ZeroStack 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	1.98	5.6	5.22	4.35	8.94	37.61
Cash & Short-Term Investments	1.98	5.6	5.22	4.35	8.94	37.61
Cash Growth	-46.19%	7.14%	20.07%	-51.31%	-76.25%	142.31%
Accounts Receivable	0.3	0.37	4.95	5.14	6.33	4.31
Other Receivables	0.48	0.43	0.85	1.97	2.36	1.01
Receivables	0.78	0.8	5.81	7.1	8.96	5.6
Inventory	1.61	1.9	2.24	8.51	8.75	3.03
Prepaid Expenses	1.56	0.32	0.01	1.37	0.81	1.7
Restricted Cash	0.33	0.03	0.03	0.04	-	0
Other Current Assets	4.99	0.08	6.46	-	3.71	-
Total Current Assets	11.25	8.72	19.76	21.36	31.16	47.94
Property, Plant & Equipment	0.47	0.51	0.26	1.24	3.34	4.98
Long-Term Investments	-	-	-	-	0.73	2.67
Goodwill	-	-	-	-	23.37	20.05
Other Intangible Assets	-	-	-	0.95	17.74	9.74
Other Long-Term Assets	33.47	121.01	6.21	0.08	4.66	0.1
Total Assets	45.19	130.24	26.23	23.63	80.99	85.48
Accounts Payable	2.48	2.33	3.57	5.11	7.83	2.42
Accrued Expenses	1.1	2.25	1.17	1.84	1.76	1.24
Current Portion of Long-Term Debt	3.12	2.72	2.08	1.93	1.09	0.02
Current Portion of Leases	0.14	0.16	0.13	0.8	1.12	0.41
Other Current Liabilities	1.27	1.17	11.88	6.6	5.65	2.03
Total Current Liabilities	8.1	8.63	18.83	16.28	17.45	6.12
Long-Term Debt	0.04	50.77	-	-	-	-
Long-Term Leases	0.25	0.28	0.12	0.94	1.56	0.91
Long-Term Deferred Tax Liabilities	-	0.01	-	-	1.71	1.51
Other Long-Term Liabilities	-	-	2.76	-	3.86	-
Total Liabilities	8.39	59.68	21.72	17.22	24.58	8.54
Additional Paid-In Capital	351.06	348.16	162.87	149.09	150.42	116.81
Retained Earnings	-314.45	-277.79	-158.14	-142.55	-90.87	-38.54
Comprehensive Income & Other	0.19	0.18	-0.22	-0.14	-2.73	-1.11
Total Common Equity	36.8	70.55	4.51	6.4	56.82	77.17
Minority Interest	-	-	-	-	-0.41	-0.23
Shareholders' Equity	36.8	70.55	4.51	6.4	56.41	76.94
Total Liabilities & Equity	45.19	130.24	26.23	23.63	80.99	85.48
Total Debt	3.55	53.93	2.33	3.67	3.76	1.34
Net Cash (Debt)	-1.57	-48.34	2.89	0.68	5.17	36.28
Net Cash Growth	-	-	326.40%	-86.89%	-85.74%	143.89%
Net Cash Per Share	-0.31	-17.56	9.09	3.59	52.64	643.75
Filing Date Shares Outstanding	2.43	2.43	0.5	0.23	0.18	0.1
Total Common Shares Outstanding	2.43	1.05	0.47	0.23	0.17	0.08
Working Capital	3.14	0.09	0.93	5.08	13.71	41.82
Book Value Per Share	15.14	67.47	9.51	28.08	326.92	918.68
Tangible Book Value	36.8	70.55	4.51	5.46	15.71	47.38
Tangible Book Value Per Share	15.14	67.47	9.51	23.93	90.40	564.02
Land	-	-	-	0.3	0.29	0.11
Buildings	0.1	0.1	0.03	0.08	-	0.93
Machinery	0.15	0.15	0.14	0.73	1.14	2.03
Construction In Progress	-	-	-	-	-	0.91

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q