Harmonic 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 26, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	127.38	101.46	84.27	89.59	133.43	98.65
Cash & Short-Term Investments	127.38	101.46	84.27	89.59	133.43	98.65
Cash Growth	118.96%	20.40%	-5.93%	-32.86%	35.26%	6.00%
Accounts Receivable	108.89	182.3	146.3	114.01	96.63	76.03
Receivables	108.89	182.3	146.3	114.01	96.63	76.03
Inventory	68.6	64	83.98	120.95	71.2	35.03
Prepaid Expenses	12.1	4.22	3.79	5.56	19.96	11.45
Restricted Cash	-	0.33	-	-	-	-
Other Current Assets	10.07	13.76	12.39	15.2	1.91	16.88
Total Current Assets	327.03	366.08	330.73	345.3	323.13	238.04
Property, Plant & Equipment	39.92	39.23	57.5	65.28	73.69	70.7
Goodwill	241.77	236.88	239.15	237.74	240.21	243.67
Long-Term Deferred Tax Assets	115.45	121.03	104.71	11.78	-	-
Long-Term Deferred Charges	-	1.41	1.94	1.34	1.64	1.29
Other Long-Term Assets	34.43	31.89	34.17	48.58	55.02	37.83
Total Assets	758.6	796.51	768.21	710.02	693.69	591.52
Accounts Payable	23.27	35.25	38.56	67.46	64.43	23.54
Accrued Expenses	33.64	25.05	22.78	29.68	26.82	23.13
Current Portion of Long-Term Debt	8.7	7.14	119.8	118.74	41.82	11.77
Current Portion of Leases	5.96	5.68	6.79	6.77	7.35	7.35
Current Income Taxes Payable	0.98	11.73	4.41	-	-	-
Current Unearned Revenue	49.52	47.07	46.22	62.38	57.23	54.29
Other Current Liabilities	35.03	35.66	33.84	37.05	26.82	27.2
Total Current Liabilities	157.1	167.57	272.39	322.07	224.46	147.3
Long-Term Debt	117.93	120.78	10.5	11.16	112.81	139.57
Long-Term Leases	13.97	14.73	18.97	24.11	29.12	26.09
Long-Term Unearned Revenue	9.45	10.2	13.49	18.09	20.94	9.24
Pension & Post-Retirement Benefits	-	4.53	5.56	5.04	5.97	6.01
Other Long-Term Liabilities	17.14	13.44	10.43	5.04	4.47	5.01
Total Liabilities	315.58	331.25	331.33	385.51	397.77	333.22
Common Stock	0.11	0.12	0.11	0.11	0.1	0.1
Additional Paid-In Capital	2,458	2,433	2,405	2,381	2,387	2,354
Retained Earnings	-2,008	-1,953	-1,963	-2,047	-2,088	-2,101
Comprehensive Income & Other	-7.17	-14.1	-5.71	-9.69	-3.27	5.86
Shareholders' Equity	443.01	465.26	436.87	324.51	295.91	258.3
Total Liabilities & Equity	758.6	796.51	768.21	710.02	693.69	591.52
Total Debt	146.56	148.32	156.05	160.78	191.1	184.79
Net Cash (Debt)	-19.19	-46.86	-71.78	-71.2	-57.66	-86.14
Net Cash Per Share	-0.17	-0.40	-0.61	-0.63	-0.54	-0.89
Filing Date Shares Outstanding	112.23	117.05	111.91	111.07	103.74	100.85
Total Common Shares Outstanding	112.22	116.74	112.41	109.87	102.96	98.2
Working Capital	169.93	198.51	58.34	23.23	98.67	90.74
Book Value Per Share	3.95	3.99	3.89	2.95	2.87	2.63
Tangible Book Value	201.24	228.38	197.72	86.77	55.7	14.63
Tangible Book Value Per Share	1.79	1.96	1.76	0.79	0.54	0.15
Machinery	84.32	80.29	77.21	78.33	81.28	75.64
Construction In Progress	2.94	1.08	1.79	2.69	1.89	2.21
Leasehold Improvements	24.84	25.7	40.93	39.2	40.66	38.72
Order Backlog	-	496.3	653.2	-	-	-

Updated Sep 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q