v3.25.4
Cash and cash equivalents and short-term financial assets
12 Months Ended
Dec. 31, 2025
Cash and cash equivalents and short-term financial assets  
Cash and cash equivalents and short-term financial assets

7.Cash and cash equivalents and short-term financial assets

The Company’s cash and cash equivalents are maintained in the following respective currencies as of December 31, 2025 and 2024:

  ​ ​ ​

As of

December 31, 

In CHF thousands

2025

  ​ ​ ​

2024

Cash and cash equivalents

 

26,795

 

36,275

Total

 

26,795

 

36,275

By currency

 

  ​

 

  ​

CHF

 

21,815

 

20,798

EUR

 

3,632

 

7,308

USD

 

1,221

 

8,169

Other

127

Total cash and cash equivalents

 

26,795

 

36,275

As of December 31, 2025 and 2024, the Company’s funds were predominantly held in CHF, EUR and USD currencies. Funds held in EUR and USD were translated into CHF at a rate of 0.940 and 0.800 and 0.949 and 0.912, respectively, for each currency and year.

The following table summarizes the Company’s short-term financial assets as of December 31, 2025 and 2024:

  ​ ​ ​

As of

December 31, 

In CHF thousands

2025

  ​ ​ ​

2024

Short-term financial assets due in one year or less

 

64,617

 

129,214

Total

64,617

129,214

By currency

CHF

37,068

95,006

EUR

17,384

18,705

USD

10,165

15,503

Total short-term financial assets

 

64,617

 

129,214