PRAX Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	149.53	215.37	81.3	61.62	138.7	296.61
Short-Term Investments	117.63	177.2	-	38.87	137.21	-
Cash & Short-Term Investments	267.16	392.57	81.3	100.49	275.91	296.61
Cash Growth	-25.17%	382.86%	-19.10%	-63.58%	-6.98%	561.85%
Prepaid Expenses	6.69	11.81	3.58	10.35	10.9	5.12
Restricted Cash	-	-	-	-	0.6	0.6
Total Current Assets	273.84	404.37	84.88	110.84	287.41	302.33
Property, Plant & Equipment	0.54	1.36	2.65	3.87	4.87	0.84
Long-Term Investments	122.01	76.96	-	-	-	-
Other Long-Term Assets	-	0.42	0.42	0.42	0.47	0.02
Total Assets	396.39	483.11	87.95	115.13	292.75	303.18
Accounts Payable	30.82	12.53	5.82	14.67	10.78	4.09
Accrued Expenses	21.63	23.76	7.42	15.85	26.84	10.87
Current Portion of Leases	0.44	1.26	1.13	1.01	0.81	0.76
Current Unearned Revenue	-	-	1.39	2.82	-	-
Total Current Liabilities	52.88	37.55	15.75	34.35	38.43	15.72
Long-Term Leases	-	0.11	1.37	2.5	3.5	-
Long-Term Unearned Revenue	-	-	1.16	2.18	-	-
Total Liabilities	52.88	37.66	18.28	39.02	41.94	15.72
Common Stock	0.01	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	1,394	1,282	723.58	606.92	567.6	437.01
Retained Earnings	-1,051	-836.74	-653.92	-530.64	-316.62	-149.55
Comprehensive Income & Other	0.5	0.65	-	-0.17	-0.18	-
Total Common Equity	343.51	445.45	69.67	76.11	250.81	287.46
Shareholders' Equity	343.51	445.45	69.67	76.11	250.81	287.46
Total Liabilities & Equity	396.39	483.11	87.95	115.13	292.75	303.18
Total Debt	0.44	1.37	2.5	3.5	4.31	0.76
Net Cash (Debt)	388.73	468.16	78.81	96.99	271.6	295.85
Net Cash Growth	-5.08%	494.07%	-18.75%	-64.29%	-8.20%	582.36%
Net Cash Per Share	18.40	26.14	11.95	31.56	95.96	495.82
Filing Date Shares Outstanding	25.01	20.16	13.24	3.49	3.03	2.57
Total Common Shares Outstanding	21.17	19.42	8.79	3.29	3.02	2.55
Working Capital	220.96	366.82	69.13	76.5	248.98	286.61
Book Value Per Share	16.23	22.93	7.92	23.12	83.05	112.67
Tangible Book Value	343.51	445.45	69.67	76.11	250.81	287.46
Tangible Book Value Per Share	16.23	22.93	7.92	23.12	83.05	112.67
Machinery	-	1.59	1.59	1.54	1.37	0.17

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q