AKTS: the balance sheet

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Balance Sheets	2026-03-31
Cash and cash equivalents	371,630
Marketable securities	166,854
Prepaid expenses and other current assets	5,456
Total current assets	543,940
Total property and equipment	21,492
Less accumulated depreciation and amortization	6,197
Property and equipment, net	15,295
Operating lease right-of use assets	12,816
Restricted cash equivalents	1,149
Other assets	3,601
Total assets	576,801

Accounts payable	1,227
Accrued expenses and other current liabilities	6,298
Deferred revenue, current portion	18,958
Operating lease liabilities, current portion	1,430
Total current liabilities	27,913
Deferred revenue, net of current portion	32,633
Operating lease liabilities, net of current portion	10,147
Total liabilities	70,693
Redeemable convertible preferred stock-Series Seed Redeemable Convertible Preferred Stock	0
Redeemable convertible preferred stock-Series ARedeemable Convertible Preferred Stock	0
Redeemable convertible preferred stock-Series A-1Redeemable Convertible Preferred Stock	0
Redeemable convertible preferred stock-Series BRedeemable Convertible Preferred Stock	0
Redeemable convertible preferred stock-Partner Redeemable Convertible Preferred Stock	0
Common stock value-Common Stock	5
Common stock value-Common Class A	0
Additional paid-in capital	681,233
Accumulated other comprehensive (loss) income	-241
Accumulated deficit	-174,889
Total stockholders' equity (deficit)	506,108
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit)	576,801

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