Enhanced Group Inc.
For the period ended Jun 30, 2026. Filed Aug 14, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 14, 2026
ENHA$7.75-8.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Statements of Cash Flows
Condensed Consolidated Statements of Cash Flows
| Six Months Ended | ||
|---|---|---|
| June 30, 2026 | June 30, 2025 | |
| Operating Activities | ||
| Net loss | $(78,374,330) | $(6,319,253) |
| Adjustments to reconcile net loss to net cash used in operating activities | ||
| Stock-based compensation expense | 8,511,876 | — |
| Deferred offering cost write off | 4,052,804 | — |
| Shares issued for services in Business Combination | 2,066,232 | — |
| Depreciation expense | 85,868 | 1,193 |
| Changes in operating assets and liabilities | ||
| Accounts payable and accrued expenses | 33,509,793 | (1,033,356) |
| Deposit liabilities | (476,253) | — |
| Other current liabilities | 2,178,699 | 9,589 |
| Deposit assets | 1,957,015 | (145,000) |
| Prepaid expenses and other current assets | (17,496,309) | (19,077) |
| Net cash used in operating activities | (43,984,605) | (7,505,904) |
| Investing Activities | ||
| Purchases of equipment | (5,235,826) | (19,959) |
| Capitalized internal use software | (2,210,008) | — |
| Net cash used in investing activities | (7,445,834) | (19,959) |
| Financing Activities | ||
| Proceeds from issuance of Simple Agreements for Future Equity | 10,341,342 | — |
| Proceeds from issuance of preferred stock and warrants | — | 8,961,743 |
| Proceeds from Warrant exercise | — | 2,333 |
| Proceeds from SPAC transaction | 3,038,332 | — |
| Proceeds from issuance of Private Placement | 24,999,991 | — |
| Stock-subscription deposit of Private Placement | 8,499,950 | — |
| Proceeds from working capital note | 11,750,000 | — |
| Principal repayment of working capital note | (11,750,000) | — |
| Payment of offering costs | (1,096,508) | — |
| Net cash provided by financing activities | 45,783,107 | 8,964,076 |
| (Decrease) Increase in cash and cash equivalents | (5,647,332) | 1,438,213 |
| Cash and cash equivalents, at beginning of period | 25,253,578 | 4,018,226 |
| Cash and cash equivalents, at end of period | $19,606,246 | $5,456,439 |
| Supplemental disclosures of non-cash activities: | ||
| Conversion of Simple Agreements for Future Equity to common stock | $40,002,009 | $— |
| Offering costs included in accounts payable and accrued expenses | 4,071,580 | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.