RAPP: the cashflow

MyFinsight

For the quarter ending 2025-09-30, RAPP had $196,292K increase in cash & cash equivalents over the period. -$17,599K 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	-26,925	-50,795
Depreciation and amortization	256	496
Net (accretion) and amortization of investments in marketable securities	-204	528
Non-cash lease expense	567	894
Stock-based compensation expense	4,735	8,429
Prepaid expenses and other current assets	-2,534	5,144
Other assets	362	548
Accounts payable	-179	1,216
Accrued expenses and other current liabilities	1,696	784
Operating lease liabilities	-9	111
Net cash used in operating activities	-17,465	-45,307
Purchases of short-term investments	101,620	56,093
Maturities of short-term investments	44,978	100,033
Purchases of property and equipment	134	313
Net cash used in investing activities	-56,776	43,627
Proceeds from underwritten public offering, net of underwriter discounts and commissions and deferred offering costs	269,834	-
Proceeds from exercise of stock options	636	6
Payment of deferred offering costs	-	63
Repurchase of unvested restricted common stock	0	1
Net cash provided by financing activities	270,533	-58
Net (decrease) increase in cash, cash equivalents, and restricted cash	196,292	-1,738
Cash and cash equivalents at beginning of period	56,910	-
Cash and cash equivalents at end of period	251,464	-

Unit: Thousand (K) dollars