ORKA: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

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

Cash Flow	2025-09-30	2025-06-30
Net loss	-75,850	-45,573
Stock-based compensation expense	20,125	9,960
Non-cash interest expense	-	0
Net accretion of premiums and discounts on marketable securities	4,340	3,300
Non-cash lease expense	319	187
Depreciation expense	55	35
Prepaid expenses and other current assets	3,167	765
Subscription receivable	-	0
Other non-current assets	60	60
Accrued interest payable, related party	-	0
Accounts payable	-1,254	1,202
Accrued expenses and other current liabilities	5,038	232
Operating lease liability	-468	-29
Related party accounts payable and other current liabilities	-6,014	-5,903
Net cash used in operating activities	-65,616	-44,014
Purchases of property and equipment	146	47
Purchases of marketable securities	419,972	152,289
Proceeds from maturities of marketable securities	345,395	200,062
Net cash used in investing activities	-74,723	47,726
Proceeds from issuance of notes payable to related party, net of issuance costs paid	-	0
Proceeds from issuance of pre-merger oruka series a preferred stock, net of issuance costs paid	-	0
Proceeds from the pipe financings, net	169,908	-
Proceeds from issuance of common stock	109	109
Payment of deferred offering costs	-	0
Net cash provided by financing activities	170,017	109
Net increase in cash and cash equivalents	29,678	3,821
Cash and cash equivalents at beginning of period	61,575	-
Cash and cash equivalents at end of period	91,253	-

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

ORKA: the cashflow