Terrestrial 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	97.16	3.02	4.6
Short-Term Investments	200.63	-	-
Cash & Short-Term Investments	297.79	3.02	4.6
Cash Growth	9754.76%	-34.32%	-
Accounts Receivable	-	-	0.02
Other Receivables	0.09	0.13	0.37
Receivables	0.09	0.13	0.39
Prepaid Expenses	1.68	0.14	0.08
Total Current Assets	299.56	3.29	5.06
Property, Plant & Equipment	2.65	1.39	2.13
Other Intangible Assets	0.71	0.62	0.67
Other Long-Term Assets	0.06	0.03	0.03
Total Assets	302.98	5.33	7.89
Accounts Payable	4.48	0.37	1.25
Accrued Expenses	1.02	0.37	0.42
Short-Term Debt	-	0.1	-
Current Portion of Leases	0.42	0.26	0.15
Other Current Liabilities	-	0.01	-
Total Current Liabilities	5.92	1.1	1.81
Long-Term Debt	-	16.08	9.95
Long-Term Leases	1.66	0.65	0.87
Long-Term Deferred Tax Liabilities	-	0.67	-
Other Long-Term Liabilities	-	0.32	0.13
Total Liabilities	7.57	18.82	12.77
Common Stock	0.01	0.01	0
Additional Paid-In Capital	418.81	82.77	79.77
Retained Earnings	-124.62	-96.61	-85.12
Comprehensive Income & Other	1.21	0.34	-0.06
Total Common Equity	295.41	-13.49	-5.41
Minority Interest	-	-	0.53
Shareholders' Equity	295.41	-13.49	-4.88
Total Liabilities & Equity	302.98	5.33	7.89
Total Debt	2.07	17.08	10.97
Net Cash (Debt)	295.72	-14.06	-6.37
Net Cash Per Share	4.13	-0.23	-9.43
Filing Date Shares Outstanding	105.94	0.74	0.68
Total Common Shares Outstanding	105.78	0.74	0.68
Working Capital	293.64	2.19	3.25
Book Value Per Share	2.79	-18.27	-8.01
Tangible Book Value	294.7	-14.11	-6.08
Tangible Book Value Per Share	2.79	-19.11	-9.00
Machinery	0.76	1.72	1.86
Leasehold Improvements	0.14	0.69	0.75

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