RegenETP, Inc. Financial Statements — RGTPQ Stock

Income Statement	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y
Sales/Revenue/Turnover	64	94	76	125	132	47	34	7	- -	- -	2	6	10	9	1
+ Sales & Services Revenue	64	94	76	125	132	47	34	7	- -	- -	2	6	10	9	1
- Cost of Revenue	41	72	57	80	89	35	29	3	- -	- -	1	2	4	4	1
+ Cost of Goods & Services	41	72	57	80	89	35	29	3	- -	- -	1	2	4	4	1
Gross Profit	23	23	18	45	44	12	6	3	1	- -	1	3	6	5	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -
- Operating Expenses	22	28	20	33	39	23	19	6	4	131	70	97	48	37	26
+ Selling, General & Admin	18	23	17	25	30	17	16	6	4	19	51	80	36	23	15
+ Research & Development	3	5	3	7	8	6	2	- -	- -	112	19	16	12	14	11
+ Other Operating Expense	- -	- -	- -	- -	1	- -	1	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	1	-5	-2	13	5	-11	-13	-3	-4	-131	-69	-93	-42	-32	-26
- Non-Operating (Income) Loss	-2	3	1	6	- -	2	3	1	- -	- -	-4	-1	1	-2	-18
+ Interest Expense, Net	1	1	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	1	1	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-3	2	- -	4	-1	1	3	1	- -	- -	-3	-1	1	-2	-18
Pretax Income	3	-8	-3	7	5	-13	-16	-4	-4	-130	-66	-92	-43	-30	-8
- Income Tax Expense (Benefit)	- -	-1	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	3	-7	-1	7	5	-13	-16	-4	-4	-130	-65	-92	-43	-30	-8
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	2	1	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	3	-7	-1	7	5	-13	-16	-4	-5	-131	-65	-92	-43	-30	-8
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	3	-7	-1	7	5	-13	-16	-4	-5	-131	-65	-92	-43	-30	-8
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	2	6	- -	9	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	3	-7	-1	7	5	-13	-16	-6	-11	-131	-74	-92	-43	-30	-8
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	2	3	7
Basic EPS, GAAP	127.77	-253.56	-27.57	186.2	121.17	-319.08	-378.39	-123.36	-126.93	-666.84	-121.5	-92.62	-27.63	-9.43	-1.14
Basic EPS from Cont Ops	127.77	-253.56	-27.57	186.2	121.17	-319.08	-378.39	-77.53	-45.72	-662.56	-107.21	-92.62	-27.63	-9.43	-1.14
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	2	3	8
Diluted EPS, GAAP	127.77	-253.56	-27.57	178.79	118.65	-319.08	-378.39	-123.36	-126.93	-666.84	-121.5	-92.62	-27.21	-9.43	-1.02
Diluted EPS from Cont Ops	127.77	-253.56	-27.57	178.79	118.65	-319.08	-378.39	-77.53	-45.72	-662.56	-107.21	-92.62	-27.21	-9.43	-1.02
EBITDA	8	8	5	19	23	-4	-2	-3	-4	-130	-68	-90	-39	-30	-24
EBITDA Margin (%)	11.96	8.98	6.64	15.54	17.28	-8.34	-4.57	-38.74	- -	- -	-4,353.04	-1,596.04	-383.6	-314.08	-2,993.86
EBITA	1	-5	-2	13	5	-11	-13	-3	-4	-131	-69	-93	-42	-32	-26
EBIT	1	-5	-2	13	5	-11	-13	-3	-4	-131	-69	-93	-42	-32	-26
Gross Margin (%)	36.14	24.25	24.3	36.3	32.89	25.74	16.6	48.86	- -	- -	35.89	56.14	56.31	54.1	24.32
Operating Margin (%)	1.89	-5.51	-2.25	10.27	3.73	-22.82	-37.85	-46.11	- -	- -	-4,442.23	-1,652.39	-415.82	-344.3	-3,178.99
Profit Margin (%)	5.25	-7.61	-1.28	5.45	3.49	-26.75	-47.13	-56.91	- -	- -	-4,186.88	-1,636.46	-423.21	-321	-962.29
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	119.27	- -	- -	- -	- -	- -	- -
Depreciation Expense	6	14	7	7	18	7	11	- -	- -	- -	1	3	3	3	2

Balance Sheet	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y
Total Current Assets	23	28	29	51	48	33	11	18	7	18	73	32	31	22	13
+ Cash, Cash Equivalents & STI	6	12	8	14	18	13	7	17	7	18	71	29	26	20	11
+ Cash & Cash Equivalents	6	12	8	14	18	13	7	17	7	18	71	10	26	19	11
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	19	- -	- -	- -
+ Accounts & Notes Receiv	3	2	2	4	16	3	2	- -	- -	- -	1	2	4	1	- -
+ Accounts Receivable, Net	3	1	- -	1	3	- -	2	- -	- -	- -	1	2	4	1	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	1	2	3	13	3	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	6	6	8	12	8	5	1	- -	- -	- -	- -	- -	1	- -	- -
+ Raw Materials	- -	- -	- -	7	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	6	- -	- -	5	7	4	1	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	6	8	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -
+ Other ST Assets	9	8	11	22	5	12	1	- -	- -	- -	1	1	1	2	1
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	1	1	1	1	2	4	- -	- -	- -	2	15	21	14	9	10
+ Property, Plant & Equip, Net	1	- -	1	1	1	1	- -	- -	- -	2	13	20	13	8	9
+ Property, Plant & Equip	1	3	4	5	5	5	2	- -	- -	3	15	24	20	15	14
- Accumulated Depreciation	- -	3	3	3	4	4	2	- -	- -	- -	2	5	7	7	5
+ LT Investments & Receivables	- -	- -	- -	- -	- -	4	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	4	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	2	2	1	1	1
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	1	- -	1	1
Total Assets	24	29	30	52	49	38	11	18	7	20	88	54	46	31	23
+ Payables & Accruals	15	10	11	18	15	8	5	1	- -	1	3	4	3	3	1
+ Accounts Payable	1	- -	11	6	5	4	1	- -	- -	- -	2	2	1	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	13	9	- -	12	10	4	3	1	- -	1	1	2	2	3	1
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	3	4	1	1
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	2	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	2	1	1
+ Other ST Liabilities	2	7	7	9	5	9	1	1	1	14	1	3	1	- -	- -
+ Deferred Revenue	- -	- -	- -	6	4	7	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	2	7	7	3	1	3	1	1	1	14	1	3	1	- -	- -
Total Current Liabilities	16	16	18	27	20	18	6	2	1	15	5	10	8	5	2
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	4	3	- -	3
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	2	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	1	- -	3
+ Other LT Liabilities	- -	1	- -	2	- -	- -	- -	- -	- -	- -	- -	- -	7	7	1
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	1	- -	2	- -	- -	- -	- -	- -	- -	- -	- -	7	7	1
Total Noncurrent Liabilities	- -	1	- -	2	- -	- -	- -	- -	- -	- -	1	5	10	7	4
Total Liabilities	16	17	18	29	20	18	6	2	1	15	6	15	18	12	6
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	11	10	115	- -	- -	- -	- -	- -
+ Share Capital & APIC	102	114	115	119	121	124	125	128	123	149	406	474	506	528	533
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	102	113	115	119	121	124	125	128	123	149	406	474	505	528	533
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-94	-101	-102	-96	-91	-104	-120	-124	-128	-259	-324	-435	-478	-508	-516
+ Other Equity	- -	- -	-1	-1	-1	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	7	12	12	23	29	20	6	16	5	5	82	39	27	19	17
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	7	12	12	23	29	20	6	16	5	5	82	39	27	19	17
Total Liabilities & Equity	24	29	30	52	49	38	11	18	7	20	88	54	46	31	23
Shares Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	2	3	7
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	4	2	3
Net Debt	-6	-12	-8	-14	-18	-13	-7	-17	-7	-18	-70	-10	-22	-19	-11
Net Debt to Equity	-77.13	-101.02	-66.66	-58.92	-61.49	-66.75	-129.63	-108.92	-120.86	-375.02	-85.36	-24.9	-80.28	-100.68	-68.88
Tangible Common Equity Ratio	30.28	41.08	39.99	44.36	59.51	53.26	48.45	28.1	-70.45	-544.98	92.86	72.08	59.34	61.72	72.74
Current Ratio	1.41	1.73	1.65	1.87	2.39	1.89	1.91	8.79	4.97	1.16	13.78	3.23	3.68	4.75	6.41
Cash Conversion Cycle	14.45	33.85	13.72	8.51	22	27.71	7.66	-41.03	- -	- -	-207.19	-148.25	42.8	57.81	32.03
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement	2008 Y	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y
+ Net Income	3	-7	-1	7	5	-13	-16	-4	-4	-130	-65	-92	-43	-30	-8
+ Depreciation & Amortization	6	14	7	7	18	7	11	- -	- -	- -	1	3	3	3	2
+ Non-Cash Items	2	11	6	14	7	6	11	2	2	121	36	32	7	4	-16
+ Stock-Based Compensation	2	2	1	1	2	1	1	1	2	17	39	31	7	5	2
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	3	1	4	1	1	1	- -	- -	- -	- -	- -	- -	1	- -
+ Other Non-Cash Adj	- -	6	3	9	4	4	8	- -	- -	105	-3	1	- -	-3	-18
+ Chg in Non-Cash Work Cap	-14	-24	-15	-18	-23	-5	-10	- -	- -	1	- -	- -	-5	1	- -
+ (Inc) Dec in Accts Receiv	-3	1	-3	-6	-17	10	- -	1	- -	- -	-1	-1	-2	3	- -
+ (Inc) Dec in Inventories	-2	- -	-2	-5	2	2	3	1	- -	- -	- -	- -	-1	- -	- -
+ (Inc) Dec in Prepaid Assets	-1	-2	-2	-2	7	-2	4	- -	- -	- -	-1	- -	- -	-1	1
+ Inc (Dec) in Accts Payable	5	-2	2	9	-5	-6	-2	-2	- -	1	2	1	-3	-1	-2
+ Inc (Dec) in Other	-14	-21	-9	-13	-11	-9	-14	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-3	-7	-3	9	6	-5	-4	-2	-2	-8	-29	-57	-38	-23	-23
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3	-9	-3	-1	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3	-9	-3	-1	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-13	19	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	27	33	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-40	-14	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	-4	-1	- -	- -	- -	-2	- -	- -	- -	2
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	-4	-1	- -	- -	- -	-2	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	-1	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	- -	- -	-1	- -	-4	-1	1	- -	-3	-11	-16	18	- -	3
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	-10	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	- -	- -	-1	- -	-2	- -	- -	- -	- -	-1	2	-1	-19
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5	1	- -
+ Repayments of Debt	- -	- -	- -	- -	-1	- -	-2	- -	- -	- -	- -	-1	-2	-2	-19
+ Cash (Repurchase) of Equity	- -	9	- -	- -	- -	2	- -	11	1	2	93	28	32	10	8
+ Increase in Capital Stock	- -	9	- -	- -	- -	2	- -	11	1	2	93	28	32	10	8
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	1	5	- -	-2	- -	2	- -	- -	- -	19	1	- -	1	7	23
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	1	13	- -	-2	-1	4	-2	11	-9	21	93	27	35	17	12
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-2	6	-4	6	4	-5	-6	10	-11	11	53	-45	15	-6	-8
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3	-9	-3	-1	- -	- -
EBITDA	8	8	5	19	23	-4	-2	-3	-4	-130	-68	-90	-39	-30	-24
EBITDA Margin (%)	11.96	8.98	6.64	15.54	17.28	-8.34	-4.57	-38.74	- -	- -	-4,353.04	-1,596.04	-383.6	-314.08	-2,993.86
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	4	1	- -	- -	- -	2	- -	- -	- -	-2
Free Cash Flow	-3	-7	-3	9	6	-5	-4	-2	-2	-10	-38	-59	-39	-23	-23
Free Cash Flow to Firm	-2	- -	- -	10	7	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	-3	-7	-4	9	5	-5	-6	7	-8	94	-161	-60	-37	-23	-41
Free Cash Flow per Basic Share	-114.81	-237.16	-94.11	243.98	151.15	-122.69	-90.08	-32.85	-21.06	-51.42	-61.87	-59.5	-25.2	-7.11	-3.3
Price/Free Cash Flow	-4.48	-3.33	-5.88	9.65	4.48	-4.15	-1.92	-4.06	-4.25	-25.28	-12.03	-1.2	-0.74	-2.1	-0.22
Cash Flow to Net Income	-0.8	0.92	3.12	1.38	1.32	0.36	0.22	0.42	0.38	0.06	0.44	0.61	0.88	0.75	2.88

RegenETP, Inc.

Income Statement

Balance Sheet

Cash Flow Statement