PHAT: 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	-200,099	-170,126
Depreciation and amortization	505	349
Stock-based compensation	23,109	13,812
Issuance of pik interest debt	3,479	2,300
Accrued interest on revenue interest financing liability	20,290	15,491
Amortization of debt discount	2,205	1,430
Inventory reserve	819	819
Other	-4,340	-3,131
Prepaid expenses and other current assets	-7,638	-6,246
Accounts receivable, net	16,992	12,458
Accounts payable and accrued expenses	6,530	5,416
Accrued interest	53	43
Operating right-of-use assets and lease liabilities	132	66
Inventory	13,783	14,178
Net cash used in operating activities	-161,774	-147,659
Cash paid for property and equipment	142	115
Net cash used in investing activities	-142	-115
Proceeds from issuance of common stock from exercise of stock options	373	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	-191	80
Net decrease in cash and cash equivalents and restricted cash	-162,107	-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 (except for numbers of shares and EPS)

PHAT: the cashflow