The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Depreciation and amortization expense | 21 |
| Share-based compensation | 1,489 |
| Amortization of operating lease right-of-use assets | 418 |
| Noncash interest expense | 854 |
| Loss on settlement of convertible notes | 358 |
| Derecognition of mabwell liability (see note 19) | -3,300 |
| Gain on reversal of excise taxes payable (see note 10) | 4,401 |
| Amortization of debt discount | 160 |
| Change in fair value of forward purchase agreement asset | -23 |
| Change in fair value of sepa put rights asset | -92 |
| Change in fair value of embedded derivative liability | -773 |
| Gain on extinguishment of accrued liabilities | 200 |
| Prepaid expenses and other current assets | 34 |
| Security deposits | 11 |
| Accounts payable | 1,247 |
| Accrued expenses | 197 |
| Income taxes payable | -366 |
| Operating lease liability | -456 |
| Net loss | -2,892 |
| Other income (see note 2) | 0 |
| Accounts receivable | 0 |
| Excise taxes payable | 0 |
| Net cash used in operating activities | -6,006 |
| Proceeds from sales of property and equipment | 26 |
| Proceeds from settlement of forward purchase agreement | 132 |
| Proceeds from issuance of convertible notes, net of issuance costs | 1,840 |
| Proceeds from issuance of note payable | 553 |
| Payments on note payable | 553 |
| Issuance of advance shares | 1,098 |
| Net proceeds from the merger | 0 |
| Net proceeds from pipe financing | 0 |
| Cash transferred into escrow pursuant to forward purchase agreement | 0 |
| Proceeds from issuance of notes payable - related party | 0 |
| Payment of notes payable - related party | 0 |
| Payment of offering costs | 0 |
| Repayment of finance lease liabilities | 0 |
| Net cash provided by financing activities | 3,070 |
| Net change in cash and restricted cash | -2,910 |
| Net change in cash and restricted cash | -2,910 |
| Cash and restricted cash - beginning of period | 2,992 |
| Cash and restricted cash - end of period | 82 |
Abpro Holdings, Inc. (ABPO)
Abpro Holdings, Inc. (ABPO)