Pioneer Power Solutions, Inc. (PPSI)

Pioneer Power Solutions 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	17.34	41.62	3.58	10.3	9.92	7.57
Cash & Short-Term Investments	17.34	41.62	3.58	10.3	9.92	7.57
Cash Growth	462.86%	1061.98%	-65.21%	3.75%	31.15%	-17.29%
Accounts Receivable	4.61	7.83	1.22	10.01	2.43	2.59
Other Receivables	-	-	-	-	-	0.5
Receivables	4.61	7.83	1.22	10.01	8.21	3.09
Inventory	6.78	6.07	3.08	8.09	4.16	2.4
Prepaid Expenses	0.33	1.14	1.16	2.85	1.07	0.9
Restricted Cash	-	-	-	-	1.78	-
Other Current Assets	-	-	18.65	-	-	-
Total Current Assets	29.05	56.66	27.68	31.25	25.14	13.96
Property, Plant & Equipment	6.39	7.25	4.43	3.98	2.75	1.94
Long-Term Investments	0.82	2	-	-	-	-
Long-Term Accounts Receivable	1.28	-	-	-	-	-
Long-Term Deferred Charges	-	-	0.2	-	-	-
Other Long-Term Assets	0.04	0.04	0.72	0.16	0.04	0.04
Total Assets	37.58	65.95	33.02	35.39	27.93	21.29
Accounts Payable	3.31	3.05	1.68	5.62	2.09	2.23
Accrued Expenses	1.08	1.49	6.43	1.62	1.26	1.08
Current Portion of Long-Term Debt	-	-	-	-	-	0.78
Current Portion of Leases	0.27	0.35	0.38	1.06	0.81	0.72
Current Income Taxes Payable	0.76	4.08	-	-	-	0.02
Current Unearned Revenue	0.87	0.99	0.31	10.66	2.42	0.71
Other Current Liabilities	-	20.01	9.47	-	-	-
Total Current Liabilities	6.28	29.98	18.26	18.96	6.58	5.54
Long-Term Debt	-	-	-	-	-	0.63
Long-Term Leases	0.48	0.42	0.49	1.22	1.52	-
Other Long-Term Liabilities	0.12	0.12	0.05	0.07	0.27	1.26
Total Liabilities	6.88	30.52	18.8	20.24	8.38	7.43
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	35.3	35.42	33.84	32.86	31.84	23.98
Retained Earnings	-4.61	-	-19.63	-17.73	-12.31	-10.15
Comprehensive Income & Other	-	-	-	0.01	0.01	0.01
Shareholders' Equity	30.7	35.43	14.22	15.15	19.55	13.86
Total Liabilities & Equity	37.58	65.95	33.02	35.39	27.93	21.29
Total Debt	0.75	0.78	0.87	2.27	2.33	2.13
Net Cash (Debt)	16.58	40.85	2.71	8.02	7.6	5.44
Net Cash Growth	-	1405.60%	-66.19%	5.59%	39.70%	-38.02%
Net Cash Per Share	1.47	3.73	0.27	0.82	0.86	0.62
Filing Date Shares Outstanding	11.1	11.12	10.92	9.77	9.64	8.73
Total Common Shares Outstanding	11.1	11.12	9.93	9.64	9.64	8.73
Working Capital	22.77	26.68	9.42	12.29	18.55	8.42
Book Value Per Share	2.77	3.19	1.43	1.57	2.03	1.59
Tangible Book Value	30.7	35.43	14.22	15.15	19.55	13.86
Tangible Book Value Per Share	2.77	3.19	1.43	1.57	2.03	1.59
Machinery	-	6.41	3.03	3.11	2.14	2.08
Construction In Progress	-	2.18	1.95	0.5	-	-
Leasehold Improvements	-	0.1	0.1	0.37	0.32	0.34
Order Backlog	-	19.76	16.67	38.28	22.8	12.67

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

SEC Filings: 10-K · 10-Q