Archer Aviation Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	501.7	464.6	69.4	746.6	36.6	10.15
Short-Term Investments	-	-	461.8	-	-	-
Cash & Short-Term Investments	501.7	464.6	531.2	746.6	36.6	10.15
Cash Growth	8.73%	-12.54%	-28.85%	1939.89%	260.63%	-
Prepaid Expenses	11	7.9	9.8	7.6	0.8	0.01
Restricted Cash	6.7	6.9	2.9	0.3	-	-
Other Current Assets	3.6	0.8	1.6	0.3	-	0.01
Total Current Assets	523	480.2	545.5	754.8	37.4	10.16
Property, Plant & Equipment	120.5	66.5	23.4	10.4	3.9	0
Other Intangible Assets	0.4	0.4	0.4	0.5	0.5	-
Long-Term Deferred Charges	6.3	6.4	3.7	-	-	-
Other Long-Term Assets	1.3	0.8	0.8	2.7	-	-
Total Assets	651.5	554.3	573.8	768.4	41.8	10.17
Accounts Payable	23.5	14.3	3.6	3.4	2.1	0.11
Accrued Expenses	48.6	38.3	30.4	10.7	0.2	0.04
Current Portion of Long-Term Debt	-	-	9.3	9.5	0.6	-
Current Portion of Leases	3.6	2.8	3.7	3.1	0.8	-
Current Income Taxes Payable	1.4	1.4	0.3	0.6	-	-
Other Current Liabilities	9.6	57.2	6	1	0.1	-
Total Current Liabilities	86.7	114	53.3	28.3	3.8	0.15
Long-Term Debt	64	7.2	-	9.3	0.3	5
Long-Term Leases	10.9	13.2	9.2	1.2	1.5	-
Long-Term Unearned Revenue	11.5	10.8	10	-	-	-
Other Long-Term Liabilities	10.7	42	8	30.7	0.3	0.05
Total Liabilities	183.8	187.2	80.5	69.5	5.9	5.2
Common Stock	-	-	-	-	-	0.01
Additional Paid-In Capital	1,955	1,516	1,185	1,073	61.7	-
Retained Earnings	-1,488	-1,149	-690.9	-373.6	-25.8	-0.98
Comprehensive Income & Other	-0.1	-	-0.8	-	-	-
Total Common Equity	467.7	367.1	493.3	698.9	35.9	-0.97
Shareholders' Equity	467.7	367.1	493.3	698.9	35.9	4.97
Total Liabilities & Equity	651.5	554.3	573.8	768.4	41.8	10.17
Total Debt	78.5	23.2	22.2	23.1	3.2	5
Net Cash (Debt)	423.2	441.4	509	723.5	33.4	5.15
Net Cash Growth	-4.40%	-13.28%	-29.65%	2066.17%	548.04%	-
Net Cash Per Share	1.25	1.63	2.12	6.53	0.67	0.10
Filing Date Shares Outstanding	425.27	310.57	247.36	234.96	51.99	50
Total Common Shares Outstanding	424.81	303.78	241.64	237.73	51.32	50
Working Capital	436.3	366.2	492.2	726.5	33.6	10.01
Book Value Per Share	1.10	1.21	2.04	2.94	0.70	-0.02
Tangible Book Value	467.3	366.7	492.9	698.4	35.4	-0.97
Tangible Book Value Per Share	1.10	1.21	2.04	2.94	0.69	-0.02
Machinery	26.4	13.3	6	5.3	1.5	0
Construction In Progress	66	18.4	4.8	-	-	-
Leasehold Improvements	33.5	33	2.9	1	0.1	-

Source: S&P Capital IQ. Standard template. Financial Sources.