UPB: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, UPB has $318,054K in assets. $14,059K in debts. $96,724K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	96,724	101,578	72,164	45,458
Short-term investments	197,855	239,931	300,263	348,123
Accounts receivable	1,034	668	683	937
Prepaid expenses and other current assets	20,666	9,620	15,907	23,754
Total current assets	316,279	351,797	389,017	418,272
Property and equipment, gross	903	903	903	-
Less accumulated depreciation and amortization	393	344	287	-
Property and equipment, net	510	559	616	544
Operating lease right-of-use assets	1,071	1,222	1,368	1,511
Restricted cash	194	194	194	194
Total assets	318,054	353,772	391,195	420,521

Accounts payable	1,710	2,726	3,952	2,551
Accrued expenses and other current liabilities	11,235	10,006	7,240	7,666
Operating lease liabilities, current portion	724	720	716	712
Total current liabilities	13,669	13,452	11,908	10,929
Operating lease liabilities, net of current portion	390	549	703	849
Total liabilities	14,059	14,001	12,611	11,778
Common stock, 0.001 par value 500,000,000 shares authorized at march 31, 2026 and december 31, 2025 54,419,986 and 54,237,750 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively	54	54	56	54
Additional paid-in capital	678,655	673,410	669,799	666,447
Accumulated other comprehensive income	100	530	493	258
Accumulated deficit	-374,814	-334,223	-291,764	-258,016
Total stockholders' deficit	303,995	339,771	378,584	408,743
Total liabilities, redeemable convertible preferred stock and stockholders' deficit	318,054	353,772	391,195	420,521

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