DARE: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, DARE has $30,748,574 in assets. $27,890,671 in debts. $23,075,261 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	23,075,261	5,035,006
Other receivables	369,157	188,116
Prepaid expenses	1,506,603	1,379,295
Other current assets	53,159	-
Total current assets	25,004,180	6,602,417
Property and equipment, net	1,657,255	1,651,656
Operating lease right-of-use assets	824,693	955,651
Finance lease right-of-use asset	2,244,073	2,699,899
Other non-current assets	1,018,373	1,069,902
Total assets	30,748,574	12,979,525

Accounts payable	1,844,862	1,762,600
Accrued expenses	2,324,931	2,523,603
Deferred grant funding	14,557,265	12,326,879
Current portion of liability related to the sale of future royalties	10,542	187,966
Current portion of lease liabilities, operating	609,224	588,478
Current portion of lease liability, finance	1,869,570	1,831,617
Total current liabilities	21,216,394	19,221,143
Deferred revenue, non-current	1,000,000	1,000,000
Liability related to the sale of future royalties, net	5,220,525	4,879,024
Lease liabilities long-term, operating	288,566	448,206
Lease liability long-term, finance	165,186	164,412
Total liabilities	27,890,671	25,712,785
Common stock, 0.0001 par value 240,000,000 shares authorized 13,929,502 and 8,700,386 shares issued and outstanding at september30, 2025 and december31, 2024, respectively	1,393	903
Additional paid-in capital	190,499,662	171,353,083
Accumulated other comprehensive loss	-395,966	-402,826
Accumulated deficit	-187,247,186	-183,684,420
Total stockholders' equity (deficit)	2,857,903	-12,733,260
Total liabilities and stockholders' equity (deficit)	30,748,574	12,979,525

Unit: Dollar