The liquidation basis of accounting requires the Company to estimate net cash flows from operations and to accrue all costs associated with implementing and completing the plan of liquidation. The Company currently estimates that it will have costs in excess of estimated receipts during the liquidation. These amounts can vary significantly due to, among other things, the timing and estimates

for operating expenses, interest earned on cash and cash equivalents and restricted cash and the costs associated with the winding down of operations. These costs are estimated and are anticipated to be paid out over the liquidation period.

At June 30, 2025 and December 31, 2024, the Company accrued the following net receipts/(costs) expected to be incurred during liquidation (in thousands):


	June 30, 2025			December 31, 2024
Interest income	$	558		$	960
General and administrative expenses		(3,738	)		(3,808	)
Total liability for estimated costs in excess of estimated receipts during liquidation	$	(3,180	)	$	(2,848	)

The change in estimated costs and estimated receipts during liquidation for the six months ended June 30, 2025 and 2024 is as follows (in thousands):


	January 1, 2025			Net Change in Working Capital (1)			Remeasurement of Assets and Liabilities			June 30, 2025
Assets:
Estimated inflows of interest income	$	960		$	(1,027	)	$	625		$	558
Liabilities:
General and administrative expenses		(3,808	)		4,992			(4,922	)		(3,738	)
Total liability for estimated costs in excess of estimated receipts during liquidation	$	(2,848	)	$	3,965		$	(4,297	)	$	(3,180	)


	January 1, 2024			Net Change in Working Capital (1)			Remeasurement of Assets and Liabilities			June 30, 2024
Assets:
Estimated inflows of interest income	$	4,750		$	(2,503	)	$	2,288		$	4,535
Liabilities:
General and administrative expenses		(3,268	)		7,052			(7,264	)		(3,480	)
Total asset for estimated receipts in excess of estimated costs during liquidation	$	1,482		$	4,549		$	(4,976	)	$	1,055