Horizon Quantum Holdings Ltd. (HQ)

Horizon Quantum Holdings Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Cash & Equivalents	0.29	6.62	16.51
Cash & Short-Term Investments	0.29	6.62	16.51
Cash Growth	-95.67%	-59.88%	-
Receivables	-	0.37	-
Prepaid Expenses	0.34	0.26	0.52
Other Current Assets	0.62	0.77	-
Total Current Assets	1.25	8.02	17.03
Property, Plant & Equipment	4.71	3.75	0.84
Other Intangible Assets	0.03	0.03	0.04
Other Long-Term Assets	0.23	0.1	0.04
Total Assets	6.21	11.9	17.96
Accrued Expenses	2.54	0.21	0.17
Current Portion of Leases	0.51	0.36	0.03
Other Current Liabilities	9.05	0.5	0.03
Total Current Liabilities	12.09	1.06	0.23
Long-Term Leases	0.11	0.45	-
Total Liabilities	12.21	1.51	0.23
Common Stock	0.01	0.01	0.01
Additional Paid-In Capital	9.54	3.01	2.85
Retained Earnings	-44.55	-21.48	-14
Comprehensive Income & Other	0.14	-0.01	0.01
Total Common Equity	-34.86	-18.47	-11.13
Shareholders' Equity	-6	10.39	17.73
Total Liabilities & Equity	6.21	11.9	17.96
Total Debt	0.62	0.81	0.03
Net Cash (Debt)	-0.34	5.82	16.48
Net Cash Growth	-	-64.72%	-
Net Cash Per Share	-0.02	0.36	1.03
Filing Date Shares Outstanding	8	8	16.02
Total Common Shares Outstanding	8	8	16.02
Working Capital	-10.85	6.96	16.81
Book Value Per Share	-4.36	-2.31	-0.69
Tangible Book Value	-34.89	-18.51	-11.17
Tangible Book Value Per Share	-4.36	-2.31	-0.70
Machinery	4.41	2.64	0.78
Construction In Progress	-	-	0.25
Leasehold Improvements	1.17	1.13	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.