MAZE: the cashflow

MyFinsight

For the quarter ending 2025-09-30, MAZE had $52,232K increase in cash & cash equivalents over the period. -$24,710K 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) income	-30,087	-66,465
Depreciation	571	1,333
Stock-based compensation expense	3,864	6,463
Non-cash lease expense	787	1,543
Accretion of discounts on marketable securities	278	-
Other items, net	0	21
Prepaid expenses and other current assets	758	1,750
Other assets	-356	-18
Accounts payable	-748	1,846
Accrued expenses and other liabilities	2,476	-957
Operating lease liabilities	-825	-1,620
Net cash (used in) provided by operating activities	-24,642	-59,568
Purchases of marketable securities	66,815	-
Purchases of property and equipment	68	692
Net cash used in investing activities	-66,883	-692
Proceeds from initial public offering, net of offering costs paid	0	127,752
Proceeds from private placement, net of offering costs paid	141,748	-
Proceeds from exercise of stock option awards, net of repurchases	2,009	126
Proceeds from issuance of common stock under the 2025 employee stock purchase plan	0	612
Payment of success fee derivative	0	500
Net cash provided by financing activities	143,757	127,990
Net increase in cash, cash equivalents, and restricted cash	52,232	67,730
Cash and cash equivalents at beginning of period	197,900	-
Cash and cash equivalents at end of period	317,862	-

Unit: Thousand (K) dollars