BCAX: the cash flow

MyFinsight

For the year ending 2025-12-31, BCAX had -$393,026K decrease in cash & cash equivalents over the period. -$107,114K in free cash flow.

Cash Flow	2025-12-31
Net loss	-137,950
Stock-based compensation	15,006
Depreciation	105
Non-cash lease expense	895
Net amortization of premiums and discounts on marketable securities	-301
Prepaid expenses and other assets	-5,281
Accounts payable and accrued expenses-Nonrelated Party	7,657
Accounts payable and accrued expenses-Related Party	2,803
Operating lease liabilities	-932
Net cash used in operating activities	-106,834
Purchases of marketable securities	318,173
Purchase of property and equipment	280
Proceeds from sale of property and equipment	0
Net cash used in investing activities	-318,453
Proceeds from issuance on common stock, net of issuance costs	29,498
Proceeds from exercise of options	2,763
Net cash provided by financing activities	32,261
Net increase (decrease) in cash and cash equivalents	-393,026
Cash and cash equivalents at beginning of period	489,711
Cash and cash equivalents at end of period	96,685

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