VIP: the balance sheet

MyFinsight

Balance Sheets	2026-06-30
Cash and cash equivalents	3,197
Digital assets	6,027
Accounts receivable	315
Prepaid expenses and current other assets	2,000
Emissions and carbon offset credits	12,204
Income tax receivable	56
Total current assets	23,799
Property and equipment, net	12,011
Other long-term assets	2,558
Long-term assets held for sale	900
Total assets	39,268

Accounts payable	3,255
Accrued emissions expense	15,150
Accrued expenses	2,429
Current portion of long-term debt	34,752
Contract liabilities	2,523
Related party payables	162
Total current liabilities	58,271
Long-term debt, net of current portion	4,729
Environmental liabilities	31,032
Other long-term liabilities	2,725
Total liabilities	96,757
Common stock, par value 0.0001, 500,000,000 shares authorized, 18,019,743 and 15,801,997 shares issued and outstanding as of june30, 2026 and december31, 2025, respectively	2
Additional paid-in capital	341,441
Accumulated deficit	-398,932
Total stockholders deficit	-57,489
Total liabilities and stockholders deficit	39,268

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