XLO: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, XLO has $163,487K in assets. $90,942K in debts. $150,333K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	150,333	137,531	103,764	121,551
License agreement receivable	-	-	17,500	-
Collaboration and license agreement receivable	0	5,000	-	-
Prepaid expenses and other current assets	3,874	2,496	2,825	2,165
Total current assets	154,207	145,027	124,089	123,716
Restricted cash	1,813	1,807	1,801	1,794
Property and equipment	12,777	12,645	12,139	-
Less accumulated depreciation	9,097	8,753	8,460	-
Property and equipment, net	3,680	3,892	3,679	4,018
Operating lease right-of-use asset	3,787	3,959	4,125	4,285
Total assets	163,487	154,685	133,694	133,813

Accounts payable	1,064	3,168	2,300	4,097
Accrued expenses	8,970	11,739	8,952	5,621
Deferred revenue, current portion	31,542	40,023	43,846	42,278
Operating lease liability, current portion	1,384	1,343	1,303	1,264
Total current liabilities	42,960	56,273	56,401	53,260
Deferred revenue, net of current portion	16,468	20,635	25,498	28,632
Operating lease liability, net of current portion	5,254	5,611	5,960	6,302
Common stock warrant liabilities	26,260	29,560	53,930	38,550
Liabilities to issue common stock	-	7,333	-	-
Total liabilities	90,942	119,412	141,789	126,744
Common stock, 0.0001 par value 600,000,000 shares authorized 5,782,536 shares issued and outstanding at march 31, 2026 4,530,641 shares issued and outstanding at december 31, 2025	1	-	5	5
Additional paid-in capital	500,862	454,062	421,049	419,926
Accumulated deficit	-428,318	-418,789	-429,149	-412,862
Total stockholders' equity	72,545	35,273	-8,095	7,069
Total liabilities and stockholders' equity	163,487	154,685	133,694	133,813

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