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Income Statement
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Cash Flow Statement

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Morphic Holding, Inc. (MORF)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Statement of Cash Flows [Abstract]          
Cash flows from operating activities:          
    Net loss   -51.1-105.7-95.5-91.9-61.5-49.5-45.0
    Adjustments to reconcile net loss to net cash used in operating activities:          
        Depreciation and amortization   1.01.01.01.01.11.11.1
        Discount accretion and premium amortization on marketable securities   2.11.71.20.60.30.40.5
        Equity‑based compensation   25.823.521.218.615.813.011.1
        Change in operating assets and liabilities:          
            Accounts receivable   0.30.75.0-1.02.20.9-3.8
            Prepaid expenses and other current assets   -4.1-1.1-4.0-1.6-1.7-2.8-0.8
            Other assets   -0.1-0.10.10.10.10.10.1
            Accounts payable   -1.41.21.00.01.4-2.3-1.1
            Accrued expenses   2.01.61.51.0-0.31.43.5
            Deferred revenue   -70.9-14.3-14.8-3.9-6.2-9.5-11.5
                Net cash used in operating activities   -96.1-91.2-83.5-77.3-49.0-47.4-46.0
   
Cash flows from investing activities:          
    Purchases of marketable securities   -309.3-277.0-244.2-274.0 -148.4-145.3
    Proceeds from maturities of marketable securities   80.665.1132.0 185.0207.0154.0
    Purchases of property and equipment   -0.9-1.0-1.0-0.6-0.4-0.3-0.5
        Net cash used in investing activities   -229.6-213.0-113.2-129.736.258.38.2
   
Cash flows from financing activities:          
    Proceeds from issuance of common shares and pre-funded warrants through the private placement      17.4   
    Proceeds from issuance of common shares under Employee Stock Purchase Plan    1.1 1.1 1.7 
    Proceeds from issuance of common shares, net      17.4   
    Proceeds from issuance of common shares upon stock option exercises   9.09.19.510.37.15.93.5
        Net cash provided by financing activities   67.828.4266.3293.3279.0278.138.3
   
Non-cash activities:          
    Purchases of property and equipment included in accounts payable and accrued expenses   0.4  0.20.00.00.0
    Amounts from exercise of stock options included in prepaid expenses and other current assets   0.0-0.1  0.00.1 
    Unpaid issuance costs for the at-the-market and secondary offerings included in accounts payable and accrued expenses   0.1      

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