Aduro Clean Technologies Inc

ADUR

Aduro Clean Technologies Inc

@david
6 months ago

Aduro's "pre-Scale Up" Balance Sheet

Understand The Balance Sheet

Looking at Aduro's balance sheet from their annual report...

  • Large growth in Total Assets from 2024-2025, namely due to Cash and Cash eq growing from $2.8M -> $6.9M, and Deposits and Prepaid exp surging from $341K -> $1.1M.

  • The other big thing that jumps out at me is the "Accumulated Deficit" part of the equation of $35M... that means Aduro has accumulated $35M in losses since its inception.