BKV Corporation Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	83.12	14.87	25.41	153.13	134.67	17.45
Cash & Short-Term Investments	83.12	14.87	25.41	153.13	134.67	17.45
Cash Growth	165.39%	-41.48%	-83.41%	13.71%	671.95%	-
Receivables	98.57	65.85	49.06	143.95	107.64	73.95
Inventory	6.42	6.26	9.94	-	-	2.88
Prepaid Expenses	3.51	7.64	3.84	-	-	3.77
Restricted Cash	-	-	139.66	-	-	-
Other Current Assets	9.93	-	84.26	23.06	19.07	20.98
Total Current Assets	201.54	94.61	312.16	320.14	261.38	119.03
Property, Plant & Equipment	2,483	1,986	2,209	2,249	1,198	1,202
Long-Term Investments	135.73	115.17	104.75	97.89	89.32	-
Goodwill	18.42	18.42	18.42	18.42	18.42	18.42
Long-Term Deferred Tax Assets	-	-	-	-	35.5	-
Long-Term Deferred Charges	-	-	-	6.6	-	-
Other Long-Term Assets	53.76	17.31	38.45	10.15	17.97	2.72
Total Assets	2,892	2,231	2,683	2,703	1,621	1,342
Accounts Payable	88.03	53.24	47.5	74.96	32.24	8.71
Accrued Expenses	74.33	64.86	101.67	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	7.88	3.27	-	-	-	6.53
Current Income Taxes Payable	2.33	1.44	0.86	5.23	30.66	1.22
Other Current Liabilities	63.55	43.4	22.85	218.66	233.3	-
Total Current Liabilities	236.12	166.21	412.26	596.63	530.37	48.68
Long-Term Debt	486.56	165	414.66	527.04	-	-
Long-Term Leases	6.62	5.47	-	-	-	4.6
Long-Term Deferred Tax Liabilities	106.5	88.69	143.97	104.13	-	37.25
Other Long-Term Liabilities	250.41	246.15	421.49	430.73	419.37	214.18
Total Liabilities	1,086	671.51	1,392	1,659	949.74	304.71
Common Stock	1.57	1.51	1.28	1.13	1.13	1.13
Additional Paid-In Capital	1,579	1,448	1,034	896.43	933.62	968.5
Retained Earnings	218.99	117.05	259.92	150.45	-259.69	-26.77
Treasury Stock	-6.66	-6.66	-4.58	-3.97	-3.97	-
Total Common Equity	1,793	1,560	1,291	1,044	671.09	942.86
Shareholders' Equity	1,806	1,560	1,291	1,044	671.09	1,038
Total Liabilities & Equity	2,892	2,231	2,683	2,703	1,621	1,342
Total Debt	501.05	173.74	654.04	729.04	166	35.14
Net Cash (Debt)	-417.94	-158.87	-628.63	-575.91	-31.33	-17.69
Net Cash Per Share	-4.93	-2.23	-9.76	-9.29	-0.54	-0.34
Filing Date Shares Outstanding	89.76	84.49	63.66	58.46	56.18	52.64
Total Common Shares Outstanding	89.76	84.39	63.66	58.46	56.18	52.64
Working Capital	-34.58	-71.6	-100.1	-276.49	-268.99	70.35
Book Value Per Share	19.98	18.48	20.28	17.86	11.95	17.91
Tangible Book Value	1,775	1,541	1,272	1,026	652.68	924.44
Tangible Book Value Per Share	19.77	18.26	19.99	17.54	11.62	17.56
Land	3.09	3.09	3.09	3.09	3.09	3.09
Buildings	6.75	15.71	15.71	16.79	12.68	12.68
Machinery	20.42	19.31	15.1	14.37	6.56	4.05
Construction In Progress	5.69	3.58	0.08	9.85	-	-
Leasehold Improvements	1.69	1.69	1.69	1.63	1.57	1.12

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q