Aspen Aerogels, Inc. (ASPN)

Aspen Aerogels 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	167.62	220.88	139.72	281.34	76.56	16.5
Cash & Short-Term Investments	167.62	220.88	139.72	281.34	76.56	16.5
Cash Growth	83.43%	58.09%	-50.34%	267.45%	364.14%	354.06%
Accounts Receivable	76.17	109.1	70	57.35	20.43	15.7
Other Receivables	-	-	2.2	-	-	-
Receivables	76.17	109.1	72.2	57.35	20.43	15.7
Inventory	52.12	47.55	39.19	22.54	11.99	13.1
Prepaid Expenses	14.12	31.52	14.98	7.24	2.78	1.83
Restricted Cash	0.41	0.39	0.25	1.23	-	-
Other Current Assets	0.04	-	-	-	0.39	-
Total Current Assets	310.47	409.45	266.33	369.69	112.15	47.12
Property, Plant & Equipment	180.22	480.13	434.44	271.21	69.31	50.22
Long-Term Deferred Charges	7.1	-	-	-	0.64	-
Other Long-Term Assets	27.35	5.57	2.28	2.52	0.86	0.08
Total Assets	525.13	895.14	703.05	643.42	182.95	97.42
Accounts Payable	27	44.36	51.09	54.73	17.44	5.35
Accrued Expenses	15.56	36.5	22.81	16	10.82	3.88
Current Portion of Long-Term Debt	26	23.78	-	-	-	1.61
Current Portion of Leases	8.85	3.28	1.87	2.37	2.25	1.05
Current Unearned Revenue	0.62	2.2	2.32	5.85	1.32	2.04
Other Current Liabilities	-	-	-	-	4.73	-
Total Current Liabilities	78.05	110.11	78.1	78.95	36.56	13.93
Long-Term Debt	106.25	147.18	114.99	103.58	-	2.06
Long-Term Leases	32.06	23.15	21.91	13.46	12.99	3.6
Other Long-Term Liabilities	-	-	-	-	5	9.99
Total Liabilities	216.36	280.44	214.99	195.98	54.55	29.57
Additional Paid-In Capital	1,279	1,275	1,162	1,075	673.46	575.81
Retained Earnings	-970.53	-660.23	-673.6	-627.79	-545.05	-507.96
Shareholders' Equity	308.77	614.71	488.06	447.44	128.41	67.85
Total Liabilities & Equity	525.13	895.14	703.05	643.42	182.95	97.42
Total Debt	173.17	197.38	138.77	119.4	15.24	8.31
Net Cash (Debt)	-5.55	23.5	0.95	161.93	61.33	8.19
Net Cash Growth	-	2370.87%	-99.41%	164.05%	649.25%	-
Net Cash Per Share	-0.07	0.29	0.01	4.11	2.02	0.31
Filing Date Shares Outstanding	82.36	82.06	76.66	70.07	33.23	28.3
Total Common Shares Outstanding	82.25	82.04	76.5	69.99	33.22	27.82
Working Capital	232.42	299.34	188.24	290.74	75.6	33.2
Book Value Per Share	3.75	7.49	6.38	6.39	3.87	2.44
Tangible Book Value	308.77	614.71	488.06	447.44	128.41	67.85
Tangible Book Value Per Share	3.75	7.49	6.38	6.39	3.87	2.44
Buildings	27.05	27.03	25.47	24.02	24.02	24.02
Machinery	212.77	211.58	194.83	146.85	136.67	133.66
Construction In Progress	53.83	352.57	314.7	209.06	13.46	1.91
Leasehold Improvements	25.58	24.84	23.51	9.23	3.32	-

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

SEC Filings: 10-K · 10-Q