MSPRZ: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

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

Cash Flow	2025-09-30	2025-06-30
Net loss	-723,271	-477,809
Depreciation and amortization	342	215
Claims amortization expense	355,923	237,285
Paid-in-kind interest	248,849	162,042
Loss/(gain) debt extinguishment	-80	-80
Change in fair value of warrant liability	-41,264	-17,347
Change in fair value of derivatives	-143	-116
Mark-to-market loss on liability payable in stock	486	-4
Professional fees payable in shares	1,200	1,200
Non-cash lease expense	1	1
Prepaid expenses and other assets	-304	534
Affiliate receivable	59	59
Affiliate payable	626	683
Accounts payable, commission payable and accrued liabilities	14,929	-1,373
Interest payable	125,087	81,440
Deferred revenue	75	-
Net cash used in operating activities	-19,059	-15,654
Purchases of property and equipment	163	163
Net cash used in investing activities	-163	-163
Proceeds from debt financing	10,622	8,513
Repayment of the claims financing obligation	2,586	1,713
Proceeds from the issuance of common stock	679	679
Net cash provided by financing activities	8,715	7,479
Net decrease in cash	-10,507	-8,338
Cash and cash equivalents at beginning of period	12,328	-
Cash and cash equivalents at end of period	1,821	-

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

MSPRZ: the cashflow