IKT: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

Unit: Dollar

Cash Flow	2025-09-30	2025-06-30
Net loss	-35,524,538	-23,594,258
Depreciation	60,499	36,812
Stock-based compensation expense	10,776,144	6,250,938
Write-off of in-process research and development	7,357,294	7,357,294
Change in fair value contingent consideration	2,016,111	1,523,284
Noncash accretion on marketable securities	570,503	-
Operating lease right-of-use assets	101,437	66,519
Prepaid expenses and other assets	-257,321	-7,526
Prepaid research and development	1,129,258	57,547
Other assets	57,913	-
Accounts payable	-390,699	1,592,656
Operating lease liabilities	110,517	72,573
Accrued expenses and other current liabilities	976,353	258,156
Net cash used in operating activities	-20,270,491	-9,677,761
Purchases of equipment and improvements	13,399	13,399
Purchases of investments - marketable securities	38,996,000	0
Maturities of investments - marketable securities	41,600,000	31,350,103
Acquired in-process research and development	438,624	438,624
Net cash provided by investing activities	2,151,977	30,898,080
Deferred offering costs	-385,062	-
Proceeds from issuance of common stock, pre-funded warrants and warrants, net of issuance costs	150	150
Issuance of common stock from exercise of stock options	282,553	31,621
Net cash provided by (used in) financing activities	-102,359	31,771
Net decrease in cash and cash equivalents	-18,220,873	21,252,090
Cash and cash equivalents at beginning of period	56,490,579	-
Cash and cash equivalents at end of period	38,269,706	-

Unit: Dollar

IKT: the cashflow