NextBoat 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	5.33	12.43	2.93	1.65
Cash & Short-Term Investments	5.33	12.43	2.93	1.65
Cash Growth	70.67%	324.61%	76.91%	-
Accounts Receivable	0.3	0.27	0.1	0.18
Other Receivables	-	-	0	0.99
Total Trade Receivables	0.3	0.27	0.11	1.17
Inventory	46.4	26.04	22.59	12.56
Other Current Assets	1.39	1.14	3.23	2.67
Total Current Assets	53.43	39.88	28.86	18.05
Net Property, Plant & Equipment	9.82	7.34	1.97	0.94
Other Intangible Assets	0.57	0.56	-	-
Goodwill	0.57	0.57	0.57	0.57
Other Long-Term Assets	0.09	0.07	0.24	0.74
Total Assets	64.47	48.42	31.64	20.3
Accounts Payable	1.51	1.47	0.96	0.35
Accrued Expenses	0.77	0.79	0.51	0.3
Short-Term Debt	41.5	25.31	23.43	14.26
Current Portion of Long-Term Debt	0.03	0.03	0.14	0.12
Current Portion of Leases	1.01	0.96	0.38	0.13
Unearned Revenue	2.05	1.21	2.35	2.68
Other Current Liabilities	1.66	1.09	1.53	2.24
Total Current Liabilities	48.54	30.87	29.3	20.08
Long-Term Debt	0.06	0.06	0.23	0.32
Long-Term Leases	5.4	5.65	1.14	0.15
Total Long-Term Liabilities	5.45	5.71	1.37	0.47
Total Liabilities	53.99	36.58	30.67	20.55
Common Stock	0.37	0.37	0.02	0.02
Additional Paid-in Capital	20.08	17.96	2.77	1.81
Retained Earnings	-9.97	-6.5	-1.83	-2.08
Shareholders' Equity	10.48	11.84	0.97	-0.25
Total Liabilities & Equity	64.47	48.42	31.64	20.3
Total Debt	48	32.02	25.32	14.98
Net Cash (Debt)	-42.67	-19.59	-22.39	-13.32
Net Cash Per Share	-1.98	-0.95	-1.12	-0.67
Book Value	10.48	11.84	0.97	-0.25
Book Value Per Share	0.49	0.58	0.05	-0.01
Tangible Book Value	9.35	10.7	0.4	-0.82
Tangible Book Value Per Share	0.43	0.52	0.02	-0.04

SEC Filings: 10-K · 10-Q