Phoenix Motor Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	1.4	0.03	0.14	2.68	15.7	0.03
Cash & Short-Term Investments	1.4	0.03	0.14	2.68	15.7	0.03
Cash Growth	266.75%	-77.70%	-94.82%	-82.91%	54034.48%	-
Receivables	4.62	0.67	1.68	1.2	1.16	1.7
Inventory	47.83	1.8	4.56	2.23	1.55	3.18
Prepaid Expenses	0.1	0.1	1.18	0.19	0.53	0.16
Restricted Cash	-	3.25	-	-	-	-
Other Current Assets	6.57	0.17	0.16	0.34	0.32	0.49
Total Current Assets	60.52	6.02	7.72	6.64	19.25	5.55
Property, Plant & Equipment	6.83	1.12	6.29	2.21	2.77	3.32
Goodwill	-	4.27	4.27	4.27	4.27	-
Other Intangible Assets	-	-	1.7	2.32	2.94	0.09
Long-Term Accounts Receivable	0.12	0.23	-	-	-	-
Other Long-Term Assets	-	-	0.46	-	-	-
Total Assets	67.47	11.64	20.44	15.44	29.23	8.96
Accounts Payable	2.95	3.53	1.36	1.79	1.36	1.15
Accrued Expenses	1.09	0.93	0.65	0.78	0.45	0.9
Short-Term Debt	1.32	1.82	-	-	-	-
Current Portion of Long-Term Debt	2.56	1.33	0	0.01	0.02	0.02
Current Portion of Leases	2.42	1.3	0.72	-	-	-
Current Unearned Revenue	3	0.53	1.73	1.52	1.9	1.74
Other Current Liabilities	4.1	1.45	0.33	0.36	0.53	0.61
Total Current Liabilities	19.74	10.88	4.79	4.45	4.25	4.41
Long-Term Debt	0.14	0.68	0.15	0.76	0.18	0.01
Long-Term Leases	3.37	2.7	3.23	-	-	-
Long-Term Unearned Revenue	2.04	2.21	-	-	-	-
Other Long-Term Liabilities	10.9	-	-	-	-	16.17
Total Liabilities	45.61	16.48	8.16	5.21	4.44	20.59
Common Stock	0.01	0.01	0.01	0.01	0.01	-
Additional Paid-In Capital	58.51	44.36	40.84	26.09	26.03	49.56
Retained Earnings	-36.67	-49.21	-28.56	-15.86	-1.24	-61.2
Comprehensive Income & Other	-	-	-	-0.01	-0.01	-
Shareholders' Equity	21.86	-4.84	12.28	10.23	24.79	-11.64
Total Liabilities & Equity	67.47	11.64	20.44	15.44	29.23	8.96
Total Debt	9.81	7.83	4.09	0.77	0.21	0.03
Net Cash (Debt)	-8.41	-7.8	-3.96	1.92	15.49	0
Net Cash Growth	-	-	-	-87.63%	774600.00%	-
Net Cash Per Share	-0.31	-0.37	-0.20	0.11	0.89	-
Filing Date Shares Outstanding	37.65	34.69	21.18	17.5	17.5	-
Total Common Shares Outstanding	35.4	21.9	20.28	17.5	17.5	-
Working Capital	40.78	-4.87	2.93	2.19	15	1.14
Book Value Per Share	0.62	-0.22	0.61	0.58	1.42	-
Tangible Book Value	21.86	-9.11	6.31	3.63	17.58	-11.72
Tangible Book Value Per Share	0.62	-0.42	0.31	0.21	1.00	-
Machinery	-	3.4	5.01	4.77	6.56	6.2
Construction In Progress	-	0.33	0.43	0.3	0.25	0.22
Leasehold Improvements	-	0.08	0.08	0.08	0.39	0.39
Order Backlog	-	17.7	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.