HCW Biologics Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	1	3.6	22.33	11.73	8.46	7.36
Short-Term Investments	-	-	9.74	24.98	-	-
Cash & Short-Term Investments	1	3.6	32.06	36.71	8.46	7.36
Cash Growth	-91.10%	-88.79%	-12.67%	334.19%	14.95%	-
Accounts Receivable	0.65	1.54	0.42	-	2.5	-
Other Receivables	-	-	-	0.13	-	-
Receivables	0.65	1.54	0.42	0.13	2.5	-
Prepaid Expenses	0.36	1.04	1.39	2.2	0.54	0.44
Other Current Assets	0.09	0.23	0.2	1.44	0.65	0.24
Total Current Assets	2.09	6.4	34.07	40.48	12.15	8.03
Property, Plant & Equipment	22.83	20.48	10.8	1.12	1.62	2
Long-Term Investments	1.6	1.6	1.6	11.52	1.6	-
Other Long-Term Assets	0.03	0.03	0.33	0.39	0.03	0.03
Total Assets	26.56	28.51	46.81	53.51	15.4	10.07
Accounts Payable	22.67	6.17	1.23	0.22	0.16	0.39
Accrued Expenses	1.18	2.43	1.55	0.3	0.28	0.67
Short-Term Debt	-	-	-	-	0.57	-
Current Portion of Long-Term Debt	-	0.12	-	-	-	-
Current Portion of Leases	-	0.03	0.18	-	-	-
Current Unearned Revenue	-	-	-	1.8	-	-
Total Current Liabilities	23.85	8.75	2.96	2.32	1	1.07
Long-Term Debt	12.68	6.3	6.41	-	-	-
Long-Term Leases	-	-	0.01	-	-	-
Total Liabilities	36.53	15.05	9.38	2.32	1	1.07
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	87.21	83.99	82.96	81.83	-	-
Retained Earnings	-97.18	-70.53	-45.54	-30.64	-16.72	-9.68
Total Common Equity	-9.97	13.46	37.43	51.19	-16.72	-9.68
Shareholders' Equity	-9.97	13.46	37.43	51.19	14.4	9
Total Liabilities & Equity	26.56	28.51	46.81	53.51	15.4	10.07
Total Debt	12.68	6.45	6.6	-	0.57	-
Net Cash (Debt)	-11.68	-2.86	25.46	36.71	7.89	7.36
Net Cash Growth	-	-	-30.65%	365.41%	7.24%	-
Net Cash Per Share	-0.31	-0.08	0.71	1.96	1.66	1.72
Filing Date Shares Outstanding	37.82	37.82	35.89	35.78	4.79	4.29
Total Common Shares Outstanding	37.82	36.03	35.88	35.77	4.79	4.29
Working Capital	-21.75	-2.34	31.11	38.16	11.15	6.96
Book Value Per Share	-0.26	0.37	1.04	1.43	-3.49	-2.26
Tangible Book Value	-9.97	13.46	37.43	51.19	-16.72	-9.68
Tangible Book Value Per Share	-0.26	0.37	1.04	1.43	-3.49	-2.26
Land	-	2.15	2.15	-	-	-
Buildings	-	6.11	6.11	-	-	-
Machinery	-	2.66	2.62	2.42	2.37	2.19
Construction In Progress	-	10.44	0.05	-	-	-
Leasehold Improvements	-	0.35	0.35	0.35	0.35	0.35

Source: S&P Capital IQ. Standard template. Financial Sources.