Workhorse Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2008
Cash & Equivalents	35.85	99.28	201.65	241.23	24.87	1.51	4.07	0.47	7.68	0.44	Upgrade
Cash & Cash Equivalents	35.85	99.28	201.65	241.23	24.87	1.51	4.07	0.47	7.68	0.44	Upgrade
Cash Growth	-63.89%	-50.77%	-16.41%	870.02%	1543.92%	-62.83%	766.64%	-93.88%	1635.91%	6200.85%	Upgrade
Receivables	4.47	17.08	0.15	1.04	0.04	0.05	1.06	0.73	0	0	Upgrade
Inventory	45.41	8.85	10.07	15.47	1.8	2.53	4.62	2.46	0.08	0.39	Upgrade
Other Current Assets	8.1	14.15	4.36	32.76	4.81	2.27	0.95	0.26	3.15	0.07	Upgrade
Total Current Assets	93.83	139.36	216.22	290.49	31.52	6.37	10.7	3.92	10.91	0.91	Upgrade
Property, Plant & Equipment	47.67	33.21	9.44	11.4	6.83	5.24	5.6	6	3.74	4.04	Upgrade
Long-Term Investments	0	10	0	330.56	12.32	0.2	0.21	0.32	0	0	Upgrade
Other Long-Term Assets	0.18	0.18	2.48	0.09	0	0	0	0	0	0	Upgrade
Total Long-Term Assets	47.85	43.38	11.92	342.05	19.15	5.44	5.81	6.32	3.74	4.04	Upgrade
Total Assets	141.67	182.74	228.14	632.54	50.67	11.8	16.5	10.24	14.64	4.95	Upgrade
Accounts Payable	12.46	10.24	7.85	4.79	1.68	4.34	5.66	3.22	2.01	1.99	Upgrade
Deferred Revenue	4.71	5.38	0	0	0	0	0	0	0	0	Upgrade
Current Debt	23.74	1.29	0.36	1.41	19.62	1.34	0.38	0.08	16.31	1.28	Upgrade
Other Current Liabilities	12.37	46.41	19.34	11.4	25.75	13.23	0.48	1.03	0.11	0	Upgrade
Total Current Liabilities	53.28	63.31	27.55	17.6	47.04	18.92	6.52	4.33	18.42	3.27	Upgrade
Long-Term Debt	5.28	8.84	25.9	197.7	19.4	8.31	6.47	2.09	0	2.49	Upgrade
Other Long-Term Liabilities	0	2.01	0	22.04	19.14	0	0	0	0	0	Upgrade
Total Long-Term Liabilities	5.28	10.85	25.9	219.74	38.54	8.31	6.47	2.09	0	2.49	Upgrade
Total Liabilities	58.56	74.16	53.45	237.34	85.59	27.23	12.99	6.42	18.42	5.76	Upgrade
Total Debt	29.02	10.13	26.26	199.11	39.02	9.65	6.85	2.17	16.31	3.77	Upgrade
Debt Growth	186.63%	-61.44%	-86.81%	410.28%	304.24%	40.84%	216.15%	-86.71%	332.20%	43.40%	Upgrade
Retained Earnings	-751.57	-627.65	-510.37	-109.03	-178.81	-141.56	-104.29	-63.07	-43.52	-34.09	Upgrade
Comprehensive Income	0	0	-1.4	0	0	0	0	0	0	0	Upgrade
Shareholders' Equity	83.11	108.59	174.69	395.2	-34.91	-15.42	3.51	3.82	-3.78	-0.81	Upgrade
Net Cash / Debt	6.82	89.15	175.39	42.12	-14.15	-8.14	-2.78	-1.7	-8.63	-3.33	Upgrade
Net Cash / Debt Growth	-92.34%	-49.17%	316.42%	-	-	-	-	-	-	-	Upgrade
Net Cash Per Share	0.03	0.56	1.36	0.42	-0.22	-0.16	-0.07	-0.07	-0.50	-0.24	Upgrade
Working Capital	40.54	76.05	188.67	272.9	-15.52	-12.55	4.18	-0.42	-7.52	-2.36	Upgrade
Book Value Per Share	0.40	0.69	1.36	4.25	-0.54	-0.31	0.09	0.15	-0.22	-0.06	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).