Ultralife 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	8.89	9.35	6.85	10.28	5.71	8.41
Cash & Short-Term Investments	8.89	9.35	6.85	10.28	5.71	8.41
Cash Growth	1.96%	36.34%	-33.31%	79.91%	-32.09%	-21.03%
Accounts Receivable	34.43	33.95	29.37	31.76	27.78	20.23
Inventory	57.29	54.01	51.36	42.22	41.19	33.19
Other Current Assets	9.5	8.5	9.57	5.95	4.3	4.69
Total Current Assets	110.1	105.8	97.16	90.2	78.99	66.52
Net Property, Plant & Equipment	40.12	40.4	40.49	21.12	21.72	23.21
Other Intangible Assets	10.65	10.93	24.56	15.11	15.92	17.39
Goodwill	45.33	45.38	45.01	37.57	37.43	38.07
Other Long-Term Assets	14.43	14.41	13.24	14.28	14.38	14.35
Total Assets	220.63	216.91	220.45	178.28	168.43	159.54
Accounts Payable	24.06	17.42	14.16	11.34	16.07	9.82
Accrued Expenses	15.56	15.79	12.38	10.39	10.84	7.1
Current Portion of Long-Term Debt	3.44	4.13	2.75	2	2	2
Total Current Liabilities	43.05	37.33	29.29	23.73	28.91	18.92
Long-Term Debt	44.19	45.53	51.5	23.62	19.31	18.86
Other Long-Term Liabilities	3.64	3.92	5.47	5.5	3.8	4.01
Total Long-Term Liabilities	47.83	49.45	56.97	29.12	23.11	22.87
Total Liabilities	90.89	86.78	86.26	52.85	52.03	41.8
Common Stock	2.11	2.11	2.11	2.08	2.06	2.05
Treasury Stock	-21.49	-21.49	-21.49	-21.49	-21.48	-21.47
Additional Paid-in Capital	192.86	192.86	191.83	189.16	187.41	186.52
Accumulated Other Comprehensive Income	-3.06	-3.14	-4.01	-3.66	-3.75	-1.65
Retained Earnings	-40.79	-40.34	-34.44	-40.75	-47.95	-47.83
Total Common Shareholders' Equity	129.63	130	134	125.33	116.28	117.62
Minority Interest	0.12	0.14	0.19	0.1	0.13	0.13
Shareholders' Equity	129.75	130.13	134.19	125.43	116.4	117.74
Total Liabilities & Equity	220.63	216.91	220.45	178.28	168.43	159.54
Total Debt	47.63	49.65	54.25	25.62	21.31	20.86
Net Cash (Debt)	-38.74	-40.31	-47.4	-15.35	-15.6	-12.44
Net Cash Per Share	-2.33	-2.42	-2.83	-0.95	-0.97	-0.78
Book Value	129.63	130	134	125.33	116.28	117.62
Book Value Per Share	7.78	7.81	7.99	7.72	7.21	7.33
Tangible Book Value	73.65	73.69	64.43	72.65	62.93	62.16
Tangible Book Value Per Share	4.42	4.43	3.84	4.48	3.90	3.88

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q