Elauwit Connection Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	6.15	0.29	0.33
Cash & Short-Term Investments	6.15	0.29	0.33
Cash Growth	2044.25%	-12.77%	-
Receivables	2.62	4.52	0.9
Inventory	1	1.61	0.16
Prepaid Expenses	0.36	0.11	-
Other Current Assets	0.19	0.15	-
Total Current Assets	10.33	6.67	1.38
Property, Plant & Equipment	0.03	0.06	-
Long-Term Accounts Receivable	1.56	0.98	-
Other Long-Term Assets	0.03	0.03	0.03
Total Assets	11.94	7.73	1.41
Accounts Payable	1.81	1.91	0.39
Accrued Expenses	0.5	0.32	0.27
Current Portion of Long-Term Debt	1	0.7	0.55
Current Portion of Leases	0.03	0.04	-
Current Unearned Revenue	2.89	6.22	1.88
Other Current Liabilities	-	-	-0.12
Total Current Liabilities	6.22	9.18	2.97
Long-Term Debt	1	2.73	0.67
Long-Term Leases	-	0.02	-
Long-Term Unearned Revenue	0.31	-	-
Other Long-Term Liabilities	-	0.34	0.68
Total Liabilities	7.53	12.26	4.32
Additional Paid-In Capital	19.01	5.86	0.63
Retained Earnings	-14.59	-10.37	-6.89
Comprehensive Income & Other	-	-0.03	-0.03
Total Common Equity	4.42	-4.54	-6.3
Shareholders' Equity	4.42	-4.54	-2.91
Total Liabilities & Equity	11.94	7.73	1.41
Total Debt	2.03	3.48	1.22
Net Cash (Debt)	4.13	-3.19	-0.89
Net Cash Per Share	0.79	-0.90	-0.32
Filing Date Shares Outstanding	6.62	6.67	2.8
Total Common Shares Outstanding	6.62	5	2.8
Working Capital	4.11	-2.51	-1.59
Book Value Per Share	0.67	-0.91	-2.25
Tangible Book Value	4.42	-4.54	-6.3
Tangible Book Value Per Share	0.67	-0.91	-2.25
Order Backlog	-	-	13.1

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