KLRS: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, KLRS has $81,175K in assets. $39,310K in debts. $42,387K in cash and cash equivalents.

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

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	42,387	88,426
Short-term investments	34,612	-
Prepaid expenses and other current assets	1,184	3,225
Total current assets	78,183	91,651
Deferred transaction costs	0	0
Operating lease right-of-use assets	1,516	-
Restricted cash	500	500
Other non-current assets	976	691
Total assets	81,175	92,842

Accounts payable	494	3,680
Convertible promissory notes, net of discount of 1,298 (including 0 and 18,670 due to a related party)	0	0
Derivative liabilities (including 0 and 995 due to a related party)	0	0
Tranche liability (including 0 and 331 due to a related party)	0	0
Accrued expenses and other current liabilities (including 64 and 85 due to a related party)	5,195	3,971
Operating lease liabilities, current	376	-
Total current liabilities	6,065	7,651
Royalty obligation - related party	32,076	32,076
Operating lease liabilities, long-term	1,169	-
Total liabilities	39,310	39,727
Common stock, 0.0001 and 0.00001 par value as of september 30, 2025 and december 31, 2024, respectively 300,000,000 and 86,000,000 shares authorized as of september 30, 2025 and december 31, 2024, respectively 18,702,418 and 1,356,431 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively	2	2
Additional paid-in capital	191,858	191,220
Accumulated other comprehensive income	6	-
Accumulated deficit	-150,001	-138,107
Total stockholders' equity (deficit)	41,865	53,115
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit)	81,175	92,842

Unit: Thousand (K) dollars