For the quarter ending 2026-03-31, MPLT has $418,788K in assets. $18,954K in debts. $55,707K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 55,707 | 46,729 | 64,146 | |
| Short-term investments | 254,406 | 258,374 | 163,022 | |
| Prepaid expenses and other current assets | 17,115 | 19,567 | 18,138 | |
| Total current assets | 327,228 | 324,670 | 245,306 | |
| Total property and equipment | - | 3,734 | 3,359 | |
| Less accumulated depreciation | - | 2,639 | 2,500 | |
| Property and equipment, net | 968 | 1,095 | 859 | |
| Long-term investments | 85,090 | 147,993 | - | |
| Restricted cash | 207 | 207 | 207 | |
| Right of use asset | 5,259 | 5,488 | 5,710 | |
| Other assets | 36 | 59 | 5,140 | |
| Total assets | 418,788 | 479,512 | 257,222 | |
| Redeemable convertible preferred stock-Series DRedeemable Convertible Preferred Stock | - | 0 | 198,870 | |
| Redeemable convertible preferred stock-Series CRedeemable Convertible Preferred Stock | - | 0 | 224,992 | |
| Redeemable convertible preferred stock-Series B1Redeemable Convertible Preferred Stock | - | 0 | 11,981 | |
| Redeemable convertible preferred stock-Series BRedeemable Convertible Preferred Stock | - | 0 | 51,094 | |
| Redeemable convertible preferred stock-Series A1Redeemable Convertible Preferred Stock | - | 0 | 15,963 | |
| Redeemable convertible preferred stock-Series ARedeemable Convertible Preferred Stock | - | 0 | 4,793 | |
| Accounts payable | 3,188 | 3,289 | 2,446 | |
| Accrued expenses | 10,175 | 12,049 | 14,048 | |
| Lease liability - current | 920 | 891 | 862 | |
| Deferred grant earnings | - | 0 | 1,206 | |
| Total current liabilities | 14,283 | 16,229 | 18,562 | |
| Lease liability - noncurrent | 4,671 | 4,911 | 5,144 | |
| Total long-term liabilities | - | - | 5,144 | |
| Total liabilities | 18,954 | 21,140 | 23,706 | |
| Common stock, 0.0001 par value per share 500,000,000 shares authorized at march 31, 2026 and december 31, 2025 45,208,922 and 44,024,088 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 5 | 5 | - | |
| Additional paid-in-capital | 821,900 | 819,115 | 6,749 | |
| Accumulated other comprehensive loss | -883 | -228 | 46 | |
| Accumulated deficit | -421,188 | -360,520 | -280,972 | |
| Total stockholders' equity | 399,834 | 458,372 | -274,177 | |
| Total liabilities and stockholders' equity | 418,788 | 479,512 | 257,222 | |