Financial insights of GRCE

MyFinsight

Income Statement	2026-03-31
Research and development expenses	2,405
General and administrative expenses	8,672
Loss from operating activities	-11,077
Foreign exchange loss	-1
Change in fair value of derivative warrant liabilities	-900
Interest and other income, net	685
Total other income, net	1,584
Loss before income tax benefit	-9,493
Income tax benefit	-1,700
Net loss	-7,793

Basic EPS	-0.47
Diluted EPS	-0.47
Basic Average Shares	16,510,632
Diluted Average Shares	16,510,632

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