CTMX: the cash flow

MyFinsight

Cash Flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Net income (loss)	-18,248	-26,510	-14,229	23,371
Amortization of intangible assets	37	37	36	73
Depreciation and amortization	214	473	98	659
Impairment loss on machinery and equipment	NaN	-402	NaN	NaN
Accretion of discounts on short-term investments	726	719	636	851
Stock-based compensation expense	4,706	1,479	1,384	3,439
Non-cash lease expense	-1,132	-1,161	-1,133	-2,189
Accounts receivable	-1,367	384	-240	-1,234
Prepaid expenses and other assets	887	874	-708	1,076
Accounts payable	67	655	419	-853
Accrued liabilities and other long-term liabilities	-3,599	486	-326	-3,209
Deferred revenue	-9,612	551	-4,375	-61,772
Net cash used in operating activities	-25,549	-23,243	-15,548	-36,796
Purchases of property and equipment	0	201	-127	146
Purchases of short-term investments	242,777	44,218	19,688	128,618
Maturities of short-term investments	50,000	30,000	20,000	83,000
Net cash (used in) provided by investing activities	-192,777	-14,419	439	-45,764
Proceeds from issuance of common stock, net issuance cost	228,351	16,262	0	93,373
Proceeds from issuance of pre-funded warrants, net issuance cost	5,855	0	NaN	NaN
Proceeds from exercise of stock options	281	381	253	177
Net cash provided by financing activities	234,487	16,643	253	93,550
Net increase in cash, cash equivalents and restricted cash	16,161	-21,019	-14,856	10,990
Cash, cash equivalents and restricted cash, beginning of period	14,194	35,213	39,079	NaN
Cash, cash equivalents and restricted cash, end of period	30,355	14,194	35,213	NaN

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