Rubico 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	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	0.52	1.16	2.79	1.38	1.65
Cash & Short-Term Investments	0.52	1.16	2.79	1.38	1.65
Cash Growth	-62.11%	-58.45%	103.20%	-16.72%	-
Receivables	-	0.23	-	-	-
Inventory	0.21	0.18	0.2	0.07	0.03
Prepaid Expenses	0.94	0.13	0.18	0.04	0.08
Other Current Assets	0.57	0.35	-	-	-
Total Current Assets	2.24	2.04	3.18	1.49	1.76
Property, Plant & Equipment	108.28	110.37	114.55	59.64	61.88
Other Long-Term Assets	1	1	1	0.5	0.5
Total Assets	111.52	113.41	118.73	61.63	64.14
Accounts Payable	2.56	0.9	0.26	0.2	0.11
Accrued Expenses	-	0.3	0.3	0.25	0.13
Current Portion of Long-Term Debt	4.22	4.22	4.22	2.93	2.92
Current Unearned Revenue	2.2	2.2	2.41	1.05	1.05
Other Current Liabilities	-	-	-	-	22.3
Total Current Liabilities	8.98	7.62	7.19	4.43	26.51
Long-Term Debt	69.48	71.58	75.81	30.24	33.15
Long-Term Unearned Revenue	-	0.1	-	-	-
Total Liabilities	78.48	79.3	82.99	34.66	59.66
Common Stock	33.04	3.07	10.63	18	1
Retained Earnings	-	31.05	25.11	8.96	3.48
Shareholders' Equity	33.04	34.12	35.73	26.96	4.48
Total Liabilities & Equity	111.52	113.41	118.73	61.63	64.14
Total Debt	73.7	75.8	80.03	33.17	36.07
Net Cash (Debt)	-73.18	-74.64	-77.24	-31.79	-34.42
Net Cash Per Share	-	-5575.97	-5911.37	-2433.03	-2125.73
Filing Date Shares Outstanding	-	0.01	0.01	0.02	0.09
Total Common Shares Outstanding	-	0.01	0.01	0.02	0.09
Working Capital	-6.74	-5.57	-4.01	-2.94	-24.75
Book Value Per Share	-	2548.56	2734.81	1665.10	52.42
Tangible Book Value	33.04	34.12	35.73	26.96	4.48
Tangible Book Value Per Share	-	2548.56	2734.81	1665.10	52.42
Machinery	126.65	126.65	126.65	63.3	63.3

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