Advent Technologies Holdings, Inc. (ADN)

ADN Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.33	0.38	3.2	32.87	79.76	0.52
Cash & Short-Term Investments	0.33	0.38	3.2	32.87	79.76	0.52
Cash Growth	-57.49%	-88.09%	-90.26%	-58.79%	15366.11%	-56.99%
Accounts Receivable	0.76	1.59	0.15	1.03	4.76	0.51
Other Receivables	0.35	0.32	0.54	1.33	4.33	0.47
Receivables	1.11	1.91	0.69	2.36	9.08	0.98
Inventory	-	0.01	0.2	12.62	6.96	0.11
Prepaid Expenses	0.37	0.14	0.18	0.48	1.14	0.07
Restricted Cash	-	-	0.1	-	-	-
Other Current Assets	0.15	0.26	4.47	1.17	0.41	0.02
Total Current Assets	1.96	2.69	8.84	49.5	97.35	1.7
Property, Plant & Equipment	4.79	4.91	23.99	21.99	8.59	0.2
Long-Term Investments	-	-	-	0.32	-	-
Goodwill	-	-	-	5.74	30.03	-
Other Intangible Assets	0.1	0.09	0.08	6.06	23.34	-
Long-Term Deferred Tax Assets	-	-	-	-	1.25	-
Other Long-Term Assets	0.32	0.32	1.83	5.97	2.48	0
Total Assets	7.17	8.01	34.74	89.59	163.03	1.89
Accounts Payable	17.89	16.73	4	4.68	4.84	0.88
Accrued Expenses	0.87	0.91	0.98	2.2	7.65	1.95
Short-Term Debt	0.35	0.56	-	-	-	-
Current Portion of Leases	0.15	0.09	2.14	2.28	-	-
Current Income Taxes Payable	0.18	0.17	0.18	0.18	0.2	0.2
Current Unearned Revenue	4.41	3.58	0.94	1.82	1.32	0.33
Other Current Liabilities	7.22	6.73	3.68	2.51	4.87	0.06
Total Current Liabilities	31.06	28.77	11.91	13.67	18.87	3.43
Long-Term Debt	-	-	-	-	-	0.04
Long-Term Leases	0.1	0.18	8.22	9.8	-	-
Long-Term Unearned Revenue	0.6	0.25	0.32	0.05	-	0.18
Long-Term Deferred Tax Liabilities	-	-	-	-	2.5	-
Other Long-Term Liabilities	0	0	0.76	1.85	11.37	-
Total Liabilities	31.86	29.3	21.29	25.44	32.83	3.69
Common Stock	-	-	0.01	0.01	0.01	0
Additional Paid-In Capital	199.41	199.02	194.93	174.51	164.89	10.99
Retained Earnings	-223.43	-220.15	-179.16	-107.76	-33.43	-12.9
Comprehensive Income & Other	-0.66	-0.16	-2.33	-2.6	-1.27	0.11
Total Common Equity	-24.68	-21.3	13.45	64.15	130.2	-1.79
Shareholders' Equity	-24.68	-21.3	13.45	64.15	130.2	-1.79
Total Liabilities & Equity	7.17	8.01	34.74	89.59	163.03	1.89
Total Debt	0.59	0.83	10.36	12.08	-	0.04
Net Cash (Debt)	-0.26	-0.45	-7.16	20.79	79.76	0.47
Net Cash Growth	-	-	-	-73.94%	16765.53%	-32.34%
Net Cash Per Share	-0.10	-0.17	-3.73	12.10	52.23	0.69
Filing Date Shares Outstanding	2.67	2.67	2.64	1.74	1.71	1.54
Total Common Shares Outstanding	2.64	2.64	2.58	1.72	1.71	3.02
Working Capital	-29.1	-26.08	-3.08	35.83	78.48	-1.73
Book Value Per Share	-9.36	-8.08	5.21	37.21	76.21	-0.59
Tangible Book Value	-24.79	-21.38	13.37	52.34	76.83	-1.79
Tangible Book Value Per Share	-9.40	-8.11	5.18	30.36	44.97	-0.59
Land	0.9	0.87	12.57	1.98	1.89	0.02
Machinery	6.54	6.26	14.33	12.84	12.85	0.68
Construction In Progress	-	-	-	10.44	0.43	-

Updated Dec 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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