TVRD: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

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

Cash Flow	2025-09-30	2025-06-30
Net loss	-10,939	-5,412
Depreciation and amortization expense	71	47
Stock-based compensation expense	1,046	707
Change in fair value of convertible notes	-7,810	-7,810
Non-cash lease expense	53	35
Accretion of discounts on short-term investments	166	141
Interest accrued on convertible notes	651	651
Prepaid expenses and other assets	1,564	1,717
Accounts payable and accrued expenses	919	132
Operating lease liabilities	-75	-49
Net cash used in operating activities	-17,814	-13,557
Purchases of short-term investments	31,486	31,486
Maturities of short-term investments	16,402	11,053
Net cash used in investing activities	-15,084	-20,433
Cash acquired in connection with the merger	24,992	24,992
Payments for merger transaction costs	2,821	2,392
Proceeds from exercise of stock options	531	424
Net cash provided by (used in) financing activities	22,702	23,024
Net decrease in cash and cash equivalents	-10,196	-10,966
Cash and cash equivalents at beginning of period	31,614	-
Cash and cash equivalents at end of period	21,418	-

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

TVRD: the cashflow