LENZ: the balance sheet

MyFinsight

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	24,772	25,179	25,399	37,608
Marketable securities	233,613	267,168	176,773	171,911
Restricted cash	NaN	NaN	NaN	114
Accounts receivable, net	343	329	NaN	NaN
Restricted cash	NaN	0	0	100
Inventory	3,498	2,936	949	NaN
Prepaid expenses and other current assets	6,141	5,800	3,876	3,969
Total current assets	268,367	301,412	206,997	213,602
Property and equipment, net	1,096	1,189	1,258	1,169
Operating lease right-of-use asset	619	734	847	959
Other assets	2,453	2,541	1,602	1,602
Total assets	272,535	305,876	210,704	217,332

Accounts payable	10,929	4,167	4,323	2,854
Accrued liabilities	14,877	17,020	11,993	7,544
Total current liabilities	25,806	21,187	16,316	10,398
Operating lease liability, net	237	350	461	569
Total liabilities	26,043	21,537	16,777	10,967
Common stock, par value of 0.00001 per share 300,000,000 shares authorized 31,354,394 and 31,344,782 shares issued and outstanding at march31, 2026 and december31, 2025, respectively	1	1	1	1
Additional paid-in capital	515,570	511,237	384,944	380,871
Accumulated deficit	-268,629	-227,141	-191,245	-174,545
Accumulated other comprehensive (loss) income	-450	242	227	38
Total stockholders equity	246,492	284,339	193,927	206,365
Total liabilities and stockholders equity	272,535	305,876	210,704	217,332

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.