Lithium Ionic Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	20.22	23.76	11.17	21.49	7.79
Short-Term Investments	-	-	-	10	-
Cash & Short-Term Investments	20.22	23.76	11.17	31.49	7.79
Cash Growth	-28.16%	112.72%	-64.54%	304.34%	-
Other Receivables	0.12	0.57	0.34	0.57	0.04
Receivables	0.12	0.57	0.34	0.57	0.04
Prepaid Expenses	0.78	0.49	0.51	0.43	0
Total Current Assets	21.11	24.82	12.02	32.49	7.83
Property, Plant & Equipment	0.7	0.77	1.05	0.33	-
Other Intangible Assets	-	-	0.14	0.02	-
Long-Term Deferred Charges	27.11	7.08	-	-	-
Total Assets	48.92	32.67	13.2	32.84	7.83
Accounts Payable	9.95	5.06	4.3	0.76	0.5
Current Portion of Leases	0.14	0.16	0.26	0.11	-
Other Current Liabilities	0.53	0.57	0.23	1.25	0.45
Total Current Liabilities	10.62	5.79	4.78	2.12	0.95
Long-Term Leases	0.04	0.05	0.24	0.14	-
Other Long-Term Liabilities	27.36	29.88	-	-	-
Total Liabilities	38.02	35.73	5.02	2.26	0.95
Common Stock	110.84	101.76	86.51	49.71	7.49
Retained Earnings	-118.45	-119.62	-91.22	-26.9	-0.78
Comprehensive Income & Other	18.5	14.8	12.89	7.77	0.18
Shareholders' Equity	10.9	-3.06	8.18	30.58	6.89
Total Liabilities & Equity	48.92	32.67	13.2	32.84	7.83
Total Debt	0.17	0.21	0.5	0.25	-
Net Cash (Debt)	20.04	23.55	10.67	31.25	7.79
Net Cash Growth	-28.05%	120.61%	-65.84%	301.16%	-
Net Cash Per Share	0.13	0.16	0.08	0.33	0.21
Filing Date Shares Outstanding	173.75	158.58	138.19	121.39	100.47
Total Common Shares Outstanding	176.93	158.58	138.19	117.08	71.71
Working Capital	10.49	19.03	7.23	30.37	6.89
Book Value Per Share	0.06	-0.02	0.06	0.26	0.10
Tangible Book Value	10.9	-3.06	8.04	30.56	6.89
Tangible Book Value Per Share	0.06	-0.02	0.06	0.26	0.10
Land	0.27	0.27	0.27	-	-
Machinery	0.46	0.45	0.43	0.17	-

Source: S&P Capital IQ. Standard template. Financial Sources.