SPRB: the cash flow

MyFinsight

For the quarter ending 2026-03-31, SPRB had $5,174K increase in cash & cash equivalents over the period. -$8,742K in free cash flow.

Cash Flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Net loss	-12,266	-14,646	-24,320	-
Stock-based compensation expense	689	1,692	882	-
Depreciation and amortization	252	5	16	-
Non-cash lease expense	71	69	199	-
Loss on disposal of property and equipment	-	0	0	-
Change in fair value of warrant and conversion option liabilities	91	4,017	-517	-
Prepaid expenses and other current assets	-2,054	-841	-1,606	-
Other assets	-64	0	0	-
Accounts payable	1,700	-443	91	-
Accrued expenses and other current liabilities	-1,300	1,808	-4,310	-
Deferred revenue	-	0	0	-
Other liabilities	-87	201	-518	-
Net cash used in operating activities	-8,732	-6,456	-26,871	-
Proceeds from exercise of pre-funded warrants	-	40	-	-
Purchases of property and equipment	10	-	-	-
Proceeds from exercise of common stock options	-	5	0	-
Proceeds from issuance of common stock and warrants	-	50,000	-	-
Net cash used in investing activities	-10	-	-	-
Proceeds from issuance of common stock related to employee stock purchase plan	-	22	3	-
Proceeds from debt, gross	14,146	-	-	-
Repayment of debt	0	841	1,216	-
Payment of debt and equity offering costs	220	3,701	-	-
Tax withholding payments on restricted stock units	10	831	0	-
Net cash provided by (used in) financing activities	13,916	44,694	-1,213	-
Restricted cash	-	-	-	35
Net increase (decrease) in cash, cash equivalents, and restricted cash	5,174	38,238	-28,084	-
Cash and cash equivalents, at carrying value, ending balance	-	-	-	16,387
Cash, cash equivalents, and restricted cash at beginning of period	48,942	10,704	16,422	-
Cash, cash equivalents, and restricted cash at end of period	54,116	48,942	10,704	16,422

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