Quarterhill Inc. (TSX:QTRH)

Quarterhill Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	31.89	42.73	49.03	55.9	106.5
Short-Term Investments	-	-	1.15	1.46	4.36
Cash & Short-Term Investments	31.89	42.73	50.17	57.37	110.85
Cash Growth	-25.37%	-14.83%	-12.54%	-48.25%	60.79%
Accounts Receivable	55.18	61.54	47.8	52.23	21.42
Other Receivables	0.23	-	0.25	0.3	0.21
Receivables	55.41	61.54	48.06	52.54	21.63
Inventory	10.14	10.76	10.1	10.85	7.12
Prepaid Expenses	4.59	4.8	5.06	4.1	6.49
Other Current Assets	-	-	4.82	2.45	-
Total Current Assets	102.03	119.83	118.22	127.3	146.09
Property, Plant & Equipment	9	9.42	12.74	10.63	5.15
Long-Term Investments	3.92	7.95	5.73	5.89	5.26
Goodwill	30.96	29.02	41.66	41.93	12.63
Other Intangible Assets	78.37	79.09	104.43	119.6	46.51
Long-Term Accounts Receivable	4.78	4.36	0.4	0.4	0.4
Long-Term Deferred Tax Assets	-	-	18.95	29.86	26.95
Other Long-Term Assets	1.05	0.95	2.25	1.95	0.27
Total Assets	230.11	250.63	304.37	337.57	243.25
Accounts Payable	17.9	23.69	15.79	20.11	7.88
Accrued Expenses	4.35	3.34	7.97	5.79	4.87
Current Portion of Long-Term Debt	38.95	40.32	21.64	2.51	-
Current Portion of Leases	2.04	1.95	1.93	1.71	0.79
Current Income Taxes Payable	0.33	0.66	0.73	0.55	0.5
Current Unearned Revenue	5.71	5.81	6.31	6.31	3.77
Other Current Liabilities	3.86	5.59	11.01	7.3	2.98
Total Current Liabilities	73.15	81.36	65.38	44.29	20.78
Long-Term Debt	15.27	17.31	35.75	82.91	-
Long-Term Leases	4.8	5.73	7.13	4.45	2.16
Long-Term Unearned Revenue	1.57	0.62	2.03	2.24	2.02
Long-Term Deferred Tax Liabilities	2.58	1.22	1.52	4.62	4.88
Other Long-Term Liabilities	1.61	0.95	2.18	8.53	-
Total Liabilities	98.99	107.19	114	147.04	29.84
Common Stock	314.63	313.74	403.78	430.15	429.71
Additional Paid-In Capital	127.45	126.13	37.65	39.46	36.3
Retained Earnings	-323.1	-312.08	-263.21	-279.19	-255.41
Comprehensive Income & Other	12.15	15.65	12.16	0.11	2.81
Shareholders' Equity	131.12	143.44	190.38	190.53	213.41
Total Liabilities & Equity	230.11	250.63	304.37	337.57	243.25
Total Debt	61.07	65.31	66.45	91.59	2.95
Net Cash (Debt)	-29.17	-22.58	-16.28	-34.22	107.9
Net Cash Growth	-	-	-	-	73.82%
Net Cash Per Share	-0.25	-0.20	-0.14	-0.30	0.92
Filing Date Shares Outstanding	115.79	115.08	114.64	113.88	114.3
Total Common Shares Outstanding	115.79	115.08	114.64	113.88	114.32
Working Capital	28.89	38.46	52.84	83.02	125.3
Book Value Per Share	1.13	1.25	1.66	1.67	1.87
Tangible Book Value	21.79	35.33	44.29	29	154.27
Tangible Book Value Per Share	0.19	0.31	0.39	0.25	1.35
Land	-	-	0.54	0.55	0.55
Machinery	9.12	8.21	9.97	8.48	5.42
Leasehold Improvements	0.32	0.33	0.37	0.38	0.34

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