KLRS: the balance sheet

MyFinsight

For the year ending 2025-12-31, KLRS has $121,736K in assets. $42,922K in debts. $98,054K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	98,054
Short-term marketable securities	19,928
Prepaid expenses and other current assets	827
Total current assets	118,809
Deferred transaction costs	0
Operating lease right-of-use assets	1,475
Restricted cash	499
Other non-current assets	953
Total assets	121,736

Accounts payable	1,281
Accrued expenses and other current liabilities (including 67 and 85 due to a related party)	8,117
Convertible promissory notes, net of discount of 1,298 (including 0 and 18,670 due to a related party)	0
Derivative liabilities (including 0 and 995 due to a related party)	0
Tranche liability (including 0 and 331 due to a related party)	0
Operating lease liabilities, current	316
Total current liabilities	9,714
Royalty obligation - related party	32,076
Operating lease liabilities, long-term	1,132
Total liabilities	42,922
Common stock, 0.0001 and 0.00001 par value as of december 31, 2025 and 2024, respectively 300,000,000 and 86,000,000 shares authorized as of december 31, 2025 and 2024, respectively 22,902,418 and 1,356,431 shares issued and outstanding as of december 31, 2025 and 2024, respectively	2
Additional paid-in capital	238,805
Accumulated other comprehensive income	6
Accumulated deficit	-159,999
Total stockholders' equity (deficit)	78,814
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit)	121,736

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