GUTS: the cashflow

MyFinsight

For the quarter ending 2025-09-30, GUTS had $55,366K increase in cash & cash equivalents over the period. -$22,722K in free cash flow.

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

Cash Flow	2025-09-30	2025-06-30
Net loss	-45,603	-51,624
Depreciation	290	560
Non-cash interest expense	72	155
Non-cash operating lease expense	400	774
Stock-based compensation expense	1,638	3,191
Change in fair value of warrant liabilities	21,201	-477
Change in fair value of notes payable, non-cash	785	-177
Inventory	0	-73
Prepaid expenses and other current assets	-2,351	171
Accounts payable	-2,655	671
Accrued expenses and other current liabilities	-811	1,394
Operating lease liabilities	-318	-605
Other long-term assets and liabilities	64	42
Net cash used in operating activities	-22,714	-46,278
Purchases of property and equipment	8	546
Net cash used in investing activities	-8	-546
Proceeds from initial public offering, net of underwriting discounts and commissions	0	0
Issuance of common stock in connection with at-the-market offering, net of issuance costs	477	1,592
Issuance of common stock and warrants in the august 2025 public offering, net of underwriting commissions and offering costs	21,328	-
Issuance of common stock in the september 2025 offering, net of underwriting commissions and offering costs	56,400	-
Proceeds from exercise of stock options	0	280
Principal payments on finance lease obligations	117	221
Net cash provided by financing activities	78,088	1,651
Net increase in cash, cash equivalents and restricted cash	55,366	-45,173
Cash and cash equivalents at beginning of period	71,719	-
Cash and cash equivalents at end of period	81,912	-

Unit: Thousand (K) dollars