Castellum Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	17.82	12.01	1.83	4.64	2.02	2.41
Cash & Short-Term Investments	17.82	12.01	1.83	4.64	2.02	2.41
Cash Growth	549.60%	555.71%	-60.55%	129.98%	-16.35%	-
Accounts Receivable	9.8	5.78	7.04	5.45	6.01	1.51
Other Receivables	0.13	0.04	-	-	-	-
Receivables	9.93	5.81	7.04	5.45	6.01	1.51
Prepaid Expenses	0.74	0.67	0.4	0.22	0.19	0.04
Restricted Cash	-	0.25	-	-	-	-
Other Current Assets	0.15	0.15	0.22	0.35	-	-
Total Current Assets	28.65	18.89	9.5	10.67	8.21	3.95
Property, Plant & Equipment	1.12	1.23	0.92	0.21	0.28	0.01
Long-Term Investments	-	0.05	-	-	-	-
Goodwill	10.68	10.68	10.72	15.53	14.06	4.14
Other Intangible Assets	5.73	6.79	8.97	6.63	7.6	2.52
Long-Term Deferred Tax Assets	-	-	-	-	0.61	-
Other Long-Term Assets	0.08	0.19	-	-	-	-
Total Assets	46.25	37.84	30.11	33.04	30.76	10.61
Accounts Payable	2.38	1.14	0.78	1.62	1.44	0.23
Accrued Expenses	3.34	3.4	2.93	1.87	1.51	0.84
Short-Term Debt	-	2	0.63	0.3	-	-
Current Portion of Long-Term Debt	0.35	1.45	2.31	2.03	1.28	-
Current Portion of Leases	0.29	0.31	0.19	0.02	0.11	-
Other Current Liabilities	0.51	1.53	1.14	1.92	0.76	-
Total Current Liabilities	6.86	9.82	7.98	7.76	5.1	1.07
Long-Term Debt	2.05	6.95	8.4	7.74	10.32	5.87
Long-Term Leases	0.61	0.78	0.44	0.01	0.02	-
Long-Term Deferred Tax Liabilities	-	-	0.01	-	-	1.07
Other Long-Term Liabilities	-	0.1	0.34	-	-	-
Total Liabilities	9.52	17.66	17.16	15.51	15.43	8.01
Common Stock	0.01	0.01	0	0	0	0.03
Additional Paid-In Capital	91.96	74.26	56.93	43.62	26.41	6.1
Retained Earnings	-55.24	-54.08	-43.98	-26.09	-11.09	-3.53
Total Common Equity	36.73	20.18	12.95	17.53	15.32	2.61
Shareholders' Equity	36.73	20.18	12.95	17.53	15.32	2.61
Total Liabilities & Equity	46.25	37.84	30.11	33.04	30.76	10.61
Total Debt	3.3	11.49	11.96	10.11	11.73	5.87
Net Cash (Debt)	14.52	0.51	-10.13	-5.47	-9.71	-3.46
Net Cash Per Share	0.18	0.01	-0.21	-0.20	-0.53	-0.21
Filing Date Shares Outstanding	94.61	80.39	53.03	42.26	19.96	16.25
Total Common Shares Outstanding	94.61	77.08	47.67	41.7	19.96	16.25
Working Capital	21.79	9.07	1.52	2.91	3.11	2.89
Book Value Per Share	0.39	0.26	0.27	0.42	0.77	0.16
Tangible Book Value	20.32	2.71	-6.74	-4.64	-6.34	-4.05
Tangible Book Value Per Share	0.21	0.04	-0.14	-0.11	-0.32	-0.25
Machinery	0.49	0.35	0.35	0.17	0.09	0.01
Leasehold Improvements	0.19	0.19	0.19	0.08	0.08	-
Order Backlog	-	100.48	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q