RLAY: the cash flow

MyFinsight

For the year ending 2025-12-31, RLAY had -$41,052K decrease in cash & cash equivalents over the period. -$235,865K in free cash flow.

Cash Flow	2025-12-31
Net loss	-276,479
Depreciation expense	3,557
Stock compensation expense	62,419
Impairment of intangible asset	2,300
Loss on disposal of property and equipment	-1,003
Net amortization of premiums and discounts on investments	4,949
Prepaid expenses and other current assets	-1,612
Operating lease assets and liabilities, net	4,272
Accounts payable and accrued expenses	-11,440
Deferred revenue	-7,679
Other liabilities	-1,527
Net cash used in operating activities	-235,455
Purchases of property and equipment	410
Purchases of investments	122,971
Proceeds from maturities and sales of investments	316,180
Net cash provided by (used in) investing activities	192,799
Proceeds from issuance of common stock through exercise of stock options	524
Proceeds from issuance of common stock via employee stock purchase plan	1,080
Net cash provided by financing activities	1,604
Net decrease in cash, cash equivalents, and restricted cash	-41,052
Cash, cash equivalents and restricted cash at beginning of period	126,406
Cash, cash equivalents and restricted cash at end of period	85,354

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