SION: the cashflow

MyFinsight

For the quarter ending 2025-09-30, SION had $9,846K increase in cash & cash equivalents over the period. -$15,317K in free cash flow.

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

Cash Flow	2025-09-30	2025-06-30
Net loss	-20,278	-34,550
Stock-based compensation expense	3,306	4,934
Non-cash operating lease expense	490	981
Amortization of discount on marketable securities	836	1,863
Non-cash expense related to ipr&d acquisition	0	-
Depreciation expense	189	306
Prepaid expenses and other current assets	-177	720
Accounts payable	567	-272
Accrued expenses and other current liabilities	1,684	-2,201
Operating lease liabilities	-529	-1,056
Other assets	0	0
Net cash used in operating activities	-15,230	-34,441
Purchases of property and equipment	87	86
Purchases of marketable securities	54,136	228,011
Maturities of marketable securities	77,325	63,658
Net cash used in investing activities	23,102	-164,439
Proceeds from initial public offering, net of underwriter discounts, commissions and offering costs paid during the period	0	202,071
Proceeds from issuance of series c convertible preferred stock, net of issuance costs	0	0
Payment of deferred offering costs	0	-
Exercise of common stock options	1,974	6
Net cash provided by financing activities	1,974	202,077
Net increase (decrease) in cash, cash equivalents and restricted cash	9,846	3,197
Cash and cash equivalents at beginning of period	38,750	-
Cash and cash equivalents at end of period	51,793	-

Unit: Thousand (K) dollars