MREO: the balance sheet

MyFinsight

For the year ending 2025-12-31, MREO has $45,917K in assets. $5,001K in debts. $40,992K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	40,992
Prepaid expenses and other current assets	2,531
Research and development incentives receivables	1,497
Total current assets	45,020
Property and equipment, at cost	1,222
Less accumulated depreciation	1,085
Property and equipment, net	137
Operating lease right-of-use assets, net	244
Intangible assets, net	516
Total assets	45,917

Accounts payable	1,333
Accrued expenses	2,026
Convertible loan notes - current	0
Operating lease liabilities - current	202
Other current liabilities	741
Total current liabilities	4,302
Warrant liabilities - non current	38
Operating lease liabilities- non current	0
Other non-current liabilities	661
Total liabilities	5,001
Ordinary shares, par value 0.003 per share 795,658,504 shares issued at december 31, 2025 (december 31, 2024 775,728,034)	3,135
Additional paid-in capital	549,622
Accumulated deficit	-501,018
Accumulated other comprehensive loss	-10,823
Total shareholders' equity	40,916
Total liabilities and shareholders' equity	45,917

Unit: Thousand (K) dollars (except for numbers of shares and EPS).