Ridgetech, Inc. (RDGT)

Innovid Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	12.78	2.3	18.81	18.46	22.05
Short-Term Investments	-	-	-	-	0.09
Cash & Short-Term Investments	12.78	2.3	18.81	18.46	22.14
Cash Growth	456.31%	-87.79%	1.89%	-16.62%	35.53%
Accounts Receivable	27.81	6.01	14.12	16.74	13.46
Other Receivables	2.42	0.22	2.73	5.76	5.05
Receivables	30.23	6.23	16.84	22.5	18.52
Inventory	10.19	9.26	15.45	16.59	17.39
Prepaid Expenses	-	-	0.62	0.92	1.56
Restricted Cash	5.76	1.99	12.76	16.88	12.63
Other Current Assets	0.75	49.9	-	-	-
Total Current Assets	59.71	69.68	64.48	75.36	72.23
Property, Plant & Equipment	0.01	0.01	19.03	19.66	23.33
Long-Term Investments	-	-	1.77	4.51	3.98
Goodwill	1.46	-	-	-	-
Other Intangible Assets	3.3	1.28	3.89	4.32	4.31
Other Long-Term Assets	-	24.09	1.8	2.54	2.45
Total Assets	64.48	95.06	90.97	106.38	106.31
Accounts Payable	19.67	30.58	26.99	27.33	29.9
Accrued Expenses	0.2	0.2	1.44	2.12	0.95
Short-Term Debt	10.39	6.6	29.26	34.19	26.43
Current Portion of Long-Term Debt	-	-	-	1.96	2.56
Current Portion of Leases	-	-	5.13	3.33	0.79
Current Income Taxes Payable	1.52	0.54	1.71	1.38	0.2
Other Current Liabilities	2.58	36.45	2.01	4.14	4.09
Total Current Liabilities	34.36	74.36	66.54	74.45	64.9
Long-Term Debt	-	-	-	-	1.89
Long-Term Leases	-	6.4	7.77	9.2	15.12
Long-Term Deferred Tax Liabilities	0.49	-	-	-	-
Total Liabilities	34.85	80.76	74.3	83.65	81.91
Common Stock	1.41	0.42	0.28	0.04	0.04
Additional Paid-In Capital	91.74	86.41	83.96	66.52	66.52
Retained Earnings	-63.31	-72.2	-67.96	-46.83	-43.63
Comprehensive Income & Other	-0.2	1.01	1.74	4.35	2.82
Total Common Equity	29.64	15.64	18.01	24.09	25.74
Minority Interest	-	-1.35	-1.35	-1.35	-1.34
Shareholders' Equity	29.64	14.29	16.67	22.74	24.4
Total Liabilities & Equity	64.48	95.06	90.97	106.38	106.31
Total Debt	10.39	13	42.16	48.67	46.78
Net Cash (Debt)	2.39	-10.7	-23.35	-30.22	-24.64
Net Cash Per Share	0.43	-7.41	-45.79	-173.68	-145.04
Filing Date Shares Outstanding	5.86	1.74	1.18	0.22	0.17
Total Common Shares Outstanding	5.86	1.74	1.18	0.17	0.17
Working Capital	25.35	-4.68	-2.05	0.91	7.34
Book Value Per Share	5.06	8.97	15.20	138.45	147.98
Tangible Book Value	24.87	14.36	14.13	19.77	21.43
Tangible Book Value Per Share	4.25	8.24	11.92	113.63	123.18
Buildings	-	-	6.07	6.58	6.36
Machinery	0.09	0.07	6.17	6.68	6.38
Leasehold Improvements	-	-	3.13	10.14	9.6

Updated Jan 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.