Icon Energy 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3.97	0.95	2.7	3.55	2.43
Cash & Short-Term Investments	3.97	0.95	2.7	3.55	2.43
Cash Growth	200.00%	-64.99%	-23.91%	46.43%	-
Receivables	0.11	-	-	0.12	0.04
Inventory	0.28	0.13	0.06	0.13	0.06
Prepaid Expenses	0.38	0.17	0.04	0.04	0.06
Other Current Assets	0.1	0.04	0.22	0.19	0.39
Total Current Assets	5.03	1.29	3.02	4.04	2.97
Property, Plant & Equipment	52.14	26.1	9.18	9.86	10.54
Long-Term Deferred Charges	0.34	0.91	0.66	0.7	1.06
Other Long-Term Assets	0.5	0.5	0.02	-	-
Total Assets	58.01	28.8	12.88	14.6	14.57
Accounts Payable	0.85	0.39	0.09	0.18	1.36
Accrued Expenses	0.76	0.42	0.37	0.1	0.29
Current Portion of Long-Term Debt	1.89	2.21	-	-	-
Current Unearned Revenue	0.15	0.14	0.25	-	0.21
Other Current Liabilities	0.38	0.17	3.01	-	-
Total Current Liabilities	4.03	3.33	3.71	0.28	1.85
Long-Term Debt	33.34	13.72	-	-	-
Total Liabilities	37.37	17.05	3.71	0.28	1.85
Common Stock	0	-	-	14.32	-
Additional Paid-In Capital	24.13	11.62	8.59	-	10.57
Retained Earnings	-3.49	0.13	0.58	-	2.15
Total Common Equity	20.64	11.74	9.17	14.32	12.72
Shareholders' Equity	20.64	11.75	9.17	14.32	12.72
Total Liabilities & Equity	58.01	28.8	12.88	14.6	14.57
Total Debt	35.23	15.93	-	-	-
Net Cash (Debt)	-31.26	-14.99	2.7	3.55	2.43
Net Cash Growth	-	-	-23.91%	46.43%	-
Filing Date Shares Outstanding	0.45	0.44	-	-	-
Total Common Shares Outstanding	0.45	0.44	-	-	-
Working Capital	1	-2.04	-0.69	3.76	1.12
Book Value Per Share	46.27	26.87	-	-	-
Tangible Book Value	20.64	11.74	9.17	14.32	12.72
Tangible Book Value Per Share	46.27	26.87	-	-	-
Machinery	57.21	29.11	11.07	11.07	11.07

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q