RAPP: the cash flow

MyFinsight

For the quarter ending 2026-03-31, RAPP had -$169,143K decrease in cash & cash equivalents over the period. $50,072K in free cash flow.

Cash Flow	2026-03-31	2025-09-30	2025-06-30
Net loss	57,863	-26,925	-50,795
Depreciation and amortization	-525	256	496
Non-cash loss on sale of property and equipment	153	-	-
Net (accretion) and amortization of investments in marketable securities	40	-204	528
Non-cash lease expense	-879	567	894
Stock-based compensation expense	-6,201	4,735	8,429
Accounts receivable	58	-	-
Prepaid expenses and other current assets	-3,424	-2,534	5,144
Other assets	-1,256	362	548
Accounts payable	1,268	-179	1,216
Accrued expenses and other current liabilities	-5,971	1,696	784
Operating lease liabilities	579	-9	111
Net cash used in operating activities	49,711	-17,465	-45,307
Purchases of short-term investments	-127,343	101,620	56,093
Sale of short-term investments	10,075	-	-
Maturities of short-term investments	-86,689	44,978	100,033
Purchases of property and equipment	-361	134	313
Net cash provided by investing activities	51,090	-56,776	43,627
Proceeds from underwritten public offering, net of underwriter discounts and commissions and deferred offering costs	-	269,834	-
Payment of deferred offering costs	210	-	63
Proceeds from exercise of stock options	167	636	6
Repurchase of unvested restricted common stock	4	0	1
Net cash provided by financing activities	-269,944	270,533	-58
Net increase in cash, cash equivalents, and restricted cash	-169,143	196,292	-1,738
Cash, cash equivalents, and restricted cash at beginning of period	251,464	56,910	-
Cash, cash equivalents, and restricted cash at end of period	78,161	251,464	-

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.