Canaan 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	80.78	96.49	96.15	101.55	422.34
Cash & Short-Term Investments	80.78	96.49	96.15	101.55	422.34
Cash Growth	-16.28%	0.35%	-5.32%	-75.95%	508.12%
Accounts Receivable	19.29	1.51	3	-	0.06
Other Receivables	52.7	50.53	-	-	-
Total Trade Receivables	71.99	52.04	3	-	0.06
Inventory	180.82	94.62	142.29	211.64	127.81
Other Current Assets	99.71	90.87	122.24	242.52	279.49
Total Current Assets	433.29	334.02	363.68	555.71	829.7
Net Property, Plant & Equipment	46.91	43.66	31.16	89.6	34.06
Other Intangible Assets	0.69	0.9	-	-	-
Long-Term Investments	2.85	2.78	2.82	2.87	3.15
Other Long-Term Assets	119.15	81.65	95.64	36.78	19.24
Total Assets	602.88	463.01	493.3	684.96	886.15
Accounts Payable	25.6	13.98	6.25	16.7	22.57
Accrued Expenses	65.95	54.34	67.77	55.58	92.22
Short-Term Debt	-	16.66	-	-	-
Current Portion of Long-Term Debt	28.52	16.66	-	-	-
Current Portion of Leases	1.71	1.24	1.22	2.31	2.33
Unearned Revenue	9.32	24.25	19.61	0.66	210.94
Other Current Liabilities	-	136.23	40.34	-	-
Total Current Liabilities	131.09	178.57	135.19	75.26	328.06
Long-Term Debt	23.73	7.28	-	-	-
Long-Term Leases	0.95	1.7	0.21	1.44	2.56
Other Long-Term Liabilities	9.75	9.21	9.71	0.6	11.36
Total Long-Term Liabilities	34.43	18.19	9.92	2.04	13.92
Total Liabilities	165.52	393.51	145.11	77.3	341.98
Common Stock	0	-	-	-	0
Treasury Stock	-37.17	-57.06	-57.06	-57.06	-36.39
Additional Paid-in Capital	1,177	816.36	653.86	492.22	454.87
Accumulated Other Comprehensive Income	-56.65	-57.46	-43.88	-36.91	-16.04
Retained Earnings	-645.87	-435.6	-204.74	209.41	141.72
Shareholders' Equity	437.37	266.25	348.19	607.67	544.17
Total Liabilities & Equity	602.88	463.01	493.3	684.96	886.15
Total Debt	54.9	43.53	1.43	3.76	4.89
Net Cash (Debt)	25.88	52.96	94.73	97.8	417.44
Net Cash Growth	-51.13%	-44.10%	-3.14%	-76.57%	600.97%
Net Cash Per Share	0.06	0.20	0.55	0.57	2.43
Book Value	437.37	266.25	348.19	607.67	544.17
Book Value Per Share	0.93	0.98	2.02	3.54	3.17
Tangible Book Value	436.68	265.35	348.19	607.67	544.17
Tangible Book Value Per Share	0.93	0.98	2.02	3.54	3.17

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

SEC Filings: 10-K · 10-Q