IRON: the cashflow

MyFinsight

For the quarter ending 2025-09-30, IRON had $13,327K increase in cash & cash equivalents over the period. -$47,825K 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	-62,321	-89,332
Depreciation and amortization	87	105
Stock-based compensation	9,514	14,783
Amortization/accretion of investment securities	1,739	5,148
Loss from initial consolidation of variable interest entity	0	-852
Non-cash lease expense	120	229
Non-cash interest expense	211	415
Other non-cash items	0	0
Prepaid expenses and other current assets	-371	7,911
Accounts payable	918	-1,598
Accrued external research and development expenses	242	322
Other accrued expenses	4,954	-2,518
Operating lease liabilities	-156	507
Net cash used in operating activities	-47,799	-89,294
Purchases of marketable securities	85,436	405,876
Maturities of marketable securities	135,000	185,819
Purchases of property and equipment	26	887
Net cash used in investing activities	49,538	-220,944
Proceeds from sale of common stock in underwritten offering, net of issuance costs paid	0	234,003
Proceeds from sale of pre-funded warrants in underwritten offering, net of issuance costs paid	0	9,386
Proceeds from sale of common stock in at-the-market offerings, net of issuance costs paid	9,766	0
Proceeds from stock option exercises	1,531	1,467
Contributions from employee stock purchase plan	291	287
Net cash provided by financing activities	11,588	245,143
Net decrease in cash, cash equivalents and restricted cash	13,327	-65,095
Cash and cash equivalents at beginning of period	192,672	-
Cash and cash equivalents at end of period	140,904	-

Unit: Thousand (K) dollars