Harvard Apparatus Regenerative Technology, Inc. (HRGN)
Harvard Apparatus Regenerative Technology Inc., a biotechnology firm currently conducting clinical trials, is dedicated to developing regenerative medical therapies. Its core mission involves addressing conditions affecting the gastrointestinal system and various other organs, which may stem from cancer, trauma, or congenital defects. The company's primary experimental therapy, the Cellspan Esophageal Implant, aims to treat severe esophageal disease. Beyond this, its development pipeline encompasses organ-regeneration technologies designed for the repair or replacement of damaged or diseased organs. This includes product candidates targeting diverse esophageal ailments—such as those caused by traumatic injury, caustic burns, or tissue damage from chemoradiation therapy, as well as birth defects—and solutions for colon and uterine wound reconstruction. Additionally, the company offers consumer health products, including dietary supplements, focusing on personal wellness. Founded in 2009 and headquartered in Holliston, Massachusetts, the company operated as Biostage, Inc. until its rebranding to Harvard Apparatus Regenerative Technology Inc. in July 2023.
Sector: Surgical & Medical Instruments & Apparatus
Industry: Biotechnology
Harvard Apparatus Regenerative Technology Inc.
OTC:HRGNHealthcare · Biotechnology
-0.41%$1.96
Mkt Cap$34.49M
Float5.56M
O/S17.58M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$704K
Net Income-$6.87M
Total Assets$2.68M
Free Cash Flow-$3.83M
Debt & Equity
Debt 16%
Equity 84%
Total Debt$199K
Total Equity$1.06M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in HRGN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.68M
Liabilities$1.62M
Accounts Receivable$16K
Accounts Payable$454K
Inventory$16K
PP&E (Net)$201K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
| Revenue | $704K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $82K | $118K | $93K | $22K | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | -30.5% | 26.9% | 322.7% | - | - | - | - | - |
| Cost of Revenue | $646K | $270K | $24K | $0 | $0 | $0 | $0 | $0 | $0 | $116K | $139K | $48K | $11K | $0 | $0 | $0 | $0 |
| Gross Profit | $58K | -$270K | -$24K | $0 | $0 | $0 | $0 | $0 | $0 | -$34K | -$21K | $45K | $11K | $0 | $0 | $0 | $0 |
| Gross Margin | 8.2% | - | - | - | - | - | - | - | - | -41.5% | -17.8% | 48.4% | 50.0% | - | - | - | - |
| Research and Development | $2.65M | $2.31M | $3.06M | $1.74M | $1.59M | $2.07M | $4.85M | $3.92M | $7.59M | $7.6M | $4.79M | $5.12M | $4.56M | $4.03M | $2.29M | $727K | $390K |
| Selling, General, and Administrative | $4.32M | $5.58M | $6.01M | $4.41M | $7.04M | $3.26M | $4.02M | $3.92M | $3.88M | $4.49M | $6.89M | $5.98M | $4.27M | $2.69M | $1.47M | $625K | $190K |
| Other | $0 | $0 | $0 | $0 | -$165K | -$447K | -$473K | -$401K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $6.97M | $7.89M | $9.07M | $6.15M | $8.47M | $4.88M | $8.4M | $7.44M | $11.47M | $12.09M | $11.68M | $11.1M | $8.83M | $6.71M | $3.75M | $1.35M | $580K |
| Operating Income (EBIT) | -$7.62M | -$8.16M | -$9.09M | -$6.15M | -$8.64M | -$5.33M | -$8.87M | -$7.84M | -$11.47M | -$12.13M | -$11.7M | -$11.06M | -$8.82M | -$6.71M | -$3.75M | -$1.35M | -$580K |
| Operating Margin | -1082.2% | - | - | - | - | - | - | - | - | -14787.8% | -9916.1% | -11889.2% | -40077.3% | - | - | - | - |
| Interest Expense | $8K | $38K | $14K | $100K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $37K | $32K | $64K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $46K | $424K | $71K | $80K | $658K | $13K | $65K | -$89K | -$448K | $547K | -$3K | -$4K | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | -$6.87M | -$7.73M | -$9.02M | -$6.07M | -$7.98M | -$4.87M | -$8.33M | -$7.53M | -$11.92M | -$11.58M | -$11.7M | -$11.06M | -$8.82M | -$6.71M | -$3.75M | -$1.35M | -$580K |
| Income Tax Expense | $0 | $0 | $0 | $6.25M | -$530K | -$16K | -$65K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$6.87M | -$7.73M | -$9.02M | -$6.07M | -$7.98M | -$4.87M | -$8.33M | -$7.53M | -$11.92M | -$11.58M | -$11.7M | -$11.06M | -$8.82M | -$6.71M | -$3.75M | -$1.35M | -$580K |
| Net Income Margin | -975.7% | - | - | - | - | - | - | - | - | -14120.7% | -9918.6% | -11893.5% | -40077.3% | - | - | - | - |
| Supplementary Data | |||||||||||||||||
| EPS | -0.42 | -0.52 | -0.67 | -0.55 | -0.74 | -0.55 | -1.20 | -1.69 | -6.63 | -14.49 | -20.99 | -28.29 | -22.78 | -17.35 | -9.69 | -3.49 | -1.49 |
| Diluted EPS | -0.42 | -0.52 | -0.67 | -0.55 | -0.74 | -0.55 | -1.20 | -1.69 | -6.63 | -14.49 | -21.00 | -28.29 | -22.78 | -17.35 | -9.69 | -3.49 | -1.49 |
| Weighted Average OS | 16.52M | 14.79M | 13.46M | 11.35M | 10.06M | 8.79M | 6.90M | 4.46M | 1.80M | 799,000 | 557,700 | 391,050 | 387,000 | 387,000 | 387,000 | 387,000 | 390,000 |
| EBITDA | -$6.76M | -$8.16M | -$9.09M | -$5.92M | -$8.53M | -$4.71M | -$8.15M | -$7.1M | -$10.72M | -$12.13M | -$11.7M | -$11.06M | -$8.82M | -$6.65M | -$3.73M | -$1.35M | -$580K |
| EBITDA Margin | -959.9% | - | - | - | - | - | - | - | - | -14787.8% | -9916.1% | -11889.2% | -40077.3% | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 |
| Assets | ||||||||||||||||
| Current Assets | ||||||||||||||||
| Cash and Cash Equivalents | $1.35M | $2.49M | $432K | $1.24M | $1.24M | $1.03M | $913K | $1.3M | $4.04M | $2.94M | $7.46M | $5.27M | $14.01M | $0 | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.35M | $2.49M | $432K | $1.24M | $1.24M | $1.03M | $913K | $1.3M | $4.04M | $2.94M | $7.46M | $5.27M | $14.01M | $0 | $0 | $0 |
| Accounts Receivable | $16K | $231K | $4K | $0 | $0 | $77K | $0 | $0 | $0 | $42K | $21K | $32K | $22K | $0 | $0 | $0 |
| Inventory | $16K | $80K | $50K | $0 | $0 | $550K | $0 | $0 | $0 | $291K | $75K | $207K | $38K | $0 | $0 | $0 |
| Other Current Assets | $445K | $437K | $8K | $353K | $50K | $24K | $494K | $849K | $375K | $212K | $513K | $556K | $481K | $0 | $0 | $0 |
| Total Current Assets | $1.83M | $3.23M | $783K | $1.59M | $1.29M | $1.68M | $1.41M | $2.15M | $4.41M | $3.49M | $7.97M | $5.83M | $14.49M | $0 | $0 | $0 |
| Long-Term Assets | ||||||||||||||||
| Property, Plant & Equipment Net | $201K | $304K | $73K | $196K | $279K | $399K | $585K | $479K | $632K | $1.06M | $1.07M | $1.38M | $575K | $438K | $187K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $647K | $904K | $1.76M | $610K | $295K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $848K | $1.21M | $1.83M | $806K | $574K | $399K | $585K | $479K | $632K | $1.06M | $1.07M | $1.38M | $575K | $438K | $187K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.68M | $4.44M | $2.61M | $2.4M | $1.87M | $2.08M | $1.99M | $2.63M | $5.04M | $4.55M | $9.04M | $7.2M | $15.06M | $438K | $187K | $0 |
| Liabilities | ||||||||||||||||
| Current Liabilities | ||||||||||||||||
| Accounts Payable | $454K | $452K | $445K | $682K | $676K | $31K | $241K | $160K | $923K | $962K | $357K | $370K | $244K | $179K | $49K | $50K |
| Short-Term Debt | $113K | $95K | $0 | $99K | $110K | $391K | $102K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $252K | $0 | $0 | $0 | $2.46M | $292K | $438K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $532K | $474K | $1K | $582K | $2K | $42K | $33K | $502K | $699K | $1.81M | $297K | $340K | $251K | $232K | $116K | $220K |
| Total Current Liabilities | $1.53M | $1.02M | $968K | $1.36M | $3.25M | $756K | $814K | $662K | $1.62M | $2.78M | $654K | $710K | $495K | $411K | $165K | $270K |
| Long-Term Liabilities | ||||||||||||||||
| Long-Term Debt | $86K | $199K | $0 | $48K | $59K | $195K | $89K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $1.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $86K | $199K | $0 | $48K | $1.65M | $195K | $89K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.62M | $1.22M | $968K | $1.41M | $4.89M | $951K | $903K | $662K | $1.62M | $2.78M | $654K | $710K | $495K | $411K | $165K | $270K |
| Stockholders' Equity | ||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $4.18M | $0 | $0 | $0 | $0 | $1.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $176K | $159K | $139K | $122K | $108K | $94K | $82K | $57K | $25K | $171K | $141K | $79K | $77K | $0 | $0 | $0 |
| Retained Earnings | -$106.56M | -$99.69M | -$91.96M | -$83.01M | -$76.94M | -$68.96M | -$64.09M | -$55.76M | -$48.23M | -$36.32M | -$24.74M | -$13.04M | -$1.97M | -$12.4M | -$5.68M | -$1.93M |
| Comprehensive Income & Other | -$12K | -$6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$8K | $1K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $107.44M | $102.75M | $93.46M | $83.88M | $73.8M | $69.99M | $65.1M | $57.68M | $51.63M | $37.92M | $32.99M | $19.45M | $16.47M | $12.43M | $5.71M | $1.66M |
| Total Equity | $1.06M | $3.22M | $1.65M | $989K | -$3.03M | $1.13M | $1.09M | $1.97M | $3.42M | $1.77M | $8.39M | $6.49M | $14.57M | $27K | $22K | -$270K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.68M | $4.44M | $2.61M | $2.4M | $1.87M | $2.08M | $1.99M | $2.63M | $5.04M | $4.55M | $9.04M | $7.2M | $15.06M | $438K | $187K | $0 |
| Supplementary Data | ||||||||||||||||
| Total Debt | $199K | $294K | $48K | $147K | $169K | $586K | $191K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$1.15M | -$2.19M | -$384K | -$1.09M | -$1.07M | -$440K | -$722K | -$1.3M | -$4.04M | -$2.94M | -$7.46M | -$5.27M | -$14.01M | $0 | $0 | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
| Operating Activities | |||||||||||||||||
| Net Income | -$6.87M | -$7.73M | -$9.02M | -$6.07M | -$7.98M | -$4.87M | -$8.33M | -$7.53M | -$11.92M | -$11.58M | -$11.7M | -$11.06M | -$8.82M | -$6.71M | -$3.75M | -$1.35M | -$580K |
| Depreciation & Amortization | $103K | $167K | $134K | $52K | $107K | $184K | $311K | $261K | $413K | $454K | $478K | $363K | $158K | $59K | $21K | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.44M | -$2.93M | -$1.53M | -$511K | $0 | $0 | $0 |
| Stock-Based Compensation | $2.01M | $2.4M | $3.46M | $1.03M | $980K | $1.14M | $1.65M | $755K | $693K | $1.33M | $3.97M | $2.56M | $1.37M | $511K | $261K | $105K | $0 |
| Changes in Working Capital: | |||||||||||||||||
| Accounts Receivable | $215K | -$227K | -$4K | $0 | $0 | $0 | $0 | $0 | $42K | -$21K | -$16K | -$5K | $0 | $0 | $0 | $0 | $0 |
| Inventory | $64K | -$30K | -$50K | $0 | $0 | $0 | $0 | $0 | $0 | $75K | $132K | -$169K | -$38K | $0 | $0 | $0 | $0 |
| Accounts Payable | $2K | $7K | -$237K | $6K | $645K | -$210K | $81K | -$763K | -$43K | $472K | -$13K | $126K | $65K | $130K | -$3K | $46K | $0 |
| Other Working Capital | $647K | $561K | -$1.3M | -$120K | $4.04M | -$278K | $292K | -$451K | -$700K | $1.52M | -$58K | $376K | -$424K | $116K | -$101K | $153K | $0 |
| Total Working Capital Change | $928K | $311K | -$1.59M | -$114K | $4.69M | -$488K | $373K | -$1.21M | -$701K | $1.29M | $74K | $140K | -$397K | $246K | -$104K | $199K | $70K |
| Other Non-Cash Items | $0 | $311K | -$1.51M | -$2K | -$423K | -$16K | -$65K | $89K | $497K | -$547K | $4.44M | $2.93M | $1.53M | $511K | $0 | $0 | $30K |
| Net Cash from Operating | -$3.83M | -$4.85M | -$6.94M | -$5.11M | -$2.63M | -$4.04M | -$6.06M | -$7.64M | -$11.01M | -$9.06M | -$7.19M | -$7.99M | -$7.69M | -$5.9M | -$3.57M | -$1.05M | -$480K |
| Investing Activities | |||||||||||||||||
| Capital Expenditures | $0 | $0 | -$11K | -$5K | $0 | -$7K | -$129K | -$131K | -$136K | -$302K | -$176K | -$1.16M | -$295K | -$310K | -$207K | -$1K | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | -$2.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $2.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $64K | $0 | $0 | $1K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | -$11K | -$5K | $0 | -$7K | -$129K | -$67K | -$136K | -$302K | -$175K | -$1.16M | -$295K | -$310K | -$207K | -$1K | $0 |
| Financing Activities | |||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $2.7M | $6.48M | $5.99M | $5.06M | $2.84M | $1.06M | $1.81M | $5.32M | $6.8M | $4.84M | $9.55M | $418K | $3K | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | -$42K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $6.91M | $6.14M | $5.06M | $2.84M | $4.16M | $5.8M | $5.02M | $12.25M | $4.84M | $9.55M | $418K | $21.99M | $6.21M | $3.78M | $1.05M | $480K |
| Net Cash from Financing | $2.7M | $6.91M | $6.14M | $5.06M | $2.84M | $4.16M | $5.8M | $5.02M | $12.25M | $4.84M | $9.55M | $418K | $21.99M | $6.21M | $3.78M | $1.05M | $480K |
| Forex Effect | -$6K | -$6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$9K | $1K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.13M | $2.05M | -$809K | -$51K | $216K | $113K | -$392K | -$2.68M | $1.1M | -$4.51M | $2.18M | -$8.74M | $14.01M | $0 | $0 | $0 | $0 |
| Supplementary Data | |||||||||||||||||
| Operating Cash Flow | -$3.83M | -$4.85M | -$6.94M | -$5.11M | -$2.63M | -$4.04M | -$6.06M | -$7.64M | -$11.01M | -$9.06M | -$7.19M | -$7.99M | -$7.69M | -$5.9M | -$3.57M | -$1.05M | -$480K |
| Capital Expenditure | $0 | $0 | -$11K | -$5K | $0 | -$7K | -$129K | -$131K | -$136K | -$302K | -$176K | -$1.16M | -$295K | -$310K | -$207K | -$1K | $0 |
| Free Cash Flow | -$3.83M | -$4.85M | -$6.95M | -$5.11M | -$2.63M | -$4.05M | -$6.19M | -$7.77M | -$11.15M | -$9.36M | -$7.36M | -$9.16M | -$7.98M | -$6.21M | -$3.78M | -$1.05M | -$480K |
| Cash at Beginning | $2.49M | $432K | $1.24M | $1.29M | $1.08M | $963K | $1.35M | $4.04M | $2.94M | $7.46M | $5.27M | $14.01M | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $1.35M | $2.49M | $432K | $1.24M | $1.29M | $1.08M | $963K | $1.35M | $4.04M | $2.94M | $7.46M | $5.27M | $14.01M | $0 | $0 | $0 | $0 |