PDSB: the cash flow

MyFinsight

For the year ending 2025-12-31, PDSB had -$14,977,622 decrease in cash & cash equivalents over the period. -$27,752,012 in free cash flow.

Cash Flow	2025-12-31
Total operating expenses	31,543,959
Interest income	1,217,241
Interest expense	5,338,607
Benefit for income taxes	-1,169,820
Net loss	-34,495,505
Stock-based compensation expense	4,106,606
Issuance of shares in consulting agreements	298,501
Amortization of debt discount	1,553,835
Loss on retirement of debt	-1,107,004
Depreciation expense	21,836
Finance lease amortization expense	38,682
Prepaid expenses and other current assets	173,564
Accounts payable	1,889,580
Accrued expenses	-2,098,987
Operating lease liabilities	0
Net cash used in operating activities	-27,752,012
Purchase of equipment	0
Net cash used in investing activities	0
Proceeds from issuance of pre-funded warrants	1,038,094
Proceeds from issuance of warrants	5,315,811
Proceeds from exercise of pre-funded warrants	100
Proceeds from exercise of stock options	0
Payments of finance lease obligations	61,119
Loan principal payments	6,666,667
Loan repayment	19,000,000
Net proceeds from issuance of loan	18,164,795
Proceeds from issuance of common stock, net of issuance costs	9,709,064
Proceeds from issuance of common stock from at-the-market program, net of issuance costs	4,274,312
Net cash provided by financing activities	12,774,390
Net (decrease) increase in cash and cash equivalents	-14,977,622
Cash and cash equivalents at beginning of period	41,689,591
Cash and cash equivalents at end of period	26,711,969

Unit: Dollar.