MRAI: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, MRAI has $10,915K in assets. $46,160K in debts. $201K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	201	133	445	619
Restricted cash	8,433	8,818	10,070	7,661
Capitalized software, net	-	60	120	227
Accounts receivable, net of allowance for credit losses of 11 and 21 as of march 31, 2026, and december 31, 2025, respectively	738	697	377	548
Unbilled receivables	695	280	793	914
Due from buyer for sale of business unit	-	-	-	0
Prepaid expenses and other current assets	364	408	397	590
Total current assets	10,431	10,336	12,082	10,332
Operating lease right-of-use assets	206	218	251	265
Security deposits	227	229	229	229
Other long-term assets	51	61	71	8
Total assets	10,915	10,904	12,753	11,061

Deferred revenue	-	89	649	743
Accounts payable	5,902	3,668	4,411	3,588
Accrued expenses	2,261	2,115	1,982	2,069
Accrued fiduciary obligations	8,375	8,521	9,327	7,179
Current portion of operating lease liabilities	273	264	256	250
Current portion of convertible debentures, net	1,668	3,037	3,287	3,037
Other short-term liabilities	8,000	8,000	2,868	2,868
Due to related party	668	-	-	-
Total current liabilities	27,147	25,694	22,780	19,734
Other long-term liabilities	11,900	11,450	16,168	15,719
Convertible debentures, net of current portion	6,656	5,795	6,553	7,311
Operating lease liabilities, net of current portion	457	528	598	664
Total liabilities	46,160	43,467	46,099	43,428
Common stock, value	3	2	2	2
Additional paid-in capital	83,329	82,829	76,420	73,905
Accumulated deficit	-118,577	-115,394	-109,768	-106,274
Total stockholders deficit	-35,245	-32,563	-33,346	-32,367
Total liabilities and stockholders deficit	10,915	10,904	12,753	11,061

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