Ac

As of June 30, 2025 the company reported approximately 2.45 million in cash and restricted cash, no bank borrowings, and lease liabilities of about 0.27 million. Operating cash flow was about 1.54 million with minimal capex (about 23 thousand), supporting strong FCF generation for size.

Balance sheet flexibility is high, but absolute scale is very small and access to capital markets may be limited. Contract liabilities (~0.56 million) reflect upfront collections that convert to revenue within a year.