LONA: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, LONA has $71,590K in assets. $22,287K in debts. $32,833K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31
Cash and cash equivalents	32,833	69,276
Short-term investments	34,846	19,055
Prepaid expenses and other current assets	1,523	1,127
Total current assets	69,202	89,458
Restricted cash	631	631
Property and equipment, at cost	5,739	5,739
Less accumulated depreciation	4,498	4,267
Property and equipment, net	1,241	1,472
Operating lease right-of-use asset	461	535
Other long-term assets	55	55
Total assets	71,590	92,151

Accounts payable	1,764	4,587
Accrued liabilities	4,424	4,963
Sermonix pre-funded warrant	-	37,488
Current operating lease liability	478	465
Total current liabilities	6,666	47,503
Operating lease liability, less current portion	213	338
Milestone liability	14,187	15,116
Other long-term liabilities	1,221	1,404
Total liabilities	22,287	64,361
Common stock, 0.0001 par value400,000,000 and 90,000,000 shares authorized at march 31,, 2026 and december 31, 2025, respectively 9,393,514 and 9,335,913 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively	1	1
Additional paid-in capital	594,018	539,548
Accumulated other comprehensive (loss) income	-13	-4
Accumulated deficit	-544,703	-511,755
Total stockholders' equity	49,303	27,790
Total liabilities and stockholders' equity	71,590	92,151

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