VOR: the balance sheet

MyFinsight

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	169,873	396,486	160,462	190,574
Restricted cash equivalents	NaN	NaN	NaN	2,413
Marketable securities	321,652	58,722	10,000	9,991
Prepaid expenses	6,394	1,152	747	1,500
Other current assets	2,859	1,745	1,277	449
Total current assets	500,778	458,105	172,486	204,927
Restricted cash	168	168	168	0
Property and equipment, net	565	533	271	0
Operating lease right-of-use assets	2,827	2,936	3,043	24
Other assets	2,408	2,384	269	420
Total assets	506,746	464,126	176,237	205,371

Accounts payable	1,043	5,127	885	669
Accrued liabilities	14,727	19,764	17,702	58,104
Operating lease liabilities	307	280	252	0
Total current liabilities	16,077	25,171	18,839	58,773
Operating lease liabilities, less current portion	2,632	2,720	2,807	0
Warrant liabilities	638,461	600,547	2,380,078	1,652,298
Total liabilities	657,170	628,438	2,401,724	1,711,071
Common stock, 0.0001 par value 800,000,000 and 400,000,000 shares authorized as of march 31, 2026 and december 31, 2025, respectively 54,185,582and 38,720,196 shares issued and outstanding as of march 31, 2025 and december 31, 2025, respectively	19	18	15	13
Additional paid-in capital	1,222,823	988,604	650,319	557,422
Accumulated other comprehensive (loss) income	-706	41	12	14
Accumulated deficit	-1,372,560	-1,152,975	-2,875,833	-2,063,149
Total stockholders' deficit	-150,424	-164,312	-2,225,487	-1,505,700
Total liabilities and stockholders' equity (deficit)	506,746	464,126	176,237	205,371

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