SPCE: the balance sheet

MyFinsight

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	124,837	144,727	128,789	163,547
Restricted cash	30,634	30,988	30,005	30,180
Marketable securities	95,054	162,313	264,777	305,788
Other current assets	32,931	34,870	35,412	33,280
Total current assets	283,456	372,898	458,983	532,795
Marketable securities, long-term	NaN	0	0	8,237
Property, plant and equipment, net	426,713	388,730	350,151	305,878
Other non-current assets	40,060	41,551	44,409	51,907
Total assets	750,229	803,179	853,543	898,817

Accounts payable	17,041	15,163	9,440	10,350
Current portion of long-term debt	117,041	47,830	NaN	NaN
Customer deposits	77,954	78,535	80,198	80,871
Other current liabilities	70,578	67,795	70,374	66,209
Total current liabilities	282,614	209,323	160,012	157,430
Convertible senior notes, net	NaN	NaN	421,841	421,263
Long-term debt	202,695	276,362	NaN	NaN
Other long-term liabilities	41,191	43,530	45,793	56,751
Total liabilities	526,500	529,215	627,646	635,444
Common stock, 0.0001 par value 700,000,000 shares authorized 81,409,340 and 73,326,504 shares issued and outstanding as of march31, 2026 and december31, 2025, respectively	8	7	6	6
Additional paid-in capital	3,040,171	3,025,604	2,914,728	2,888,020
Accumulated deficit	-2,816,494	-2,751,779	-2,689,056	-2,624,639
Accumulated other comprehensive income	44	132	219	-14
Total stockholders equity	223,729	273,964	225,897	263,373
Total liabilities and stockholders equity	750,229	803,179	853,543	898,817

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