VANI: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, VANI has $42,353K in assets. $23,268K in debts. $19,749K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	19,749	16,232	2,628	6,794
Receivables	12	-	-	-
R&d tax credit incentive receivable	685	654	664	494
Prepaid expenses and other current assets	1,102	1,012	883	1,427
Total current assets	21,548	17,898	4,175	8,715
Property and equipment, gross	-	5,933	5,676	-
Accumulated depreciation	-	3,054	2,950	-
Property and equipment, net	2,752	2,879	2,726	1,577
Operating lease right-of-use assets, net	16,616	17,230	16,784	17,146
Restricted cash	1,338	1,338	1,338	1,338
Deposits and other assets	99	48	23	129
Total assets	42,353	39,393	25,046	28,905

Accounts payable	1,465	1,032	1,434	1,762
Accrued expenses	1,504	1,736	1,978	1,586
Litigation accrual	1,675	1,675	1,675	1,675
Accrued compensation expense	349	365	357	356
Lease liability, current portion	1,782	1,794	1,386	1,337
Total current liabilities	6,775	6,602	6,830	6,716
Lease liability, noncurrent portion	16,493	17,061	16,907	17,279
Total liabilities	23,268	23,663	23,737	23,995
Common stock, par value 0.0001 per share 300,000 shares authorized shares issued and outstanding 84,648 and 76,428 at march 31, 2026 and december 31, 2025, respectively	8	8	6	6
Additional paid-in capital	174,358	164,225	143,062	140,193
Accumulated other comprehensive income	32	30	141	81
Accumulated deficit	-155,313	-148,533	-141,900	-135,370
Total stockholders' equity	19,085	15,730	1,309	4,910
Total liabilities and stockholders' equity	42,353	39,393	25,046	28,905

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