C3is Inc. 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	1.41	4.64	0.7	-
Short-Term Investments	5.2	7.95	8.37	-
Cash & Short-Term Investments	6.61	12.59	9.06	-
Cash Growth	-17.50%	38.90%	-	-
Accounts Receivable	3.49	2.82	10.44	0.67
Other Receivables	-	-	-	0.15
Receivables	3.49	2.82	10.44	0.82
Inventory	0.61	0.88	0.69	0.17
Other Current Assets	0.26	0.05	0.11	0.04
Total Current Assets	10.97	16.34	20.31	1.02
Property, Plant & Equipment	79.27	84.15	75.16	38.84
Total Assets	90.24	100.49	95.47	39.86
Accounts Payable	1.85	0.91	0.55	0.79
Accrued Expenses	1.03	2.71	1.1	0.17
Current Portion of Leases	0.04	0.03	-	-
Current Unearned Revenue	0.14	0.16	0.22	-
Other Current Liabilities	4.35	14.88	38.07	-
Total Current Liabilities	7.42	18.69	39.93	0.97
Other Long-Term Liabilities	3.85	10.44	-	-
Total Liabilities	11.27	29.13	39.93	0.97
Common Stock	0.02	0.01	0	38.89
Additional Paid-In Capital	75.82	71.09	47.19	-
Retained Earnings	3.13	0.26	8.35	-
Total Common Equity	78.96	71.36	55.54	38.89
Shareholders' Equity	78.97	71.36	55.54	38.89
Total Liabilities & Equity	90.24	100.49	95.47	39.86
Total Debt	0.04	0.03	-	-
Net Cash (Debt)	6.57	12.56	9.06	-
Net Cash Growth	-17.57%	38.58%	-	-
Net Cash Per Share	33.03	799.15	-	-
Filing Date Shares Outstanding	0.05	0.04	0.02	-
Total Common Shares Outstanding	0.05	0.04	-	-
Working Capital	3.55	-2.35	-19.62	0.06
Book Value Per Share	1508.83	2019.96	-	-
Tangible Book Value	78.96	71.36	55.54	38.89
Tangible Book Value Per Share	1508.83	2019.96	-	-
Machinery	-	94.99	79.82	39.39

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