TVRD: the cash flow

MyFinsight

For the year ending 2025-12-31, TVRD had -$10,880K decrease in cash & cash equivalents over the period.

Cash Flow	2025-12-31
Net loss	-18,214
Depreciation and amortization expense	95
Stock-based compensation expense	1,399
Change in fair value of convertible notes	-7,810
Non-cash lease expense	72
Accretion of net discounts on short-term investments	200
Interest accrued on convertible notes	651
Prepaid expenses and other assets	308
Accounts payable and accrued expenses	919
Operating lease liabilities	-103
Net cash used in operating activities	-23,499
Purchases of short-term investments	31,486
Maturities of short-term investments	21,402
Net cash used in investing activities	-10,084
Cash acquired in connection with the merger	24,992
Payments for merger transaction costs	2,821
Proceeds from exercise of stock options	532
Net cash provided by financing activities	22,703
Net (decrease) increase in cash and cash equivalents	-10,880
Cash and cash equivalents - beginning of year	31,614
Cash and cash equivalents - end of year	20,734

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