Aspen Aerogels, Inc. (ASPN)

Aspen Aerogels Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	192.04	220.88	139.72	281.34	76.56	16.5
Cash & Short-Term Investments	192.04	220.88	139.72	281.34	76.56	16.5
Cash Growth	89.27%	58.09%	-50.34%	267.45%	364.14%	354.06%
Accounts Receivable	77.36	109.1	70	57.35	20.43	15.7
Other Receivables	-	-	2.2	-	-	-
Receivables	77.36	109.1	72.2	57.35	20.43	15.7
Inventory	56.74	47.55	39.19	22.54	11.99	13.1
Prepaid Expenses	17.05	31.52	14.98	7.24	2.78	1.83
Restricted Cash	0.39	0.39	0.25	1.23	-	-
Other Current Assets	0.31	-	-	-	0.39	-
Total Current Assets	343.89	409.45	266.33	369.69	112.15	47.12
Property, Plant & Equipment	204.32	480.13	434.44	271.21	69.31	50.22
Long-Term Deferred Charges	5.76	-	-	-	0.64	-
Other Long-Term Assets	1.01	5.57	2.28	2.52	0.86	0.08
Total Assets	554.98	895.14	703.05	643.42	182.95	97.42
Accounts Payable	39.93	44.36	51.09	54.73	17.44	5.35
Accrued Expenses	16.68	36.5	22.81	16	10.82	3.88
Current Portion of Long-Term Debt	13.5	23.78	-	-	-	1.61
Current Portion of Leases	8.68	3.28	1.87	2.37	2.25	1.05
Current Unearned Revenue	2.65	2.2	2.32	5.85	1.32	2.04
Other Current Liabilities	-	-	-	-	4.73	-
Total Current Liabilities	81.43	110.11	78.1	78.95	36.56	13.93
Long-Term Debt	124.37	147.18	114.99	103.58	-	2.06
Long-Term Leases	34.34	23.15	21.91	13.46	12.99	3.6
Other Long-Term Liabilities	-	-	-	-	5	9.99
Total Liabilities	240.14	280.44	214.99	195.98	54.55	29.57
Additional Paid-In Capital	1,276	1,275	1,162	1,075	673.46	575.81
Retained Earnings	-961.48	-660.23	-673.6	-627.79	-545.05	-507.96
Shareholders' Equity	314.83	614.71	488.06	447.44	128.41	67.85
Total Liabilities & Equity	554.98	895.14	703.05	643.42	182.95	97.42
Total Debt	180.89	197.38	138.77	119.4	15.24	8.31
Net Cash (Debt)	11.15	23.5	0.95	161.93	61.33	8.19
Net Cash Growth	-	2370.87%	-99.41%	164.05%	649.25%	-
Net Cash Per Share	0.14	0.29	0.01	4.11	2.02	0.31
Filing Date Shares Outstanding	82.17	82.06	76.66	70.07	33.23	28.3
Total Common Shares Outstanding	82.17	82.04	76.5	69.99	33.22	27.82
Working Capital	262.45	299.34	188.24	290.74	75.6	33.2
Book Value Per Share	3.83	7.49	6.38	6.39	3.87	2.44
Tangible Book Value	314.83	614.71	488.06	447.44	128.41	67.85
Tangible Book Value Per Share	3.83	7.49	6.38	6.39	3.87	2.44
Buildings	27.05	27.03	25.47	24.02	24.02	24.02
Machinery	216.13	211.58	194.83	146.85	136.67	133.66
Construction In Progress	72.33	352.57	314.7	209.06	13.46	1.91
Leasehold Improvements	25.13	24.84	23.51	9.23	3.32	-

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q