BKV Corporation 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
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
Cash & Equivalents	31.32	25.41	153.13	134.67	17.45
Cash & Short-Term Investments	31.32	25.41	153.13	134.67	17.45
Cash Growth	-42.15%	-83.41%	13.71%	671.95%	-
Receivables	60.57	49.06	143.95	107.64	73.95
Inventory	-	-	-	-	2.88
Prepaid Expenses	-	-	-	-	3.77
Restricted Cash	-	139.66	-	-	-
Other Current Assets	33.84	98.03	23.06	19.07	20.98
Total Current Assets	125.73	312.16	320.14	261.38	119.03
Property, Plant & Equipment	1,969	2,209	2,249	1,198	1,202
Long-Term Investments	132.35	104.75	97.89	89.32	-
Goodwill	18.42	18.42	18.42	18.42	18.42
Long-Term Deferred Tax Assets	-	-	-	35.5	-
Long-Term Deferred Charges	-	8.9	6.6	-	-
Other Long-Term Assets	22.31	29.55	10.15	17.97	2.72
Total Assets	2,268	2,683	2,703	1,621	1,342
Accounts Payable	112.18	47.5	74.96	32.24	8.71
Accrued Expenses	-	101.32	95.79	68.17	8.22
Short-Term Debt	-	127	90	166	24
Current Portion of Long-Term Debt	-	112.37	112	-	-
Current Portion of Leases	-	-	-	-	6.53
Current Income Taxes Payable	2.07	0.86	5.23	30.66	1.22
Other Current Liabilities	24.75	23.2	218.66	233.3	-
Total Current Liabilities	139	412.26	596.63	530.37	48.68
Long-Term Debt	190	414.66	527.04	-	-
Long-Term Leases	-	-	-	-	4.6
Long-Term Deferred Tax Liabilities	105.25	136.52	104.13	-	37.25
Other Long-Term Liabilities	234.08	421.49	430.73	419.37	214.18
Total Liabilities	668.33	1,385	1,659	949.74	304.71
Common Stock	1.51	1.28	1.13	1.13	1.13
Additional Paid-In Capital	1,422	1,034	896.43	933.62	968.5
Retained Earnings	181.96	267.37	150.45	-259.69	-26.77
Treasury Stock	-6.66	-4.58	-3.97	-3.97	-
Total Common Equity	1,599	1,298	1,044	671.09	942.86
Shareholders' Equity	1,599	1,298	1,044	671.09	1,038
Total Liabilities & Equity	2,268	2,683	2,703	1,621	1,342
Total Debt	190	654.04	729.04	166	35.14
Net Cash (Debt)	-158.68	-628.63	-575.91	-31.33	-17.69
Net Cash Per Share	-2.38	-9.76	-9.29	-0.54	-0.34
Filing Date Shares Outstanding	83.69	63.66	58.46	56.18	52.64
Total Common Shares Outstanding	83.69	63.66	58.46	56.18	52.64
Working Capital	-13.27	-100.1	-276.49	-268.99	70.35
Book Value Per Share	19.11	20.39	17.86	11.95	17.91
Tangible Book Value	1,581	1,280	1,026	652.68	924.44
Tangible Book Value Per Share	18.89	20.10	17.54	11.62	17.56
Land	-	3.09	3.09	3.09	3.09
Buildings	-	15.71	16.79	12.68	12.68
Machinery	-	15.1	14.37	6.56	4.05
Construction In Progress	-	0.08	9.85	-	-
Leasehold Improvements	-	1.69	1.63	1.57	1.12

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