Financial insights of PVLA

MyFinsight

For the year ending 2025-12-31.

Income Statement	2025-12-31
Research and development	22,841
General and administrative	15,761
Total operating expenses	38,602
Operating loss	-38,602
Interest expense - royalty agreement	-5,818
Interest expense - convertible notes payable	0
Fair value adjustments on derivative liabilities - royalty agreement	-394
Fair value adjustments on convertible notes payable	0
Fair value adjustments on derivative liabilities - contingent value right liability	-218
Other income - german r&d tax credit receivable	0
Interest income, net	2,590
Other income (expense), net	727
Loss before income taxes	-41,715
Income tax benefit (expense)	0
Net loss	-41,715
Foreign currency translation gain	80
Comprehensive loss	-41,635

Basic EPS	-3.71
Diluted EPS	-3.71
Basic Average Shares	11,251,250
Diluted Average Shares	11,251,250

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