ESS Tech 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	14.48	13.34	20.17	34.77	238.94
Short-Term Investments	7.56	18.26	87.9	105.05	-
Cash & Short-Term Investments	22.03	31.6	108.06	139.81	238.94
Cash Growth	-30.28%	-70.75%	-22.71%	-41.49%	4775.33%
Accounts Receivable	0.01	0.22	1.99	4.95	0.52
Inventory	0.14	5.64	3.37	-	-
Other Current Assets	4.06	5.9	4.68	6.87	6.06
Total Current Assets	26.25	43.36	118.1	151.64	245.52
Net Property, Plant & Equipment	20.99	22.09	18.43	20.97	4.5
Other Intangible Assets	2.68	4.66	4.92	-	-
Other Long-Term Assets	1.25	1.71	1.78	0.95	0.18
Total Assets	51.17	71.81	143.23	173.55	250.2
Accounts Payable	3.02	8.07	2.76	3.04	1.57
Accrued Expenses	12.08	12.6	12.88	15.77	6.49
Short-Term Debt	8.04	-	-	1.6	1.9
Current Portion of Leases	1.78	1.69	1.58	1.42	-
Unearned Revenue	0.36	5.24	2.55	6.17	3.66
Total Current Liabilities	25.29	27.6	19.77	27.99	13.62
Long-Term Debt	9.29	-	-	0.32	1.87
Long-Term Leases	2.06	-	0.96	2.54	-
Other Long-Term Liabilities	5.91	15.33	19.15	5.74	29.55
Total Long-Term Liabilities	17.26	15.33	20.11	8.59	31.42
Total Liabilities	42.55	42.93	39.88	36.58	45.04
Common Stock	0	0	0	0	0.02
Additional Paid-in Capital	854.44	811.26	799.51	755.54	745.75
Retained Earnings	-845.82	-782.38	-696.16	-618.58	-540.61
Shareholders' Equity	8.62	28.88	103.36	136.96	205.16
Total Liabilities & Equity	51.17	71.81	143.23	173.55	250.2
Total Debt	21.18	1.69	2.54	5.87	3.77
Net Cash (Debt)	0.86	29.91	105.53	133.94	235.17
Net Cash Growth	-97.14%	-71.65%	-21.22%	-43.04%	-
Net Cash Per Share	0.06	2.54	9.90	13.16	42.37
Book Value	8.62	28.88	103.36	136.96	205.16
Book Value Per Share	0.59	2.45	9.69	13.46	36.96
Tangible Book Value	5.94	24.23	98.43	136.96	205.16
Tangible Book Value Per Share	0.41	2.06	9.23	13.46	36.96

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

SEC Filings: 10-K · 10-Q