Financial Statements — RZLV
Balance Sheet
(in millions USD)| Metric | FY
2025 | FY
2024 |
|---|
| Cash & Equivalents | 111.11 | 9.50 |
| Accounts Receivable | 39.18 | 0.02 |
| Total Current Assets | 174.95 | 13.02 |
| Property, Plant & Equipment | 0.51 | 0.02 |
| Goodwill | 168.40 | -- |
| Intangible Assets | 239.20 | 6.75 |
| Total Non-current Assets | 436.78 | 6.77 |
| Total Assets | 611.73 | 19.79 |
| Accounts Payable | 35.71 | 7.30 |
| Short-term Debt | 102.14 | 37.33 |
| Total Current Liabilities | 262.07 | 57.78 |
| Long-term Debt | 50.09 | -- |
| Total Non-current Liabilities* | 102.85 | 0.00 |
| Total Liabilities | 364.92 | 57.78 |
| Retained Earnings | (359.62) | (232.08) |
| Total Stockholder Equity | 246.82 | (38.00) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 |
|---|
| Total Revenue | 19.42 | 0.19 |
| Research & Development | 11.20 | -- |
| Selling, General & Admin | 90.37 | 131.43 |
| Total Operating Expenses | 133.66 | 138.23 |
| Operating Income | (86.86) | (138.04) |
| Interest Expense | 2.91 | 10.56 |
| Pretax Income | (119.14) | (172.60) |
| Tax Provision | (17.73) | 0.04 |
| Net Income | (101.41) | (172.65) |
| Basic EPS | (0.38) | (1.06) |
| Diluted EPS | (0.38) | (1.06) |
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 |
|---|
| Operating Cash Flow | (63.15) | (21.64) |
| Capital Expenditures | 0.09 | 0.00 |
| Free Cash Flow* | (63.24) | (21.65) |
| Investing Cash Flow | (24.71) | (3.53) |
| Financing Cash Flow | 188.81 | 34.59 |
* Derived from reported values
