C3is Inc. (CISS)

C3is Inc. Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	0.62	4.64	0.7	-
Short-Term Investments	14.32	7.95	8.37	-
Cash & Short-Term Investments	14.94	12.59	9.06	-
Cash Growth	18.68%	38.90%	-	-
Accounts Receivable	4.26	2.82	10.44	0.67
Other Receivables	-	-	-	0.15
Receivables	4.26	2.82	10.44	0.82
Inventory	1.31	0.88	0.69	0.17
Other Current Assets	0.32	0.05	0.11	0.04
Total Current Assets	20.84	16.34	20.31	1.02
Property, Plant & Equipment	77.65	84.15	75.16	38.84
Total Assets	98.49	100.49	95.47	39.86
Accounts Payable	1.8	0.91	0.55	0.79
Accrued Expenses	0.91	2.71	1.1	0.17
Current Portion of Leases	0.02	0.03	-	-
Current Unearned Revenue	0.24	0.16	0.22	-
Other Current Liabilities	0.38	14.88	38.07	-
Total Current Liabilities	3.36	18.69	39.93	0.97
Other Long-Term Liabilities	0.03	10.44	-	-
Total Liabilities	3.39	29.13	39.93	0.97
Common Stock	0.01	0.01	0	38.89
Additional Paid-In Capital	90.6	71.09	47.19	-
Retained Earnings	4.49	0.26	8.35	-
Total Common Equity	95.09	71.36	55.54	38.89
Shareholders' Equity	95.1	71.36	55.54	38.89
Total Liabilities & Equity	98.49	100.49	95.47	39.86
Total Debt	0.02	0.03	-	-
Net Cash (Debt)	14.92	12.56	9.06	-
Net Cash Growth	18.75%	38.58%	-	-
Net Cash Per Share	42.68	799.15	-	-
Filing Date Shares Outstanding	0.23	0.04	0.02	-
Total Common Shares Outstanding	0.23	0.04	-	-
Working Capital	17.48	-2.35	-19.62	0.06
Book Value Per Share	413.36	2019.96	-	-
Tangible Book Value	95.09	71.36	55.54	38.89
Tangible Book Value Per Share	413.36	2019.96	-	-
Machinery	-	94.99	79.82	39.39

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q