CARL: the cash flow

MyFinsight

For the year ending 2025-12-31, CARL had $45,668K increase in cash & cash equivalents over the period. -$29,619K in free cash flow.

Cash Flow	2025-12-31
Net loss	-29,634
Depreciation and amortization	281
Stock-based compensation	1,927
Non-cash interest	206
Loss on remeasurement of warrant liabilities	328
Non-cash lease expense	536
Provision for credit losses	414
Provision for excess and obsolete inventory	1,839
Other non-cash items	-17
Accounts receivable, net	5,010
Inventory	2,689
Prepaid expenses and other assets	2,342
Accounts payable	2,323
Accrued liabilities	627
Accrued compensation	2,490
Lease liabilities	-290
Net cash used in operating activities	-28,977
Purchase of short-term investments	24,000
Purchase of property and equipment	642
Capitalized software costs	715
Payment of initial direct costs related to operating leases	126
Net cash used in investing activities	-25,483
Proceeds from initial public offering, net of underwriting discounts and commissions	93,465
Payments for deferred initial public offering costs	5,411
Proceeds from issuance of series c convertible preferred stock, net of issuance costs	11,919
Proceeds from term loan, net of issuance costs	0
Payment of issuance costs related to term loan modification	50
Proceeds from exercises of stock options	205
Net cash provided by financing activities	100,128
Increase in cash, cash equivalents, and restricted cash	45,668
Cash, cash equivalents, and restricted cash at beginning of the period	40,225
Cash, cash equivalents, and restricted cash at end of the period	85,893

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