XZO: the balance sheet

MyFinsight

For the year ending 2025-12-31, XZO has $347,734K in assets. $93,578K in debts. $305,372K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	305,372
Accounts receivable	2,906
Receivable from related parties-Related Party	11,295
Prepaid expense	1,483
Current contract cost assets	4,722
Income taxes receivable	0
Other current assets	43
Total current assets	325,821
Property and equipment, gross	24,609
Accumulated depreciation and amortization	13,947
Property and equipment, net	10,662
Operating lease right-of-use assets	6,884
Non-current contract cost assets	1,118
Deferred income taxes, net	2,975
Other assets	274
Total non-current assets	21,913
Total assets	347,734

Current contract liabilities	70,893
Commissions payable	4,605
Accounts payable and accrued liabilities	2,950
Operating lease liabilities	2,413
Income taxes payable	2,455
Payable to related parties-Related Party	1,073
Total current liabilities	84,389
Non-current contract liabilities	3,567
Operating lease liabilities	4,832
Deferred income taxes, net	0
Other liabilities	790
Total non-current liabilities	9,189
Total liabilities	93,578
Common stock (0.001 par value, 184,000,000 shares authorized, 90,926,720 and 82,810,089 shares issued and outstanding as of december 31, 2025 and 2024, respectively)	91
Additional paid-in capital	228,647
Retained earnings (accumulated deficit)	25,418
Total stockholders equity	254,156
Total liabilities and stockholders' equity	347,734

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