BDTX: the cash flow

MyFinsight

Cash Flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Net income (loss)	-9,036	-15,116	-8,498	45,981
Gain on sale of investments	NaN	71	0	3
Stock-based compensation expense	1,447	1,412	1,739	3,477
Depreciation expense	27	66	86	173
(accretion) amortization on investments	162	149	292	838
Impairment of right-of-use assets and property and equipment	NaN	7,348	NaN	NaN
Noncash rent expense	546	714	791	1,549
(gain) loss on sale of equipment	0	3	1	23
Prepaid expenses and other current assets	921	251	-475	573
Other non-current assets	-44	-44	-44	-88
Accounts payable	2,390	-396	204	-3,236
Accrued expenses and other current liabilities	-3,587	582	-1,464	-532
Non-current operating lease liabilities	-980	-967	-934	-1,812
Net cash provided by (used in) operating activities	-10,232	-6,787	-7,850	44,251
Proceeds from sale of equipment	0	3	1	23
Proceeds from sales and maturities of investments	19,500	33,011	23,500	62,583
Purchases of investments	0	35,903	14,911	113,212
Net cash provided by (used in) investing activities	19,500	-2,889	8,590	-50,606
Proceeds from exercise of common stock options and espp, net of restricted stock surrendered for taxes	-185	-196	134	-84
Proceeds from issuance of common stock, net of issuance costs	NaN	0	0	0
Net cash provided by financing activities	-185	-196	134	-84
Net (decrease) increase in cash and cash equivalents	9,083	-9,872	874	-6,439
Cash, cash equivalents and restricted cash, beginning of period	21,819	31,691	37,256	NaN
Cash, cash equivalents and restricted cash, end of period	30,902	21,819	31,691	NaN

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