Financial insights of ADGM

MyFinsight

For the quarter ending 2025-09-30.

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Impairment - intangibles, net	-	-	-	4,720*
Impairment - goodwill	-	-	-	44,483*
Cost of revenue	31	342	253	695*
Research and development	2,774	1,971	3,659	983*
Selling, general, and administrative	2,916	2,404	3,485	-1,802*
Total cost of revenue and operating expenses	5,721	4,717	7,397	49,078*
Revenue	-	-	-	-127*
Loss from operations	-5,721	-4,717	-7,397	-49,205*
Convertible notes fair value adjustment	3,508	-1,427	-190	8,836*
Warrant liabilities fair value adjustment	231	141	-38	8,343*
Interest expense	749	720	662	-200*
Interest income	79	102	164	-78*
Other (expense) income, net	12	102	-46	1,681*
Total other (gain) income, net	-4,397	770	-316	-15,376*
Net (loss) income	-10,118	-3,947	-7,713	-64,581*
Foreign currency translation adjustment	4	-39	-61	28*
Comprehensive (loss) income	-10,114	-3,986	-7,774	-64,553

Basic EPS	-0.66	-0.26	-0.5	-4.168
Diluted EPS	-0.66	-0.35	-0.51	-4.786
Basic Average Shares	15,381,565	15,381,565	15,375,521	15,487,748
Diluted Average Shares	15,381,565	15,381,565	15,375,521	13,487,748

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.