Plurilock Security 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	1.46	2.54	1.4	1.92	2.71	9.47
Short-Term Investments	0.36	2.33	0	0	0.01	0
Cash & Short-Term Investments	1.82	4.87	1.4	1.92	2.72	9.47
Cash Growth	-31.15%	248.06%	-27.03%	-29.43%	-71.28%	448.79%
Accounts Receivable	3.24	4.79	9.13	5.12	11.71	6.1
Other Receivables	0.27	0.12	0.13	0.17	0.53	0.28
Receivables	3.51	4.91	9.26	5.3	12.24	6.38
Inventory	16.33	11.64	19.51	16.14	0.32	0.73
Prepaid Expenses	0.19	0.3	0.32	0.33	0.65	0.35
Restricted Cash	0.02	0.02	0.02	0.14	0.14	-
Total Current Assets	21.88	21.74	30.51	23.82	16.06	16.93
Property, Plant & Equipment	0.02	0.02	0.1	0.14	0.35	0.06
Goodwill	2.42	2.39	2.51	2.31	4.14	0.85
Other Intangible Assets	1.05	1.08	1.32	1.39	2.28	0.42
Long-Term Accounts Receivable	-	-	0.01	0.05	-	-
Long-Term Deferred Charges	-	-	-	0.03	0.11	0.21
Other Long-Term Assets	0.03	0.03	0.04	0.03	0.12	0.01
Total Assets	25.4	25.26	34.47	27.75	23.06	18.48
Accounts Payable	8.02	11.27	11.28	10.61	8.47	9.67
Accrued Expenses	0.25	0.36	0.71	0.78	3.81	0.98
Short-Term Debt	-	-	2.41	4.5	5.26	-
Current Portion of Long-Term Debt	0.35	0.35	-	-	-	-
Current Portion of Leases	-	-	0.01	0.11	0.09	-
Current Unearned Revenue	20.15	15.04	24.7	18.49	0.69	0.33
Other Current Liabilities	0.12	0.13	0.15	0.3	0.82	0.34
Total Current Liabilities	28.88	27.14	39.27	34.79	19.13	11.33
Long-Term Debt	2.44	2.4	0.33	1.26	1.19	0.2
Long-Term Leases	-	-	-	0.01	0.14	-
Long-Term Deferred Tax Liabilities	0	0	0.02	0.02	0.02	0.02
Other Long-Term Liabilities	-	-	-	0.24	0.28	-
Total Liabilities	31.32	29.54	39.61	36.32	20.76	11.55
Common Stock	44.32	44.25	38.54	25.37	23.01	20.5
Additional Paid-In Capital	6.15	5.98	4.92	2.92	2.41	1.68
Retained Earnings	-58.34	-56.03	-48.77	-37.23	-24.12	-15.68
Comprehensive Income & Other	1.95	1.53	0.16	0.37	1	0.43
Shareholders' Equity	-5.92	-4.28	-5.14	-8.57	2.3	6.93
Total Liabilities & Equity	25.4	25.26	34.47	27.75	23.06	18.48
Total Debt	2.78	2.74	2.75	5.88	6.68	0.2
Net Cash (Debt)	-0.96	2.13	-1.35	-3.97	-3.96	9.27
Net Cash Growth	-	-	-	-	-	452.10%
Net Cash Per Share	-0.01	0.03	-0.04	-0.42	-0.55	1.54
Filing Date Shares Outstanding	111.68	79.04	59.63	38.87	8.73	7.15
Total Common Shares Outstanding	79.62	79.04	59.63	10.17	8.54	6.97
Working Capital	-7	-5.4	-8.76	-10.97	-3.07	5.6
Book Value Per Share	-0.07	-0.05	-0.09	-0.84	0.27	0.99
Tangible Book Value	-9.39	-7.75	-8.96	-12.27	-4.11	5.66
Tangible Book Value Per Share	-0.12	-0.10	-0.15	-1.21	-0.48	0.81
Machinery	0.2	0.2	0.27	0.23	0.24	0.11