Solid Power 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	47.29	25.41	34.54	50.12	513.45	4.97
Short-Term Investments	203.93	92.78	141.51	272.96	75.89	-
Cash & Short-Term Investments	251.21	118.2	176.04	323.08	589.33	4.97
Cash Growth	90.30%	-32.86%	-45.51%	-45.18%	11748.25%	-53.23%
Accounts Receivable	7.23	1.39	1.55	1.84	0.83	0.28
Receivables	7.23	1.39	1.55	1.84	0.83	0.28
Prepaid Expenses	3.73	5.65	5.52	2.89	4.22	0.23
Total Current Assets	262.18	125.24	183.12	327.81	594.38	5.48
Property, Plant & Equipment	95.95	105.55	107.4	91.41	22.08	8.48
Long-Term Investments	50.43	210.4	239.57	172.97	-	-
Other Intangible Assets	2.06	2.07	1.65	1.11	0.62	0.25
Other Long-Term Assets	1.16	0.72	1.06	1.15	0.6	-
Total Assets	416.14	448.25	532.79	594.45	617.68	14.21
Accounts Payable	9.39	8.12	6.46	11.33	4.33	0.2
Accrued Expenses	5.89	7.58	7.59	4.53	3.42	0.37
Current Portion of Long-Term Debt	-	-	-	0.01	0.12	1.24
Current Portion of Leases	0.89	1.12	1.01	0.82	-	-
Current Unearned Revenue	0.44	3.15	0.83	4.05	0.5	0.04
Total Current Liabilities	16.61	19.97	15.88	20.73	8.37	1.84
Long-Term Debt	-	-	-	-	0.01	5.1
Long-Term Leases	7.63	8.29	8.55	9.22	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.23	0.25
Other Long-Term Liabilities	10.71	9.71	5.03	9.12	50.41	3.14
Total Liabilities	34.95	37.97	29.46	39.07	59.02	10.34
Common Stock	0.02	0.02	0.02	0.02	0.02	0.01
Additional Paid-In Capital	628.5	591.39	588.52	577.6	568.18	31.49
Retained Earnings	-247.71	-181.17	-84.64	-19.09	-9.54	-27.63
Comprehensive Income & Other	0.39	0.04	-0.56	-3.16	-	-
Total Common Equity	381.2	410.28	503.34	555.37	558.67	3.87
Shareholders' Equity	381.2	410.28	503.34	555.37	558.67	3.87
Total Liabilities & Equity	416.14	448.25	532.79	594.45	617.68	14.21
Total Debt	8.52	9.41	9.55	10.05	0.13	6.34
Net Cash (Debt)	242.69	108.79	166.49	313.03	589.2	-1.36
Net Cash Growth	96.98%	-34.66%	-46.81%	-46.87%	-	-
Net Cash Per Share	1.34	0.61	0.94	1.80	5.13	-0.02
Filing Date Shares Outstanding	191.02	181.99	181.09	176.78	172.65	7.56
Total Common Shares Outstanding	190.21	180.36	179.01	176.01	167.56	7.56
Working Capital	245.57	105.27	167.24	307.08	586.01	3.63
Book Value Per Share	2.00	2.27	2.81	3.16	3.33	0.51
Tangible Book Value	379.14	408.21	501.69	554.26	558.05	3.62
Tangible Book Value Per Share	1.99	2.26	2.80	3.15	3.33	0.48
Machinery	62.81	58.66	49.91	26.36	11.19	7.85
Construction In Progress	6.39	5.14	13.65	40.04	12.68	0.11
Leasehold Improvements	73.26	73.11	59.11	28	4.67	4.66

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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