Pulse Oil 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	0.4	1.09	0.23	4.3	0.15	0.1
Cash & Short-Term Investments	0.4	1.09	0.23	4.3	0.15	0.1
Cash Growth	40.42%	376.57%	-94.70%	2852.18%	42.04%	-72.97%
Accounts Receivable	0.17	0.33	0.24	0.35	0.52	0.04
Other Receivables	-	-	0.1	0.3	0.01	0.01
Receivables	0.17	0.33	0.33	0.65	0.53	0.05
Inventory	-	-	-	-	0.01	0.01
Prepaid Expenses	0.17	0.12	0.24	0.21	0.09	0.08
Other Current Assets	0.84	0.4	0.8	3.54	-	-
Total Current Assets	1.58	1.95	1.6	8.7	0.78	0.24
Property, Plant & Equipment	29.39	27.61	27.12	23.65	19.24	16.99
Total Assets	30.97	29.56	28.72	32.35	20.02	17.22
Accounts Payable	1.38	2.01	1.68	2.8	1.66	2
Accrued Expenses	-	-	-	-	0.14	0.17
Short-Term Debt	-	-	0.12	-	0.4	-
Other Current Liabilities	-	-	0.1	0.38	0.38	0.48
Total Current Liabilities	1.38	2.01	1.89	3.18	2.58	2.65
Long-Term Debt	2.39	-	-	0.12	0.12	0.12
Long-Term Deferred Tax Liabilities	-	-	-	-	0.19	-
Other Long-Term Liabilities	3.1	3.1	2.15	2.81	3.11	2.72
Total Liabilities	6.87	5.1	4.05	6.11	6	5.5
Common Stock	33.49	33.49	29.98	29.84	19.2	18.52
Retained Earnings	-12.8	-12.45	-8.17	-6.47	-8.05	-8.87
Comprehensive Income & Other	3.41	3.41	2.86	2.86	2.86	2.08
Shareholders' Equity	24.1	24.45	24.67	26.23	14.02	11.73
Total Liabilities & Equity	30.97	29.56	28.72	32.35	20.02	17.22
Total Debt	2.39	-	0.12	0.12	0.52	0.12
Net Cash (Debt)	-1.99	1.09	0.11	4.18	-0.37	-0.02
Net Cash Growth	-	906.21%	-97.42%	-	-	-
Net Cash Per Share	-0.00	0.00	0.00	0.01	-0.00	-0.00
Filing Date Shares Outstanding	623.47	623.47	623.47	519.55	303.18	151.59
Total Common Shares Outstanding	623.47	623.47	519.55	517.3	303.18	151.59
Working Capital	0.19	-0.06	-0.29	5.52	-1.8	-2.41
Book Value Per Share	0.04	0.04	0.05	0.05	0.05	0.08
Tangible Book Value	24.1	24.45	24.67	26.23	14.02	11.73
Tangible Book Value Per Share	0.04	0.04	0.05	0.05	0.05	0.08
Machinery	3.18	3.18	2.9	2.72	1.96	1.4

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