Cadiz 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	16.54	8.6	17.29	4.5	11.29	12.25
Cash & Short-Term Investments	16.54	8.6	17.29	4.5	11.29	12.25
Cash Growth	-23.34%	-50.27%	284.10%	-60.11%	-7.90%	68.08%
Accounts Receivable	4.74	5.61	4.59	0.9	0.45	0.27
Inventory	1.47	1.14	3.02	2.11	0.32	-
Other Current Assets	0.98	0.7	0.89	0.51	0.38	0.69
Total Current Assets	23.72	16.05	25.79	8.02	12.44	13.21
Net Property, Plant & Equipment	99.68	98.78	92.11	87.65	84.69	82.17
Goodwill	5.71	5.71	5.71	5.71	5.71	3.81
Long-Term Investments	-	-	-	-	-	0.98
Other Long-Term Assets	17.01	20.37	10.89	5.99	7.95	12.32
Total Assets	146.12	140.91	134.49	107.37	110.79	112.49
Accounts Payable	5.34	3.78	2.26	1.25	1.11	0.29
Accrued Expenses	2.9	2.37	8	1.17	1.55	0.81
Current Portion of Long-Term Debt	0.03	0.05	0.12	0.18	0.14	0.11
Current Portion of Leases	0.34	0.36	0.31	0.13	0.11	0.02
Unearned Revenue	0.18	0.31	1.23	0.37	-	-
Other Current Liabilities	3.85	6.32	2.49	2.74	2.74	1.29
Total Current Liabilities	12.64	13.19	14.41	5.84	5.64	2.51
Long-Term Debt	85.6	72.71	56.71	37.71	48.95	46.48
Long-Term Leases	31.6	31.09	28.75	23.2	21.19	22.11
Other Long-Term Liabilities	0.68	0.68	0.67	0.67	0.79	0.78
Total Long-Term Liabilities	117.87	104.47	86.13	61.57	70.93	69.37
Total Liabilities	130.51	117.66	100.53	67.41	76.56	71.88
Preferred Stock	0	0	0	0	0	0
Common Stock	0.84	0.83	0.75	0.67	0.56	0.44
Additional Paid-in Capital	715.6	714.62	709.3	679.15	636.96	613.57
Retained Earnings	-700.83	-692.19	-676.1	-639.85	-603.3	-573.4
Shareholders' Equity	15.61	23.26	33.96	39.97	34.22	40.61
Total Liabilities & Equity	146.12	140.91	134.49	107.37	110.79	112.49
Total Debt	117.57	104.21	85.89	61.22	70.39	68.72
Net Cash (Debt)	-101.03	-95.61	-68.6	-56.71	-59.1	-56.47
Net Cash Per Share	-1.22	-1.18	-1.00	-0.86	-1.19	-1.39
Book Value	15.61	23.26	33.96	39.97	34.22	40.61
Book Value Per Share	0.19	0.29	0.49	0.61	0.69	1.00
Tangible Book Value	9.9	17.54	28.25	34.25	28.51	36.8
Tangible Book Value Per Share	0.12	0.22	0.41	0.52	0.57	0.91

Updated May 14, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q