Stardust Power 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	3.48	0.91	1.27
Short-Term Investments	0.01	0.25	-
Cash & Short-Term Investments	3.49	1.16	1.27
Cash Growth	201.18%	-8.89%	-
Receivables	-	0.5	-
Prepaid Expenses	0.55	0.36	0.42
Other Current Assets	0.04	0.12	1.01
Total Current Assets	4.08	2.14	2.7
Property, Plant & Equipment	1.76	1.76	0
Long-Term Investments	0.04	1.5	0.22
Long-Term Deferred Charges	5.35	3.32	0.1
Other Long-Term Assets	0.55	0.31	-
Total Assets	11.78	9.02	3.02
Accounts Payable	8.31	10.26	1.26
Accrued Expenses	4.84	4.72	0.21
Short-Term Debt	0.21	10.01	0.07
Current Portion of Long-Term Debt	0.93	-	-
Other Current Liabilities	0	0	0
Total Current Liabilities	14.28	25	1.54
Long-Term Debt	2.26	-	5.21
Other Long-Term Liabilities	1.05	3.41	0.01
Total Liabilities	17.59	28.41	6.76
Common Stock	0	0	0
Additional Paid-In Capital	62.53	33.23	0.05
Retained Earnings	-68.34	-52.62	-3.79
Shareholders' Equity	-5.81	-19.39	-3.73
Total Liabilities & Equity	11.78	9.02	3.02
Total Debt	3.4	10.01	5.29
Net Cash (Debt)	0.09	-8.85	-4.01
Net Cash Per Share	0.01	-2.07	-0.99
Filing Date Shares Outstanding	9.97	5.79	0.9
Total Common Shares Outstanding	9.87	4.77	0.9
Working Capital	-10.2	-22.86	1.16
Book Value Per Share	-0.59	-4.06	-4.14
Tangible Book Value	-5.81	-19.39	-3.73
Tangible Book Value Per Share	-0.59	-4.06	-4.14
Land	1.74	1.74	-
Machinery	0.02	0.02	0

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