Top KingWin 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	FY 2020
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	Dec '20 Dec 31, 2020
Cash & Equivalents	2.22	2.81	4.59	2.65	3.82	0.17
Cash & Short-Term Investments	2.22	2.81	4.59	2.65	3.82	0.17
Cash Growth	-28.34%	-38.65%	72.82%	-30.46%	2127.80%	-
Accounts Receivable	0.1	0.52	0.42	0.1	0.92	0.73
Other Receivables	1.73	0.59	0.11	0.1	0.04	0
Receivables	1.83	1.11	0.53	0.19	0.96	0.73
Prepaid Expenses	-	0.02	0.19	0.01	0.1	0.1
Restricted Cash	0.1	-	0.03	-	0.08	-
Other Current Assets	37.53	36.82	1.27	-	-	-
Total Current Assets	41.68	40.75	6.61	2.86	4.96	1
Property, Plant & Equipment	0.48	0.7	0.56	0.73	0.86	0.76
Goodwill	-	-	2.97	-	-	-
Other Intangible Assets	0.06	0.06	0.04	0.03	0.02	-
Long-Term Deferred Tax Assets	-	-	-	0.12	-	-
Long-Term Deferred Charges	-	-	-	1.31	-	-
Other Long-Term Assets	0.06	0.06	0.05	0.04	0.04	0.03
Total Assets	42.28	41.58	10.24	5.09	5.88	1.79
Accounts Payable	0.28	0.58	0.53	0.26	0.84	0.27
Accrued Expenses	1.58	1.99	0.93	0.41	0.52	0.13
Short-Term Debt	2.46	2.03	-	-	-	-
Current Portion of Leases	0.27	0.28	0.19	0.17	0.13	0.1
Current Income Taxes Payable	0	-	-	-	0.43	0.04
Current Unearned Revenue	0.51	0.49	0.63	0.19	0.59	0.21
Other Current Liabilities	0.19	0.22	0.4	1.87	0.09	0.05
Total Current Liabilities	5.3	5.59	2.67	2.89	2.59	0.81
Long-Term Leases	0.1	0.28	0.16	0.37	0.49	0.54
Total Liabilities	5.4	5.88	2.83	3.27	3.08	1.35
Common Stock	0.03	0.02	0	0	0	0
Additional Paid-In Capital	49.08	45.28	8.28	0.11	0.11	0.11
Retained Earnings	-12.49	-9.33	-0.65	1.85	2.62	0.31
Comprehensive Income & Other	0.26	-0.27	-0.23	-0.14	0.06	0.03
Shareholders' Equity	36.88	35.7	7.4	1.82	2.8	0.45
Total Liabilities & Equity	42.28	41.58	10.24	5.09	5.88	1.79
Total Debt	2.84	2.59	0.35	0.54	0.62	0.64
Net Cash (Debt)	-0.62	0.22	4.23	2.12	3.19	-0.47
Net Cash Growth	-	-94.75%	100.08%	-33.73%	-	-
Net Cash Per Share	-2.44	1.89	189.68	110.19	166.27	-24.36
Filing Date Shares Outstanding	0.46	0.3	0.02	0.02	-	0.02
Total Common Shares Outstanding	0.46	0.29	0.02	0.02	-	0.02
Working Capital	36.38	35.16	3.94	-0.03	2.38	0.2
Book Value Per Share	80.25	121.95	313.77	94.90	-	-
Tangible Book Value	36.82	35.64	4.39	1.79	2.78	0.45
Tangible Book Value Per Share	80.12	121.74	186.12	93.30	-	-
Machinery	-	0.2	-	0.1	0.1	0.01
Leasehold Improvements	-	0.24	-	0.21	0.18	0.13

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