GCTS: the balance sheet

MyFinsight

For the year ending 2025-12-31, GCTS has $15,644K in assets. $98,937K in debts. $590K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	590
Accounts receivable, net	2,597
Inventory	947
Contract assets	5,432
Prepaid expenses and other current assets	2,318
Total current assets	11,884
Total property and equipment	18,700
Less accumulated depreciation and amortization	16,029
Property and equipment, net	2,671
Operating lease right-of-use assets	708
Intangibles, net	0
Other assets	381
Total assets	15,644

Accounts payable	628
Contract liabilities	0
Accrued and other current liabilities	21,680
Common stock forward liability	3
Borrowings	56,589
Operating lease liabilities, current	686
Total current liabilities	79,586
Convertible promissory notes, net of current	6,046
Net defined benefit liabilities	7,598
Long-term operating lease liabilities	41
Other taxes payable	2,265
Warrant liabilities	2,870
Other liabilities	531
Total liabilities	98,937
Common stock, par value 0.0001 per share 400,000 shares authorized as of december 31, 2025 and 2024 58,137 and 47,987 shares issued and outstanding as of december 31, 2025 and 2024, respectively	6
Additional paid-in capital	520,925
Accumulated other comprehensive income	1,181
Accumulated deficit	-605,405
Total stockholders' deficit	-83,293
Total liabilities and stockholders' deficit	15,644

Unit: Thousand (K) dollars (except for numbers of shares and EPS).