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$BLLN
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Balance Sheets

In millions of USD; shares in millions, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Assets
Current assets:
Cash and cash equivalents
Accounts receivable
Inventories
Prepaid expenses and other current assets
Total current assets
Property and equipment, net
Operating lease right-of-use assets, net
Other non-current assets
Total assets
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable
Accrued expenses and other current liabilities
Accrued commissions
Accrued compensation and employee benefits
Common stock warrant liability
Deferred revenue, current
Operating lease liabilities, current
Financing lease liabilities, current
Total current liabilities
Operating lease liabilities, non-current
Financing lease liabilities, non-current
Deferred revenue, non-current
Long-term debt
Other non-current liabilities
Total liabilities
Redeemable convertible preferred stock, $0.00001 par value; 50,000,000 and 29,544,989 shares authorized as of December 31, 2025 and 2024, respectively; 0 and 29,084,235 shares issued and outstanding as of December 31, 2025 and 2024, respectively; aggregate liquidation preference of $0 and $422,458 as of December 31, 2025 and 2024, respectively
Stockholders’ equity:
Common stock value
Common Stock
Common Class A
Outstanding shares of Class B common stock
Total common stock value
Additional paid-in capital
Accumulated other comprehensive loss
Accumulated deficit
Total stockholders’ equity
Total liabilities and stockholders’ equity
Common stock, outstanding (in shares)
Common Stock
Common Class A
Outstanding shares of Class B common stock
Total common stock, outstanding (in shares)
Common stock, issued (in shares)
Common Stock
Common Class A
Outstanding shares of Class B common stock
Total common stock, issued (in shares)

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