QTI: the balance sheet

MyFinsight

For the year ending 2025-12-31, QTI has $23,021K in assets. $16,576K in debts. $10,412K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash	10,412
Restricted cash and cash equivalents	50
Accounts receivable, net	5,781
Inventory	5,027
Prepaid expenses and other current assets	821
Total current assets	22,091
Property and equipment, net	318
Operating lease right-of-use assets, net	573
Other assets	39
Total assets	23,021

Accounts payable	3,580
Accrued expenses and other current liabilities	3,825
Current maturities of long-term debt	9
Operating lease liabilities, current	454
Total current liabilities	7,868
Long-term debt	683
Related party notes payable	3,895
Operating lease liabilities	203
Warrant liability	103
Derivative liability	0
Earnout liability	2,210
Other liabilities	1,614
Total liabilities	16,576
Common stock, 0.0001 par value 500,000 and 100,000 shares authorized as of december31, 2025 and 2024, respectively 11,902 and 8,931 shares issued and outstanding as of december31, 2025 and 2024, respectively	1
Additional paid-in capital	59,468
Accumulated deficit	-53,024
Total stockholders equity (deficit)	6,445
Total liabilities and stockholders equity (deficit)	23,021

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