AIFA Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	11.84	59.24	16.32	11.17	92.89
Short-Term Investments	39	12.28	56.5	70	-
Cash & Short-Term Investments	50.84	71.53	72.82	81.17	92.89
Cash Growth	-28.92%	-1.78%	-10.28%	-12.62%	21795.80%
Accounts Receivable	0.49	0.71	0.53	0.07	0.39
Other Receivables	3.81	0.71	0.79	0.68	-
Receivables	25.43	19.05	1.32	0.75	0.39
Prepaid Expenses	0.51	0.47	0.5	0.46	0.98
Other Current Assets	-	3.7	3.7	-	-
Total Current Assets	76.78	94.75	78.34	82.38	94.26
Property, Plant & Equipment	1.04	7.37	9.25	9.85	6.14
Long-Term Investments	3.05	-	-	-	-
Goodwill	2.25	2.8	12.73	-	-
Other Intangible Assets	1.91	5.12	6.25	0.02	0.03
Other Long-Term Assets	4.76	2.66	5.44	5.48	5.38
Total Assets	89.78	112.69	112.02	97.73	105.8
Accounts Payable	7.02	1.32	0.37	0.32	0.34
Accrued Expenses	6.86	1.15	0.76	1.65	4.55
Short-Term Debt	33.14	25.76	9.23	-	-
Current Portion of Leases	1.69	1.59	1.48	1.23	-
Current Unearned Revenue	0.22	0.66	0.1	0.11	0.14
Other Current Liabilities	0.66	-	0	0	0.21
Total Current Liabilities	49.59	30.48	11.95	3.3	5.25
Long-Term Leases	2.41	4.01	5.56	6.53	-
Long-Term Deferred Tax Liabilities	0.13	0.67	1.1	-	-
Other Long-Term Liabilities	-	-	-	-	1.91
Total Liabilities	52.13	35.16	18.61	9.83	7.16
Common Stock	0	0	0	0	0
Additional Paid-In Capital	200	205.95	198.68	198.53	197.78
Retained Earnings	-163.13	-130.43	-113.67	-110.24	-99.41
Treasury Stock	-2.69	-2.69	-2.69	-0.61	-
Comprehensive Income & Other	0.57	0.18	0.43	0.22	0.27
Total Common Equity	34.76	73.01	82.75	87.9	98.65
Minority Interest	2.89	4.52	10.66	-	-
Shareholders' Equity	37.65	77.53	93.41	87.9	98.65
Total Liabilities & Equity	89.78	112.69	112.02	97.73	105.8
Total Debt	37.24	31.36	16.27	7.75	-
Net Cash (Debt)	13.6	40.17	56.55	73.41	92.89
Net Cash Growth	-66.14%	-28.96%	-22.97%	-20.96%	-
Net Cash Per Share	0.34	0.99	1.52	1.88	2.38
Filing Date Shares Outstanding	38.27	38.02	44.14	38.5	39.12
Total Common Shares Outstanding	37.71	44.11	36.81	38.5	39.12
Working Capital	27.19	64.27	66.39	79.08	89.01
Book Value Per Share	0.92	1.66	2.25	2.28	2.52
Tangible Book Value	30.6	65.1	63.77	87.88	98.62
Tangible Book Value Per Share	0.81	1.48	1.73	2.28	2.52
Machinery	11.59	11.47	11.36	11.21	11.21
Leasehold Improvements	4.63	4.68	4.71	4.58	4.68

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