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The latest financial statement is for the quarter ending 2025-09-30.

Cash Flow Overview

Free Cash flow
-$69,648K

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
Cash Flow
2025-09-30
2025-06-30
2025-03-31
2024-12-31
Net loss
-67,274 -92,574 -129,666 -59,179
Change in fair value of related-party convertible note
-1,169 1,169 -42,582 43,472
Non-cash interest expense related to revenue interest liability
9,310 10,019 13,266 10,289
Stock-based compensation expense
8,878 9,648 9,537 9,038
Change in fair value of warrant liabilities
-14,905 -3,889 448 -9,733
Depreciation and amortization
3,951 3,880 3,829 4,138
Change in fair value of derivative liabilities
-289 -1,931 -5,578 6,607
Non-cash lease expense related to operating lease right-of-use assets-Nonrelated Party
830 905 925 -
Transaction costs allocated to warrant liabilities
2,063 104 -0
Non-cash lease expense related to operating lease right-of-use assets-Related Party
698 678 658 -
Non-cash lease expense related to operating lease right-of-use assets
---1,615
Non-cash interest items, net
63 62 62 -1,337
Accretion of discounts on marketable debt securities
978 11 52 24
Impairment of intangible assets
---0
Unrealized losses on equity securities
1 --1 -112
Impairment of fixed assets
---0
Amortization of related-party notes discounts
0 0 0 5,007
Other
35 211 242 -37
Accounts receivable
9,890 5,097 14,669 -1,815
Inventories
63 -1,804 172 6,314
Prepaid expenses and other current assets-Nonrelated Party
5,578 3,939 -114 -
Prepaid expenses and other current assets
----1,333
Prepaid expenses and other current assets-Related Party
-738 205 -951 -
Other assets
324 -1,227 84 1,034
Accounts payable
-1,392 -6,216 6,439 -3,214
Accrued expenses and other liabilities
5,469 8,723 -12,933 -2,114
Due to and due from related parties, net
501 -7 51 223
Operating lease liabilities-Nonrelated Party
-912 -992 -916 -
Operating lease liabilities
----1,537
Operating lease liabilities-Related Party
-881 -852 -816 -
Net cash used in operating activities
-68,907 -79,746 -85,905 -85,144
Purchases of marketable debt securities, available-for-sale
180,586 15,061 100 6,089
Proceeds from maturities of marketable debt securities, available-for-sale
0 0 5,350 18,034
Purchases of property, plant and equipment
741 1,081 1,121 2,111
Software development costs
34 ---
Proceeds from sales of marketable debt securities
0 0 0 0
Acquisition of a business, net of transaction costs
0 --0
Cash paid for other investments
0 --0
Purchase of intangible assets
---0
Investment in joint venture an equity method investment
---0
Net cash used in investing activities
-181,361 -16,142 4,129 9,834
Proceeds from equity offerings, net of issuance costs-Private Placement And At The Market Offerings
173,682 173,136 -107,732
Net share settlement for rsus vesting
151 322 1,202 803
Proceeds from exercises of stock options-Options Excluding Stock Purchase And Option Agreement
---715
Proceeds from exercises of stock options-Exercise Of Stock Options
0 0 -495 -
Principal payments of finance leases
12 4 0 0
Proceeds from issuance of related-party promissory notes net of issuance costs paid
---0
Proceeds from the ripa, net of issuance costs
0 0 -0
Issuance of common stock-Stock Purchase And Option Agreement
---0
Proceeds from exercises of warrants
0 0 0 0
Payment for contingent consideration
---0
Payment of revenue interest liability
---3 -
Proceeds from exercises of stock options-Stock Purchase And Option Agreement
0 0 -0
Net cash provided by financing activities
173,519 172,810 -982 106,929
Effect of exchange rate changes on cash and cash equivalents, and restricted cash
-56 76 -10 -7
Net change in cash and cash equivalents, and restricted cash
-76,805 76,998 -82,768 31,612
Cash and cash equivalents at beginning of period
138,142 61,144 143,912 112,300
Cash and cash equivalents at end of period
61,337 138,142 61,144 143,912
Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

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