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Tarsus Pharmaceuticals, Inc.

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-Q10-Q10-Q10-Q10-K10-Q10-Q
Cash Flows From Operating Activities:          
    Net loss    -63.3-56.5-44.4-13.8-10.4-4.9
    Adjustments to reconcile net loss to net cash used in operating activities:          
        Depreciation and amortization    0.30.30.30.30.30.3
        Accretion of term loan-related costs    0.20.10.1   
        Stock-based compensation    12.010.59.88.56.74.8
        Non-cash lease expense    0.50.40.40.30.20.2
        Net amortization/accretion on marketable securities    -0.1     
        Change in fair value of equity warrants issued by licensee    0.50.81.5 1.20.9
        Unrealized gain from transactions denominated in a foreign currency     0.00.00.00.00.0
        Changes in operating assets and liabilities:          
            Accounts receivable      25.0 0.0-20.0
            Other receivables    -3.9-0.4-0.1-0.1-0.1-0.2
            Prepaid expenses    0.3-0.90.3 -0.7 
            Other non-current assets     0.0-1.0-2.3-2.8-2.4
            Accounts payable and other accrued liabilities    1.5-0.90.83.93.75.9
            Accrued payroll and benefits    1.81.31.11.81.71.2
            Other long-term liabilities    -0.1-0.1-0.10.10.20.1
                Net cash used in operating activities    -50.3-24.60.33.75.9-7.8
   
Cash Flows From Investing Activities:          
    Purchases of marketable securities    -57.0     
    Purchases of property and equipment    -0.7-0.7-0.6-0.6-0.3-0.3
        Net cash provided by (used in) investing activities    -57.7-0.7-0.6-0.6-0.3-0.3
   
Cash Flows From Financing Activities:          
    Proceeds from issuance of common stock upon follow-on public offering, net of paid issuance costs    74.474.6    
    Proceeds from sale of common stock under employee stock purchase plan     0.2    
    Proceeds from exercise of equity awards     0.5 0.2  
    Proceeds from term loan      20.0   
    Payment of term loan issuance costs     -0.9-0.8   
    Payment of deferred offering costs     -0.4-0.4-0.3  
        Net cash provided by financing activities    93.693.919.10.091.9131.7
   
Supplemental Disclosures Noncash Investing and Financing Activities:          
    Interest expense paid in cash    1.1 0.1   
    Additions of property and equipment included within accounts payable and other accrued liabilities    0.00.10.0   

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