| Cash Flow | 2026-06-30 |
|---|---|
| Net loss | -19,916 |
| Depreciation and amortization | 1,802 |
| Non-cash lease expenses and amortization | 627 |
| Stock-based compensation | 2,571 |
| Change in fair value of convertible promissory notes-Nonrelated Party | -1,264 |
| Change in fair value of convertible promissory notes-Related Party | -3,791 |
| Change in fair value of private warrant liability-Series B1And DRedeemable Convertible Preferred Stock Warrants | 399 |
| Change in fair value of private warrant liability-Series ACommon Stock Private Warrants | -4,738 |
| Loss (gain) on disposal of property and equipment | -36 |
| Unrealized foreign exchange loss (gain) | -584 |
| Non-cash interest | 0 |
| Receivables under collaboration agreements | -1,049 |
| Prepaid expenses and other current assets | 1,262 |
| Other non-current assets | -160 |
| Accounts payable | -21 |
| Accrued expenses | 2,916 |
| Operating lease liabilities | -653 |
| Net cash used in operating activities | -11,391 |
| Property and equipment expenditures | 556 |
| Advances on property and equipment | 22 |
| Net cash used in investing activities | -578 |
| Proceeds received from reverse recapitalization and pipe financing, net of 20,064 of transaction costs | 91,996 |
| Issuance of convertible promissory notes, net | 5,340 |
| Proceeds from stock option exercises | 90 |
| Principal paid on finance lease liability | 0 |
| Deferred transaction costs paid | 1,335 |
| Net cash provided by (used in) financing activities | 96,091 |
| Effects of exchange rate change on cash, cash equivalents and restricted cash | -177 |
| Net change in cash, cash equivalents and restricted cash | 83,945 |
| Beginning cash, cash equivalents and restricted cash | 29,772 |
| Ending cash, cash equivalents and restricted cash | 113,717 |
| Interest | 0 |
| Leases | 986 |
| Reclassification of warrant liabilityfor series a common stockfrom equity | -49,354 |
| Conversion of convertible promissory notes and accrued interest into series a common stock | 22,681 |
| Conversion of warrant liabilities for series b-1 and series d into series a common stock | 3,378 |
| Deferred transaction costs included in accrued expenses | 1,423 |
| Cash and cash equivalents | 112,831 |
| Restricted cash | 886 |
| Total cash, cash equivalents and restricted cash | 113,717 |
Factorial Energy Inc. (FACWW)
Factorial Energy Inc. (FACWW)