VANI: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, VANI has $25,046K in assets. $23,737K in debts. $2,628K 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	2,628	6,794
R&d tax credit incentive receivable	664	494
Prepaid expenses and other current assets	883	1,427
Total current assets	4,175	8,715
Total property and equipment	5,676	-
Accumulated depreciation and amortization	2,950	-
Property and equipment, net	2,726	1,577
Operating lease right-of-use assets, net	16,784	17,146
Restricted cash	1,338	1,338
Deposits and other assets	23	129
Total assets	25,046	28,905

Accounts payable	1,434	1,762
Accrued expenses	1,978	1,586
Litigation accrual	1,675	1,675
Accrued compensation expense	357	356
Lease liability, current portion	1,386	1,337
Total current liabilities	6,830	6,716
Lease liability, noncurrent portion	16,907	17,279
Total liabilities	23,737	23,995
Common stock, par value 0.0001 per share 300,000 shares authorized shares issued and outstanding 61,511 and 59,235 at september 30, 2025 and december 31, 2024, respectively	6	6
Additional paid-in capital	143,062	140,193
Accumulated other comprehensive income	141	81
Accumulated deficit	-141,900	-135,370
Total stockholders' equity	1,309	4,910
Total liabilities and stockholders' equity	25,046	28,905

Unit: Thousand (K) dollars