ADGM: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, ADGM has $31,546K in assets. $32,858K in debts. $4,673K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	4,673	8,200
Inventory, net	1,548	1,841
Prepaid expenses	1,111	1,110
Other current assets	811	1,076
Total current assets	8,143	12,227
Property and equipment, net	1,701	1,882
Right-of-use assets, net	760	822
Intangible assets, net	6,969	6,969
Goodwill, net	13,967	13,967
Other assets	6	9
Total assets	31,546	35,876

Accounts payable	1,024	1,315
Accrued liabilities	8,498	3,364
Operating lease liabilities, current	180	205
Total current liabilities	9,702	4,884
Other long-term liabilities	-	3,614
Operating lease liabilities, long-term	596	629
Convertible notes payable, net	21,191	16,945
Warrant liabilities	486	255
Deferred tax liabilities, net	883	883
Total liabilities	32,858	27,210
Common stock, 0.0001 par value 210,000,000 shares authorized at september 30, 2025 and december 31, 2024 15,381,565 and 15,198,232 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively	2	2
Additional paid-in capital	91,084	90,947
Accumulated other comprehensive (loss) income	-95	-99
Accumulated deficit	-92,303	-82,184
Total stockholders' (deficit) equity	-1,312	8,666
Total liabilities and stockholders' (deficit) equity	31,546	35,876

Unit: Thousand (K) dollars