Financial insights of NUVL

MyFinsight

For the quarter ending 2026-03-31.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Research and development	83,608	59,836*	83,843	80,913
General and administrative	35,799	28,571*	28,853	23,658
Total operating expenses	119,407	88,406	112,696	104,571
Loss from operations	-119,407	-88,406*	-112,696	-104,571
Change in fair value of related party revenue share liability	-2,570	-16,445*	-19,810	-6,040
Interest income and other income (expense), net	12,866	12,779*	10,201	11,103
Total other income (expense), net	10,296	-3,666*	-9,609	5,063
Loss before income taxes	-109,111	-92,072*	-122,305	-99,508
Income tax provision	168	170*	132	145
Net loss	-109,279	-92,242*	-122,437	-99,653
Unrealized gains (losses) on marketable securities	-3,708	138*	1,007	509
Comprehensive loss	-112,987	-92,104	-121,430	-99,144

Basic EPS	-1.39	-1.243	-1.7	-1.39
Diluted EPS	-1.39	-1.243	-1.7	-1.39
Basic Average Shares	78,670,371	74,073,007	72,143,466	71,843,774
Diluted Average Shares	78,670,371	74,073,007	72,143,466	71,843,774

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