SGP: the cash flow

MyFinsight

For the quarter ending 2026-03-31, SGP had $142,544K increase in cash & cash equivalents over the period. -$14,220K in free cash flow.

Cash Flow	2026-03-31	2025-12-31
Net loss	-13,818	-39,869
Depreciation expense	318	612
Loss on disposal of property and equipment	-	-5
Non-cash lease expense	63	383
Gain on lease termination	-	518
Stock-based compensation	1,675	2,786
Change in fair value of redeemable convertible preferred stock tranche liability	0	1,526
Interest receivable	31	74
Other receivables	222	8
Prepaid expenses and other current assets	805	186
Other non-current assets	298	38
Accounts payable	953	549
Payroll-related accruals	-1,300	900
Accrued expenses and other current liabilities	-	1,672
Other current liabilities	-104	-
Lease liability	25	-441
Net cash used in operating activities	-13,544	-32,701
Property and equipment	676	789
Purchases of short-term investments	4,000	17,001
Redemptions of short-term investments	3,009	5,996
Net cash used in investing activities	-1,667	-11,794
Proceeds from exercise of stock options	55	170
Repurchases of common stock	-	1,450
Gross proceeds from issuance of redeemable convertible preferred stock	0	127,336
Issuance costs of redeemable convertible preferred stock	0	288
Gross proceeds from initial public offering of common stock, net of underwriting discounts and commissions	160,425	-
Payments for deferred initial public offering costs	2,725	1,183
Net cash provided by financing activities	157,755	124,585
Net increase in cash and cash equivalents	142,544	80,090
Cash and cash equivalents, beginning of period	96,358	16,268
Cash and cash equivalents, end of period	238,902	96,358

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