Thor Explorations Balance Sheet

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

Millions USD. 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	159.5	137.75	12.04	7.84	6.69	1.28
Cash & Short-Term Investments	159.5	137.75	12.04	7.84	6.69	1.28
Cash Growth	544.23%	1044.10%	53.57%	17.22%	424.03%	-94.25%
Accounts Receivable	-	-	-	-	0.07	0.02
Other Receivables	0.56	0.4	0.38	0.28	0.15	0.22
Receivables	0.56	0.4	0.38	0.28	0.22	0.24
Inventory	47.8	37.2	41.1	41.77	32.5	18.15
Prepaid Expenses	7.69	6.24	2.53	1.88	0.85	0.35
Restricted Cash	-	-	-	-	-	3.5
Other Current Assets	4.79	5.07	1.65	5.77	9.63	0.24
Total Current Assets	220.34	186.67	57.71	57.54	49.88	23.74
Property, Plant & Equipment	64.6	73.42	123.31	156.46	166.36	172.96
Other Intangible Assets	69.36	60.45	40.72	28.91	19.23	15.35
Long-Term Deferred Tax Assets	-	-	-	0.09	0.09	0.09
Other Long-Term Assets	90.01	86.55	57.33	16.11	0.28	0.11
Total Assets	444.3	407.08	279.07	259.11	235.85	212.24
Accounts Payable	7.01	0.89	44.37	58.71	46.91	43.57
Accrued Expenses	11.95	17.61	4.43	14.12	6.21	-
Short-Term Debt	-	-	-	-	-	0.67
Current Portion of Long-Term Debt	-	-	0.86	23.25	0.89	27.32
Current Portion of Leases	1.4	2.55	4.82	4.82	4.81	4.85
Current Unearned Revenue	-	-	4.46	11.84	6.58	-
Other Current Liabilities	3.74	0.87	11.43	14.29	13.4	12.84
Total Current Liabilities	24.09	21.91	70.37	127.02	78.81	89.24
Long-Term Debt	-	-	-	0.52	27.25	25.75
Long-Term Leases	-	0.05	2.39	6.67	10.6	13.43
Other Long-Term Liabilities	5.13	5.12	5.06	12.71	19.81	24.23
Total Liabilities	29.22	27.08	77.82	146.92	136.47	152.65
Common Stock	84.29	83.11	81.63	81.49	80.44	79.03
Retained Earnings	334.59	301.15	121.57	30.35	18.1	-21.06
Comprehensive Income & Other	-3.8	-4.25	-1.95	0.35	0.84	1.62
Shareholders' Equity	415.08	380.01	201.25	112.19	99.38	59.59
Total Liabilities & Equity	444.3	407.08	279.07	259.11	235.85	212.24
Total Debt	1.4	2.6	8.07	35.26	43.55	72.01
Net Cash (Debt)	158.1	135.16	3.97	-27.42	-36.86	-70.74
Net Cash Growth	749.32%	3304.41%	-	-	-	-
Net Cash Per Share	0.24	0.20	0.01	-0.04	-0.06	-0.11
Filing Date Shares Outstanding	666.57	665.3	665.3	656.06	644.7	641.9
Total Common Shares Outstanding	666.57	665.3	657.06	656.06	644.7	632.36
Working Capital	196.25	164.75	-12.66	-69.48	-28.92	-65.5
Book Value Per Share	0.62	0.57	0.31	0.17	0.15	0.09
Tangible Book Value	345.73	319.56	160.53	83.28	80.15	44.25
Tangible Book Value Per Share	0.52	0.48	0.24	0.13	0.12	0.07
Land	-	-	-	-	0.02	0.02
Machinery	1.66	1.33	1.18	1.32	78.28	3.72
Construction In Progress	-	-	-	-	1.88	144.58