v3.25.1
Consolidated Balance Sheets
$ in Millions
Dec. 31, 2024
GBP (£)
Dec. 31, 2023
GBP (£)
Current assets:    
Cash and cash equivalents £ 1,200,000 £ 2,462,609
Corporation tax receivable 651,971 1,043,593
Prepaid expenses and other current assets 3,907,040 2,194,725
Total current assets 5,774,651 5,700,927
Non-current assets:    
Property and equipment, net 954,808 1,274,798
Operating lease right of use assets 1,132,816 1,340,769
Intangible assets, net 466,262 615,170
Total assets 8,328,537 8,931,664
Current liabilities:    
Accounts payable and accrued liabilities 3,819,431 4,431,840
Derivative liability 13,437
Current portion of operating lease liability 328,464 305,324
Total current liabilities 4,147,895 4,750,601
Non-current operating lease liability 1,171,019 1,495,833
Total liabilities 5,318,914 6,246,434
Shareholders’ Equity:    
Ordinary shares, £0.0001 par value, 2,550,807,451 (including 559,329,010 shares declared as a stock dividend on December 30, 2024 and issued on January 3, 2025) and 20,570,088 authorized, issued, and outstanding as of December 31, 2024 and 2023, respectively 255,082 2,057
Deferred shares, £0.0001 par value, 794,955 authorized, issued, and outstanding as of December 31, 2024 and 2023, respectively 397,398 397,398
Additional paid-in capital 54,916,172 42,690,774
Accumulated deficit (52,559,029) (40,404,999)
Total shareholders’ equity 3,009,623 2,685,230
Total liabilities and shareholders’ equity £ 8,328,537 £ 8,931,664

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