Navitas Semiconductor Corporation (NVTS)

Navitas Semiconductor Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	150.55	86.74	151.89	110.34	268.25	38.87
Cash & Short-Term Investments	150.55	86.74	151.89	110.34	268.25	38.87
Cash Growth	52.67%	-42.90%	37.66%	-58.87%	590.14%	551.07%
Receivables	9.79	13.98	25.86	9.13	8.26	4.15
Inventory	14.67	15.48	22.23	19.06	11.98	3.4
Prepaid Expenses	3.83	4.07	6.18	3.62	2.88	0.52
Total Current Assets	178.84	120.27	206.16	142.15	291.37	46.95
Property, Plant & Equipment	20.82	22.32	17.42	12.91	2.3	0.72
Long-Term Investments	8.1	8.9	2.5	1.5	-	-
Goodwill	163.22	163.22	163.22	161.53	-	-
Other Intangible Assets	57.99	72.2	91.1	105.62	0.17	0.52
Other Long-Term Assets	1.24	3.08	5.15	1.55	1.55	0.1
Total Assets	430.21	389.98	485.55	425.26	295.6	48.51
Accounts Payable	9.76	10.24	24.74	14.65	4.86	3.7
Accrued Expenses	8.34	8.62	10.9	3.91	2.64	1.67
Current Portion of Long-Term Debt	-	-	-	-	3.2	1
Current Portion of Leases	2.14	1.77	1.89	1.31	-	-
Current Unearned Revenue	-	-	-	0.49	-	-
Other Current Liabilities	2.3	0.52	10.95	-	0.03	-
Total Current Liabilities	22.54	21.14	48.49	20.35	10.73	6.37
Long-Term Debt	-	-	-	-	3.72	4.97
Long-Term Leases	4.8	5.55	6.65	5.26	-	-
Long-Term Deferred Tax Liabilities	0.37	0.44	1.04	1.82	-	-
Other Long-Term Liabilities	31.51	14.83	48.75	13.06	215.62	0.09
Total Liabilities	59.22	41.97	104.93	40.5	230.07	11.43
Common Stock	0.02	0.02	0.02	0.02	0.02	0
Additional Paid-In Capital	840.89	732.78	680.79	535.88	294.19	3.56
Retained Earnings	-469.92	-384.79	-300.19	-154.75	-228.67	-75.98
Comprehensive Income & Other	-0.01	-0.01	-0.01	-0.01	-0	-0
Total Common Equity	370.99	348.01	380.62	381.13	65.54	-72.42
Minority Interest	-	-	-	3.63	-	-
Shareholders' Equity	370.99	348.01	380.62	384.76	65.54	37.08
Total Liabilities & Equity	430.21	389.98	485.55	425.26	295.6	48.51
Total Debt	6.94	7.32	8.55	6.57	6.92	5.97
Net Cash (Debt)	143.61	79.42	143.35	103.77	261.34	32.9
Net Cash Growth	58.25%	-44.60%	38.14%	-60.29%	694.38%	2711.80%
Net Cash Per Share	0.73	0.44	0.85	0.71	6.67	2.02
Filing Date Shares Outstanding	214.94	190.53	179.25	160.89	122.86	15.33
Total Common Shares Outstanding	214.94	188.11	179.2	153.63	117.75	15.33
Working Capital	156.3	99.12	157.68	121.8	280.64	40.58
Book Value Per Share	1.73	1.85	2.12	2.48	0.56	-4.73
Tangible Book Value	149.78	112.6	126.3	113.99	65.37	-72.94
Tangible Book Value Per Share	0.70	0.60	0.70	0.74	0.56	-4.76
Machinery	14.25	12.04	10.58	7.47	3.38	1.76
Construction In Progress	5.98	6.89	1.11	-	-	-
Leasehold Improvements	4.32	4.3	2.36	2.05	0.58	0.14

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

SEC Filings: 10-K · 10-Q