SSII 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	15.87	0.47	2.02	0.22	0.03
Cash & Short-Term Investments	15.87	0.47	2.02	0.22	0.03
Cash Growth	1574.12%	-76.93%	831.16%	740.14%	-
Accounts Receivable	3.96	4.47	1.9	0.16	0.1
Other Receivables	4.08	2.69	1.9	2.34	-
Receivables	8.04	7.16	3.81	2.49	0.1
Inventory	14.3	10.21	7.02	0.9	0.12
Prepaid Expenses	3.29	3.59	3.25	0.42	0.73
Restricted Cash	5.89	5.84	5.03	0.06	-
Other Current Assets	0.23	0.16	0.3	0.01	-
Total Current Assets	47.62	27.42	21.43	4.1	0.98
Property, Plant & Equipment	9.67	8.01	3.36	1.92	0.76
Long-Term Accounts Receivable	2.82	3.3	2.37	0.89	-
Other Long-Term Assets	3.35	3.66	4.36	0.08	-
Total Assets	63.46	42.39	31.52	6.98	1.74
Accounts Payable	3.64	2.31	0.9	0.17	0.22
Accrued Expenses	1.23	1.31	0.44	0.5	0.22
Short-Term Debt	7.68	15.44	6.02	6.12	0.39
Current Portion of Long-Term Debt	-	-	0.51	0.12	0.13
Current Portion of Leases	0.37	0.41	0.4	0.18	-
Current Unearned Revenue	1.87	1.28	0.16	0	-
Other Current Liabilities	0.2	0.57	0.05	0.68	-
Total Current Liabilities	15	21.33	8.47	7.77	0.97
Long-Term Debt	-	-	-	0.47	0.13
Long-Term Leases	2.4	2.35	2.35	1.37	-
Long-Term Unearned Revenue	5.41	5.17	0.94	0.04	-
Other Long-Term Liabilities	-	-	-	-	-0
Total Liabilities	22.9	28.93	11.8	9.66	1.1
Common Stock	0.02	0.02	0.02	0.01	0.1
Additional Paid-In Capital	89.71	56.95	43.46	-	-
Retained Earnings	-49.34	-43.66	-24.51	-3.63	-0.36
Comprehensive Income & Other	0.17	0.15	0.75	0.94	0.9
Total Common Equity	40.55	13.46	19.72	-2.68	0.64
Shareholders' Equity	40.55	13.46	19.72	-2.68	0.64
Total Liabilities & Equity	63.46	42.39	31.52	6.98	1.74
Total Debt	10.45	18.2	9.28	8.27	0.66
Net Cash (Debt)	5.42	-17.74	-7.25	-8.05	-0.63
Net Cash Per Share	0.03	-0.10	-0.05	-0.06	-0.22
Filing Date Shares Outstanding	193.6	193.56	170.86	-	2.86
Total Common Shares Outstanding	193.56	171.58	170.71	-	2.86
Working Capital	32.62	6.09	12.95	-3.67	0.01
Book Value Per Share	0.21	0.08	0.12	-	0.22
Tangible Book Value	40.55	13.46	19.72	-2.68	0.64
Tangible Book Value Per Share	0.21	0.08	0.12	-	0.22
Machinery	7.12	5.73	0.88	0.62	-
Construction In Progress	0.16	0.05	-	-	-
Leasehold Improvements	0.62	0.25	0.15	-	-

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