VANI: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Net loss	-19,976	-13,446
Depreciation and amortization	309	204
Stock-based compensation	1,017	741
Non-cash lease expense	153	114
Fixed assets write-off	0	0
R&d tax credit incentive receivable	411	241
Prepaid expenses and other assets	-1,062	-412
Accounts payable	174	933
Accrued compensation expenses	14	13
Accrued expenses	57	20
Net cash used in operating activities	-17,601	-11,250
Purchases of property and equipment	899	76
Net cash used in investing activities	-899	-76
Issuance of common stock and warrants in connection with the securities purchase agreement, net of issuance costs	0	0
Issuance of common stock in connection with the 2025 private sales transaction, net of issuance costs	2,593	-
Gross proceeds from insurance premium loan	355	-
Issuance of common stock and warrants in connection with the sales agreement, net of issuance costs	-	0
Payments on insurancepremiumloan	-237	-237
Net issuance costs in connection with the sales agreement	-	28
Net proceeds from issuance of common stock in connection with the sales agreement, net of issuance costs	-28	-
Net cash provided by financing activities	2,683	-265
Effect of exchange rate changes on cash and cash equivalents	93	33
Net decrease increase in cash, cash equivalents and restricted cash	-15,724	-11,558
Cash and cash equivalents at beginning of period	19,690	-
Cash and cash equivalents at end of period	3,966	-

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

VANI: the cashflow