Canaan Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	43.45	80.78	96.49	96.15	101.55	422.34
Cash & Short-Term Investments	43.45	80.78	96.49	96.15	101.55	422.34
Cash Growth	-55.10%	-16.28%	0.35%	-5.32%	-75.95%	508.12%
Accounts Receivable	51.56	19.29	1.51	3	-	0.06
Other Receivables	27	52.7	50.53	-	-	-
Total Trade Receivables	78.56	71.99	52.04	3	-	0.06
Inventory	139.08	180.82	94.62	142.29	211.64	127.81
Other Current Assets	94.81	99.71	90.87	122.24	242.52	279.49
Total Current Assets	355.9	433.29	334.02	363.68	555.71	829.7
Net Property, Plant & Equipment	53.53	46.91	43.66	31.16	89.6	34.06
Other Intangible Assets	0.64	0.69	0.9	-	-	-
Long-Term Investments	15.06	2.85	2.78	2.82	2.87	3.15
Other Long-Term Assets	106.93	119.15	81.65	95.64	36.78	19.24
Total Assets	532.05	602.88	463.01	493.3	684.96	886.15
Accounts Payable	20.42	25.6	13.98	6.25	16.7	22.57
Accrued Expenses	55.72	65.95	54.34	67.77	55.58	92.22
Current Portion of Long-Term Debt	21.14	28.52	16.66	-	-	-
Current Portion of Leases	1.4	1.71	1.24	1.22	2.31	2.33
Unearned Revenue	7.74	9.32	24.25	19.61	0.66	210.94
Other Current Liabilities	-	-	68.11	40.34	-	-
Total Current Liabilities	106.42	131.09	178.57	135.19	75.26	328.06
Long-Term Debt	33.37	23.73	7.28	-	-	-
Long-Term Leases	0.64	0.95	1.7	0.21	1.44	2.56
Other Long-Term Liabilities	9.69	9.75	9.21	9.71	0.6	11.36
Total Long-Term Liabilities	43.71	34.43	18.19	9.92	2.04	13.92
Total Liabilities	150.12	165.52	196.76	145.11	77.3	341.98
Common Stock	0	0	-	-	-	0
Treasury Stock	-34.57	-37.17	-57.06	-57.06	-57.06	-36.39
Additional Paid-in Capital	1,203	1,177	816.36	653.86	492.22	454.87
Accumulated Other Comprehensive Income	-51.47	-56.65	-57.46	-43.88	-36.91	-16.04
Retained Earnings	-734.61	-645.87	-435.6	-204.74	209.41	141.72
Shareholders' Equity	381.93	437.37	266.25	348.19	607.67	544.17
Total Liabilities & Equity	532.05	602.88	463.01	493.3	684.96	886.15
Total Debt	56.55	54.9	26.88	1.43	3.76	4.89
Net Cash (Debt)	-13.1	25.88	69.61	94.73	97.8	417.44
Net Cash Growth	-	-62.83%	-26.51%	-3.14%	-76.57%	600.97%
Net Cash Per Share	-0.02	0.06	0.26	0.55	0.57	2.43
Book Value	381.93	437.37	266.25	348.19	607.67	544.17
Book Value Per Share	0.68	0.93	0.98	2.02	3.54	3.17
Tangible Book Value	381.3	436.68	265.35	348.19	607.67	544.17
Tangible Book Value Per Share	0.68	0.93	0.98	2.02	3.54	3.17

SEC Filings: 10-K · 10-Q