	8.65
Long-Term Debt	6.65	6.2	10.14	12.56	3.79	2.75
Long-Term Leases	0.62	0.81	1.38	2.13	2.53	1.04
Long-Term Unearned Revenue	0.47	0.55	0.65	0.88	1.12	0.82
Long-Term Deferred Tax Liabilities	0.09	0.08	0.12	0.18	0.26	0.26
Other Long-Term Liabilities	0.15	0.15	0.16	-	1.14	0.32
Total Liabilities	22.05	24.99	26.83	30.34	22.33	13.83
Common Stock	60.82	60.2	57.57	53.2	49.02	31.3
Additional Paid-In Capital	6.62	6.46	6	4.67	3.09	1.64
Retained Earnings	-55.54	-54.26	-48.6	-34.99	-18.79	-9.69
Comprehensive Income & Other	1.05	1.02	0.58	0.6	1.82	0.71
Total Common Equity	12.95	13.42	15.55	23.48	35.13	23.96
Minority Interest	-	-	-	-	12.44	-
Shareholders' Equity	12.95	13.42	15.55	23.48	47.57	23.96
Total Liabilities & Equity	35	38.41	42.37	53.82	69.9	37.79
Total Debt	14.87	17.58	18.36	21.97	10.75	5.99
Net Cash (Debt)	-14.14	-17.03	-16.99	-21.21	-7.23	4.42
Net Cash Per Share	-0.12	-0.15	-0.15	-0.21	-0.08	0.06
Filing Date Shares Outstanding	138.46	132.31	113.22	113.03	94.45	77.17
Total Common Shares Outstanding	138.46	132.31	113.22	101.92	94.45	77.17
Working Capital	0.25	-0.46	3.88	3.32	8.45	12.12
Book Value Per Share	0.09	0.10	0.14	0.23	0.37	0.31
Tangible Book Value	5.31	5.73	7.93	14.31	18.33	21.95
Tangible Book Value Per Share	0.04	0.04	0.07	0.14	0.19	0.28
Machinery	4	4.01	3.99	3.96	4.61	2.42
Leasehold Improvements	0.61	0.61	0.58	0.59	0.59	0.48

Source: S&P Global Market Intelligence. Standard template. Financial Sources.