NextNav 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	44.76	39.33	81.88	47.23	100.08
Short-Term Investments	107.38	40.79	3.95	8.22	-
Cash & Short-Term Investments	152.14	80.12	85.83	55.45	100.08
Cash Growth	89.90%	-6.66%	54.80%	-44.60%	1054.41%
Accounts Receivable	2.35	3.3	2.33	2.17	1.74
Other Current Assets	2.93	2.63	3.06	3.58	4.52
Total Current Assets	157.41	86.05	91.22	61.19	106.33
Net Property, Plant & Equipment	26.62	35.34	40.83	32.9	22.25
Other Intangible Assets	42.17	9.59	10.63	10.4	4.1
Goodwill	19.16	16.97	17.98	17.49	-
Other Long-Term Assets	1.66	13.8	1.51	1.81	4.15
Total Assets	247.02	161.74	162.16	123.79	136.82
Accounts Payable	0.66	0.86	0.39	1.02	0.45
Accrued Expenses	8.56	8.54	6.59	5.24	4.6
Current Portion of Leases	2.67	2.46	2.52	2.53	-
Unearned Revenue	0.49	0.29	0.3	0.1	1.63
Total Current Liabilities	12.39	12.14	9.8	8.89	6.68
Long-Term Debt	273.59	54.62	48.45	-	-
Long-Term Leases	12.34	14.35	15.15	5.29	-
Other Long-Term Liabilities	34.94	30.5	8.67	5.75	30.19
Total Long-Term Liabilities	320.87	99.48	72.26	11.04	30.19
Total Liabilities	333.25	111.62	82.06	19.92	36.87
Common Stock	0.02	0.01	0.01	0.01	0.01
Treasury Stock	-0.69	-0.69	-0.67	-0	-
Additional Paid-in Capital	961.99	912.24	837.42	787.13	747.93
Accumulated Other Comprehensive Income	3.81	0.67	2.2	1.37	-0.12
Retained Earnings	-1,051	-862.11	-760.23	-688.49	-647.86
Total Common Shareholders' Equity	-86.24	50.12	78.73	100.02	99.96
Minority Interest	-	-	1.36	3.85	-
Shareholders' Equity	-86.24	50.12	80.1	103.86	99.96
Total Liabilities & Equity	247.02	161.74	162.16	123.79	136.82
Total Debt	288.6	71.44	66.12	7.82	0
Net Cash (Debt)	-136.46	8.68	19.72	47.62	100.08
Net Cash Growth	-	-55.98%	-58.60%	-52.41%	-
Net Cash Per Share	-1.03	0.07	0.18	0.47	4.25
Book Value	-86.24	50.12	78.73	100.02	99.96
Book Value Per Share	-0.65	0.41	0.73	0.99	4.24
Tangible Book Value	-147.56	23.57	50.13	72.13	95.86
Tangible Book Value Per Share	-1.11	0.19	0.46	0.71	4.07

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

SEC Filings: 10-K · 10-Q