SES AI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	66.74	85.67	106.62	160.5	2.44	25.4
Short-Term Investments	206.98	246.78	283.46	-	12.29	-
Cash & Short-Term Investments	273.72	332.45	390.08	160.5	14.73	25.4
Cash Growth	-20.00%	-14.78%	143.05%	989.59%	-42.01%	-
Other Receivables	5.56	9.01	2.38	8.31	-	-
Receivables	5.56	9.01	2.38	8.31	-	-
Inventory	0.32	0.56	0.38	-	-	-
Prepaid Expenses	11.89	6.61	3.79	1.16	0.27	0.19
Restricted Cash	-	-	-	-	0.1	0.3
Total Current Assets	291.5	348.63	396.64	169.97	15.1	25.89
Property, Plant & Equipment	52.82	51.06	39.12	12.49	6.04	7.19
Other Intangible Assets	1.25	1.35	1.47	1.63	1.73	1.86
Long-Term Deferred Tax Assets	1.06	1.06	-	-	-	-
Other Long-Term Assets	3.28	4.72	3.21	9.26	1.71	1.5
Total Assets	349.91	406.81	440.44	193.35	24.59	36.43
Accounts Payable	2.23	4.83	6.19	4.71	1.03	0.64
Accrued Expenses	7.67	8.3	4.68	3.22	1.22	0.59
Short-Term Debt	-	-	-	-	0.84	-
Current Portion of Leases	2.62	2.4	1.9	-	-	-
Current Income Taxes Payable	0.43	0.29	1.42	0.23	0.12	0.11
Other Current Liabilities	6.19	4.54	5.17	2.83	0.67	0.91
Total Current Liabilities	19.13	20.36	19.36	10.99	3.88	2.24
Long-Term Leases	8.41	11.32	10.17	-	-	-
Long-Term Unearned Revenue	9.59	9.27	6.66	-	-	-
Other Long-Term Liabilities	3.49	6.92	12.72	0.75	0.74	0.67
Total Liabilities	40.62	47.86	48.9	11.73	4.61	2.9
Common Stock	0.04	0.04	0.04	0.01	-	-
Additional Paid-In Capital	574.92	559.21	538.04	5.6	0.84	0.68
Retained Earnings	-264.33	-198.69	-145.29	-94.29	-63.04	-49.15
Comprehensive Income & Other	-1.35	-1.61	-1.25	0.37	0.13	-0.06
Total Common Equity	309.28	358.95	391.54	-88.32	-62.07	-48.52
Shareholders' Equity	309.28	358.95	391.54	181.62	19.98	33.52
Total Liabilities & Equity	349.91	406.81	440.44	193.35	24.59	36.43
Total Debt	11.03	13.72	12.06	-	0.84	-
Net Cash (Debt)	262.69	318.73	378.02	160.5	13.89	25.4
Net Cash Growth	-20.51%	-15.69%	135.53%	1055.49%	-45.31%	-
Net Cash Per Share	0.82	1.01	1.31	2.63	0.23	2.48
Filing Date Shares Outstanding	360.58	354.96	349.81	10.47	10.25	10.22
Total Common Shares Outstanding	357.62	354.15	349.71	10.47	10.25	10.22
Working Capital	272.36	328.27	377.28	158.99	11.23	23.65
Book Value Per Share	0.86	1.01	1.12	-8.43	-6.06	-4.75
Tangible Book Value	308.04	357.61	390.07	-89.95	-63.8	-50.38
Tangible Book Value Per Share	0.86	1.01	1.12	-8.59	-6.23	-4.93
Machinery	-	22.93	18.49	7.6	6.46	6.09
Construction In Progress	-	9.77	5.42	6.04	-	-
Leasehold Improvements	-	18.23	11.44	4.11	3.37	3.31

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