WVE: 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	-151,199	-97,347
Amortization of right-of-use assets	3,994	2,620
Depreciation of property and equipment	2,596	1,740
Share-based compensation expense	17,621	11,149
Accounts receivable	8,578	195
Prepaid expenses	-2,891	-2,844
Other assets	-4,766	81
Accounts payable	-1,717	-1,776
Accrued expenses and other current liabilities	-4,594	-8,055
Deferred revenue	-13,865	-16,257
Operating lease liabilities	-5,632	-3,693
Net cash used in operating activities	-153,717	-109,051
Purchases of property and equipment	719	471
Net cash used in investing activities	-719	-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	42,573	12,361
Proceeds from the exercise of share options	5,086	3,045
Proceeds from the espp	881	442
Net cash provided by financing activities	48,540	15,848
Effect of foreign exchange rates on cash, cash equivalents, and restricted cash	72	101
Net (decrease) increase in cash, cash equivalents, and restricted cash	-105,824	-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 (except for numbers of shares and EPS)

WVE: the cashflow