HTFL: the cash flow

MyFinsight

For the year ending 2025-12-31, HTFL had -$6,357K decrease in cash & cash equivalents over the period. -$59,048K in free cash flow.

Cash Flow	2025-12-31
Net loss	-116,791
Depreciation and amortization	5,440
Stock-based compensation expense	13,965
Amortization of debt discount and debt issuance costs	5,367
Amortization of right-of-use asset	3,133
Accretion of discounts on investments, net	1,676
Change in fair value of common stock warrant liability	43,894
Change in fair value of derivative liability	7,311
Loss on extinguishment of debt	-6,360
Non-cash interest charges	1,071
Change in allowance for credit losses	188
Accounts receivable, net	4,892
Prepaid expenses and other current assets	7,943
Other non-current assets	733
Accounts payable	218
Accrued expenses and other current liabilities	9,313
Operating lease liabilities	-3,715
Other non-current liabilities	89
Net cash used in operating activities	-54,023
Purchase of property and equipment	5,025
Purchases of investments	233,543
Net cash used in investing activities	-238,568
Proceeds from initial public offering, net of issuance costs	332,387
Proceeds from convertible notes offering, net of issuance costs	72,769
Proceeds from exercise of stock options	3,298
Repayment of term loan	115,137
Payments of exit, prepayment penalty and lender fees	6,764
Payment of taxes related to vested restricted stock units	510
Net cash provided by financing activities	286,043
Effect of foreign exchange rates	191
Net increase (decrease) in cash and cash equivalents	-6,357
Balance, beginning of period	55,842
Balance, end of period	49,485

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