SEPN: the balance sheet

MyFinsight

For the year ending 2025-12-31, SEPN has $596,187K in assets. $214,261K in debts. $120,722K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	120,722
Marketable securities	270,367
Accounts receivable	10,356
Prepaid expenses and other current assets	9,519
Total current assets	410,964
Marketable securities, non-current	157,569
Total property and equipment	8,786
Less accumulated depreciation and amortization	4,352
Property and equipment, net	4,434
Operating lease right-of-use assets	21,499
Restricted cash	905
Other non-current assets	816
Total assets	596,187

Accounts payable	10,283
Accrued expenses and other current liabilities	12,167
Deferred revenue, current	62,269
Operating lease liabilities, current	2,212
Total current liabilities	86,931
Deferred revenue, non-current	105,917
Operating lease liabilities, non-current	21,413
Other non-current liabilities	0
Total liabilities	214,261
Common stock, 0.001 par value per share, 500,000,000 shares authorized at december 31, 2025 and december 31, 2024 44,806,272 and 44,422,505 shares issued and outstanding at december 31, 2025 and december 31, 2024 respectively 131,224 and 576,829 shares subject to repurchase as of december 31, 2025 and december 31, 2024, respectively	45
Additional paid-in capital	548,517
Accumulated other comprehensive income	617
Accumulated deficit	-167,253
Total stockholders' equity	381,926
Total liabilities and stockholders' equity	596,187

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