PVLA: the cash flow

MyFinsight

For the year ending 2025-12-31, PVLA had -$25,620K decrease in cash & cash equivalents over the period.

Cash Flow	2025-12-31
Net loss	-41,715
Non-cash interest expense - royalty agreement	5,818
Non-cash interest expense - convertible notes	0
Change in fair value of derivative liabilities - royalty agreement	394
Change in fair value of derivative liabilities - contingent value right liability	218
Change in fair value of convertible notes payable	0
Stock-based compensation	6,401
Non-cash lease operating expense	62
Costs to issue convertible notes	0
Accounts receivable	-387
German research and development tax credit receivable	-2,105
Prepaid expenses and other current assets	-1,364
Account payable	1,260
Accrued expenses and other current liabilities	-1,300
Net cash used in operating activities	-25,006
Cash acquired from reverse merger transaction	0
Payment of transaction costs in connection with reverse merger	1,269
Proceeds from pipe financing	0
Payments of transaction costs associated with pipe financing	0
Proceeds from issuance of convertible notes	0
Payment of transaction costs to issue convertible notes	0
Proceeds from exercise of stock options	763
Deferred equity issuance costs	154
Net cash (used in) provided by financing activities	-660
Effect of exchange rate change on cash and cash equivalents	46
Net (decrease) increase in cash and cash equivalents	-25,620
Cash and cash equivalents at beginning of period	83,602
Cash and cash equivalents at end of period	57,982

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