NextNav 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	89.99	39.33	81.88	47.23	100.08	8.67
Short-Term Investments	77.58	40.79	3.95	8.22	-	-
Cash & Short-Term Investments	167.58	80.12	85.83	55.45	100.08	8.67
Cash Growth	93.13%	-6.66%	54.80%	-44.60%	1054.41%	-40.13%
Receivables	1.43	3.3	2.33	2.17	1.74	0.08
Restricted Cash	-	-	-	-	-	5
Other Current Assets	3.24	2.63	3.06	3.58	4.52	4.32
Total Current Assets	172.25	86.05	91.22	61.19	106.33	18.07
Property, Plant & Equipment	28.35	35.34	40.83	32.9	22.25	22.53
Long-Term Investments	0.41	0.53	0.53	-	-	-
Goodwill	19.1	16.97	17.98	17.49	-	-
Other Intangible Assets	42.38	9.59	10.63	10.4	4.09	4.14
Other Long-Term Assets	0.57	13.27	0.98	1.81	4.14	0.15
Total Assets	263.07	161.74	162.16	123.79	136.82	44.9
Accounts Payable	0.84	0.86	0.39	1.02	0.45	0.68
Accrued Expenses	10.91	8.54	6.59	5.24	4.6	3.56
Current Portion of Leases	2.77	2.46	2.52	2.53	-	-
Current Unearned Revenue	0.42	0.29	0.3	0.1	1.63	-
Total Current Liabilities	14.93	12.14	9.8	8.89	6.68	4.24
Long-Term Debt	230.12	54.62	48.45	-	-	58.87
Long-Term Leases	12.92	14.35	15.15	5.29	-	-
Other Long-Term Liabilities	27.21	30.5	8.67	5.75	30.19	102.56
Total Liabilities	285.19	111.62	82.06	19.92	36.87	165.68
Common Stock	0.02	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	958.22	912.24	837.42	787.13	747.93	-
Retained Earnings	-983.4	-862.11	-760.23	-688.49	-647.86	-490.28
Treasury Stock	-0.69	-0.69	-0.67	-0	-	-
Comprehensive Income & Other	3.74	0.67	2.2	1.37	-0.12	-0.1
Total Common Equity	-22.12	50.12	78.73	100.02	99.96	-490.38
Minority Interest	-	-	1.36	3.85	-	-
Shareholders' Equity	-22.12	50.12	80.1	103.86	99.96	-120.77
Total Liabilities & Equity	263.07	161.74	162.16	123.79	136.82	44.9
Total Debt	245.81	71.44	66.12	7.82	-	58.87
Net Cash (Debt)	-78.23	8.68	19.72	47.62	100.08	-50.2
Net Cash Growth	-	-55.98%	-58.60%	-52.41%	-	-
Net Cash Per Share	-0.60	0.07	0.18	0.47	4.25	-6.83
Filing Date Shares Outstanding	134.7	131.45	111.19	107.12	95.55	20.9
Total Common Shares Outstanding	134.73	131.14	111.13	106.42	96.55	20.9
Working Capital	157.32	73.9	81.42	52.3	99.65	13.83
Book Value Per Share	-0.16	0.38	0.71	0.94	1.04	-23.46
Tangible Book Value	-83.6	23.57	50.13	72.13	95.86	-494.52
Tangible Book Value Per Share	-0.62	0.18	0.45	0.68	0.99	-23.66
Machinery	-	2.12	1.98	1.61	1.27	1.2
Construction In Progress	-	1.66	1.68	3.57	0.49	16.83

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q