For the quarter ending 2026-03-31, IRTC had $4,134K increase in cash & cash equivalents over the period. -$33,078K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -13,933 | 5,579 | -5,212 | -44,918 |
| Depreciation and amortization | 5,042 | 5,254 | 5,173 | 10,315 |
| Stock-based compensation | 21,491 | 21,106 | 21,006 | 46,171 |
| Loss on extinguishment of debt | - | 0 | 0 | 0 |
| Amortization of premium and accretion of discounts, net | 730 | 962 | 892 | 1,273 |
| Impairment charges | - | 1,979 | 0 | 2,479 |
| Amortization of operating lease right-of-use assets | 1,503 | 1,473 | 1,448 | 2,816 |
| Amortization of debt discount | 809 | 750 | 746 | 1,564 |
| Change in fair value of strategic investments | 1,447 | 1,822 | 894 | 2,995 |
| Provision for credit losses and contractual allowances | 27,844 | 19,505 | 25,457 | 54,704 |
| Acquired in-process research and development | 296 | 740 | 302 | 1,994 |
| Other | 340 | 5 | 790 | 172 |
| Accounts receivable | 33,000 | 19,054 | 19,461 | 56,916 |
| Inventory | 2,424 | 2,062 | 1,849 | 4,601 |
| Prepaid expenses and other current assets | 4,613 | 2,563 | 1,276 | 1,541 |
| Other assets | 1,981 | -531 | 3,708 | -283 |
| Accounts payable and accrued liabilities | -22,522 | -1,645 | 15,007 | 14,682 |
| Deferred revenue | -145 | -23 | 725 | 567 |
| Operating lease liabilities | -2,703 | -2,579 | -2,479 | -3,735 |
| Net cash used in operating activities | -26,173 | 26,212 | 34,883 | 19,768 |
| Purchases of property and equipment | 6,905 | 11,723 | 14,831 | 19,788 |
| Purchases of marketable securities | 94,030 | 125,575 | 171,073 | 169,466 |
| Maturities of marketable securities | 132,650 | 88,500 | 99,000 | 50,200 |
| Purchases of strategic investments | 1,500 | 0 | 2,300 | 0 |
| Purchase of acquired in-process research and development | - | 0 | 0 | - |
| Net cash provided by (used in) investing activities | 30,215 | -48,798 | -89,204 | -139,054 |
| Payment of term loan/debt and termination costs-Silicon Valley Bank Term Loan | - | 0 | 0 | 0 |
| Proceeds from term loan/debt-Braidwell Term Loan Facility | - | 0 | 0 | 0 |
| Payment of issuance costs for long-term debt-Braidwell Term Loan Facility | - | 0 | 0 | 0 |
| Payment of term loan/debt and termination costs-Braidwell Term Loan Facility | - | 0 | 0 | 0 |
| Proceeds from issuance of 2029 notes-Convertible Notes Due2029 | - | - | 0 | 0 |
| Proceeds from issuance of 2029 notes | - | 0 | - | - |
| Payment of issuance costs for long-term debt-Convertible Notes Due2029 | - | 0 | 0 | 0 |
| Purchases of capped call transactions | - | 0 | 0 | 0 |
| Purchase of treasury stock | - | 0 | 0 | 0 |
| Proceeds from issuance of common stock in connection with employee equity incentive plans | 149 | 2,959 | 825 | 8,823 |
| Net cash provided by financing activities | 149 | 2,959 | 825 | 8,823 |
| Effect of exchange rate changes | -57 | 34 | -4 | -29 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 4,134 | -19,593 | -53,500 | -110,492 |
| Cash, cash equivalents and restricted cash, beginning of period | 263,963 | - | 427,955 | - |
| Cash, cash equivalents and restricted cash, end of period | 248,504 | - | 263,963 | - |