MREO: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, MREO has $53,602K in assets. $7,004K in debts. $48,698K 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	48,698	56,125
Prepaid expenses and other current assets	2,694	2,545
Research and development incentives receivables	1,015	2,751
Total current assets	52,407	61,421
Property and equipment, at cost	1,221	-
Less accumulated depreciation	1,047	-
Property and equipment, net	174	218
Operating lease right of use assets, net	378	522
Intangible assets, net	643	470
Total assets	53,602	62,631

Accounts payable	879	1,138
Accrued expenses	4,118	5,041
Convertible loan notes - current	0	0
Operating lease liabilities - current	397	601
Other current liabilities	622	777
Total current liabilities	6,016	7,557
Warrant liabilities - non-current	336	545
Operating lease liabilities- non-current	0	0
Other non-current liabilities	652	352
Total liabilities	7,004	8,454
Ordinary shares, par value 0.003 per share 795,484,404 shares issued at september 30, 2025 (december 31, 2024 775,728,034)	3,134	3,132
Additional paid-in capital	548,041	546,331
Accumulated deficit	-493,667	-486,643
Accumulated other comprehensive loss	-10,910	-8,643
Total shareholders' equity	46,598	54,177
Total liabilities and shareholders' equity	53,602	62,631