RGNX: the cash flow

MyFinsight

For the year ending 2025-12-31, RGNX had -$23,060K decrease in cash & cash equivalents over the period. -$126,377K in free cash flow.

Cash Flow	2025-12-31
Net loss	-193,878
Stock-based compensation expense	34,563
Depreciation and amortization	15,615
Net accretion of discounts on marketable debt securities	5,479
Net realized gain on investments	62
Non-cash interest expense	12,901
Other non-cash adjustments	-597
Accounts receivable	7,661
Prepaid expenses	2,860
Other current assets	-658
Operating lease right-of-use assets	-6,653
Other assets	613
Accounts payable	-2,284
Accrued expenses and other current liabilities	229
Deferred revenue	29,280
Operating lease liabilities	-8,625
Other liabilities	-2,997
Net cash used in operating activities	-123,963
Purchases of marketable debt securities	332,630
Maturities of marketable debt securities	319,114
Sales of equity securities	62
Purchases of property and equipment	2,414
Net cash provided by (used in) investing activities	-15,868
Proceeds from exercise of stock options	318
Taxes paid related to net settlement of stock-based awards	633
Proceeds from issuance of common stock under employee stock purchase plan	1,048
Expenses related to at-the-market offering programs	357
Proceeds from issuance of royalty bond and warrants, net of transaction costs	144,493
Repayments under royalty monetization liabilities, net of interest	28,098
Net cash provided by financing activities	116,771
Net increase (decrease) in cash and cash equivalents and restricted cash	-23,060
Beginning of period	59,556
End of period	36,496

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