XMax Inc. (XMAX)

XMax Inc. Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	9.91	6.71	0.16	0.37	1.37	6.28
Cash & Short-Term Investments	9.91	6.71	0.16	0.37	1.37	6.28
Cash Growth	6628.62%	4043.46%	-56.14%	-73.14%	-78.11%	-28.23%
Accounts Receivable	2.46	2.45	0.04	0.05	0.29	0.1
Other Receivables	0.04	0.01	0.02	0.04	0.08	0.3
Receivables	7.85	2.45	0.05	0.09	0.37	0.4
Inventory	1.66	2.48	7.51	2.31	4.95	3.33
Prepaid Expenses	0.06	0.14	0.2	0.98	1.5	0.41
Other Current Assets	0.23	-	-	-	-	15.15
Total Current Assets	19.71	11.78	7.93	3.75	8.2	25.57
Property, Plant & Equipment	0.44	0.62	1.71	2.19	3.03	3.61
Goodwill	-	-	0.22	0.22	0.22	0.22
Other Intangible Assets	-	-	0	0.01	0.01	0.02
Other Long-Term Assets	26.99	23.15	0.05	0.07	0.07	0.11
Total Assets	47.14	35.55	9.92	6.24	11.53	29.53
Accounts Payable	0.13	0.33	0.73	0.43	0.32	0.36
Accrued Expenses	0.46	0.91	1.67	1.07	0.38	0.33
Short-Term Debt	0.41	0.4	0.39	-	-	-
Current Portion of Long-Term Debt	0	0	0.01	-	-	-
Current Portion of Leases	0.44	0.61	0.75	0.7	0.74	0.73
Current Income Taxes Payable	-	-	1.85	1.15	0	-
Current Unearned Revenue	0.09	0.06	0.41	0.31	-	-
Other Current Liabilities	-	0.08	0.02	0.03	0.21	0.4
Total Current Liabilities	1.52	2.39	5.83	3.69	1.64	1.81
Long-Term Debt	5.25	5.18	0.2	0.15	0.15	0.15
Long-Term Leases	0.01	0.02	0.77	1.26	1.97	2.58
Other Long-Term Liabilities	-	-	-	0.64	1.16	1.54
Total Liabilities	6.79	7.59	6.79	5.74	4.92	6.09
Common Stock	0.05	0.04	0.01	0	0	0.01
Additional Paid-In Capital	93.01	80.82	52.59	44.4	43.24	42.66
Retained Earnings	-53.22	-53.41	-49.99	-44.43	-36.71	-19.6
Comprehensive Income & Other	0.5	0.5	0.52	0.52	0.08	0.38
Shareholders' Equity	40.35	27.96	3.12	0.5	6.61	23.44
Total Liabilities & Equity	47.14	35.55	9.92	6.24	11.53	29.53
Total Debt	6.11	6.21	2.12	2.11	2.86	3.46
Net Cash (Debt)	3.8	0.5	-1.95	-1.74	-1.48	2.82
Net Cash Growth	-	-	-	-	-	-54.27%
Net Cash Per Share	0.13	0.02	-0.52	-1.12	-1.07	2.31
Filing Date Shares Outstanding	63.6	47.21	13.21	2.32	1.44	1.37
Total Common Shares Outstanding	53.53	41.89	7.3	1.92	1.42	1.37
Working Capital	18.18	9.39	2.11	0.06	6.56	23.75
Book Value Per Share	0.75	0.67	0.43	0.26	4.64	17.15
Tangible Book Value	40.35	27.96	2.9	0.27	6.38	23.21
Tangible Book Value Per Share	0.75	0.67	0.40	0.14	4.48	16.97
Machinery	-	0.2	0.27	0.26	0.28	0.4

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q