IXHL: the cash flow

MyFinsight

For the quarter ending 2026-03-31, IXHL had $2,237K increase in cash & cash equivalents over the period. -$2,461K in free cash flow.

Cash Flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Effect of exchange rate changes on cash	-	-388	269	-
Net loss	-3,883	-6,521	-6,407	-46,885
Depreciation and amortization	65	59	66	246
Unrealized loss on foreign currency remeasurement	25	-24	-13	-294
Stock-based compensation expense	1,469	2,279	2,626	2,609
Change in fair value of warrant liabilities	-380	-	-	21,925
Prepaid expenses and other current assets	-26	-51	-299	189
R&d tax incentive	186	558	364	-5,579
Trade and other payables	458	44	-5,396	1,385
Non-cash expense of eloc commitment	0	-	-	1,048
Change in fair value of convertible rights	0	-	-	-299
Non-cash interest expense	0	-	-	302
Loss on extinguishment	0	-	-	-1,472
Securities pledged	0	-	-	-
Net cash used in operating activities	-2,456	-4,622	-9,163	-12,513
Purchase of property, plant and equipment	5	4	2	8
Investment of joint venture	13	0	40	-
Net cash used in investing activities	-18	-4	-42	-8
Proceeds from share issuance	6,955	2,197	69,465	48,343
Share issuance costs	823	91	2,288	747
Warrant issuance costs	284	-	-	125
Share repurchase	1,138	1,179	-	-
Proceeds received from facility agreement	0	-	-	4,282
Repayment of facility agreement	0	-	-	4,459
Proceeds from issuance of convertible debt	0	-	-	2,779
Cancellation of warrants	-	-	-	24,769
Repayment of convertible debt	0	-	-	3,795
Debt issuance costs	0	-	-	113
Net cash provided by financing activities	4,710	927	67,177	21,396
Net increase in cash and cash equivalents	2,237	-3,700	57,972	8,875
Cash and cash equivalents at beginning of period	69,193	73,280	15,039	-
Cash and cash equivalents at end of period	74,450	69,193	73,280	-

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.