ITRM: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Net loss	-20,379	-11,400
Depreciation	19	13
Amortization of intangible asset	1,036	687
Share-based compensation expense	170	117
Interest on short-term investments	0	0
Amortization of debt discount and deferred financing costs	194	194
Interest on notes - non-cash-Exchangeable Senior Subordinated Notes Due Two Thousand Twenty Five	88	88
Financing transaction costs included in financing activities	0	-
Interest on notes - non-cash-Promissory Note	1,415	853
Adjustments to fair value of derivatives	-1,807	-1,134
Other	-1,820	-940
Accounts receivable	448	-
Prepaid expenses and other current assets	2,196	1,212
Inventory	1,149	948
Accounts payable	326	938
Accrued expenses	2,642	1,299
Income taxes	-35	54
Other liabilities	-568	-568
Net cash used in operating activities	-15,258	-7,811
Purchases of property and equipment	14	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	-14	-2
Repayment of exchangeable notes	14,745	14,745
Proceeds from issuance of ordinary shares, net of transaction costs	16,909	11,477
Net cash provided by financing activities	2,164	-3,268
Effect of exchange rates on cash and cash equivalents	-20	-18
Net (decrease) / increase in cash, cash equivalents and restricted cash	-13,128	-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 (except for numbers of shares and EPS)

ITRM: the cashflow