UPB: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, UPB has $391,195K in assets. $12,611K in debts. $72,164K 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	72,164	45,458
Short-term investments	300,263	348,123
Accounts receivable	683	937
Prepaid expenses and other current assets	15,907	23,754
Total current assets	389,017	418,272
Property and equipment, gross	903	-
Less accumulated depreciation and amortization	287	-
Property and equipment, net	616	544
Operating lease right-of-use assets	1,368	1,511
Restricted cash	194	194
Total assets	391,195	420,521

Accounts payable	3,952	2,551
Accrued expenses and other current liabilities	7,240	7,666
Operating lease liabilities, current portion	716	712
Total current liabilities	11,908	10,929
Operating lease liabilities, net of current portion	703	849
Total liabilities	12,611	11,778
Common stock, 0.001 par value 500,000,000 shares authorized at september 30, 2025 and december 31, 2024 53,999,522 and 53,603,398 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively	56	54
Additional paid-in capital	669,799	666,447
Accumulated other comprehensive income	493	258
Accumulated deficit	-291,764	-258,016
Total stockholders' deficit	378,584	408,743
Total liabilities, redeemable convertible preferred stock and stockholders' deficit	391,195	420,521

Unit: Thousand (K) dollars