PRAX: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, PRAX has $396,388K in assets. $52,883K in debts. $149,527K 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	149,527	157,415
Marketable securities	117,630	143,860
Prepaid expenses and other current assets	6,687	5,304
Total current assets	273,844	306,579
Long-term marketable securities	122,008	145,369
Property and equipment, net	174	258
Operating lease right-of-use assets	362	626
Other non-current assets	0	0
Total assets	396,388	452,832

Accounts payable	30,819	28,832
Accrued expenses	21,628	19,021
Operating lease liabilities	436	755
Total current liabilities	52,883	48,608
Non-current portion of operating lease liabilities	0	0
Total liabilities	52,883	48,608
Common stock, 0.0001 par value 150,000,000 shares authorized 21,165,933 shares issued and outstanding as of september30, 2025, and 19,422,358 shares issued and outstanding as of december31, 2024	14	14
Additional paid-in capital	1,394,088	1,380,978
Accumulated other comprehensive gain	500	395
Accumulated deficit	-1,051,097	-977,163
Total stockholders equity	343,505	404,224
Total liabilities and stockholders equity	396,388	452,832