MREO: the cashflow

MyFinsight

For the quarter ending 2025-09-30, MREO had -$7,009K decrease in cash & cash equivalents over the period. -$7,309K 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	-7,024	-27,503
Share-based compensation	1,712	4,343
Depreciation	39	82
Amortization of intangible assets	-183	224
Amortization of operating lease right-of-use assets	133	262
Change in fair value of warrants	-196	-315
Interest income	34	-
Non-cash interest expense	17	193
Foreign currency transaction loss	1,873	-8,091
Other income	300	-
Prepaid expenses and other current assets	164	155
Research and development incentives receivable	-1,661	-208
Accounts payable	-236	-1,589
Accrued expenses and other liabilities	-673	540
Operating lease liabilities	-188	-361
Net cash used in operating activities	-7,309	-15,980
Payments for intangible assets	0	300
Purchase of property and equipment	0	20
Proceeds from out-licensing	300	-
Net cash used in investing activities	300	-320
Proceeds from exercise of warrants	0	487
Proceeds from issuance of ordinary shares	0	0
Transaction costs on issuance of ordinary shares	0	199
Net cash provided by financing activities	0	288
(decrease)/increase in cash and cash equivalents	-7,009	-16,012
Cash and cash equivalents at beginning of period	69,802	-
Effect of exchange rate changes on cash	1,917	-
Cash and cash equivalents at end of period	48,698	-

Unit: Thousand (K) dollars