LONA: the cash flow

MyFinsight

For the year ending 2025-12-31, LONA had $20,838K increase in cash & cash equivalents over the period.

Cash Flow	2025-12-31
Net loss	-105,609
Non-cash consideration for acquired in-process research and development	67,659
Change in fair value of sermonix pre-funded warrant	4,579
Stock-based compensation	6,102
Depreciation expense	972
Non-cash lease expense	273
Amortization of premiums and accretion of discounts on available-for-sale securities, net	329
Prepaid expenses and other current and long-term assets, net	-2,439
Accounts payable and accrued liabilities	-21,342
Operating lease liability	-414
Other long-term liabilities	-59
Net cash used in operating activities	-45,729
Purchases of available-for-sale securities	37,643
Maturities of available-for-sale securities	21,749
Net cash (used in) provided by investing activities	-15,894
Proceeds from exercise of common stock options and issuance of common stock under employee stock purchase plan	37
Proceeds from pipe financing	89,991
Issuance costs from pipe financing	7,567
Net cash provided by financing activities	82,461
Net increase (decrease) in cash, cash equivalents and restricted cash	20,838
Cash, cash equivalents and restricted cash, beginning of period	49,069
Cash, cash equivalents and restricted cash, end of period	69,907

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