Meta Materials Inc. (MMATQ)

Meta Materials Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	9.72	10.09	46.65	1.4	0.41
Short-Term Investments	-	-	2.88	-	-
Cash & Short-Term Investments	9.72	10.09	49.52	1.4	0.41
Cash Growth	-3.64%	-79.62%	3448.18%	242.40%	-34.61%
Accounts Receivable	0.94	0.9	1.67	0.02	-
Other Receivables	1.07	4.01	1.69	0.48	0.45
Receivables	2.02	7.12	3.36	0.5	0.45
Inventory	0.17	0.47	0.27	0.46	0.34
Prepaid Expenses	1.48	2.84	1.26	0.23	0.28
Restricted Cash	0.58	1.72	0.79	-	-
Other Current Assets	3.43	0.37	76.18	0.13	-
Total Current Assets	17.4	22.6	131.38	2.72	1.48
Property, Plant & Equipment	19.8	48.25	33.3	3.03	2.5
Goodwill	-	281.75	240.38	-	-
Other Intangible Assets	18.03	56.31	28.97	4.48	5.23
Total Assets	55.23	408.92	434.02	10.23	9.21
Accounts Payable	10.27	6.94	13.34	2.94	2.45
Accrued Expenses	2.85	9.75	-	0.25	0.27
Short-Term Debt	-	-	75.5	6.75	3.54
Current Portion of Long-Term Debt	1.78	0.48	0.49	0.29	0.08
Current Portion of Leases	1.45	0.97	0.66	0.15	0.06
Current Unearned Revenue	1.65	1.53	1.63	2.02	1.4
Other Current Liabilities	5.58	-	0.02	-	0.91
Total Current Liabilities	23.58	19.67	91.64	12.4	8.7
Long-Term Debt	2.92	3.25	3.01	5.35	3.63
Long-Term Leases	5.97	3.38	3.71	0.12	-
Long-Term Unearned Revenue	0.81	0.8	0.64	0.95	2.67
Long-Term Deferred Tax Liabilities	-	3.25	0.32	0.32	0.51
Total Liabilities	33.29	30.35	99.32	19.13	15.51
Common Stock	0.54	0.34	0.26	0.13	5.86
Additional Paid-In Capital	635.86	590.96	463.14	29.02	2.89
Retained Earnings	-609.01	-207.5	-128.39	-37.4	-24.89
Comprehensive Income & Other	-5.46	-5.24	-0.3	-0.66	0.01
Total Common Equity	21.94	378.56	334.71	-8.9	-16.12
Shareholders' Equity	21.94	378.56	334.71	-8.9	-6.3
Total Liabilities & Equity	55.23	408.92	434.02	10.23	9.21
Total Debt	12.13	8.08	83.37	12.66	7.31
Net Cash (Debt)	-2.41	2.01	-33.85	-11.26	-6.9
Net Cash Per Share	-0.42	0.61	-14.53	-8.20	-13.80
Filing Date Shares Outstanding	6.31	3.82	2.85	83.56	83.6
Total Common Shares Outstanding	5.66	3.62	2.85	83.56	10.5
Working Capital	-6.19	2.93	39.74	-9.67	-7.23
Book Value Per Share	3.88	104.50	117.62	-0.11	-1.54
Tangible Book Value	3.91	40.5	65.36	-13.37	-21.36
Tangible Book Value Per Share	0.69	11.18	22.97	-0.16	-2.03
Land	0.45	0.44	0.47	-	-
Buildings	5.18	5.06	5.51	-	-
Machinery	26.48	24.14	18.55	6.91	5.65
Construction In Progress	6.38	20.34	8.87	0.42	-
Leasehold Improvements	22.79	2.17	0.24	-	-

Updated May 13, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.