PRAX Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	357.33	215.37	81.3	61.62	138.7
Short-Term Investments	242	177.2	-	38.87	137.21
Cash & Short-Term Investments	599.33	392.57	81.3	100.49	275.91
Cash Growth	52.67%	382.86%	-19.10%	-63.58%	-6.98%
Prepaid Expenses	11.58	11.81	3.58	10.35	10.9
Restricted Cash	-	-	-	-	0.6
Total Current Assets	610.91	404.37	84.88	110.84	287.41
Property, Plant & Equipment	0.24	1.36	2.65	3.87	4.87
Long-Term Investments	326.76	76.96	-	-	-
Other Long-Term Assets	-	0.42	0.42	0.42	0.47
Total Assets	937.91	483.11	87.95	115.13	292.75
Accounts Payable	24.63	12.53	5.82	14.67	10.78
Accrued Expenses	35.03	23.76	7.42	15.85	26.84
Current Portion of Leases	0.11	1.26	1.13	1.01	0.81
Current Unearned Revenue	-	-	1.39	2.82	-
Total Current Liabilities	59.77	37.55	15.75	34.35	38.43
Long-Term Leases	-	0.11	1.37	2.5	3.5
Long-Term Unearned Revenue	-	-	1.16	2.18	-
Total Liabilities	59.77	37.66	18.28	39.02	41.94
Common Stock	0.02	0.01	0.01	0.01	0.01
Additional Paid-In Capital	2,018	1,282	723.58	606.92	567.6
Retained Earnings	-1,140	-836.74	-653.92	-530.64	-316.62
Comprehensive Income & Other	0.56	0.65	-	-0.17	-0.18
Total Common Equity	878.14	445.45	69.67	76.11	250.81
Shareholders' Equity	878.14	445.45	69.67	76.11	250.81
Total Liabilities & Equity	937.91	483.11	87.95	115.13	292.75
Total Debt	0.11	1.37	2.5	3.5	4.31
Net Cash (Debt)	925.98	468.16	78.81	96.99	271.6
Net Cash Growth	97.79%	494.07%	-18.75%	-64.29%	-8.20%
Net Cash Per Share	41.15	26.14	11.95	31.56	95.96
Filing Date Shares Outstanding	27.85	20.16	13.24	3.49	3.03
Total Common Shares Outstanding	25.2	19.42	8.79	3.29	3.02
Working Capital	551.14	366.82	69.13	76.5	248.98
Book Value Per Share	34.85	22.93	7.92	23.12	83.05
Tangible Book Value	878.14	445.45	69.67	76.11	250.81
Tangible Book Value Per Share	34.85	22.93	7.92	23.12	83.05
Machinery	1.65	1.59	1.59	1.54	1.37

Updated Feb 19, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q