VSTM: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, VSTM has $227,808K in assets. $146,031K in debts. $165,551K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
303.54%
Quick Ratio
300.12%
Cash Ratio
247.66%
Debt to Asset Ratio
64.10%
Unit: Thousand (K) dollars
Assets Breakdown
Cash and cash equivalents
Short-term investments
Accounts receivable, net
Others
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Long-term debt
Others

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	165,551	204,990	137,706	164,322
Short-term investments	16,127	-	-	-
Accounts receivable, net	10,158	8,813	6,716	2,076
Inventory	2,287	1,833	1,794	1,168
Grant receivable	200	200	200	200
Prepaid expenses and other current assets	8,581	7,577	7,640	6,507
Total current assets	202,904	223,413	154,056	174,273
Right-of-use asset, net	-	-	-	1,000
Property and equipment, net	-	-	20	21
Right-of-use asset, net	2,793	491	730	963
Restricted cash	241	-	-	-
Intangible assets, net	16,146	16,426	16,705	15,636
Other assets	5,724	6,112	5,341	5,371
Total assets	227,808	246,442	176,852	196,264

Accounts payable	9,602	12,448	9,888	8,047
Accrued expenses, short-term	50,954	53,981	44,721	38,136
Note payable	529	-	188	467
Vendor financing arrangement, short-term	5,266	5,304	4,122	2,667
Lease liability, short-term	494	535	793	1,044
Total current liabilities	66,845	72,268	59,712	50,361
Vendor financing arrangement, long-term	-	-	6,250	6,263
Warrant liability	-	35,647	48,292	21,757
Long-term debt	73,120	76,330	78,124	74,274
Vendor financing arrangement, long-term	3,750	5,000	-	-
Accrued expenses, long-term	-	-	-	7,553
Lease liability, long-term	2,316	-	-	-
Total liabilities	146,031	189,245	192,378	160,208
Common stock, 0.0001 par value 300,000 shares authorized, 87,843 and 77,740 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively	9	8	7	6
Additional paid-in capital	1,274,739	1,216,958	1,114,004	1,064,324
Accumulated other comprehensive income	8,618	5,229	2,545	5,290
Accumulated deficit	-1,201,589	-1,164,998	-1,132,082	-1,033,564
Total stockholders' equity	81,777	57,197	-15,526	36,056
Total liabilities, preferred stock and stockholders' equity	227,808	246,442	176,852	196,264

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

MyFinsight

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Current Ratio303.54%Quick Ratio300.12%Cash Ratio247.66%Debt to Asset Ratio64.10%Unit: Thousand (K) dollarsAssets BreakdownCash and cash equivalentsShort-term investmentsAccounts receivable, netOthersLiabilities BreakdownAdditional paid-in capitalAccumulated deficitLong-term debtOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio303.54%Quick Ratio300.12%Cash Ratio247.66%Debt to Asset Ratio64.10%Unit: Thousand (K) dollarsAssets BreakdownCash and cash equivalentsShort-term investmentsAccounts receivable, netOthersLiabilities BreakdownAdditional paid-in capitalAccumulated deficitLong-term debtOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets