CART: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, CART has $4,540M in assets. $889M in debts. $1,690M in cash and cash equivalents.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Cash and cash equivalents	1,690	1,489	1,558	1,278
Short-term marketable securities	39	109	72	91
Accounts receivable, net of allowance of 4 and 3, respectively	1,042	1,043	974	1,014
Restricted cash and cash equivalents, current	126	122	130	152
Prepaid expenses and other current assets	134	127	139	162
Total current assets	3,031	2,890	2,873	2,697
Long-term marketable securities	62	-	-	-
Restricted cash and cash equivalents, noncurrent	18	15	15	19
Property and equipment, net	218	221	213	200
Operating lease right-of-use assets	31	33	18	21
Intangible assets, net	74	81	47	52
Goodwill	392	392	317	317
Deferred tax assets, net	696	775	780	771
Other assets	18	25	29	38
Total assets	4,540	4,433	4,292	4,115

Accounts payable	78	69	77	80
Accrued and other current liabilities	532	579	580	505
Operating lease liabilities, current	3	3	13	13
Deferred revenue	219	220	217	200
Total current liabilities	832	871	887	798
Operating lease liabilities, noncurrent	34	34	9	13
Other long-term liabilities	23	37	32	25
Total liabilities	889	942	928	836
Series a redeemable convertible preferred stock 0.0001 par value per share 5,833 shares authorized, issued, and outstanding as of december31, 2024 and september30, 2025-Series ARedeemable Convertible Preferred Stock	193	191	188	186
Additional paid-in capital	6,953	6,869	6,758	6,687
Accumulated other comprehensive loss	-4	-1	-9	-9
Accumulated deficit	-3,491	-3,568	-3,573	-3,585
Total stockholders equity	3,458	3,299	3,176	3,093
Total liabilities, redeemable convertible preferred stock, and stockholders equity	4,540	4,433	4,292	4,115

Unit: Million (M) dollars