ARCT: the cash flow

MyFinsight

For the quarter ending 2026-03-31, ARCT had -$19,391K decrease in cash & cash equivalents over the period. -$19,441K in free cash flow.

Cash Flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	2,061	7,196	17,152	-
Total research and development	21,527	24,476	87,736	-
General and administrative	9,465	14,027	10,398	-
Other	-1,967	-2,228	-3,063	-
Net loss	-26,964	-29,079	-13,448	-23,256
Depreciation and amortization	658	682	763	1,580
Share-based compensation expense	4,325	6,817	5,729	12,862
Gain on sale of equipment	34	-	-	-
Foreign currency transaction loss	-1	-63	-170	-149
Impairment of right-of-use assets	-	1,897	-	-
Accounts receivable	-4,221	-2,387	-9,253	13,230
Prepaid expense and other assets	-809	-916	57	-4,145
Right-of-use assets	-658	-861	-955	-1,880
Accounts payable	-142	-1,343	-5,045	3,429
Accrued liabilities	-1,233	4,453	-5,417	-14,301
Deferred revenue	-636	-2,800	-8,986	-12,086
Lease liabilities	-1,104	-1,081	-1,068	-2,065
Net cash used in operating activities	-19,441	-16,227	-17,151	-40,893
Acquisition of property and equipment	0	-88	181	137
Proceeds from sale of equipment	34	-	-	-
Proceeds from issuance of common stock under equity plans	-	0	585	-
Net cash used in investing activities	34	88	-181	-137
Proceeds from issuance of common stock, net of issuance costs	-	11,688	-	-
Payments on debt obligations	-	0	0	15,000
Proceeds from exercise of stock options	16	0	640	469
Proceeds from debt	0	0	0	15,000
Net cash provided by financing activities	16	11,688	1,225	469
Net decrease in cash, cash equivalents and restricted cash	-19,391	-4,451	-16,107	-40,561
Cash, cash equivalents and restricted cash at beginning of the period	232,794	237,245	293,913	-
Cash, cash equivalents and restricted cash at end of the period	213,403	232,794	237,245	-

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.