SWMR: the balance sheet

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Swarmer, Inc (SWMR)

Balance Sheets	2026-03-31
Cash and cash equivalents	23,472,156
Prepaid expenses and other current assets	795,309
Total current assets	24,267,465
Property and equipment, net	309,457
Operating lease right-of-use asset	115,494
Other assets	234,694
Total assets	24,927,110

Accounts payable	344,253
Accrued expenses and other current liabilities	747,538
Grant advance	182,667
Deferred revenue	2,371
Operating lease liability - current	72,070
Total current liabilities	1,348,899
Operating lease liability - non-current	57,620
Total liabilities	1,406,519
Common stock, 0.00001 par value 200,000,000 and 25,000,000 shares authorized as of march 31, 2026 and december 31, 2025, respectively 11,210,256 and 1,410,975 shares issued as of march 31, 2026 and december 31, 2025, respectively and 10,798,722 and 911,255 shares outstanding as of march 31, 2026 and december 31, 2025, respectively	110
Additional paid-in capital	38,606,840
Accumulated other comprehensive income (loss)	-28,441
Accumulated deficit	-15,057,918
Total shareholders' equity (deficit)	23,520,591
Total liabilities, convertible preferred stock and shareholders' equity (deficit)	24,927,110

Unit: Dollar. Numbers labeled with * are estimated quarterly values.