Lightning eMotors Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Cash & Equivalents	56.01	168.54	0.46	1.3	8.81
Cash & Short-Term Investments	56.01	168.54	0.46	1.3	8.81
Cash Growth	-66.77%	36538.70%	-64.53%	-85.28%	-
Receivables	9.9	9.17	4.12	1.11	0.6
Inventory	47.07	14.62	5.74	3.99	0.74
Prepaid Expenses	4.93	4.3	1.96	0.27	0.21
Other Current Assets	4.48	2.77	2.04	2.11	0.74
Total Current Assets	122.38	199.4	14.32	8.77	11.1
Property, Plant & Equipment	20.15	13.84	10.5	0.96	0.54
Other Long-Term Assets	1.04	0.17	0.05	0.05	0.03
Total Assets	143.56	213.41	24.87	9.78	11.67
Accounts Payable	7.96	6.02	2.6	1.16	0.33
Accrued Expenses	4.29	3.87	0.65	0.42	0.36
Current Portion of Long-Term Debt	-	-	14.18	3.5	4.35
Current Portion of Leases	1.83	1.2	1.82	0.07	0.04
Current Unearned Revenue	0.53	0.15	0.27	-	-
Other Current Liabilities	1.33	3.18	23.13	0.92	0.48
Total Current Liabilities	15.94	14.42	42.65	6.07	5.55
Long-Term Debt	62.1	63.77	1.65	2.94	2.75
Long-Term Leases	8.35	9.42	7.27	0.07	0.14
Long-Term Unearned Revenue	0.26	-	-	-	-
Other Long-Term Liabilities	2.34	100.59	-	0.33	0.25
Total Liabilities	89	188.2	51.56	9.41	8.69
Common Stock	0.01	0.01	0	-	-
Additional Paid-In Capital	220.94	206.77	54.1	5.55	5.38
Retained Earnings	-166.39	-181.56	-80.8	-43.16	-33.47
Comprehensive Income & Other	-	-	-	-	-0.07
Total Common Equity	54.56	25.21	-26.7	-37.61	-28.16
Shareholders' Equity	54.56	25.21	-26.7	0.37	2.97
Total Liabilities & Equity	143.56	213.41	24.87	9.78	11.67
Total Debt	72.29	74.39	24.92	6.58	7.28
Net Cash (Debt)	-16.27	94.15	-24.46	-5.28	1.53
Net Cash Per Share	-3.80	31.25	-16.25	-32.46	9.42
Filing Date Shares Outstanding	4.71	3.76	4.91	4.21	0.16
Total Common Shares Outstanding	4.49	3.75	4.91	3.25	0.16
Working Capital	106.44	184.98	-28.32	2.7	5.55
Book Value Per Share	12.15	6.72	-5.44	-11.56	-173.07
Tangible Book Value	54.56	25.21	-26.7	-37.61	-28.16
Tangible Book Value Per Share	12.15	6.72	-5.44	-11.56	-173.07
Machinery	8.24	4.14	2.06	1.48	1.05
Construction In Progress	2.32	0.96	1.08	0.12	0.02
Leasehold Improvements	3.66	1.02	0.65	0.32	0.27
Order Backlog	-	-	-	27.08	4.66

Updated Nov 20, 2023. Source: S&P Global Market Intelligence. Standard template. Financial Sources.