XSAT:SMOL Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	18.48	6.38	17.88	48.35	31.35	87.68
Short-Term Investments	-	-	10.8	22.76	40.24	-
Cash & Short-Term Investments	18.48	6.38	28.68	71.11	71.59	87.68
Cash Growth	29.86%	-77.76%	-59.66%	-0.67%	-18.36%	255.83%
Accounts Receivable	7.1	-	-	0.43	0.2	0.01
Other Receivables	-	3.8	4.38	2.39	2.32	1.67
Receivables	7.1	3.8	4.38	2.82	2.52	1.69
Prepaid Expenses	-	0.47	1.01	0.52	1.34	1.03
Other Current Assets	-	-	0	-0	-	-0
Total Current Assets	25.58	10.64	34.07	74.45	75.45	90.4
Property, Plant & Equipment	13.54	14.43	4.62	4.4	-	-
Long-Term Deferred Charges	70.28	67.19	64.75	64.61	63.5	51.12
Other Long-Term Assets	-	-	9.71	4.03	4.58	2.52
Total Assets	109.39	92.27	113.15	147.49	143.53	144.04
Accounts Payable	-	1.31	2.47	2.14	1.89	1.06
Accrued Expenses	-	6.08	7.23	5.52	4.28	2.74
Current Unearned Revenue	-	-	-	-	-	0.15
Other Current Liabilities	10.54	1.09	7.58	14.44	0.6	0.4
Total Current Liabilities	10.54	8.49	17.27	22.1	6.78	4.35
Long-Term Debt	17.38	0.68	0.68	0.7	0.76	0.82
Other Long-Term Liabilities	0	-	-0	-	-0	-
Total Liabilities	27.92	9.17	17.96	22.8	7.53	5.17
Common Stock	21.45	9.18	2.69	1.69	1.11	0.97
Additional Paid-In Capital	276.38	262.35	247.51	226.69	191.79	170.06
Comprehensive Income & Other	-216.36	-188.43	-155.01	-103.7	-56.9	-32.15
Total Common Equity	81.48	83.1	95.19	124.68	136	138.87
Shareholders' Equity	81.48	83.1	95.19	124.68	136	138.87
Total Liabilities & Equity	109.39	92.27	113.15	147.49	143.53	144.04
Total Debt	17.38	0.68	0.68	0.7	0.76	0.82
Net Cash (Debt)	1.1	5.7	28	70.4	70.83	86.86
Net Cash Growth	-91.92%	-79.66%	-60.23%	-0.60%	-18.46%	264.63%
Net Cash Per Share	0.01	0.11	1.82	7.27	8.62	12.75
Filing Date Shares Outstanding	180.07	81.88	22.6	14.19	9.28	8.11
Total Common Shares Outstanding	180.07	77.02	22.6	14.19	9.28	8.11
Working Capital	15.04	2.16	16.79	52.35	68.68	86.05
Book Value Per Share	0.45	1.08	4.21	8.79	14.65	17.11
Tangible Book Value	81.48	83.1	95.19	124.68	136	138.87
Tangible Book Value Per Share	0.45	1.08	4.21	8.79	14.65	17.11

Source: S&P Global Market Intelligence. Standard template. Financial Sources.