Theralase Technologies 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	1	0.18	0.27	0.04	1.51	3.69
Cash & Short-Term Investments	1	0.18	0.27	0.04	1.51	3.69
Cash Growth	661.92%	-31.94%	512.05%	-97.09%	-59.13%	-53.15%
Accounts Receivable	0.67	0.38	0.17	0.39	0.2	0.09
Other Receivables	0.19	0.82	0.54	0.21	0.24	0.21
Receivables	0.85	1.2	0.71	0.6	0.44	0.3
Inventory	0.49	0.51	0.55	0.66	0.49	0.57
Prepaid Expenses	0.19	0.14	0.06	0.2	0.07	0.44
Total Current Assets	2.53	2.03	1.58	1.5	2.5	5
Property, Plant & Equipment	0.39	0.45	0.61	0.86	1.11	0.87
Long-Term Accounts Receivable	0.97	1.02	1.06	0.92	0.55	0.08
Total Assets	3.89	3.49	3.25	3.28	4.16	5.94
Accounts Payable	1.03	0.79	0.36	0.68	0.33	0.5
Accrued Expenses	0.48	0.47	0.52	0.3	0.27	0.34
Short-Term Debt	0.26	0.26	-	-	-	-
Current Portion of Leases	0.08	0.11	0.1	0.09	0.09	0.04
Other Current Liabilities	0	-	-	-	-	-
Total Current Liabilities	1.85	1.62	0.99	1.08	0.68	0.87
Long-Term Leases	0.09	0.09	0.19	0.29	0.39	-
Total Liabilities	1.94	1.72	1.18	1.37	1.07	0.87
Common Stock	51.55	50.89	48.92	46.44	44.53	42.12
Additional Paid-In Capital	18.27	18.16	17.58	12.49	11.37	10.94
Retained Earnings	-72.65	-71.62	-67.5	-63.24	-58.45	-53.09
Comprehensive Income & Other	4.78	4.35	3.06	6.22	5.64	5.1
Shareholders' Equity	1.95	1.78	2.07	1.91	3.09	5.07
Total Liabilities & Equity	3.89	3.49	3.25	3.28	4.16	5.94
Total Debt	0.43	0.46	0.29	0.39	0.47	0.04
Net Cash (Debt)	0.57	-0.28	-0.03	-0.34	1.03	3.66
Net Cash Growth	-	-	-	-	-71.69%	-53.06%
Net Cash Per Share	0.00	-0.00	-0.00	-0.00	0.00	0.02
Filing Date Shares Outstanding	295.67	275.82	248.81	235.13	216.5	204.43
Total Common Shares Outstanding	269.24	265	247.78	228.46	216.5	204.28
Working Capital	0.69	0.4	0.6	0.42	1.82	4.12
Book Value Per Share	0.01	0.01	0.01	0.01	0.01	0.02
Tangible Book Value	1.95	1.78	2.07	1.91	3.09	5.07
Tangible Book Value Per Share	0.01	0.01	0.01	0.01	0.01	0.02
Machinery	1.51	1.65	1.68	1.66	1.76	1.69
Leasehold Improvements	0.01	0.01	0.03	0.03	0.26	0.26