Solesence Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	0.57	1.29	1.41	1.72	2.19	0.66
Cash & Short-Term Investments	0.57	1.29	1.41	1.72	2.19	0.66
Cash Growth	-68.47%	-8.59%	-18.18%	-21.23%	232.72%	-31.35%
Accounts Receivable	6.38	6.84	4.87	3.47	4.73	3.94
Inventory	17.56	18.51	20.27	10.03	8.84	6.1
Other Current Assets	1.9	2.14	2.8	1.08	0.87	0.91
Total Current Assets	26.41	28.78	29.35	16.3	16.63	11.6
Net Property, Plant & Equipment	21.34	21.24	20.65	16.58	16.93	16.79
Other Long-Term Assets	0.04	0.04	0	0	0.01	0.01
Total Assets	47.79	50.06	50	32.88	33.56	28.39
Accounts Payable	4.67	4.1	9.09	6.26	6.36	3.57
Accrued Expenses	2.51	2.88	4.85	0.87	1.02	0.95
Short-Term Debt	3.05	4.77	-	2.81	4.28	1.35
Current Portion of Long-Term Debt	-	-	5	2	-	-
Current Portion of Leases	1.3	1.26	1.26	1.3	-	0.69
Unearned Revenue	1.17	0.93	5.57	2.35	2.17	0.78
Total Current Liabilities	12.69	13.93	25.77	15.59	13.84	7.34
Long-Term Debt	10.5	10.5	-	6	4	1
Long-Term Leases	7.44	7.8	9.04	9.15	9.82	11.71
Other Long-Term Liabilities	0.2	0.19	0.25	0.24	0.25	0.88
Total Long-Term Liabilities	18.14	18.49	9.28	15.39	14.07	13.59
Total Liabilities	30.83	32.42	35.06	30.98	27.91	20.93
Common Stock	0.71	0.71	0.7	0.5	0.49	0.49
Additional Paid-in Capital	115.67	115.57	114.67	106.07	105.23	104.42
Retained Earnings	-99.4	-98.64	-100.43	-104.66	-100.07	-97.45
Shareholders' Equity	16.97	17.63	14.95	1.9	5.65	7.47
Total Liabilities & Equity	47.79	50.06	50	32.88	33.56	28.39
Total Debt	22.28	24.32	15.3	21.26	18.11	14.75
Net Cash (Debt)	-21.71	-23.03	-13.89	-19.54	-15.92	-14.09
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.30	-0.32	-0.21	-0.39	-0.32	-0.28
Book Value	16.97	17.63	14.95	1.9	5.65	7.47
Book Value Per Share	0.24	0.24	0.23	0.04	0.12	0.15
Tangible Book Value	16.97	17.63	14.95	1.9	5.65	7.47
Tangible Book Value Per Share	0.24	0.24	0.23	0.04	0.12	0.15

SEC Filings: 10-K · 10-Q