Cadiz Inc. (CDZI)

Cadiz Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3.33	4.5	10	10.97	7.29	15.68
Accounts Receivable	3.24	0.9	0.45	0.27	0.06	0.05
Inventory	4.35	2.11	0.32	-	-	-
Prepaid Expenses	1.09	0.51	0.38	0.69	0.69	0.39
Restricted Cash	-	-	1.29	1.29	-	-
Total Current Assets	12.01	8.02	12.44	13.21	8.04	16.12
Property, Plant & Equipment	88.95	87.65	84.69	82.17	53.5	50.01
Goodwill	5.71	5.71	5.71	3.81	3.81	3.81
Long-Term Investments	-	-	-	0.98	1.35	0.73
Long-Term Deferred Charges	-	4.37	4.48	4.3	4.11	3.93
Other Long-Term Assets	5.89	1.63	3.47	8.02	3.55	2.13
Total Assets	112.55	107.37	110.79	112.49	74.36	76.72
Accounts Payable	1.79	1.25	1.11	0.29	0.55	0.19
Accrued Expenses	1.99	1.17	1.55	0.81	0.67	4.54
Current Portion of Long-Term Debt	0.14	0.18	0.14	0.11	0.05	0.03
Current Unearned Revenue	2.03	0.37	-	-	-	-
Current Portion of Leases	0.19	0.13	0.11	0.02	0.02	0.04
Other Current Liabilities	2.72	2.74	2.74	1.29	1.85	-
Total Current Liabilities	8.85	5.84	5.64	2.51	3.14	4.81
Long-Term Debt	55.7	37.71	48.95	46.48	78.6	137.57
Long-Term Leases	26.64	23.2	21.19	22.11	17.18	15.72
Long-Term Unearned Revenue	0.63	0.63	0.75	0.75	0.75	0.75
Other Long-Term Liabilities	0.04	0.04	0.04	0.03	-	-
Total Liabilities	91.85	67.41	76.56	71.88	99.66	158.84
Total Preferred Equity	0	0	0	0	0	-
Common Stock	0.68	0.67	0.56	0.44	0.37	0.29
Additional Paid-In Capital	686.2	679.15	636.96	613.57	513.74	419.19
Retained Earnings	-666.18	-639.85	-603.3	-573.4	-539.41	-501.6
Total Common Equity	20.7	39.97	34.22	40.61	-25.3	-82.12
Shareholders' Equity	20.7	39.97	34.22	40.61	-25.3	-82.12
Total Liabilities & Equity	112.55	107.37	110.79	112.49	74.36	76.72
Total Debt	82.66	61.22	70.39	68.72	95.85	153.36
Net Cash (Debt)	-79.34	-56.71	-60.39	-57.76	-88.56	-137.68
Net Cash Per Share	-1.18	-0.86	-1.21	-1.42	-2.59	-5.19
Filing Date Shares Outstanding	75.18	67.06	66.54	50.75	38.34	34.39
Total Common Shares Outstanding	68.1	66.71	55.82	43.66	36.9	28.48
Working Capital	3.16	2.19	6.8	10.7	4.9	11.31
Book Value Per Share	0.30	0.60	0.61	0.93	-0.69	-2.88
Tangible Book Value	14.98	34.25	28.51	36.8	-29.12	-85.93
Tangible Book Value Per Share	0.22	0.51	0.51	0.84	-0.79	-3.02
Land	33	32.36	30.58	27.55	26.8	25.06
Buildings	1.81	1.73	1.72	1.6	1.58	1.58
Machinery	4.07	3.93	3.4	2.2	2.49	2
Construction In Progress	5.11	5.66	3.68	3.13	0.79	0.3

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