For the quarter ending 2025-09-30, TE-WT has $1,396,004K in assets. $1,240,346K in debts. $34,146K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | |
|---|---|---|---|---|
| Cash and cash equivalents | 34,146 | 8,451 | 48,881 | |
| Restricted cash | 45,398 | 31,054 | 2,210 | |
| Accounts receivable trade, net-Nonrelated Party | 11,863 | - | - | |
| Accounts receivable trade, net-Related Party | 67,033 | - | - | |
| Government grants receivable, net | 93,065 | 44,657 | 14,080 | |
| Inventory | 251,958 | 326,222 | 333,032 | |
| Advances to suppliers | 139,996 | 146,107 | 164,248 | |
| Other current assets | 204 | 2,402 | 7,908 | |
| Accounts receivable trade, net - related parties | - | 34,584 | 18,005 | |
| Current assets of discontinued operations | 51,574 | 51,048 | 38,312 | |
| Total current assets | 695,237 | 644,525 | 626,676 | |
| Restricted cash | 7,190 | 7,159 | - | |
| Property and equipment, net | 289,761 | 296,729 | 310,246 | |
| Goodwill | 60,923 | 60,923 | 74,527 | |
| Intangible assets, net | 191,924 | 256,575 | 270,686 | |
| Right-of-use asset under operating leases | 150,969 | 147,991 | 149,570 | |
| Total assets | 1,396,004 | 1,413,902 | 1,431,705 | |
| Accounts payable-Related Party | - | 130,654 | 88,947 | |
| Accounts payable-Nonrelated Party | 69,140 | 73,167 | 108,532 | |
| Accrued liabilities and other-Nonrelated Party | 31,145 | - | - | |
| Deferred revenue | 77,369 | 90,943 | 61,525 | |
| Derivative liabilities | 0 | 805 | 1,556 | |
| Accrued liabilities and other | - | 63,354 | 76,845 | |
| Current portion of long-term debt-Nonrelated Party | 46,096 | 46,758 | 56,492 | |
| Current portion of long-term debt-Related Party | 74,000 | 66,500 | 59,000 | |
| Accounts payable and accrued liabilities - related parties-Related Party | 277,482 | - | - | |
| Current liabilities of discontinued operations | 40,415 | 39,616 | 40,204 | |
| Total current liabilities | 615,647 | 511,797 | 493,101 | |
| Long-term deferred revenue | 28,000 | 28,000 | 30,000 | |
| Convertible note - related party-Related Party | 47,338 | 80,698 | 82,083 | |
| Operating lease liability | 141,482 | 139,624 | 139,921 | |
| Long-term debt-Nonrelated Party | 152,876 | 166,371 | 170,753 | |
| Long-term debt-Related Party | 227,016 | 230,880 | 234,829 | |
| Deferred tax liability | 1,828 | 14,233 | 20,232 | |
| Other long-term liabilities | 26,159 | 8,236 | 9,581 | |
| Total liabilities | 1,240,346 | 1,179,839 | 1,180,500 | |
| Convertible series a preferred stock, 0.01 par value, 5,000 issued and outstanding as of both september 30, 2025 and december 31, 2024 (includes accrued dividends of 2,323 as of september 30, 2025 and accrued dividends and accretion of 87 as of december 31, 2024 | 58,753 | 50,157 | 49,266 | |
| Common stock, 0.01 par value, 168,626 issued and outstanding as of september 30, 2025 and 155,928 issued and outstanding as of december 31, 2024 | 1,686 | 1,559 | 1,559 | |
| Additional paid-in capital | 1,014,970 | 975,161 | 974,767 | |
| Accumulated other comprehensive loss | -15,806 | -19,428 | -32,910 | |
| Accumulated deficit | -903,945 | -773,386 | -741,477 | |
| Total equity | 96,905 | 183,906 | 201,939 | |
| Total liabilities, redeemable preferred stock and equity | 1,396,004 | 1,413,902 | 1,431,705 | |
T1 Energy Inc. (TE-WT)
T1 Energy Inc. (TE-WT)