REAL: the balance sheet

MyFinsight

For the year ending 2025-12-31, REAL has $409,033K in assets. $824,551K in debts. $151,231K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	151,231
Accounts receivable	23,822
Inventory, net	30,843
Prepaid expenses and other current assets	21,595
Total current assets	227,491
Property and equipment, net	96,148
Operating lease right-of-use assets	64,641
Restricted cash	14,808
Other assets	5,945
Total assets	409,033

Accounts payable	14,565
Accrued consignor payable	111,497
Operating lease liabilities, current portion	24,645
Convertible senior notes, net, current portion	0
Other accrued and current liabilities	113,533
Total current liabilities	264,240
Operating lease liabilities, net of current portion	66,793
Convertible senior notes, net	230,833
Non-convertible notes, net	140,980
Warrant liability	114,353
Other noncurrent liabilities	7,352
Total liabilities	824,551
Common stock, 0.00001 par value 500,000,000 shares authorized as of december31, 2025 and december31, 2024 118,318,917 and 111,242,479 shares issued and outstanding as of december31, 2025 and december31, 2024, respectively	1
Additional paid-in capital	880,107
Accumulated deficit	-1,295,626
Total stockholders deficit	-415,518
Total liabilities and stockholders deficit	409,033

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