VIP 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	7.05	19.57	8.62	13.31	15.22	82.6
Short-Term Investments	-	-	-	-	-	0.5
Cash & Short-Term Investments	7.05	19.57	8.62	13.31	15.22	83.1
Cash Growth	44.52%	127.08%	-35.25%	-12.52%	-81.69%	1544.79%
Accounts Receivable	0.93	1.95	1.49	0.36	2.7	0.24
Other Receivables	13.54	5.26	7.12	6.55	2.06	2.36
Receivables	14.47	7.21	8.62	6.91	4.75	2.6
Prepaid Expenses	1.36	1.54	2.03	3.39	4.87	7.48
Other Current Assets	6.66	6.48	7.54	0.82	8.22	7.43
Total Current Assets	29.54	34.81	26.8	24.43	33.06	100.6
Property, Plant & Equipment	13.11	15.69	30.3	45.1	130.42	216.01
Long-Term Deferred Tax Assets	-	-	-	-	-	15.06
Other Long-Term Assets	3.46	3.06	7.75	1.65	0.29	9.6
Total Assets	46.12	53.56	64.86	71.18	163.77	341.27
Accounts Payable	1.9	1.95	3.85	3.5	9.61	5.75
Accrued Expenses	15.32	18.57	13.15	17	17.98	9.32
Current Portion of Long-Term Debt	39.23	40.01	-	-	67.16	19.58
Current Portion of Leases	-	-	-	-	-	0.74
Current Income Taxes Payable	-	-	-	-	-	2.34
Current Unearned Revenue	2.91	2.32	2.34	-	-	-
Other Current Liabilities	0.16	0.16	-	0.48	3.97	4
Total Current Liabilities	59.52	63.01	19.34	20.98	98.72	41.73
Long-Term Debt	3.02	3.08	68.07	68.71	84.59	75.25
Long-Term Leases	0.13	0.14	-	-	-	-
Other Long-Term Liabilities	33.64	33.64	33.2	32.52	27.51	11.87
Total Liabilities	96.31	99.86	120.61	122.2	210.81	128.84
Common Stock	0	0	0	0	-	0
Additional Paid-In Capital	338.84	338.15	334.33	319.99	293.77	281.82
Retained Earnings	-389.04	-384.45	-389.74	-369.97	-340.46	-69.4
Comprehensive Income & Other	-	-	-0.35	-1.04	-0.36	-
Shareholders' Equity	-50.19	-46.3	-55.75	-51.02	-47.05	212.42
Total Liabilities & Equity	46.12	53.56	64.86	71.18	163.77	341.27
Total Debt	42.38	43.22	68.07	68.71	151.75	95.56
Net Cash (Debt)	-35.33	-23.65	-59.45	-55.4	-136.53	-12.47
Net Cash Per Share	-2.23	-1.54	-5.66	-8.32	-32.22	-3.90
Filing Date Shares Outstanding	16.86	16.23	14.48	9.79	5.98	4.14
Total Common Shares Outstanding	16.23	15.8	13.03	9.13	4.63	4.09
Working Capital	-29.98	-28.2	7.46	3.46	-65.66	58.88
Book Value Per Share	-3.09	-2.93	-4.28	-5.59	-10.17	51.98
Tangible Book Value	-50.19	-46.3	-55.75	-51.02	-47.05	212.42
Tangible Book Value Per Share	-3.09	-2.93	-4.28	-5.59	-10.17	51.98
Land	0.54	0.54	1.95	7.68	8.46	8.46
Machinery	0.05	0.05	0.05	0.05	0.05	0.23
Construction In Progress	0.12	0.33	1.83	6.23	18.35	25.86