ADVM: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

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

Cash Flow	2025-09-30	2025-06-30
Net loss	-143,862	-96,210
Depreciation and amortization	1,683	1,218
Stock-based compensation expense	7,550	5,201
Net accretion of discount on marketable securities	544	528
Non-cash lease expense	165	82
Non-cash sublease loss	982	982
Loss on disposal of property and equipment	-8	-
Other	-13	-12
Prepaid expenses and other current assets	-2,703	-1,568
Deposit and other long-term assets	676	125
Accounts payable	10,842	3,103
Accrued expenses and other liabilities	10,815	3,625
Lease liability	668	-466
Net cash used in operating activities	-109,653	-81,538
Purchases of marketable securities	1,976	1,976
Maturities of marketable securities	67,500	65,500
Purchases of property and equipment	482	340
Net cash provided by (used in) investing activities	65,042	63,184
Proceeds from issuance of common stock and pre-funded warrants in private placements, net of issuance costs	9,899	0
Proceeds from issuance of common stock pursuant to option exercises	0	0
Proceeds from employee stock purchase plan	120	120
Net cash provided by financing activities	10,019	120
Net (decrease) increase in cash and cash equivalents and restricted cash	-34,592	-18,234
Cash and cash equivalents at beginning of period	62,628	-
Cash and cash equivalents at end of period	28,036	-

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

ADVM: the cashflow