For the quarter ending 2026-03-31, SEER had $33K increase in cash & cash equivalents over the period. -$15,705K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 2,793 | 4,201 | 4,121 | - |
| Cost of revenue | 1,811 | 2,018 | 2,011 | - |
| Gross profit | 982 | 2,183 | 2,110 | - |
| Total operating expenses | 18,238 | 19,568 | 21,456 | - |
| Interest income | 2,225 | 2,548 | 2,765 | - |
| Loss on equity method investment | -1,728 | -1,084 | -1,419 | - |
| Other expense | 68 | 45 | 965 | - |
| Provision for income taxes | 10 | 28 | 24 | - |
| Net loss attributable to common stockholders | -16,837 | -15,994 | -18,234 | -39,372 |
| Stock-based compensation | 2,127 | 3,286 | 3,593 | 8,535 |
| Depreciation and amortization | 1,527 | 1,507 | 1,455 | 3,142 |
| Loss on disposal of property and equipment | -21 | -28 | -175 | -811 |
| Non-cash operating lease expense | - | -8 | -2 | 1 |
| Net amortization of premium on available-for-sale securities | 767 | -325 | 645 | 821 |
| Provision for inventory excess and obsolescence | -10 | 61 | 0 | 87 |
| Non cash operating lease expense (benefit) | -26 | - | - | - |
| Loss on equity method investment | -1,728 | -1,084 | -1,419 | -3,416 |
| Accounts receivable, net | -1,696 | 795 | -557 | -515 |
| Prepaid expenses and other assets | 660 | 5 | -793 | -782 |
| Inventory | 378 | 477 | 1,181 | 1,243 |
| Accounts payable | -3,005 | 1,262 | 1,619 | -1,819 |
| Deferred revenue | -7 | -145 | -54 | 132 |
| Accrued liabilities and other liabilities | -2,378 | -286 | 1,649 | -1,883 |
| Net cash used in operating activities | -15,435 | -10,807 | -7,566 | -26,075 |
| Purchases of property and equipment | 270 | 292 | 283 | 1,222 |
| Proceeds from disposal of property and equipment | 0 | 0 | 240 | 406 |
| Purchases of available-for-sale securities | 48,452 | 27,365 | 45,631 | 100,174 |
| Proceeds from maturities of available-for-sale securities | 68,257 | 40,633 | 64,217 | 132,964 |
| Purchase of equity security | 1,459 | 0 | 1,945 | - |
| Net cash provided by investing activities | 18,076 | 12,976 | 16,598 | 31,974 |
| Proceeds from exercise of class a common stock options | 14 | 10 | 23 | 23 |
| Proceeds from issuance of class a common stock in connection with employee stock purchase plan | - | 191 | 0 | 211 |
| Repurchases of class a common stock under share repurchase program | 2,622 | 58 | 2,013 | 8,128 |
| Taxes paid related to net settlement of restricted stock units | 0 | 0 | 0 | 827 |
| Net cash used in financing activities | -2,608 | 143 | -1,990 | -8,721 |
| Net increase in cash, cash equivalents and restricted cash | 33 | 2,312 | 7,042 | -2,822 |
| Cash, cash equivalents and restricted cash, beginning of period | 47,809 | 45,497 | 41,277 | - |
| Cash, cash equivalents and restricted cash, end of period | 47,842 | 47,809 | 45,497 | - |
Seer, Inc. (SEER)
Seer, Inc. (SEER)