TECX: the cash flow

MyFinsight

For the year ending 2025-12-31, TECX had $113,044K increase in cash & cash equivalents over the period. -$60,286K in free cash flow.

Cash Flow	2025-12-31
Net loss	-74,151
Depreciation and amortization expense	1,375
Stock-based compensation expense	10,497
Loss on sale of property and equipment	-153
Reduction in the carrying amount of the operating right-of-use assets	2,118
Change in fair value of safe liabilities	0
Prepaid expenses and other current assets	-2,644
Othernon-currentassets	-17
Accounts payable	116
Accrued expenses and other current liabilities	-552
Operating lease liabilities	-2,295
Net cash used in operating activities	-60,078
Purchase of property and equipment	208
Proceeds from the sale of property and equipment	70
Net cash used in investing activities	-138
Proceeds from the private placement, net of offering costs of 11,928	173,098
Proceeds from the subscription agreement, net of offering costs of 2,000	0
Cash acquired in connection with the merger, net of transaction costs of 7,412	0
Proceeds from exercise of stock options	1,231
Payments for employee taxes related to net share settlement of equity awards	17
Payment of deferred offering costs	-468
Repayment of finance lease obligations	489
Net cash provided by financing activities	173,355
Effect of exchange rate changes on cash and cash equivalents	-95
Net increase in cash and cash equivalents and restricted cash	113,044
Cash and cash equivalents and restricted cash as of beginning of period	141,826
Cash and cash equivalents and restricted cash as of end of period	254,870

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