ACAD: the cash flow

MyFinsight

For the year ending 2025-12-31, ACAD had -$142,819K decrease in cash & cash equivalents over the period. $105,146K in free cash flow.

Cash Flow	2025-12-31
Net income (loss)	391,000
Stock-based compensation	52,135
Amortization of premiums and accretion of discounts on investment securities	5,424
Amortization of intangible assets	10,889
Gain on sale of non-financial asset	0
Gain on strategic investment	0
Depreciation	871
Loss on sale of investment securities	0
Deferred income taxes (including benefit from valuation allowance)	-249,879
Accounts receivable, net	22,718
Interest and other receivables	20,818
Inventory	18,197
Prepaid expenses and other current assets	3,845
Operating lease right-of-use assets	-8,667
Other assets	2,856
Accounts payable	-5,289
Accrued liabilities	-19,265
Operating lease liabilities	-6,516
Long-term liabilities	1,081
Net cash provided by operating activities	109,836
Purchases of investment securities	692,565
Sale and maturity of investment securities	493,529
Proceeds from sale of non-financial asset	0
Proceeds from sales of strategic investment	0
Net purchases of property and equipment	4,690
Payment of milestone and contingent payments in connection with asset acquisition	98,838
Net cash (used in) provided by investing activities	-302,564
Proceeds from issuance of common stock, net of issuance costs	49,883
Net cash provided by financing activities	49,883
Effect of exchange rate changes on cash	26
Net (decrease) increase in cash, cash equivalents and restricted cash	-142,819
Beginning of period	328,359
End of period	185,540

Unit: Thousand (K) dollars (except for numbers of shares and EPS).