VSTM: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, VSTM has $176,852K in assets. $192,378K in debts. $137,706K 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	137,706	164,322
Accounts receivable, net	6,716	2,076
Inventory	1,794	1,168
Grant receivable	200	200
Prepaid expenses and other current assets	7,640	6,507
Total current assets	154,056	174,273
Right-of-use asset, net	-	1,000
Property and equipment, net	20	21
Right-of-use asset, net	730	963
Intangible assets, net	16,705	15,636
Other assets	5,341	5,371
Total assets	176,852	196,264

Accounts payable	9,888	8,047
Note payable	188	467
Vendor financing arrangement, short-term	4,122	2,667
Lease liability, short-term	793	1,044
Accrued expenses, short-term	44,721	38,136
Total current liabilities	59,712	50,361
Long-term debt	78,124	74,274
Vendor financing arrangement, long-term	6,250	6,263
Accrued expenses, long-term	-	7,553
Warrant liability	48,292	21,757
Total liabilities	192,378	160,208
Common stock, 0.0001 par value 300,000 shares authorized, 66,749 and 44,784 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively	7	6
Additional paid-in capital	1,114,004	1,064,324
Accumulated other comprehensive income	2,545	5,290
Accumulated deficit	-1,132,082	-1,033,564
Total stockholders' (deficit)	-15,526	36,056
Total liabilities, convertible preferred stock and stockholders' equity	176,852	196,264

Unit: Thousand (K) dollars