Rubico 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	3.96	1.16	2.79	1.38	1.65
Cash & Short-Term Investments	3.96	1.16	2.79	1.38	1.65
Cash Growth	241.43%	-58.45%	103.20%	-16.72%	-
Accounts Receivable	1.02	0.23	-	-	-
Other Receivables	1.08	-	-	-	-
Receivables	2.1	0.23	-	-	-
Inventory	0.19	0.18	0.2	0.07	0.03
Prepaid Expenses	0.79	0.13	0.18	0.04	0.08
Other Current Assets	-	0.35	-	-	-
Total Current Assets	7.05	2.04	3.18	1.49	1.76
Property, Plant & Equipment	106.19	110.37	114.55	59.64	61.88
Long-Term Deferred Charges	0.43	-	-	-	-
Other Long-Term Assets	20.4	1	1	0.5	0.5
Total Assets	134.07	113.41	118.73	61.63	64.14
Accounts Payable	2.84	0.9	0.26	0.2	0.11
Accrued Expenses	0.74	0.3	0.3	0.25	0.13
Current Portion of Long-Term Debt	4.35	4.22	4.22	2.93	2.92
Current Unearned Revenue	2.09	2.2	2.41	1.05	1.05
Other Current Liabilities	-	-	-	-	22.3
Total Current Liabilities	10	7.62	7.19	4.43	26.51
Long-Term Debt	77.94	71.58	75.81	30.24	33.15
Long-Term Unearned Revenue	0.33	0.1	-	-	-
Total Liabilities	88.27	79.3	82.99	34.66	59.66
Common Stock	0	3.07	10.63	18	1
Additional Paid-In Capital	14.03	-	-	-	-
Retained Earnings	31.76	31.05	25.11	8.96	3.48
Total Common Equity	45.8	34.12	35.73	26.96	4.48
Shareholders' Equity	45.8	34.12	35.73	26.96	4.48
Total Liabilities & Equity	134.07	113.41	118.73	61.63	64.14
Total Debt	82.28	75.8	80.03	33.17	36.07
Net Cash (Debt)	-78.32	-74.64	-77.24	-31.79	-34.42
Net Cash Per Share	-1452.84	-5712.97	-5911.83	-2433.03	-2125.73
Filing Date Shares Outstanding	7.57	0.01	0.01	0.02	0.09
Total Common Shares Outstanding	0.39	0.01	0.01	0.02	0.09
Working Capital	-2.96	-5.57	-4.01	-2.94	-24.75
Book Value Per Share	118.80	2548.56	2734.81	1665.10	52.42
Tangible Book Value	45.8	34.12	35.73	26.96	4.48
Tangible Book Value Per Share	118.80	2548.56	2734.81	1665.10	52.42
Machinery	126.65	126.65	126.65	63.3	63.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.