SES: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, SES has $288,767K in assets. $60,566K in debts. $35,274K in cash and cash equivalents.

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

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	35,274	11,757
Short-term investments	178,736	217,123
Accounts receivable	3,373	3,009
Inventories	3,658	114
Prepaid expenses and other assets	9,321	10,960
Total current assets	230,362	242,963
Property and equipment, net	30,952	34,089
Goodwill	12,617	-
Intangible assets, net	2,874	1,153
Right-of-use assets, net	8,250	8,744
Deferred tax assets	1,371	1,335
Other assets, non-current	2,341	2,176
Total assets	288,767	290,460

Accounts payable	4,780	1,981
Operating lease liabilities	2,262	2,732
Deferred consideration, current (note 3)	4,361	-
Accrued expenses and other current liabilities	16,603	14,788
Total current liabilities	28,006	19,501
Sponsor earn-out liabilities	6,949	3,036
Operating lease liabilities, non-current	6,194	6,573
Unearned government grant	9,251	9,509
Deferred consideration, non-current (note 3)	7,337	-
Other liabilities, non-current	2,829	2,614
Total liabilities	60,566	41,233
Common stock class a shares, 0.0001 par value, 2,100,000,000 shares authorized 321,127,160 and 317,676,034 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively class b shares, 0.0001 par value, 200,000,000 shares authorized 43,881,251 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively	36	37
Additional paid-in capital	586,200	585,688
Accumulated deficit	-354,874	-333,954
Accumulated other comprehensive loss	-3,161	-2,544
Total stockholders' equity	228,201	249,227
Total liabilities and stockholders' equity	288,767	290,460

Unit: Thousand (K) dollars