ScanTech AI Systems Inc. (STAI)

ScanTech AI Systems Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	0.02	0.33	0.09
Cash & Short-Term Investments	0.02	0.33	0.09
Cash Growth	-93.30%	258.25%	-
Accounts Receivable	0.29	-	-
Other Receivables	0.16	0.28	0.4
Receivables	0.45	0.28	0.4
Inventory	1.43	0.25	-
Prepaid Expenses	0.16	0.24	0.03
Other Current Assets	-	0.16	0.16
Total Current Assets	2.07	1.27	0.69
Property, Plant & Equipment	0.05	0.08	0.11
Other Long-Term Assets	0.04	-	-
Total Assets	2.15	1.35	0.8
Accounts Payable	4.73	3.17	2.14
Accrued Expenses	68.61	56.38	47.83
Short-Term Debt	49.99	43.65	28.28
Current Portion of Leases	-	-	0.01
Current Income Taxes Payable	6.23	5.42	4.63
Current Unearned Revenue	1.62	1.02	-
Other Current Liabilities	26.54	24.21	8.3
Total Current Liabilities	157.73	133.85	91.19
Long-Term Debt	-	-	6.62
Other Long-Term Liabilities	28.9	26.69	24.65
Total Liabilities	186.63	160.53	122.46
Retained Earnings	-184.48	-159.18	-121.66
Shareholders' Equity	-184.48	-159.18	-121.66
Total Liabilities & Equity	2.15	1.35	0.8
Total Debt	49.99	43.65	34.91
Net Cash (Debt)	-49.97	-43.31	-34.81
Net Cash Per Share	-0.16	-0.23	-0.52
Filing Date Shares Outstanding	25.61	21.7	67.13
Total Common Shares Outstanding	21.7	21.7	67.13
Working Capital	-155.67	-132.58	-90.5
Book Value Per Share	-8.50	-7.34	-1.81
Tangible Book Value	-184.48	-159.18	-121.66
Tangible Book Value Per Share	-8.50	-7.34	-1.81
Machinery	0.16	0.16	0.18

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.