Northann Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	0.24	1.03	0.25	1.11	0.25	0.75
Cash & Short-Term Investments	0.24	1.03	0.25	1.11	0.25	0.75
Cash Growth	-87.16%	320.38%	-77.82%	333.53%	-65.95%	113.43%
Accounts Receivable	3.85	3.51	3.11	2.62	1.43	1.25
Other Receivables	1.69	1.04	0.07	0.13	0.11	0.97
Total Trade Receivables	5.54	4.55	3.18	2.74	1.54	2.23
Inventory	6.07	6.19	2	2.65	4.56	2.86
Other Current Assets	0.71	0.57	0.49	0.31	0.24	0.55
Total Current Assets	12.55	12.34	5.91	6.8	6.59	6.39
Net Property, Plant & Equipment	7.14	7.1	6.98	5.77	6.52	6.94
Other Intangible Assets	11.09	0.99	0.98	1.03	1.07	1.12
Other Long-Term Assets	0.01	0.01	0.01	0.01	0.23	0.01
Total Assets	30.79	20.44	13.88	13.62	14.41	14.46
Accounts Payable	5.97	4.32	2.6	4.54	4.73	6.39
Short-Term Debt	-	-	-	0.6	-	-
Current Portion of Long-Term Debt	1.32	1.3	4.7	5.69	6.99	6.21
Current Portion of Leases	0.37	0.37	0.36	0.03	0.02	0.03
Unearned Revenue	0.67	1.35	-	1.08	0	1.67
Other Current Liabilities	-	0.02	2.02	0.91	0.25	0.41
Total Current Liabilities	8.34	7.37	9.67	12.86	11.99	14.7
Long-Term Debt	3	2.97	0.14	0.12	0.45	0.14
Long-Term Leases	1	1.09	1.47	0.06	-	0.02
Total Long-Term Liabilities	4	4.06	1.6	0.18	0.45	0.16
Total Liabilities	12.34	11.43	11.28	13.04	12.44	14.86
Preferred Stock	-	0	0	0.01	0.01	0.01
Common Stock	-	0.02	0.01	0.02	0.02	0.02
Additional Paid-in Capital	41.26	29	11.24	6.65	0.9	-0.03
Accumulated Other Comprehensive Income	1.4	1.35	1.05	-0.78	-0.77	-1.29
Retained Earnings	-24.26	-21.37	-9.69	-5.31	1.82	0.89
Total Common Shareholders' Equity	18.4	9.01	2.6	0.58	1.97	-0.4
Shareholders' Equity	18.45	9.01	2.6	0.58	1.97	-0.4
Total Liabilities & Equity	30.79	20.44	13.88	13.62	14.41	14.46
Total Debt	5.7	5.74	6.66	6.5	7.45	6.39
Net Cash (Debt)	-5.46	-4.71	-6.41	-5.4	-7.2	-5.65
Net Cash Per Share	-0.09	-0.33	-1.95	-2.13	-2.83	-2.26
Book Value	18.4	9.01	2.6	0.58	1.97	-0.4
Book Value Per Share	0.31	0.63	0.79	0.23	0.78	-0.16
Tangible Book Value	7.31	8.02	1.62	-0.45	0.9	-1.53
Tangible Book Value Per Share	0.12	0.56	0.49	-0.18	0.35	-0.61

Updated May 19, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q