CRNX: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

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

Cash Flow	2025-09-30	2025-06-30
Net loss	-342,502	-212,411
Stock-based compensation	69,304	46,602
Depreciation and amortization	2,896	1,884
Deferred revenue	-	984
Noncash lease expense	2,360	-
Accounts payable and accrued expenses, compensation and related expenses	-	11,160
Accretion of purchase discounts and amortization of premiums on investment securities, net	12,691	9,090
Loss on disposal of property and equipment	-42	-42
Loss on equity method investment	0	0
Prepaid expenses and other assets	18,531	11,325
Accounts payable and accrued expenses, compensation and related expenses, and other liabilities	17,807	-
Noncash lease expense	-	1,605
Deferred revenue	-1,128	-
Operating lease liabilities	-2,578	-1,786
Net cash used in operating activities	-285,021	-174,303
Purchases of investment securities	790,781	574,081
Proceeds from sales and maturities of investment securities	912,886	530,514
Purchases of property and equipment	5,304	4,441
Net cash provided by (used in) investing activities	116,801	-48,008
Proceeds from issuance of common stock, net of commissions	0	0
Offering costs related to issuance of common stock	-	0
Proceeds from exercise of stock options and shares issued under employee stock purchase plan	14,576	11,492
Net cash provided by financing activities	14,576	11,492
Net change in cash, cash equivalents and restricted cash	-153,644	-210,819
Cash and cash equivalents at beginning of period	265,845	-
Cash and cash equivalents at end of period	112,201	-

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

CRNX: the cashflow