XLO: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, XLO has $133,694K in assets. $141,789K in debts. $103,764K 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	103,764	121,551
License agreement receivable	17,500	-
Prepaid expenses and other current assets	2,825	2,165
Total current assets	124,089	123,716
Restricted cash	1,801	1,794
Property and equipment	12,139	-
Less accumulated depreciation	8,460	-
Property and equipment, net	3,679	4,018
Operating lease right-of-use asset	4,125	4,285
Total assets	133,694	133,813

Accounts payable	2,300	4,097
Accrued expenses	8,952	5,621
Deferred revenue, current portion	43,846	42,278
Operating lease liability, current portion	1,303	1,264
Total current liabilities	56,401	53,260
Deferred revenue, net of current portion	25,498	28,632
Operating lease liability, net of current portion	5,960	6,302
Common stock warrant liabilities	53,930	38,550
Total liabilities	141,789	126,744
Common stock, 0.0001 par value 600,000,000 shares authorized at september 30, 2025 and 200,000,000 shares authorized at december 31, 2024 51,829,013 shares issued and outstanding at september 30, 2025 45,756,773 shares issued and outstanding at december 31, 2024	5	5
Additional paid-in capital	421,049	419,926
Accumulated deficit	-429,149	-412,862
Total stockholders' (deficit) equity	-8,095	7,069
Total liabilities and stockholders' (deficit) equity	133,694	133,813