Fusemachines Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	0.11	0.5	0.27	0.9
Cash & Short-Term Investments	0.11	0.5	0.27	0.9
Cash Growth	-60.15%	87.97%	-70.54%	-
Accounts Receivable	1.28	1.53	1.17	0.96
Other Receivables	-	0.1	0.09	0.05
Receivables	1.28	1.63	1.25	1.01
Prepaid Expenses	0.24	0.09	0.05	0.03
Other Current Assets	1.89	1.9	0.23	0.03
Total Current Assets	3.52	4.12	1.79	1.97
Property, Plant & Equipment	1.05	1.22	1.42	1.36
Other Intangible Assets	0.19	0.19	0.11	0.03
Long-Term Accounts Receivable	-	0	0.02	-
Long-Term Deferred Tax Assets	0.01	0.01	-	-
Long-Term Deferred Charges	-	0.01	0	-
Other Long-Term Assets	0.01	-	0	0
Total Assets	4.78	5.54	3.35	3.36
Accounts Payable	8.52	6.54	1.17	0.56
Accrued Expenses	3.82	3.45	1.81	0.7
Current Portion of Long-Term Debt	18.17	9.94	0.19	0.4
Current Portion of Leases	0.08	0.07	0.09	0.03
Current Unearned Revenue	-	0.05	0.02	0.19
Other Current Liabilities	0.29	0.24	0.16	0.08
Total Current Liabilities	30.88	20.3	3.43	1.96
Long-Term Debt	0.18	6.72	6.03	3.33
Long-Term Leases	0.78	0.88	0.98	1.06
Other Long-Term Liabilities	1.88	1.95	1.38	0.89
Total Liabilities	33.72	29.85	11.82	7.23
Common Stock	0	0	0	0
Additional Paid-In Capital	5.27	4.7	2.31	0.15
Retained Earnings	-39.43	-34.22	-18.83	-12.07
Treasury Stock	-2.9	-2.9	-	-
Comprehensive Income & Other	0.26	0.25	0.19	0.2
Total Common Equity	-36.81	-32.17	-16.33	-11.72
Shareholders' Equity	-28.94	-24.31	-8.47	-3.88
Total Liabilities & Equity	4.78	5.54	3.35	3.36
Total Debt	19.21	17.62	7.28	4.8
Net Cash (Debt)	-19.1	-17.12	-7.02	-3.9
Net Cash Per Share	-1.71	-1.62	-0.76	-0.42
Filing Date Shares Outstanding	28.94	11.04	9.22	9.22
Total Common Shares Outstanding	12.06	11.04	9.22	9.22
Working Capital	-27.36	-16.18	-1.64	0.01
Book Value Per Share	-3.05	-2.91	-1.77	-1.27
Tangible Book Value	-37	-32.36	-16.45	-11.75
Tangible Book Value Per Share	-3.07	-2.93	-1.78	-1.27
Buildings	-	0.17	0.16	-
Machinery	0.69	0.54	0.54	0.47
Leasehold Improvements	0.09	0.09	0.08	0.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q