JANX: the cash flow

MyFinsight

For the quarter ending 2026-03-31, JANX had -$506K decrease in cash & cash equivalents over the period. -$12,610K in free cash flow.

Cash Flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Net loss	-24,361	-31,946	-24,313	-57,366
Depreciation	469	468	501	1,060
Stock-based compensation	9,269	9,515	9,044	21,662
Accretion of discounts on investments, net	2,624	3,524	4,623	9,427
Accounts receivable	35,000	-	-	0
Prepaid expenses and other current assets	1,343	227	-449	1,049
Other long-term assets	1,336	-19	-66	-191
Accounts payable	-1,612	1,669	-168	-524
Accrued expenses	-2,030	-4,516	6,179	4,627
Deferred revenue	46,267	0	0	0
Operating lease right-of-use assets and liabilities, net	36	0	-9	11
Net cash used in operating activities	-12,337	-28,542	-12,856	-40,837
Purchases of property and equipment	273	106	93	844
Purchases of short-term investments	112,751	123,277	117,969	463,976
Maturities of short-term investments	121,310	152,926	126,368	125,990
Net cash provided by (used in) investing activities	8,286	29,543	8,306	-338,830
Proceeds from exercise of common stock options and employee stock purchase plan	-	2,944	493	1,855
Proceeds from exercise of common stock options	3,545	-	-	-
Proceeds from the issuance of common stock and pre-funded common stock warrants, net of issuance costs	-	0	0	-347
Payments of issuance costs	0	-	-	-
Net cash provided by financing activities	3,545	2,944	493	1,508
Net decrease in cash, cash equivalents and restricted cash	-506	3,945	-4,057	-378,159
Cash, cash equivalents and restricted cash - beginning of year	53,150	49,205	431,421	-
Cash, cash equivalents and restricted cash - end of period	52,644	53,150	49,205	-

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