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	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	15.49	14.48	13.34	20.17	34.77	238.94
Short-Term Investments	5.97	7.56	18.26	87.9	105.05	-
Cash & Short-Term Investments	21.46	22.03	31.6	108.06	139.81	238.94
Cash Growth	67.60%	-30.28%	-70.75%	-22.71%	-41.49%	4775.33%
Accounts Receivable	0.04	0.01	0.22	1.99	4.95	0.52
Inventory	0.12	0.14	5.64	3.37	-	-
Other Current Assets	3.16	4.06	5.9	4.68	6.87	6.06
Total Current Assets	24.77	26.25	43.36	118.1	151.64	245.52
Net Property, Plant & Equipment	19.63	20.99	22.09	18.43	20.97	4.5
Other Intangible Assets	2.62	2.68	4.66	4.92	-	-
Other Long-Term Assets	1.55	1.25	1.71	1.78	0.95	0.18
Total Assets	48.57	51.17	71.81	143.23	173.55	250.2
Accounts Payable	1.33	3.02	8.07	2.76	3.04	1.57
Accrued Expenses	10.44	12.08	12.6	12.88	15.77	6.49
Short-Term Debt	9.05	8.04	-	-	1.6	1.9
Current Portion of Leases	1.85	1.78	1.69	1.58	1.42	-
Unearned Revenue	0.35	0.36	5.24	2.55	6.17	3.66
Total Current Liabilities	23.01	25.29	27.6	19.77	27.99	13.62
Long-Term Debt	8.99	9.29	-	-	0.32	1.87
Long-Term Leases	1.57	2.06	-	0.96	2.54	-
Other Long-Term Liabilities	5.56	5.91	15.33	19.15	5.74	29.55
Total Long-Term Liabilities	16.11	17.26	15.33	20.11	8.59	31.42
Total Liabilities	39.13	42.55	42.93	39.88	36.58	45.04
Common Stock	0	0	0	0	0	0.02
Additional Paid-in Capital	871.18	854.44	811.26	799.51	755.54	745.75
Retained Earnings	-861.74	-845.82	-782.38	-696.16	-618.58	-540.61
Shareholders' Equity	9.45	8.62	28.88	103.36	136.96	205.16
Total Liabilities & Equity	48.57	51.17	71.81	143.23	173.55	250.2
Total Debt	21.45	21.18	1.69	2.54	5.87	3.77
Net Cash (Debt)	0	0.86	29.91	105.53	133.94	235.17
Net Cash Growth	-99.88%	-97.14%	-71.65%	-21.22%	-43.04%	-
Net Cash Per Share	-	0.06	2.54	9.90	13.16	42.37
Book Value	9.45	8.62	28.88	103.36	136.96	205.16
Book Value Per Share	0.50	0.59	2.45	9.69	13.46	36.96
Tangible Book Value	6.83	5.94	24.23	98.43	136.96	205.16
Tangible Book Value Per Share	0.36	0.41	2.06	9.23	13.46	36.96

SEC Filings: 10-K · 10-Q