MRAI: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, MRAI has $12,753K in assets. $46,099K in debts. $445K 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	445	619
Restricted cash	10,070	7,661
Accounts receivable, net of allowance for credit losses of 1 and 1 as of september 30, 2025, and december 31, 2024, respectively	377	548
Unbilled receivables	793	914
Due from buyer for sale of business unit	-	0
Prepaid expenses and other current assets	397	590
Total current assets	12,082	10,332
Capitalized software, net	120	227
Operating lease right-of-use assets	251	265
Security deposits	229	229
Other long-term assets	71	8
Total assets	12,753	11,061

Accounts payable	4,411	3,588
Accrued expenses	1,982	2,069
Accrued fiduciary obligations	9,327	7,179
Deferred revenue	649	743
Current portion of operating lease liabilities	256	250
Current portion of convertible debentures, net	3,287	3,037
Other short-term liabilities	2,868	2,868
Total current liabilities	22,780	19,734
Other long-term liabilities	16,168	15,719
Convertible debentures, net of current portion	6,553	7,311
Operating lease liabilities, net of current portion	598	664
Total liabilities	46,099	43,428
Common stock, 0.0001 par value, 227,791,050 shares authorized 18,455,611 shares and 14,237,176 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively	2	2
Additional paid-in capital	76,420	73,905
Accumulated deficit	-109,768	-106,274
Total stockholders deficit	-33,346	-32,367
Total liabilities and stockholders deficit	12,753	11,061

Unit: Thousand (K) dollars