IRD: the balance sheet

MyFinsight

For the year ending 2025-12-31, IRD has $50,243K in assets. $34,895K in debts. $45,091K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	45,091
Accounts receivable	1,995
Contract assets and unbilled receivables (note 10)	1,170
Prepaids and other current assets	1,788
Short-term investments	0
Total current assets	50,044
Property and equipment, net	199
Total assets	50,243

Accounts payable	3,293
Accrued expenses and other liabilities	4,488
Total current liabilities	7,781
Warrant liabilities	25,985
Funding agreement, related party	1,129
Total liabilities	34,895
Common stock, par value 0.0001 125,000,000 authorized as of december 31, 2025 and 2024 69,894,507 and 31,574,657 shares issued and outstanding at december 31, 2025 and 2024, respectively	7
Additional paid-in capital	203,930
Accumulated deficit	-188,589
Total stockholders' equity	15,348
Total liabilities, series a preferred stock, and stockholders' equity	50,243

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