PHAT: the cashflow

MyFinsight

For the quarter ending 2025-09-30, PHAT had -$14,413K decrease in cash & cash equivalents over the period. -$14,142K 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	-29,973	-170,126
Depreciation and amortization	156	349
Stock-based compensation	9,297	13,812
Issuance of pik interest debt	1,179	2,300
Accrued interest on revenue interest financing liability	4,799	15,491
Amortization of debt discount	775	1,430
Inventory reserve	0	819
Other	-1,209	-3,131
Prepaid expenses and other current assets	-1,392	-6,246
Accounts receivable, net	4,534	12,458
Accounts payable and accrued expenses	1,114	5,416
Accrued interest	10	43
Operating right-of-use assets and lease liabilities	66	66
Inventory	-395	14,178
Net cash used in operating activities	-14,115	-147,659
Cash paid for property and equipment	27	115
Net cash used in investing activities	-27	-115
Proceeds from issuance of common stock from exercise of stock options	293	80
Net proceeds from issuance of debt	0	0
Net proceeds from underwritten public offering	0	-
Payment of employee tax obligations related to vesting of performance stock units	-564	-
Net cash (used in) provided by financing activities	-271	80
Net decrease in cash and cash equivalents and restricted cash	-14,413	-147,694
Cash and cash equivalents at beginning of period	300,125	-
Cash and cash equivalents at end of period	138,018	-

Unit: Thousand (K) dollars