Icon Energy 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	FY 2022	FY 2021
Period Ending	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	3.88	0.95	2.7	3.55	2.43
Cash & Short-Term Investments	3.88	0.95	2.7	3.55	2.43
Cash Growth	310.15%	-64.99%	-23.91%	46.43%	-
Receivables	0.28	-	-	0.12	0.04
Inventory	0.31	0.13	0.06	0.13	0.06
Prepaid Expenses	0.33	0.17	0.04	0.04	0.06
Restricted Cash	0.2	-	-	-	-
Other Current Assets	0.03	0.04	0.22	0.19	0.39
Total Current Assets	5.03	1.29	3.02	4.04	2.97
Property, Plant & Equipment	51.27	26.1	9.18	9.86	10.54
Long-Term Deferred Charges	1.64	0.91	0.66	0.7	1.06
Other Long-Term Assets	0.5	0.5	0.02	-	-
Total Assets	58.44	28.8	12.88	14.6	14.57
Accounts Payable	1.36	0.39	0.09	0.18	1.36
Accrued Expenses	0.63	0.42	0.37	0.1	0.29
Current Portion of Long-Term Debt	2.28	2.21	-	-	-
Current Unearned Revenue	0.14	0.14	0.25	-	0.21
Other Current Liabilities	0.18	0.17	3.01	-	-
Total Current Liabilities	4.59	3.33	3.71	0.28	1.85
Long-Term Debt	32.48	13.72	-	-	-
Total Liabilities	37.07	17.05	3.71	0.28	1.85
Common Stock	0	-	-	14.32	-
Additional Paid-In Capital	25.44	11.62	8.59	-	10.57
Retained Earnings	-4.07	0.13	0.58	-	2.15
Total Common Equity	21.38	11.74	9.17	14.32	12.72
Shareholders' Equity	21.38	11.75	9.17	14.32	12.72
Total Liabilities & Equity	58.44	28.8	12.88	14.6	14.57
Total Debt	34.76	15.93	-	-	-
Net Cash (Debt)	-30.88	-14.99	2.7	3.55	2.43
Net Cash Growth	-	-	-23.91%	46.43%	-
Net Cash Per Share	-77.63	-	-	-	-
Filing Date Shares Outstanding	0.69	0.44	-	-	-
Total Common Shares Outstanding	0.69	0.44	-	-	-
Working Capital	0.45	-2.04	-0.69	3.76	1.12
Book Value Per Share	30.89	26.87	-	-	-
Tangible Book Value	21.38	11.74	9.17	14.32	12.72
Tangible Book Value Per Share	30.89	26.87	-	-	-
Machinery	57.21	29.11	11.07	11.07	11.07

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