Black Swan Graphene 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 2022
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	Apr '22 Apr 30, 2022
Cash & Equivalents	7.16	8.22	3	5.32	8.87	0.03
Cash & Short-Term Investments	7.16	8.22	3	5.32	8.87	0.03
Cash Growth	-9.87%	173.62%	-43.58%	-40.01%	32841.09%	-68.98%
Accounts Receivable	0.27	0.22	0.61	0.58	0.3	-
Total Trade Receivables	0.27	0.22	0.61	0.58	0.3	-
Other Current Assets	0.04	0.04	0	0	0	-
Total Current Assets	7.48	8.48	3.61	5.9	9.18	0.03
Other Intangible Assets	5.12	5.36	6.31	7.25	8.2	-
Long-Term Investments	-	-	0.8	0.8	-	-
Total Assets	12.61	13.84	10.71	13.95	17.37	0.03
Accounts Payable	0.21	0.51	0.27	0.11	0.65	0.49
Total Current Liabilities	0.21	0.51	0.27	0.11	0.65	0.49
Total Liabilities	0.21	0.51	0.27	0.11	0.65	0.49
Common Stock	37.24	37.24	28.11	28.11	25.49	1.32
Additional Paid-in Capital	3.51	3.44	2.24	2.24	1.67	0.06
Retained Earnings	-28.35	-27.34	-19.91	-16.52	-10.43	-1.84
Shareholders' Equity	12.39	13.34	10.44	13.83	16.73	-0.46
Total Liabilities & Equity	12.61	13.84	10.71	13.95	17.37	0.03
Net Cash (Debt)	7.16	8.22	3	5.32	8.87	0.03
Net Cash Growth	-12.83%	173.62%	-43.58%	-40.01%	32841.09%	-68.98%
Net Cash Per Share	0.14	0.15	0.08	0.14	0.29	0.01
Book Value	12.39	13.34	10.44	13.83	16.73	-0.46
Book Value Per Share	0.23	0.25	0.28	0.37	0.56	-0.23
Tangible Book Value	7.27	7.98	4.13	6.58	8.53	-0.46
Tangible Book Value Per Share	0.14	0.15	0.11	0.18	0.28	-0.23