HOVR: the balance sheet

MyFinsight

For the quarter ending 2025-08-31, HOVR has $17,043K in assets. $6,230K in debts.

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

Balance Sheets	2025-08-31
Cash and cash equivalents	16,267
Prepaid expenses	372
Accounts receivable	81
Total current assets	16,720
Operating lease assets	25
Total property and equipment, gross	533
Accumulated depreciation	235
Property and equipment, net	298
Total assets	17,043

Accounts payable	382
Accrued liabilities	1,692
Operating lease liabilities	23
Total current liabilities	2,097
Warrant liabilities	4,131
Operating lease liabilities	2
Total liabilities	6,230
Class a ordinary shares, no par value unlimited shares authorized 39,558,366 issued and outstanding (32,325,709 as of may 31, 2025)-Common Class A	96,587
Preferred shares, no par value unlimited shares authorized 4,500 issued and outstanding (4,500 as of may 31, 2025)	6,277
Additional paid-in capital	-71,665
Accumulated deficit	-20,386
Total shareholders equity (deficit)	10,813
Total liabilities and shareholders equity (deficit)	17,043