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First Tracks Biotherapeutics, Inc. (TRAX)

First Tracks Biotherapeutics, Inc. (TRAX)

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Cash Flow Overview

Change in Cash
-$80,451K
Free Cash flow
-$31,943K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Issuance of common stock in conn...
    • Proceeds from former parent comp...
    • Proceeds from public offerings
    • Others
Negative Cash Flow Breakdown
    • Net parent investment
    • Net loss
    • Prepaid expenses and other asset...
    • Others
Cash Flow
2026-06-30
2026-03-31
Net loss
-33,374
-50,484
Depreciation and amortization
105
125
Stock-based compensation
8,319
11,503
Accretion/amortization of investments, net
-146
8
Amortization of right-of-use assets - operating
102
0
Prepaid expenses and other assets
12,359
-2,157
Accounts payable and other liabilities
5,236
4,146
Operating lease liabilities
-93
0
Net cash used in operating activities
-31,918
-32,561
Purchase of investments
0
0
Sales and maturities of investments
0
35,000
Purchases of property and equipment
25
17
Net cash provided by investing activities
-25
34,983
Issuance of common stock in connection with the spin-off
109,243
-
Proceeds from public offerings
75,200
-
Proceeds from the issuance of common stock upon the exercise of stock options
2,122
-
Proceeds from former parent company with spin-off
100,000
-
Payments for offering costs
26
-
Net parent investment
335,047
-7,851
Net cash provided by (used in) financing activities
-48,508
7,851
Net increase (decrease) in cash and cash equivalents
-80,451
10,273
Cash and cash equivalents, beginning of period
248,469
238,196
Cash and cash equivalents, end of period
168,018
248,469
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Net increase(decrease) in cash and cash...-$80,451K Issuance of common stockin connection with...$109,243K Proceeds from formerparent company with...$100,000K Proceeds from publicofferings$75,200K Proceeds from theissuance of common stock...$2,122K Stock-based compensation$8,319K Accounts payable andother liabilities$5,236K Accretion/amortization of investments,net-$146K Depreciation andamortization$105K Amortization of right-of-useassets - operating$102K Net cash provided by(used in) financing...-$48,508K Net cash used inoperating activities-$31,918K Net cash provided byinvesting activities-$25K Canceled cashflow$286,565K Canceled cashflow$13,908K Net parentinvestment$335,047K Net loss-$33,374K Purchases of property andequipment$25K Payments for offeringcosts$26K Prepaid expenses andother assets$12,359K Operating leaseliabilities-$93K