IVVD: the cash flow

MyFinsight

For the year ending 2025-12-31, IVVD had $157,340K increase in cash & cash equivalents over the period. -$58,290K in free cash flow.

Cash Flow	2025-12-31
Net loss	-52,489
Stock-based compensation expense	11,643
Amortization of operating lease right-of-use assets	1,352
Depreciation and amortization expense	755
Other non-cash adjustments	-298
Accounts receivable	3,337
Inventory	373
Prepaid expenses and other current assets	-12,924
Other non-current assets	77
Accounts payable	3,211
Accrued expenses	-30,847
Operating lease liabilities	-1,218
Other current liabilities	23
Other non-current liabilities	0
Net cash used in operating activities	-58,135
Purchases of property and equipment	155
Net cash used in investing activities	-155
Proceeds from exercises of stock options	411
Proceeds from issuance of common stock under the employee stock purchase plan	254
Proceeds from at-the-market offering, net of commissions	33,400
Proceeds from underwritten public offering, net of underwriting discounts and commissions	182,534
Payments for at-the-market offering costs	336
Payments for underwritten public offering costs	633
Net cash provided by financing activities	215,630
Effect of exchange rate changes on cash and cash equivalents	0
Net increase (decrease) in cash and cash equivalents	157,340
Cash and cash equivalents at beginning of period	69,349
Cash and cash equivalents at end of period	226,689

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