For the quarter ending 2026-03-31, MOVE had $26,503K increase in cash & cash equivalents over the period. -$10,526K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -5,005 | -5,853 | -4,029 | -3,225 |
| Depreciation and amortization | 326 | 37 | 37 | 37 |
| Stock-based compensation | 2,178 | 1,143 | 691 | 780 |
| Noncash lease expense | - | -10 | 3 | 0 |
| Write down of inventory to net realizable value | 32 | 785 | - | - |
| Non-cash compensation related to common stock warrants issued to strategic advisory group | - | - | 0 | - |
| Amortization of debt discount (related party) | 118 | 1,417 | 1,465 | - |
| Loss on disposal of property and equipment | - | - | 0 | - |
| Interest expense on bridge loan (related party) | - | 44 | 38 | - |
| Payroll tax credit | - | 55 | 0 | - |
| Accounts receivable | 162 | - | - | - |
| Inventory | 42 | 78 | -6 | 221 |
| Prepaid expenses and other current assets | 747 | -51 | 92 | -2 |
| Other assets | -48 | 4 | 3 | 6 |
| Accounts payable | -1,362 | 455 | 71 | 266 |
| Deferred revenue | 27 | 4 | 3 | -13 |
| Operating lease liabilities, net | 50 | -194 | 201 | -716 |
| Accrued liabilities | 251 | - | - | - |
| Net cash used in operating activities | -4,288 | -2,260 | -1,609 | -3,096 |
| Proceeds from bridge loan (related party) | - | 0 | 1,500 | - |
| Purchase of property and equipment | 6,238 | - | 0 | - |
| Proceeds from sale of series a preferred stock | - | 3,000 | - | - |
| Cash acquired in business combination | -36,679 | - | - | - |
| Issuance of common stock, net of issuance costs | - | 0 | 0 | 848 |
| Net cash provided by investing activities | 30,441 | - | 0 | - |
| Issuance of common stock, pre-funded warrants and common stock warrants in april 2024 sale, net of issuance costs | - | - | 0 | - |
| Payments on finance lease liabilities | 32 | - | - | - |
| Issuance of common stock upon exercise of stock options | 382 | 87 | 0 | - |
| Net cash provided by financing activities | 350 | 3,087 | 1,500 | 848 |
| Net increase (decrease) in cash and cash equivalents | 26,503 | 827 | -109 | -2,248 |
| Effect of exchange rate changes on cash | - | - | - | 0 |
| Cash and cash equivalents at beginning of period | 2,827 | 2,000 | 2,109 | 4,357 |
| Cash and cash equivalents at end of period | 29,330 | 2,827 | 2,000 | 2,109 |
Corvex, Inc. (MOVE)
Corvex, Inc. (MOVE)