ITRM: the cashflow

MyFinsight

For the quarter ending 2025-09-30, ITRM had -$2,029K decrease in cash & cash equivalents over the period. -$7,459K 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	-8,979	-11,400
Depreciation	6	13
Amortization of intangible asset	349	687
Share-based compensation expense	53	117
Interest on short-term investments	0	0
Amortization of debt discount and deferred financing costs	0	194
Interest on notes - non-cash-Exchangeable Senior Subordinated Notes Due Two Thousand Twenty Five	0	88
Financing transaction costs included in financing activities	0	-
Interest on notes - non-cash-Promissory Note	562	853
Adjustments to fair value of derivatives	-673	-1,134
Other	-880	-940
Accounts receivable	448	-
Prepaid expenses and other current assets	984	1,212
Inventory	201	948
Accounts payable	-612	938
Accrued expenses	1,343	1,299
Income taxes	-89	54
Other liabilities	0	-568
Net cash used in operating activities	-7,447	-7,811
Purchases of property and equipment	12	2
Purchases of short-term investments	0	0
Proceeds from sale of short-term investments	0	0
Net cash (used in) / provided by investing activities	-12	-2
Repayment of exchangeable notes	0	14,745
Proceeds from issuance of ordinary shares, net of transaction costs	5,432	11,477
Net cash provided by financing activities	5,432	-3,268
Effect of exchange rates on cash and cash equivalents	-2	-18
Net (decrease) / increase in cash, cash equivalents and restricted cash	-2,029	-11,099
Cash and cash equivalents at beginning of period	24,159	-
Cash and cash equivalents at end of period	11,031	-

Unit: Thousand (K) dollars