VRCA: 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
Total revenue	30,485	-
Selling, general and administrative	27,103	-
Research and development	6,335	-
Cost of revenue	2,040	-
Other segment items	4,819	-
Net loss	-9,812	-
Depreciation expense	-	100
Stock-based compensation	2,632	1,914
Depreciation expense	119	96
Non-cash interest expense	2,075	1,359
Loss on disposal of fixed assets	-246	-178
Net loss	-	-9,538
Loss on termination of financing lease	-3	-4
Amortization of operating lease right-of-use asset	220	146
Amortization of finance lease right-of-use asset	252	165
Non-cash accretion of r&d funding liability	375	-
Change in fair value of derivative liability	886	852
Prepaid expenses and other assets	1,276	-818
Collaboration receivable, billed and unbilled	253	8,149
Inventory	-159	59
Accounts payable	-311	425
Deferred revenue	1,564	481
Accounts receivable	6,999	9,145
Accrued expenses and other current liabilities	-911	-410
Operating lease liability	-233	-154
Net cash used in operating activities	-13,036	-22,721
Purchases of property and equipment	0	0
Net cash used in investing activities	0	0
Proceeds from exercise of stock options	0	0
Payment of debt amendment fees	0	0
Repayment of debt	11,919	8,029
Repayment of finance lease	277	183
Payment of equity issuance costs	0	-
Net cash used in financing activities	-12,196	-8,212
Net decrease in cash and cash equivalents	-25,232	-30,933
Cash and cash equivalents at beginning of period	46,329	-
Cash and cash equivalents at end of period	21,097	-

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

VRCA: the cashflow