MGTX: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, MGTX has $189,471K in assets. $230,028K in debts. $14,841K 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	14,841	32,166
Accounts receivable - related party	2,808	2,319
Inventory	-	314
Prepaid expenses	7,195	7,033
Tax incentive receivable	9,002	4,472
Other current assets	328	780
Total current assets	34,174	47,084
Property, plant and equipment, net	107,653	110,816
Intangible assets, net	653	742
Restricted cash	2,265	2,258
Other assets	1,111	1,093
Equity method and other investments	6,749	6,749
Right-of-use assets - operating leases, net	13,064	5,820
Right-of-use assets - finance leases, net	23,802	24,154
Total assets	189,471	198,716

Accounts payable	21,537	25,586
Accrued expenses	23,872	15,483
Lease obligations, current	2,475	2,647
Deferred revenue - related party, current	2,742	2,908
Notes payable, net, current	74,055	-
Other current liabilities	28,241	6,812
Note payable, net	-	73,773
Total current liabilities	152,922	53,436
Deferred revenue - related party	64,210	63,044
Lease obligations	11,531	4,049
Asset retirement obligations	1,365	1,454
Total liabilities	230,028	195,756
Ordinary shares, 0.00003881 par value, 1,288,327,750 authorized, 80,479,684 and 78,397,380 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively	3	3
Capital in excess of par value	797,063	791,280
Accumulated other comprehensive income	-6,312	-7,525
Accumulated deficit	-831,311	-780,798
Total shareholders' equity	-40,557	2,960
Total liabilities and shareholders' equity	189,471	198,716