Cadiz 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	8.6	17.29	4.5	11.29	12.25
Cash & Short-Term Investments	8.6	17.29	4.5	11.29	12.25
Cash Growth	-50.27%	284.10%	-60.11%	-7.90%	68.08%
Accounts Receivable	5.61	4.59	0.9	0.45	0.27
Inventory	1.14	3.02	2.11	0.32	-
Other Current Assets	0.7	0.89	0.51	0.38	0.69
Total Current Assets	16.05	25.79	8.02	12.44	13.21
Net Property, Plant & Equipment	98.78	92.11	87.65	84.69	82.17
Goodwill	5.71	5.71	5.71	5.71	3.81
Long-Term Investments	-	-	-	-	0.98
Other Long-Term Assets	20.37	10.89	5.99	7.95	12.32
Total Assets	140.91	134.49	107.37	110.79	112.49
Accounts Payable	3.78	2.26	1.25	1.11	0.29
Accrued Expenses	2.37	8	1.17	1.55	0.81
Current Portion of Long-Term Debt	0.05	0.12	0.18	0.14	0.11
Current Portion of Leases	0.36	0.31	0.13	0.11	0.02
Unearned Revenue	0.31	1.23	0.37	-	-
Other Current Liabilities	6.32	2.49	2.74	2.74	1.29
Total Current Liabilities	13.19	14.41	5.84	5.64	2.51
Long-Term Debt	72.71	56.71	37.71	48.95	46.48
Long-Term Leases	31.09	28.75	23.2	21.19	22.11
Other Long-Term Liabilities	0.68	0.67	0.67	0.79	0.78
Total Long-Term Liabilities	104.47	86.13	61.57	70.93	69.37
Total Liabilities	117.66	100.53	67.41	76.56	71.88
Preferred Stock	0	0	0	0	0
Common Stock	0.83	0.75	0.67	0.56	0.44
Additional Paid-in Capital	714.62	709.3	679.15	636.96	613.57
Retained Earnings	-692.19	-676.1	-639.85	-603.3	-573.4
Shareholders' Equity	23.26	33.96	39.97	34.22	40.61
Total Liabilities & Equity	140.91	134.49	107.37	110.79	112.49
Total Debt	104.21	85.89	61.22	70.39	68.72
Net Cash (Debt)	-95.61	-68.6	-56.71	-59.1	-56.47
Net Cash Per Share	-1.18	-1.00	-0.86	-1.19	-1.39
Book Value	23.26	33.96	39.97	34.22	40.61
Book Value Per Share	0.29	0.49	0.61	0.69	1.00
Tangible Book Value	17.54	28.25	34.25	28.51	36.8
Tangible Book Value Per Share	0.22	0.41	0.52	0.57	0.91

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

SEC Filings: 10-K · 10-Q