BTAI: the cash flow

MyFinsight

For the quarter ending 2025-09-30, BTAI had $18,745K increase in cash & cash equivalents over the period. -$18,787K in free cash flow.

Cash Flow	2025-09-30	2025-06-30
Net loss	-30,911	-26,441
Depreciation	75	151
Accretion of debt discount and amortization of financing costs	440	743
Change in fair value of derivative liabilities	-12,541	7,222
Stock-based compensation expense	581	1,736
Payable-in-kind interest on credit agreement	1	5,433
Operating lease right-of-use assets	82	160
Accounts receivable	-17	-114
Inventory	-47	-173
Prepaid expenses, other current assets and other assets	480	-673
Accounts payable, accrued expenses, due to related parties, and other current liabilities	-1,084	45
Accrued interest	0	0
Operating lease liabilities	-96	-183
Net cash used in operating activities	-18,787	-24,618
Purchases of equipment and leasehold improvements	0	0
Net cash from investing activities	0	0
Proceeds from issuance of common stock and warrant	38,234	14,146
Offering costs for common stock and warrants issuance	686	806
Payment of employee tax obligations related to vesting restricted stock units	16	1
Net cash provided by financing activities	37,532	13,339
Net increase in cash, cash equivalents and restricted cash	18,745	-11,279
Cash and cash equivalents at beginning of period	29,854	-
Cash and cash equivalents at end of period	37,320	-

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