PRAX: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, PRAX has $1,460,202K in assets. $50,241K in debts. $536,333K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	536,333	357,329	149,527	157,415
Marketable securities	250,532	242,002	117,630	143,860
Prepaid expenses and other current assets	10,909	11,580	6,687	5,304
Total current assets	797,774	610,911	273,844	306,579
Long-term marketable securities	660,938	326,757	122,008	145,369
Property and equipment, net	170	147	174	258
Other non-current assets	-	0	0	0
Operating lease right-of-use assets	1,320	92	362	626
Total assets	1,460,202	937,907	396,388	452,832

Accounts payable	31,158	24,628	30,819	28,832
Accrued expenses	17,648	35,033	21,628	19,021
Operating lease liabilities	1,435	110	436	755
Total current liabilities	50,241	59,771	52,883	48,608
Non-current portion of operating lease liabilities	-	0	0	0
Total liabilities	50,241	59,771	52,883	48,608
Common stock, 0.0001 par value 150,000,000 shares authorized 27,859,514 shares issued and outstanding as of march31, 2026, and 25,195,092 shares issued and outstanding as of december31, 2025	15	15	14	14
Additional paid-in capital	2,644,109	2,017,566	1,394,088	1,380,978
Accumulated deficit	-1,232,569	-1,140,008	-1,051,097	-977,163
Accumulated other comprehensive (loss) gain	-1,594	563	500	395
Total stockholders equity	1,409,961	878,136	343,505	404,224
Total liabilities and stockholders equity	1,460,202	937,907	396,388	452,832

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