SGP: the cash flow

MyFinsight

For the year ending 2025-12-31, SGP had $80,090K increase in cash & cash equivalents over the period. -$33,490K in free cash flow.

Cash Flow	2025-12-31
Net loss	-39,869
Depreciation expense	612
Loss on disposal of property and equipment	-5
Non-cash lease expense	383
Gain on lease termination	518
Stock-based compensation	2,786
Change in fair value of redeemable convertible preferred stock tranche liability	1,526
Interest receivable	74
Other receivables	8
Prepaid expenses and other current assets	186
Other non-current assets	38
Accounts payable	549
Payroll-related accruals	900
Accrued expenses and other current liabilities	1,672
Lease liability	-441
Net cash used in operating activities	-32,701
Property and equipment	789
Purchases of short-term investments	17,001
Redemptions of short-term investments	5,996
Net cash (used in) provided by investing activities	-11,794
Proceeds from exercise of stock options	170
Repurchases of common stock	1,450
Gross proceeds from issuance of redeemable convertible preferred stock	127,336
Issuance costs of redeemable convertible preferred stock	288
Payments for deferred offering cost	1,183
Net cash provided by financing activities	124,585
Net increase in cash and cash equivalents	80,090
Cash and cash equivalents, beginning of year	16,268
Cash and cash equivalents, end of year	96,358

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