BAER 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 2024	FY 2023	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Mar '23 Mar 31, 2023
Cash & Equivalents	31.38	53.08	16.07	36.94	14.69
Short-Term Investments	-	-	-	1.01	30.32
Cash & Short-Term Investments	31.38	53.08	16.07	37.95	45.01
Cash Growth	-40.88%	230.43%	-57.66%	-15.70%	-53.81%
Accounts Receivable	3.19	5.95	4.93	4.11	0.37
Inventory	1.65	0.86	0.48	0.49	0.43
Other Current Assets	3.99	3.92	3.74	2.65	3.08
Total Current Assets	40.22	63.81	25.21	45.2	48.89
Net Property, Plant & Equipment	218.81	183.77	195.87	196.61	203.42
Other Intangible Assets	6.02	6.08	2.02	1.73	0.18
Goodwill	20.89	20.75	13.16	13.16	2.46
Other Long-Term Assets	44.36	16.41	16.17	16.77	6.74
Total Assets	330.31	290.81	252.43	273.47	261.69
Accounts Payable	3.42	5.33	3.93	3.98	3.5
Accrued Expenses	9.79	14.06	11.96	17.17	13.06
Current Portion of Long-Term Debt	0.93	2.17	2.03	2.1	2.45
Current Portion of Leases	2.38	1.84	2.15	2.15	0.02
Total Current Liabilities	16.52	23.39	20.07	25.4	19.04
Long-Term Debt	212.38	202.47	204.12	204.59	205.24
Long-Term Leases	29.16	6.08	5.4	5.78	0.75
Other Long-Term Liabilities	7.58	5.39	10.49	10.78	5.8
Total Long-Term Liabilities	249.12	213.94	220	221.14	211.79
Total Liabilities	265.64	237.33	240.07	246.54	230.83
Common Stock	0.01	0.01	0.01	0.01	0
Additional Paid-in Capital	82.32	101.5	83.95	84.77	73.41
Accumulated Other Comprehensive Income	0.19	1.04	1.13	0.99	1.55
Retained Earnings	-425.1	-429.24	-433.76	-413.67	-381.03
Total Common Shareholders' Equity	-342.59	-326.7	-348.67	-327.91	-306.07
Minority Interest	407.26	380.18	361.03	354.84	336.93
Shareholders' Equity	64.67	53.48	12.36	26.93	30.86
Total Liabilities & Equity	330.31	290.81	252.43	273.47	261.69
Total Debt	244.85	212.56	213.69	214.62	208.46
Net Cash (Debt)	-213.47	-159.47	-197.63	-176.67	-163.44
Net Cash Per Share	-3.93	-3.16	-	-2.28	-
Book Value	-342.59	-326.7	-348.67	-327.91	-306.07
Book Value Per Share	-6.31	-6.47	-	-4.23	-
Tangible Book Value	-369.5	-353.53	-363.85	-342.8	-308.71
Tangible Book Value Per Share	-6.81	-7.00	-	-4.42	-

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q