BTAI: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, BTAI has $34,025K in assets. $139,568K in debts. $17,180K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-09-30	2025-06-30
Cash and cash equivalents	17,180	36,176	17,435
Restricted cash	0	1,144	1,140
Accounts receivable, net	216	0	17
Inventory	500	459	506
Prepaid expenses	3,945	5,690	5,150
Other current assets	12,067	934	995
Total current assets	33,908	44,403	25,243
Property and equipment, net	117	249	324
Operating lease right-of-use assets	0	140	222
Other assets	-	0	-
Total assets	34,025	44,792	25,789

Accounts payable	16,247	16,276	16,692
Accrued expenses	6,388	4,363	5,090
Current portion of long-term debt	22,431	16,823	11,216
Other current liabilities-Related Party	178	122	122
Other current liabilities-Nonrelated Party	9,750	220	256
Total current liabilities	54,994	37,804	33,376
Long-term portion of operating lease liabilities	-	0	-
Derivative liabilities	6,716	3,605	2,611
Long-term debt	77,858	92,302	97,469
Total liabilities	139,568	133,711	133,456
Common stock, 0.001 par value, 200,000 shares authorized as of march 31, 2026 and december 31, 2025 27,075 and 22,328 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively	27	73	60
Additional paid-in-capital	627,215	618,557	568,911
Accumulated deficit	-732,785	-707,549	-676,638
Total stockholders' (deficit) equity	-105,543	-88,919	-107,667
Total liabilities and stockholders' (deficit) equity	34,025	44,792	25,789

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