KPTI: the cash flow

MyFinsight

For the year ending 2025-12-31, KPTI had -$1,923K decrease in cash & cash equivalents over the period. -$75,369K in free cash flow.

Cash Flow	2025-12-31
Net loss	-196,039
Stock-based compensation expense	14,050
Depreciation and amortization	296
Amortization of debt issuance costs and discounts	10,546
Interest expense added to debt principal	6,258
Net amortization of premiums and discounts on investments	410
Loss (gain) on extinguishment of debt	-62,365
Change in fair value of embedded derivatives and common stock warrants	707
Accounts receivable, net	-4,588
Inventory	-701
Prepaid expenses and other assets	-4,126
Operating lease right-of-use assets	-1,336
Accounts payable	-1,104
Accrued expenses and other liabilities	19,063
Operating lease liabilities	-438
Net cash used in operating activities	-75,369
Proceeds from maturities of investments	43,378
Purchases of investments	0
Purchases of property and equipment	0
Net cash provided by investing activities	43,378
Proceeds from convertible debt	15,000
Proceeds from senior secured term loan	12,250
Proceeds from issuance of common stock and warrants in private placement offering	8,750
Proceeds from the exercise of stock options and shares issued under the employee stock purchase plan	761
Payment of convertible debt	250
Payment of deferred royalty obligation	0
Payment of debt and equity issuance costs	6,463
Net cash provided by financing activities	30,048
Effect of exchange rates on cash, cash equivalents and restricted cash	20
Net (decrease) increase in cash, cash equivalents and restricted cash	-1,923
Cash and cash equivalents at beginning of period	62,814
Cash and cash equivalents at end of period	60,891

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