For the year ending 2025-12-31, MOVE had -$5,075K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -18,285 |
| Depreciation and amortization | 149 |
| Stock-based compensation | 2,913 |
| Noncash lease expense | 1 |
| Write-down of inventory to net realizable value | 785 |
| Amortization of debt discount (related party) | 2,882 |
| Interest expense on bridge loan (related party) | 82 |
| Payroll tax credit | 55 |
| Inventory | 505 |
| Prepaid expenses, vendor deposits and other current assets | -103 |
| Other assets | 17 |
| Accounts payable | 1,301 |
| Deferred revenue | -24 |
| Other current and noncurrent liabilities | -596 |
| Net cash used in operating activities | -11,268 |
| Proceeds from bridge loan (related party) | 1,500 |
| Proceeds from sale of series a preferred stock | 3,000 |
| Issuance of common stock, net of issuance costs | 1,606 |
| Issuance of common stock upon exercise of stock options | 87 |
| Net cash provided by financing activities | 6,193 |
| Net increase/(decrease) in cash and cash equivalents | -5,075 |
| Cash and cash equivalents at beginning of period | 7,902 |
| Cash and cash equivalents at end of period | 2,827 |
Corvex, Inc. (MOVE)
Corvex, Inc. (MOVE)