Pioneer Power Solutions, Inc. (PPSI)

Pioneer Power Solutions Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3.08	3.58	10.3	9.92	7.57	8.21
Short-Term Investments	-	-	-	-	-	0.94
Cash & Short-Term Investments	3.08	3.58	10.3	9.92	7.57	9.15
Cash Growth	-59.37%	-65.21%	3.75%	31.15%	-17.29%	4236.02%
Accounts Receivable	9.8	9.01	10.01	2.43	2.59	3.72
Other Receivables	-	-	-	-	0.5	2.16
Receivables	9.8	9.01	10.01	8.21	3.09	5.88
Inventory	16.1	7.58	8.09	4.16	2.4	4.55
Prepaid Expenses	2.48	2.51	2.85	1.07	0.9	0.8
Restricted Cash	-	-	-	1.78	-	-
Other Current Assets	-	5	-	-	-	-
Total Current Assets	31.45	27.68	31.25	25.14	13.96	20.37
Property, Plant & Equipment	8.53	5.06	3.98	2.75	1.94	2.45
Long-Term Investments	-	-	-	-	-	0.53
Long-Term Deferred Charges	-	0.2	-	-	-	-
Other Long-Term Assets	0.08	0.08	0.16	0.04	0.04	0.03
Total Assets	40.06	33.02	35.39	27.93	21.29	28.48
Accounts Payable	11.07	5.4	5.62	2.09	2.23	7.53
Accrued Expenses	-	2.21	1.62	1.26	1.08	-
Short-Term Debt	-	-	-	-	-	0.37
Current Portion of Long-Term Debt	-	-	-	-	0.78	-
Current Portion of Leases	0.87	0.72	1.06	0.81	0.72	-
Current Income Taxes Payable	-	-	-	-	0.02	0.5
Current Unearned Revenue	10.41	4.93	10.66	2.42	0.71	1.44
Other Current Liabilities	-	5	-	-	-	-
Total Current Liabilities	22.35	18.26	18.96	6.58	5.54	9.84
Long-Term Debt	-	-	-	-	0.63	-
Long-Term Leases	2.99	0.49	1.22	1.52	-	-
Other Long-Term Liabilities	0.04	0.05	0.07	0.27	1.26	1.79
Total Liabilities	25.38	18.8	20.24	8.38	7.43	11.64
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	38.74	33.84	32.86	31.84	23.98	23.98
Retained Earnings	-24.07	-19.63	-17.73	-12.31	-10.15	-7.16
Comprehensive Income & Other	-	-	0.01	0.01	0.01	0.01
Shareholders' Equity	14.68	14.22	15.15	19.55	13.86	16.84
Total Liabilities & Equity	40.06	33.02	35.39	27.93	21.29	28.48
Total Debt	3.86	1.21	2.27	2.33	2.13	0.37
Net Cash (Debt)	-0.78	2.37	8.02	7.6	5.44	8.78
Net Cash Growth	-	-70.48%	5.59%	39.69%	-38.02%	-
Net Cash Per Share	-0.07	0.24	0.82	0.86	0.62	1.01
Filing Date Shares Outstanding	10.92	10.92	9.77	9.64	8.73	8.73
Total Common Shares Outstanding	10.92	9.93	9.64	9.64	8.73	8.73
Working Capital	9.1	9.42	12.29	18.55	8.42	10.53
Book Value Per Share	1.34	1.43	1.57	2.03	1.59	1.93
Tangible Book Value	14.68	14.22	15.15	19.55	13.86	16.84
Tangible Book Value Per Share	1.34	1.43	1.57	2.03	1.59	1.93
Machinery	-	4.08	3.11	2.14	2.08	2.11
Construction In Progress	-	2.02	0.5	-	-	-
Leasehold Improvements	-	0.37	0.37	0.32	0.34	0.34
Order Backlog	-	45.17	38.28	22.8	12.67	15.86

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