The Joint Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	24.3	26	19.21	10.55	19.91
Cash & Short-Term Investments	24.3	26	19.21	10.55	19.91
Cash Growth	-6.52%	35.30%	82.12%	-47.02%	-4.36%
Accounts Receivable	2.85	2.59	2.58	3.91	3.7
Other Current Assets	24.94	45.99	22.54	3.15	3.28
Total Current Assets	52.09	74.58	44.34	17.61	26.89
Net Property, Plant & Equipment	4.73	3.76	4.27	38.06	32.81
Other Intangible Assets	-	-	-	10.93	4.71
Goodwill	-	-	-	8.49	5.09
Other Long-Term Assets	4.15	4.81	38.6	18.39	17.56
Total Assets	60.97	83.15	87.21	93.49	87.06
Accounts Payable	1.59	1.75	1.25	2.97	1.71
Accrued Expenses	5.56	5.06	2.02	3.1	5.72
Current Portion of Leases	0.19	0.48	0.41	5.32	4.66
Unearned Revenue	2.8	2.84	2.88	10.43	8.43
Other Current Liabilities	22.68	38.92	27.01	1.4	0.93
Total Current Liabilities	32.82	49.04	33.57	23.22	21.44
Long-Term Debt	-	-	2	2	2
Long-Term Leases	1.82	0.31	0.45	18.74	16.96
Other Long-Term Liabilities	11.25	13.12	26.41	16.95	16.35
Total Long-Term Liabilities	13.07	13.43	28.86	37.69	35.31
Total Liabilities	45.89	62.48	62.44	60.9	56.75
Common Stock	0.02	0.02	0.01	0.01	0.01
Treasury Stock	-12.19	-0.87	-0.86	-0.86	-0.85
Additional Paid-in Capital	52.03	49.21	47.5	45.56	43.9
Retained Earnings	-24.8	-27.7	-21.91	-12.15	-12.78
Total Common Shareholders' Equity	15.05	20.65	24.75	32.56	30.28
Minority Interest	0.03	0.03	0.03	0.03	0.03
Shareholders' Equity	15.08	20.68	24.77	32.59	30.31
Total Liabilities & Equity	60.97	83.15	87.21	93.49	87.06
Total Debt	2.01	0.8	2.86	26.06	23.62
Net Cash (Debt)	22.29	25.2	16.35	-15.51	-3.71
Net Cash Growth	-11.54%	54.11%	-	-	-
Net Cash Per Share	1.47	1.66	1.09	-1.04	-0.25
Book Value	15.05	20.65	24.75	32.56	30.28
Book Value Per Share	0.99	1.36	1.66	2.19	2.03
Tangible Book Value	15.05	20.65	24.75	13.14	20.49
Tangible Book Value Per Share	0.99	1.36	1.66	0.88	1.37

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q