X3 Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2.65	4.19	2.99	9.38	6.96	8.39
Cash & Short-Term Investments	2.65	4.19	2.99	9.38	6.96	8.39
Cash Growth	80.40%	40.19%	-68.11%	34.76%	-17.03%	45.35%
Accounts Receivable	16.71	17.28	21.49	14.81	24.22	14.31
Other Receivables	-	-	-	-	-	0.62
Receivables	18.02	18.63	22.55	74.44	28.03	20.3
Prepaid Expenses	2.35	1.7	2.43	1.45	-	-
Restricted Cash	-	0.07	1.72	-	0.1	-
Other Current Assets	0.62	0.9	1.36	2.14	3.53	6.07
Total Current Assets	23.64	25.5	31.07	87.41	38.62	34.76
Property, Plant & Equipment	6.53	6.32	6.26	6.05	10.26	7.18
Long-Term Investments	0.04	-	11.27	30.76	-	-
Goodwill	-	4.84	15.03	-	-	-
Other Intangible Assets	3.17	11.07	35.03	5.16	-	-
Long-Term Deferred Tax Assets	0.79	0.98	1.02	0.98	0.6	0.42
Other Long-Term Assets	37.55	37.69	76.27	0.23	0.38	0.39
Total Assets	71.73	86.4	175.96	130.59	114.82	106.18
Accounts Payable	16.38	18.07	18.57	12.82	21.1	24.28
Accrued Expenses	2.92	3.28	1.26	1.84	0.97	2.3
Short-Term Debt	3.41	11.03	9.52	11.69	7.12	4.6
Current Portion of Leases	0.3	0.22	0.26	0.09	-	-
Current Income Taxes Payable	0.01	0.01	0.01	-	0.59	0.57
Current Unearned Revenue	1.88	1.86	2.18	1.38	1.34	1.1
Other Current Liabilities	0	0	0.04	0.12	0.79	0.64
Total Current Liabilities	24.89	34.46	31.83	27.94	31.92	33.49
Long-Term Leases	0.37	0.15	0.11	0.1	-	-
Long-Term Deferred Tax Liabilities	-	1.88	-	-	-	-
Total Liabilities	25.26	36.49	31.94	28.04	31.92	33.49
Common Stock	0	0	0	0.47	0.09	0.08
Additional Paid-In Capital	325.15	363.71	347.08	164.75	117.94	100.15
Retained Earnings	-272.17	-255.79	-168.68	-59.08	-37.58	-28.23
Comprehensive Income & Other	-10.36	-61.98	-45.56	-3.33	2.7	0.81
Total Common Equity	42.62	45.94	132.84	102.81	83.16	72.81
Minority Interest	3.86	3.96	11.18	-0.26	-0.26	-0.11
Shareholders' Equity	46.47	49.91	144.02	102.55	82.9	72.69
Total Liabilities & Equity	71.73	86.4	175.96	130.59	114.82	106.18
Total Debt	4.07	11.39	9.89	11.88	7.12	4.6
Net Cash (Debt)	-1.42	-7.2	-6.9	-2.5	-0.16	3.79
Net Cash Growth	-	-	-	-	-	-9.54%
Net Cash Per Share	-3.33	-19.26	-161.49	-	-	-
Filing Date Shares Outstanding	6.21	2.29	2.29	0.03	0	0
Total Common Shares Outstanding	6.21	2.29	2.29	0.01	0	0
Working Capital	-1.26	-8.96	-0.76	59.47	6.7	1.27
Book Value Per Share	6.86	20.02	57.91	9801.11	39787.39	43208.04
Tangible Book Value	39.45	30.03	82.77	97.65	83.16	72.81
Tangible Book Value Per Share	6.35	13.09	36.08	9308.95	39787.39	43208.04
Buildings	-	4.46	4.58	4.72	-	-
Machinery	-	2.75	2.6	2.6	2.9	2.74
Construction In Progress	-	1.08	0.62	-	2.66	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q