LENZ: the cashflow

MyFinsight

For the quarter ending 2025-09-30, LENZ had -$12,323K decrease in cash & cash equivalents over the period. -$9,027K in free cash flow.

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

Cash Flow	2025-09-30	2025-06-30
Net loss	-16,700	-29,531
Depreciation and amortization	125	55
Loss on impairment of operating right-of-use assets and related property and equipment	0	82
Accretion of discounts on marketable securities	779	2,022
Change in fair value of preferred stock warrants	0	0
Share-based compensation expense	3,469	5,400
Inventory	949	-
Prepaid expenses and other current assets	-93	1,196
Accounts payable	1,694	-1,628
Accrued liabilities	4,459	1,487
Other assets	0	204
Net cash used in operating activities	-8,588	-27,557
Purchases of marketable securities	56,306	91,385
Proceeds from maturities of marketable securities	52,412	110,210
Purchases of property and equipment	439	350
Net cash provided by (used in) investing activities	-4,333	18,475
Proceeds from issuance of common stock, net of issuance costs-At The Market Offerings	0	26,067
Proceeds from exercises of stock options	598	240
Proceeds from issuance of common stock under employee stock purchase plan	0	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	598	26,532
Net increase in cash, cash equivalents, and restricted cash	-12,323	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