RAPP: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, RAPP has $497,597K in assets. $26,085K in debts. $78,056K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-09-30	2025-06-30
Cash and cash equivalents	78,056	251,359	55,067
Accounts receivable	58	-	-
Short-term investments	398,726	261,667	205,380
Restricted cash	105	105	105
Prepaid expenses and other current assets	7,750	7,528	9,690
Total current assets	484,695	520,659	270,242
Total property and equipment	4,448	4,834	-
Less accumulated depreciation	1,930	1,718	-
Property and equipment, net	2,518	3,116	3,172
Operating lease right of use asset, net	9,327	10,480	11,047
Other assets	1,057	1,068	1,034
Total assets	497,597	535,323	285,495

Accounts payable	6,561	3,235	3,176
Accrued expenses and other current liabilities	8,721	8,599	6,944
Operating lease liability	2,615	2,482	1,759
Total current liabilities	17,897	14,316	11,879
Operating lease liability, net of current portion	8,188	9,390	10,104
Total liabilities	26,085	23,706	21,983
Common stock, 0.001 par value 500,000,000 shares authorized at march 31, 2026 and december 31, 2025 47,807,453 shares and 47,772,567 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively	48	48	37
Additional paid-in capital	727,054	712,889	438,091
Accumulated other comprehensive income (loss)	-505	145	-76
Accumulated deficit	-255,085	-201,465	-174,540
Total stockholders' equity	471,512	511,617	263,512
Total liabilities and stockholders' equity	497,597	535,323	285,495

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