Source Rock Royalties 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	3.81	4.15	4.64	1.46	13.15	1.49
Cash & Short-Term Investments	3.81	4.15	4.64	1.46	13.15	1.49
Cash Growth	-25.64%	-10.47%	217.07%	-88.88%	781.34%	63.35%
Accounts Receivable	1.32	0.96	1.04	1.26	1.06	0.81
Other Receivables	-	0	0.01	0.01	0.04	0.01
Receivables	1.32	0.97	1.05	1.27	1.09	0.82
Prepaid Expenses	0.02	0.02	0.04	0.03	0.04	0.01
Other Current Assets	-	-	-	-	-	0.16
Total Current Assets	5.15	5.14	5.73	2.77	14.29	2.48
Property, Plant & Equipment	17.96	18.11	20.24	24.15	14.06	12.62
Other Intangible Assets	-	0.25	0.25	0.25	0.25	0.25
Long-Term Deferred Tax Assets	0.44	0.46	0.37	0.09	0.22	-
Total Assets	23.55	23.95	26.59	27.26	28.82	15.36
Accounts Payable	0.13	0.05	0.04	0.08	0.02	0.03
Accrued Expenses	-	0.01	0	0.04	0	0.1
Current Income Taxes Payable	0.16	0.18	0.52	0.02	0.68	0.08
Other Current Liabilities	0.3	0.3	0.3	0.27	0.67	0.44
Total Current Liabilities	0.58	0.53	0.87	0.4	1.38	0.65
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.15
Total Liabilities	0.58	0.53	0.87	0.4	1.38	0.8
Common Stock	26.76	26.76	26.76	26.48	26.29	13.98
Additional Paid-In Capital	17.65	17.56	17.63	16.77	16.13	15.73
Retained Earnings	-21.44	-20.9	-18.67	-16.69	-15.29	-15.15
Comprehensive Income & Other	-	-	-	0.31	0.31	-
Shareholders' Equity	22.97	23.42	25.72	26.86	27.44	14.56
Total Liabilities & Equity	23.55	23.95	26.59	27.26	28.82	15.36
Net Cash (Debt)	3.81	4.15	4.64	1.46	13.15	1.49
Net Cash Growth	-25.64%	-10.47%	217.07%	-88.88%	781.34%	63.35%
Net Cash Per Share	0.08	0.09	0.10	0.03	0.30	0.05
Filing Date Shares Outstanding	45.58	45.58	45.58	45.23	44.9	29.56
Total Common Shares Outstanding	45.58	45.58	45.58	45.23	44.9	29.56
Working Capital	4.57	4.6	4.86	2.37	12.91	1.83
Book Value Per Share	0.50	0.51	0.56	0.59	0.61	0.49
Tangible Book Value	22.97	23.17	25.47	26.61	27.19	14.31
Tangible Book Value Per Share	0.50	0.51	0.56	0.59	0.61	0.48