Ultralife Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	9.35	6.85	10.28	5.71	8.41
Cash & Short-Term Investments	9.35	6.85	10.28	5.71	8.41
Cash Growth	36.34%	-33.31%	79.91%	-32.09%	-21.03%
Accounts Receivable	33.95	29.37	31.76	27.78	20.23
Inventory	54.01	51.36	42.22	41.19	33.19
Other Current Assets	8.5	9.57	5.95	4.3	4.69
Total Current Assets	105.8	97.16	90.2	78.99	66.52
Net Property, Plant & Equipment	40.4	40.49	21.12	21.72	23.21
Other Intangible Assets	10.93	24.56	15.11	15.92	17.39
Goodwill	45.38	45.01	37.57	37.43	38.07
Other Long-Term Assets	14.41	13.24	14.28	14.38	14.35
Total Assets	216.91	220.45	178.28	168.43	159.54
Accounts Payable	17.42	14.16	11.34	16.07	9.82
Accrued Expenses	15.79	12.38	10.39	10.84	7.1
Current Portion of Long-Term Debt	4.13	2.75	2	2	2
Total Current Liabilities	37.33	29.29	23.73	28.91	18.92
Long-Term Debt	45.53	51.5	23.62	19.31	18.86
Other Long-Term Liabilities	3.92	5.47	5.5	3.8	4.01
Total Long-Term Liabilities	49.45	56.97	29.12	23.11	22.87
Total Liabilities	86.78	86.26	52.85	52.03	41.8
Common Stock	2.11	2.11	2.08	2.06	2.05
Treasury Stock	-21.49	-21.49	-21.49	-21.48	-21.47
Additional Paid-in Capital	192.86	191.83	189.16	187.41	186.52
Accumulated Other Comprehensive Income	-3.14	-4.01	-3.66	-3.75	-1.65
Retained Earnings	-40.34	-34.44	-40.75	-47.95	-47.83
Total Common Shareholders' Equity	130	134	125.33	116.28	117.62
Minority Interest	0.14	0.19	0.1	0.13	0.13
Shareholders' Equity	130.13	134.19	125.43	116.4	117.74
Total Liabilities & Equity	216.91	220.45	178.28	168.43	159.54
Total Debt	49.65	54.25	25.62	21.31	20.86
Net Cash (Debt)	-40.31	-47.4	-15.35	-15.6	-12.44
Net Cash Per Share	-2.42	-2.83	-0.95	-0.97	-0.78
Book Value	130	134	125.33	116.28	117.62
Book Value Per Share	7.81	7.99	7.72	7.21	7.33
Tangible Book Value	73.69	64.43	72.65	62.93	62.16
Tangible Book Value Per Share	4.43	3.84	4.48	3.90	3.88

Updated Mar 10, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q