Morphic Holding, Inc. (MORF) [Rocket]

In millions, except per share items	Jun-30-23	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Mar-31-21	Dec-31-20
	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K
Net income	-39.0	26.8	-31.5	-21.4	-25.0	-27.8	-21.3	-17.7
Depreciation and amortization		0.2	0.3	0.3	0.2	0.3	0.3	0.3
Stock-based compensation		7.6	6.8	5.6	5.8	5.3	4.4	3.0
Change in working capital [+]		-58.1	-4.2	-5.8	-5.9	4.2	-3.9	0.0
Accounts receivable		1.0	0.3	0.3	-1.3	1.4	4.6	-5.7
Other current assets		-1.2	1.2	-2.7	-1.3	1.7	-1.8	-0.2
Accounts payable		0.3	-1.3	1.8	-2.2	2.9	-1.6	0.8
Accrued expenses		1.0	-3.0	3.2	0.7	0.7	-3.1	2.7
Deferred revenues		-59.2	-1.4	-8.5	-1.8	-2.5	-1.9	2.4
Other				0.1	0.0			0.0
Other operating activities	39.0	0.6	0.5	0.7	0.3	0.1	0.1	0.0
Cash from operations	0.0	-22.8	-28.1	-20.6	-24.6	-17.9	-20.4	-14.4

Capital expenditures	0.0	0.0	0.0	-0.5	-0.4	-0.2	-0.1	-0.1
Purchases of property and equipment		0.0	0.0	-0.5	-0.4	-0.2	-0.1	-0.1
Purchases of short-term investments, net		3.3	-26.0	5.6	-211.6	20.0	73.8	-11.2
Purchases of short-term investments		-32.2	-45.1	-20.4	-211.6		-12.2	-50.2
Sales of short-term investments		35.5	19.1	26.0		20.0	86.0	39.0
Cash from investing	0.0	3.3	-26.1	5.2	-212.0	19.8	73.7	-11.3

Repurchase of common stock, net				-254.6	17.4			-6.3
Option exercises		1.6	2.1	1.6	3.7	1.7	2.5	2.3
Other cash from financing		42.5	4.7	258.9	7.8	3.2	243.1	38.3
Cash from financing	0.0	40.9	2.6	2.7	21.6	1.5	240.6	29.7

Free cash flow	0.0	-22.8	-28.2	-21.0	-24.9	-18.1	-20.4	-14.5
Per share (diluted)	$0.00	($0.58)	($0.76)	($0.59)	($0.68)	($0.50)	($0.61)	($0.47)

Cash paid for income taxes				0.0	0.0