WVE: the cashflow

MyFinsight

For the quarter ending 2025-09-30, WVE had -$12,251K decrease in cash & cash equivalents over the period. -$44,914K in free cash flow.

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

Cash Flow	2025-09-30	2025-06-30
Net loss	-53,852	-97,347
Amortization of right-of-use assets	1,374	2,620
Depreciation of property and equipment	856	1,740
Share-based compensation expense	6,472	11,149
Accounts receivable	8,383	195
Prepaid expenses	-47	-2,844
Other assets	-4,847	81
Accounts payable	59	-1,776
Accrued expenses and other current liabilities	3,461	-8,055
Deferred revenue	2,392	-16,257
Operating lease liabilities	-1,939	-3,693
Net cash used in operating activities	-44,666	-109,051
Purchases of property and equipment	248	471
Net cash used in investing activities	-248	-471
Proceeds from the issuance of ordinary shares, net of offering costs	0	-
Proceeds from the issuance of pre-funded warrants, net of offering costs	0	-
Proceeds from issuance of ordinary shares pursuant to the at-the-market equity program, net of offering costs	30,212	12,361
Proceeds from the exercise of share options	2,041	3,045
Proceeds from the espp	439	442
Net cash provided by financing activities	32,692	15,848
Effect of foreign exchange rates on cash, cash equivalents, and restricted cash	-29	101
Net (decrease) increase in cash, cash equivalents, and restricted cash	-12,251	-93,573
Cash and cash equivalents at beginning of period	305,838	-
Cash and cash equivalents at end of period	200,014	-

Unit: Thousand (K) dollars