Thor Explorations Ltd. (TSXV:THX)

Paragon 28 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	52.85	12.04	7.84	6.69	1.28	22.18
Cash & Short-Term Investments	52.85	12.04	7.84	6.69	1.28	22.18
Cash Growth	601.61%	53.57%	17.22%	424.03%	-94.25%	432.45%
Accounts Receivable	-	-	-	0.07	0.02	-
Other Receivables	6.34	0.38	0.28	0.15	0.22	0.04
Receivables	6.34	0.38	0.28	0.22	0.24	0.04
Inventory	37.14	41.1	41.77	32.5	18.15	-
Prepaid Expenses	-	2.53	1.88	0.85	0.35	0.2
Restricted Cash	-	-	-	-	3.5	3.5
Other Current Assets	-	1.65	5.77	9.63	0.24	0.23
Total Current Assets	96.34	57.71	57.54	49.88	23.74	26.16
Property, Plant & Equipment	113.22	127.8	156.46	166.36	172.96	71.94
Other Intangible Assets	43.9	36.24	28.91	19.23	15.35	12.77
Long-Term Deferred Tax Assets	-	-	0.09	0.09	0.09	0.04
Other Long-Term Assets	64.06	57.33	16.11	0.28	0.11	0.15
Total Assets	317.52	279.07	259.11	235.85	212.24	111.05
Accounts Payable	25.9	46.27	58.71	46.91	43.57	8.13
Accrued Expenses	-	2.52	14.12	6.21	-	0.43
Short-Term Debt	-	-	-	-	0.67	-
Current Portion of Long-Term Debt	-	0.86	23.25	0.89	27.32	0.05
Current Portion of Leases	4.83	4.82	4.82	4.81	4.85	0.03
Current Unearned Revenue	-	4.46	11.84	6.58	-	-
Other Current Liabilities	-	11.43	14.29	13.4	12.84	4.76
Total Current Liabilities	30.73	70.37	127.02	78.81	89.24	13.41
Long-Term Debt	-	-	0.52	27.25	25.75	16.11
Long-Term Leases	0.23	2.39	6.67	10.6	13.43	-
Other Long-Term Liabilities	5.09	5.06	12.71	19.81	24.23	20.38
Total Liabilities	36.06	77.82	146.92	136.47	152.65	49.91
Common Stock	82.39	81.63	81.49	80.44	79.03	76.22
Retained Earnings	203.8	121.57	30.35	18.1	-21.06	-19.43
Comprehensive Income & Other	-4.73	-1.95	0.35	0.84	1.62	4.36
Total Common Equity	281.46	201.25	112.19	99.38	59.59	61.15
Shareholders' Equity	281.46	201.25	112.19	99.38	59.59	61.15
Total Liabilities & Equity	317.52	279.07	259.11	235.85	212.24	111.05
Total Debt	5.07	8.07	35.26	43.55	72.01	16.2
Net Cash (Debt)	47.79	3.97	-27.42	-36.86	-70.74	5.98
Net Cash Growth	-	-	-	-	-	46.23%
Net Cash Per Share	0.07	0.01	-0.04	-0.06	-0.11	0.01
Filing Date Shares Outstanding	662.49	665.3	656.06	644.7	641.9	621.41
Total Common Shares Outstanding	662.49	657.06	656.06	644.7	632.36	621.41
Working Capital	65.6	-12.66	-69.48	-28.92	-65.5	12.75
Book Value Per Share	0.42	0.31	0.17	0.15	0.09	0.10
Tangible Book Value	237.56	165.02	83.28	80.15	44.25	48.38
Tangible Book Value Per Share	0.36	0.25	0.13	0.12	0.07	0.08
Land	-	-	-	0.02	0.02	0.02
Machinery	-	1.18	1.32	78.28	3.72	2.07
Construction In Progress	-	-	-	1.88	144.58	70.11

Updated Nov 24, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.