ScanTech AI Systems Inc. (STAI)

ScanTech AI Systems Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	0.11	0.33	0.09
Cash & Short-Term Investments	0.11	0.33	0.09
Cash Growth	-	258.25%	-
Other Receivables	0.22	0.28	0.4
Receivables	0.22	0.28	0.4
Inventory	0.4	0.25	-
Prepaid Expenses	0.14	0.24	0.03
Other Current Assets	0.18	0.16	0.16
Total Current Assets	1.05	1.27	0.69
Property, Plant & Equipment	0.07	0.08	0.11
Total Assets	1.11	1.35	0.8
Accounts Payable	3.39	3.17	2.14
Accrued Expenses	62.38	56.38	47.83
Short-Term Debt	46.45	43.65	28.28
Current Portion of Leases	-	-	0.01
Current Income Taxes Payable	6	5.42	4.63
Current Unearned Revenue	0.93	1.02	-
Other Current Liabilities	38.59	24.21	8.3
Total Current Liabilities	157.75	133.85	91.19
Long-Term Debt	-	-	6.62
Other Long-Term Liabilities	27.76	26.69	24.65
Total Liabilities	185.51	160.53	122.46
Retained Earnings	-184.39	-159.18	-121.66
Shareholders' Equity	-184.39	-159.18	-121.66
Total Liabilities & Equity	1.11	1.35	0.8
Total Debt	46.45	43.65	34.91
Net Cash (Debt)	-46.34	-43.31	-34.81
Net Cash Per Share	-0.15	-0.23	-0.52
Filing Date Shares Outstanding	11.74	21.7	67.13
Total Common Shares Outstanding	11.74	21.7	67.13
Working Capital	-156.7	-132.58	-90.5
Book Value Per Share	-15.71	-7.34	-1.81
Tangible Book Value	-184.39	-159.18	-121.66
Tangible Book Value Per Share	-15.71	-7.34	-1.81
Machinery	0.16	0.16	0.18

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