VLDXW: the balance sheet

MyFinsight

Balance Sheets	2026-03-31	2025-12-31	2025-09-30
Cash and cash equivalents	16,564	39,013	11,842
Accounts receivable, net	6,732	6,263	6,672
Inventories, net	28,104	27,083	35,386
Contract assets	4,120	2,039	3,438
Prepaid expenses and other current assets	9,650	5,722	1,829
Total current assets	65,170	80,120	59,167
Total property, plant and equipment	29,507	26,254	26,945
Less accumulated depreciation and amortization	13,120	13,160	14,526
Property and equipment, net	16,387	13,094	12,419
Equipment subject to operating lease, net	1,054	1,629	3,020
Other assets	9,793	10,505	19,293
Total assets	92,404	105,348	93,899

Accounts payable	9,089	10,301	11,341
Accrued expenses and other current liabilities	6,655	7,915	12,684
Debtcurrent portion	3,135	6,305	5,314
Contract liabilities	7,739	9,281	8,228
Total current liabilities	26,618	33,802	37,567
Long-term debtless current portion	6,037	24,710	17,702
Contingent earnout liabilities (note 10)	1	1	11
Warrant liabilities (note 10)	109	109	13
Other noncurrent liabilities	8,099	8,570	8,450
Total liabilities	40,864	67,192	63,743
Common stock, 0.00001 par value - 500,000,000 shares authorized at march 31, 2026 and december 31, 2025, respectively, 26,216,822 and 24,607,630 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively	5	5	5
Additional paid-in capital	556,676	536,294	511,477
Accumulated other comprehensive loss	NaN	0	0
Accumulated deficit	-505,141	-498,143	-481,326
Total stockholders equity	51,540	38,156	30,156
Total liabilities and stockholders equity	92,404	105,348	93,899

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