Telos Corporation (TLS)

Telos 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	57	54.58	99.26	119.31	126.56	106.05
Cash & Short-Term Investments	57	54.58	99.26	119.31	126.56	106.05
Cash Growth	-28.84%	-45.02%	-16.80%	-5.73%	19.35%	1470.80%
Receivables	19.11	19.17	30.42	40.07	59.84	30.91
Inventory	4.18	1.78	1.42	2.88	1.25	3.31
Prepaid Expenses	15.77	15.09	7.52	4.82	3.33	3.06
Other Current Assets	6.73	0.79	1.37	0.89	0.73	0.79
Total Current Assets	102.78	91.42	139.99	167.96	191.71	144.11
Property, Plant & Equipment	8.78	10.3	10.29	12.96	15.99	16.44
Long-Term Investments	3	3	-	-	-	-
Goodwill	17.92	17.92	17.92	17.92	17.92	14.92
Other Intangible Assets	31.57	30.41	39.62	30.3	19.2	7.42
Other Long-Term Assets	1	5.19	0.89	8.26	1.25	0.93
Total Assets	165.04	158.24	208.7	237.4	246.08	183.82
Accounts Payable	12.27	1.15	8.31	12.61	7.87	14.66
Accrued Expenses	10.97	11.58	21.44	19.86	32.84	14.71
Current Portion of Leases	2.17	2.09	1.83	1.95	2.03	2.02
Current Unearned Revenue	12.95	6.84	6.73	6.44	6.38	5.65
Other Current Liabilities	0.37	0.47	0.9	4.64	1.83	1.9
Total Current Liabilities	38.73	22.14	39.2	45.5	50.94	38.95
Long-Term Leases	6.96	8.06	9.64	11.28	13.23	15.24
Long-Term Deferred Tax Liabilities	0.84	0.81	0.81	0.76	0.72	0.65
Other Long-Term Liabilities	0.1	0.09	0.04	7.51	0.94	1.87
Total Liabilities	46.63	31.1	49.7	65.04	65.83	56.71
Common Stock	0.11	0.11	0.11	0.11	0.11	0.1
Additional Paid-In Capital	463.82	454.5	433.78	412.71	367.15	270.8
Retained Earnings	-345.47	-327.35	-274.83	-240.41	-186.98	-143.84
Comprehensive Income & Other	-0.05	-0.13	-0.06	-0.06	-0.03	0.04
Total Common Equity	118.41	127.14	159	172.35	180.25	127.1
Shareholders' Equity	118.41	127.14	159	172.35	180.25	127.1
Total Liabilities & Equity	165.04	158.24	208.7	237.4	246.08	183.82
Total Debt	9.13	10.15	11.47	13.23	15.25	17.26
Net Cash (Debt)	47.87	44.43	87.79	106.08	111.31	88.79
Net Cash Growth	-30.60%	-49.39%	-17.24%	-4.70%	25.37%	-
Net Cash Per Share	0.66	0.62	1.27	1.57	1.68	2.07
Filing Date Shares Outstanding	72.7	72.55	70.32	68.56	67.87	64.63
Total Common Shares Outstanding	72.44	72.51	70.24	67.43	66.77	64.63
Working Capital	64.04	69.28	100.79	122.46	140.77	105.17
Book Value Per Share	1.63	1.75	2.26	2.56	2.70	1.97
Tangible Book Value	68.92	78.81	101.47	124.14	143.13	104.77
Tangible Book Value Per Share	0.95	1.09	1.44	1.84	2.14	1.62
Machinery	17.21	17.24	16.21	16.03	15.42	13.57
Leasehold Improvements	3.42	3.4	3.21	3.15	2.99	2.67
Order Backlog	-	76.49	118.1	212.04	246.41	-

Updated Aug 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q