LiqTech International 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 30, 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	7.35	10.87	9.48	15.16	15.36	11.75
Cash & Short-Term Investments	7.35	10.87	9.48	15.16	15.36	11.75
Cash Growth	62.15%	14.64%	-37.45%	-1.34%	30.77%	66.18%
Accounts Receivable	4.74	4.06	6.06	4.56	3.86	5.84
Receivables	4.74	4.06	6.06	4.56	3.86	5.84
Inventory	6.43	5.54	5.27	4.06	5.42	5.52
Prepaid Expenses	0.26	0.17	0.34	1.72	1.29	1.03
Restricted Cash	-	-	0.94	1.44	2.13	1.52
Other Current Assets	-	-	-	0.72	-	-
Total Current Assets	18.78	20.64	22.09	27.67	28.07	25.65
Property, Plant & Equipment	10.72	11.07	13.06	11.57	15.78	15.27
Goodwill	0.25	0.22	0.23	0.23	0.24	0.26
Other Intangible Assets	0.04	0.04	0.11	0.21	0.33	0.48
Other Long-Term Assets	0.52	0.46	0.47	0.45	0.63	0.55
Total Assets	30.3	32.43	35.97	40.13	45.05	42.21
Accounts Payable	1.96	1.3	2.44	1.39	1.65	2.33
Accrued Expenses	1.57	1.87	2.92	2.19	3.72	3.85
Current Portion of Long-Term Debt	-	-	-	-	8.4	-
Current Portion of Leases	1.15	1	1.12	0.96	1.22	1.42
Current Unearned Revenue	0.07	0.11	0.38	0.65	0.91	1.15
Other Current Liabilities	0.61	0.62	0.63	0.9	0.96	1.06
Total Current Liabilities	5.37	4.9	7.5	6.09	16.87	9.81
Long-Term Debt	6.63	5.3	4.69	5.48	6.19	-
Long-Term Leases	5.46	5.51	6.41	5.09	8.65	7.27
Long-Term Deferred Tax Liabilities	0.06	0.06	0.1	0.15	0.22	0.31
Other Long-Term Liabilities	-	-	-	-	0.35	-
Total Liabilities	17.52	15.77	18.7	16.82	32.28	17.39
Common Stock	0.01	0.01	0.01	0.01	0.02	0.02
Additional Paid-In Capital	110.17	109.27	98.8	96.98	70.91	69.9
Retained Earnings	-92.2	-86.27	-75.92	-67.35	-53.18	-42.05
Comprehensive Income & Other	-5.17	-6.36	-5.6	-6.32	-4.98	-3.05
Total Common Equity	12.81	16.65	17.28	23.31	12.77	24.82
Minority Interest	-0.03	-	-	-	-	-
Shareholders' Equity	12.78	16.65	17.28	23.31	12.77	24.82
Total Liabilities & Equity	30.3	32.43	35.97	40.13	45.05	42.21
Total Debt	13.23	11.81	12.22	11.54	24.46	8.69
Net Cash (Debt)	-5.88	-0.94	-2.74	3.62	-9.1	3.06
Net Cash Growth	-	-	-	-	-	77.55%
Net Cash Per Share	-0.64	-0.15	-0.48	0.82	-3.37	1.15
Filing Date Shares Outstanding	9.63	9.61	5.81	5.66	2.67	2.71
Total Common Shares Outstanding	9.63	9.48	5.73	5.5	2.66	2.71
Working Capital	13.41	15.74	14.59	21.58	11.2	15.84
Book Value Per Share	1.33	1.76	3.02	4.24	4.80	9.17
Tangible Book Value	12.52	16.39	16.93	22.87	12.2	24.08
Tangible Book Value Per Share	1.30	1.73	2.96	4.16	4.59	8.89
Machinery	-	12.18	12.21	10.38	9.81	10.87
Leasehold Improvements	-	3.01	3.18	3.08	3.27	3.54

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

SEC Filings: 10-K · 10-Q