AVBP: the cash flow

MyFinsight

For the year ending 2025-12-31, AVBP had -$28,753K decrease in cash & cash equivalents over the period.

Cash Flow	2025-12-31
Net loss	-166,308
Stock-based compensation expense	12,520
Amortization/accretion of bond discounts/premiums	-3,026
Prepaid expenses and other current assets	12,561
Accounts payable	2,141
Accrued expenses	6,667
Operating lease liabilities	-21
Net cash used in operating activities	-160,588
Purchase of short-term and long-term investments	272,934
Sales and maturities of short-term and long-term investments	201,706
Net cash used in investing activities	-71,228
Proceeds from issuance of common stock, net of issuance costs	202,631
Proceeds from the exercise of stock options	502
Payment of deferred financing costs	70
Net cash provided by financing activities	203,063
Net decrease in cash and cash equivalents	-28,753
Cash and cash equivalents at beginning of the year	74,293
Cash and cash equivalents at end of the year	45,540

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