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Investor Presentaiton

Consolidated Balance Sheet eMAGIN CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share data) (unaudited) ASSETS Current assets: Cash and cash equivalents Restricted cash Accounts receivable, net Account receivable-due from govemment awards Unbilled accounts receivable Inventories Prepaid expenses and other current assets Total current assets Property, plant and equipment, net Operating lease right-of-use assets Intangibles and other assets Total assets LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable Accrued compensation Revolving credit facility, net Other accrued expenses Deferred revenue Operating lease liability - current Finance lease liability - current Other current liabilities Total current liabilities Other liability - long term Deferred income-government awards - long term Finance lease liability - long term Total liabilities Commitments and contingencies (Note 8) Shareholders' equity: Preferred stock, $0.001 par value: authorized 10,000,000 shares: Series B Convertible Preferred stock, (liquidation preference of $5,356) stated value $1,000 per share, $0.001 par value: 10,000 shares designated and 5,356 issued and outstanding as of March 31, 2023 and 5,356 issued and outstanding as of December 31, 2022. Common stock, $0.001 par value: authorized 200,000,000 shares, issued 82,530,660 shares, outstanding 82,368,594 shares as of March 31, 2023 and issued 81,241,516 shares, outstanding 81,079,450 shares as of December 31, 2022. Additional paid-in capital Accumulated deficit Treasury stock, 162,066 shares as of March 31, 2023 and December 31, 2022. Total shareholders' equity Total liabilities and shareholders' equity AeMagin March 31, 2023 December 31, 2022 $ 3,849 $ 4,346 303 303 5,513 7,035 501 2.665 2.438 8,804 8,709 688 594 21.822 23,926 51.171 49,099 37 53 27 29 $ 73,057 $ 73,107 $ 1,199 $ 2,077 1,856 1,662 1,037 961 659 12 12 38 54 1,229 1,229 471 231 5,766 6,961 14 14 31,136 28.729 13.545 50,461 13,608 49,312 82 284,002 (260,988) (500) 22,596 $ 73,057 $ See notes to Condensed Consolidated Financial Statements. ©2023 eMagin Corporation 27 80 282,582 (258,367) (500) 23,795 73.107
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