Quart Development Balance Sheet

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

Millions PLN. 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	12.15	14.98	15.52	1.32	0.71	2.36
Short-Term Investments	6.22	7.14	2.44	1.31	0.81	0.31
Cash & Short-Term Investments	18.37	22.13	17.95	2.63	1.53	2.66
Cash Growth	-12.83%	23.24%	583.10%	72.32%	-42.73%	-72.08%
Accounts Receivable	0.01	0.07	0.01	0.05	0.17	3.23
Other Receivables	0.18	0.09	0.1	0.41	0.55	1.95
Receivables	0.19	0.16	0.12	0.46	0.72	5.18
Inventory	22.09	23	26.01	34.36	34.15	25.32
Prepaid Expenses	-	0.01	0.02	0.01	0.02	0.01
Restricted Cash	-	-	0.57	0.24	-	-
Other Current Assets	-	0.06	0.06	0.06	0.12	0.1
Total Current Assets	40.66	45.36	44.73	37.75	36.54	33.28
Property, Plant & Equipment	0.62	0.69	1.25	3.75	3.94	7.08
Long-Term Investments	0	0	0	0	0	-
Long-Term Deferred Tax Assets	0.03	0.03	0.01	0.01	0	0.02
Other Long-Term Assets	12	6	4	-	-	-
Total Assets	53.31	52.08	49.99	41.51	40.49	40.39
Accounts Payable	0.17	0.05	0.11	0.25	0.35	1.7
Accrued Expenses	0.02	0.08	0.08	0.1	0.1	0.09
Current Income Taxes Payable	0.41	0.22	0.41	0.3	0.1	0.59
Current Unearned Revenue	0.28	-	0.6	1.31	-	0.19
Other Current Liabilities	0.44	0.44	0.49	0.56	0.63	0.49
Total Current Liabilities	1.33	0.79	1.69	2.52	1.18	3.06
Pension & Post-Retirement Benefits	0.02	0.02	0.02	0.02	0.02	0.02
Other Long-Term Liabilities	1.16	1.18	0.55	0.36	0.47	0.56
Total Liabilities	2.51	1.98	2.26	2.9	1.67	3.64
Common Stock	12.83	12.83	12.83	12.83	12.83	12.83
Additional Paid-In Capital	-	36.02	25.31	24.77	25.62	24.74
Retained Earnings	-0.53	0.78	9.11	0.55	-0.1	-1.23
Comprehensive Income & Other	38.07	0.04	0.04	0.04	0.04	-
Total Common Equity	50.36	49.66	47.3	38.18	38.38	36.34
Minority Interest	0.44	0.44	0.43	0.43	0.43	0.41
Shareholders' Equity	50.8	50.1	47.73	38.61	38.81	36.75
Total Liabilities & Equity	53.31	52.08	49.99	41.51	40.49	40.39
Net Cash (Debt)	18.37	22.13	17.95	2.63	1.53	2.66
Net Cash Growth	-12.83%	23.24%	583.10%	72.32%	-42.73%	-72.08%
Net Cash Per Share	1.43	1.72	1.40	-	0.12	0.21
Filing Date Shares Outstanding	12.83	12.83	12.83	-	12.83	12.83
Total Common Shares Outstanding	12.83	12.83	12.83	-	12.83	12.83
Working Capital	39.32	44.57	43.04	35.23	35.36	30.21
Book Value Per Share	3.93	3.87	3.69	-	2.99	2.83
Tangible Book Value	50.36	49.66	47.3	38.18	38.38	36.34
Tangible Book Value Per Share	3.93	3.87	3.69	-	2.99	2.83
Land	-	0.02	0.02	2.16	2.16	2.16
Buildings	-	0.54	1.14	1.58	1.58	5.4
Machinery	-	0.62	1.36	1.5	1.5	1.3
Construction In Progress	-	-	-	0.1	0.1	0.37