BCAX: the cash flow

MyFinsight

For the quarter ending 2026-03-31, BCAX had $226,777K increase in cash & cash equivalents over the period. -$37,568K in free cash flow.

Cash Flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Net loss	-56,211	-37,386	-36,330	-64,234
Stock-based compensation	5,858	4,449	3,614	6,943
Depreciation	44	43	24	38
Non-cash lease expense	273	297	249	349
Net amortization of premiums and discounts on marketable securities	-338	-269	-32	-
Prepaid expenses and other assets	-2,089	-839	301	-4,743
Accounts payable and accrued expenses-Nonrelated Party	11,725	6,423	3,949	-2,715
Accounts payable and accrued expenses-Related Party	-1,354	1,472	-168	1,499
Operating lease liabilities	-270	-292	-317	-323
Net cash used in operating activities	-37,508	-23,886	-29,248	-53,700
Proceeds from sale of property and equipment	-	0	0	0
Purchases of marketable securities	-	82,094	236,079	-
Proceeds from maturities and sales of marketable securities	101,000	-	-	-
Purchase of property and equipment	60	238	42	0
Net cash provided by investing activities	100,940	-82,332	-236,121	0
Proceeds from issuance on common stock and accompanying pre-funded warrants, net of issuance costs	161,763	29,498	0	-
Proceeds from exercise of options	1,582	1,732	436	595
Payment for deferred offering costs	-	-	-	0
Net cash provided by financing activities	163,345	31,230	436	595
Net (decrease)/increase in cash and cash equivalents	226,777	-74,988	-264,933	-53,105
Cash and cash equivalents at beginning of period	96,685	171,673	489,711	-
Cash and cash equivalents at end of period	323,462	96,685	171,673	-

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