ESS Tech 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	Jun '26 Jun 30, 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	10.85	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	10.85	22.03	31.6	108.06	139.81	238.94
Cash Growth	1261.10%	-30.28%	-70.75%	-22.71%	-41.49%	4775.33%
Accounts Receivable	0.62	0.63	0.55	2.24	4.95	0.52
Other Receivables	-	0.82	1.87	0.82	-	-
Receivables	0.62	1.45	2.42	3.07	4.95	0.52
Inventory	0.11	0.14	5.64	3.37	-	-
Prepaid Expenses	1.2	0.93	0.95	0.52	2.03	3.48
Restricted Cash	0.81	0.81	0.91	1.37	1.21	1.22
Other Current Assets	-	0.89	1.85	1.71	3.62	1.36
Total Current Assets	13.59	26.25	43.36	118.1	151.64	245.52
Property, Plant & Equipment	14.7	20.99	22.09	18.25	20.79	4.5
Other Intangible Assets	2.55	2.68	4.66	5.11	0.18	-
Other Long-Term Assets	1.64	1.25	1.71	1.78	0.95	0.18
Total Assets	32.48	51.17	71.81	143.23	173.55	250.2
Accounts Payable	1.23	3.02	8.07	2.76	3.04	1.57
Accrued Expenses	2.57	2.45	7.68	8.57	10.85	5.8
Current Portion of Long-Term Debt	-	-	-	-	1.6	1.9
Current Portion of Leases	7.68	9.83	1.69	1.58	1.42	-
Current Unearned Revenue	0.28	0.36	5.24	2.55	6.17	3.66
Other Current Liabilities	8.23	9.63	4.92	4.32	4.92	0.68
Total Current Liabilities	20	25.29	27.6	19.77	27.99	13.62
Long-Term Debt	-	-	-	-	0.32	1.87
Long-Term Leases	9.77	11.35	-	0.96	2.54	-
Long-Term Unearned Revenue	5.3	5.3	14.4	18.24	2.44	-
Other Long-Term Liabilities	0.09	0.61	0.93	0.92	3.29	29.55
Total Liabilities	35.16	42.55	42.93	39.88	36.58	45.04
Common Stock	0	0	0	0	0.02	0.02
Additional Paid-In Capital	874.6	854.44	811.26	799.51	755.54	745.75
Retained Earnings	-877.29	-845.82	-782.38	-696.16	-618.58	-540.61
Total Common Equity	-2.69	8.62	28.88	103.36	136.97	205.16
Shareholders' Equity	-2.69	8.62	28.88	103.36	136.97	205.16
Total Liabilities & Equity	32.48	51.17	71.81	143.23	173.55	250.2
Total Debt	17.46	21.18	1.69	2.54	5.87	3.77
Net Cash (Debt)	-6.61	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	-0.27	0.06	2.54	9.90	13.16	42.37
Filing Date Shares Outstanding	32.97	27.17	12.1	11.66	10.29	10.17
Total Common Shares Outstanding	32.89	22.38	11.99	11.61	10.25	10.12
Working Capital	-6.41	0.96	15.76	98.33	123.64	231.9
Book Value Per Share	-0.08	0.39	2.41	8.90	13.36	20.27
Tangible Book Value	-5.24	5.94	24.23	98.25	136.79	205.16
Tangible Book Value Per Share	-0.16	0.27	2.02	8.46	13.34	20.27
Machinery	24.67	24.64	23.54	17.85	13.88	2.96
Construction In Progress	6	4.3	3.72	4.28	3.23	2.52
Leasehold Improvements	6.62	6.51	6.23	3.23	3.12	0.75

SEC Filings: 10-K · 10-Q