Turbogen Balance Sheet

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

Millions ILS. 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	11.34	1.23	1.66	6.79	16.8	0.58
Short-Term Investments	-	-	0.34	-	-	0.18
Cash & Short-Term Investments	11.34	1.23	2	6.79	16.8	0.77
Cash Growth	962.17%	-38.53%	-70.62%	-59.57%	2096.47%	-
Other Receivables	0.92	0.24	0.24	0.44	1.34	0.2
Receivables	0.92	0.24	0.24	0.44	1.34	0.2
Total Current Assets	12.26	1.47	2.23	7.23	18.15	0.97
Property, Plant & Equipment	1.23	1.48	0.63	1.6	1.53	1.42
Other Intangible Assets	1.39	1.39	1.39	1.39	1.39	1.39
Other Long-Term Assets	0.41	0.41	0.04	0.37	0.25	-
Total Assets	15.29	4.74	4.29	10.59	21.31	3.77
Accounts Payable	0.44	0.37	1.25	1.6	0.8	0.59
Accrued Expenses	-	4.3	1.51	2.43	4.62	0.67
Short-Term Debt	2.25	2.45	1.68	0.91	1.01	1.43
Current Portion of Leases	0.54	0.52	0.18	0.67	0.36	0.38
Current Unearned Revenue	-	-	-	0.03	-	-
Other Current Liabilities	16.25	14.41	14.47	6.08	0.04	1.18
Total Current Liabilities	19.48	22.05	19.09	11.74	6.82	4.25
Long-Term Debt	-	-	0.37	-	-	-
Long-Term Leases	0.43	0.69	-	0.18	0.32	0.63
Long-Term Unearned Revenue	8.96	9.55	5.14	5.07	2.96	1.62
Total Liabilities	28.87	32.29	24.6	16.98	10.1	6.5
Common Stock	76.62	46.36	0.14	0.14	0.14	0.01
Additional Paid-In Capital	-	-	40.9	40.42	40.42	15.02
Retained Earnings	-125.27	-99.64	-78.53	-59.67	-40.5	-19.55
Comprehensive Income & Other	35.07	25.74	17.17	12.72	11.14	1.79
Shareholders' Equity	-13.59	-27.55	-20.32	-6.39	11.21	-2.73
Total Liabilities & Equity	15.29	4.74	4.29	10.59	21.31	3.77
Total Debt	3.22	3.66	2.24	1.76	1.69	2.44
Net Cash (Debt)	8.13	-2.43	-0.24	5.03	15.11	-1.68
Net Cash Growth	-	-	-	-66.70%	-	-
Net Cash Per Share	0.54	-0.17	-0.02	0.37	1.36	-0.18
Filing Date Shares Outstanding	15.35	14.72	13.79	13.71	13.71	10.03
Total Common Shares Outstanding	15.35	14.72	13.79	13.71	13.71	10.03
Working Capital	-7.23	-20.59	-16.86	-4.51	11.33	-3.29
Book Value Per Share	-0.89	-1.87	-1.47	-0.47	0.82	-0.27
Tangible Book Value	-14.98	-28.94	-21.7	-7.78	9.82	-4.12
Tangible Book Value Per Share	-0.98	-1.97	-1.57	-0.57	0.72	-0.41
Machinery	-	0.9	0.9	0.9	0.79	0.37
Leasehold Improvements	-	0.45	0.44	0.42	0.31	0.08

Source: S&P Global Market Intelligence. Standard template. Financial Sources.