WVE: the balance sheet

MyFinsight

For the year ending 2025-12-31, WVE has $638,499K in assets. $112,268K in debts. $602,068K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	602,068
Accounts receivable	1,276
Prepaid expenses	8,395
Other current assets	3,075
Total current assets	614,814
Property and equipment gross	56,927
Less accumulated depreciation	49,522
Property and equipment, net of accumulated depreciation of 49,522 and 46,329 as of december 31, 2025 and 2024 respectively	7,405
Operating lease right-of-use assets	12,458
Restricted cash	3,806
Other assets	16
Total long-term assets	23,685
Total assets	638,499

Accounts payable	15,700
Accrued expenses and other current liabilities	26,564
Current portion of deferred revenue	44,440
Current portion of operating lease liability	8,361
Total current liabilities	95,065
Deferred revenue, net of current portion	7,798
Operating lease liability, net of current portion	9,405
Total long-term liabilities	17,203
Total liabilities	112,268
Series a preferred shares, no par value 3,901,348 shares issued and outstanding at december 31, 2025 and 2024	7,874
Ordinary shares, no par value 187,660,263 and 153,037,286 shares issued and outstanding at december 31, 2025 and 2024, respectively	1,616,478
Additional paid-in capital	228,365
Accumulated other comprehensive loss	-250
Accumulated deficit	-1,326,236
Total shareholders' equity	518,357
Total liabilities, series a preferred shares and shareholders' equity	638,499

Unit: Thousand (K) dollars (except for numbers of shares and EPS).