LENZ: 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	-46,231	-29,531
Depreciation and amortization	180	55
Loss on impairment of operating right-of-use assets and related property and equipment	82	82
Accretion of discounts on marketable securities	2,801	2,022
Change in fair value of preferred stock warrants	0	0
Share-based compensation expense	8,869	5,400
Inventory	949	-
Prepaid expenses and other current assets	1,103	1,196
Accounts payable	66	-1,628
Accrued liabilities	5,946	1,487
Other assets	204	204
Net cash used in operating activities	-36,145	-27,557
Purchases of marketable securities	147,691	91,385
Proceeds from maturities of marketable securities	162,622	110,210
Purchases of property and equipment	789	350
Net cash provided by (used in) investing activities	14,142	18,475
Proceeds from issuance of common stock, net of issuance costs-At The Market Offerings	26,067	26,067
Proceeds from exercises of stock options	838	240
Proceeds from issuance of common stock under employee stock purchase plan	225	225
Cash, cash equivalents, and restricted cash acquired in connection with the merger	0	0
Proceeds from issuance of common stock, net of issuance costs-Private Placement	0	0
Merger transaction costs	0	0
Net cash provided by financing activities	27,130	26,532
Net increase in cash, cash equivalents, and restricted cash	5,127	17,450
Cash and cash equivalents at beginning of period	20,272	-
Cash and cash equivalents at end of period	25,399	-

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

LENZ: the cashflow