Scholar Rock Holding Corp (SRRK) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21
	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q
Net income	-37.9	-39.4	-39.3	-43.3	-44.0	-8.0	-35.9	-37.5
Depreciation and amortization	0.7	0.7	0.7	0.7	0.7	0.7	0.7	0.7
Stock-based compensation	6.8	6.2	6.2	7.9	6.8	6.8	6.1	6.2
Change in working capital [+]	-0.8	-9.2	5.1	9.0	1.5	-9.2	1.1	0.0
Other current assets	0.8	0.8	1.3	4.5	-0.1	-6.1	-0.7	-3.5
Accounts payable	-0.7	-0.3	2.0	-0.9	0.2	-1.6	2.2	0.6
Accrued expenses	-0.9	-9.6	1.6	5.3	1.6	-1.6	-0.5	2.9
Other	0.0	-0.1	0.2	0.0	-0.2	0.0	0.0
Other operating activities	-1.4	-1.4	-1.7	-0.8	0.3	-33.0	-4.5	-5.3
Cash from operations	-32.6	-43.1	-28.9	-26.5	-34.7	-42.6	-32.5	-36.0

Capital expenditures [+]	0.0	0.0	-0.1	0.0	-0.5	-0.4	-0.5	-1.4
Purchases of property and equipment	0.0	0.0	-0.1	0.0	-0.5	-0.4	-0.5	-1.4
Sales of property and equipment		0.0
Purchases of short-term investments, net	-15.2	90.0	0.2	-145.7	45.0	-70.1	30.0	4.7
Purchases of short-term investments	-105.2		-9.8	-210.7	0.0	-80.1		-30.3
Sales of short-term investments	90.0	90.0	10.0	65.0	45.0	10.0	30.0	35.0
Cash from investing	-15.2	90.0	0.1	-145.7	44.5	-70.6	29.5	3.3

Issuance of common stock, net	4.4	0.8		-0.5	195.8		13.1
Option exercises	0.3	0.2	0.0	0.0	0.0	0.5	1.6	1.9
Other cash from financing	0.6	0.5	-1.0	0.0	0.0	1.0	28.2	3.8
Cash from financing	4.7	1.1	-1.0	-0.5	195.8	0.5	39.7	1.9

Free cash flow	-32.6	-43.1	-29.0	-26.5	-35.2	-43.0	-33.0	-37.4
Per share (diluted)	($0.41)	($0.54)	($0.49)	($0.33)	($0.85)	($1.15)	($0.90)	($1.02)

Cash paid for interest	1.6	1.5	1.3	1.2	1.0	0.8	0.6	0.5