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Income Statement
Balance Sheet
Cash Flow Statement
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Common Size IS
Op Efficiency
Credit Analysis

SomaLogic, Inc.

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   10-Q8-K10-Q10-Q10-K10-K10-Q10-Q
Operating activities          
Net loss  -59.0 -23.0-4.0-23.3-41.4-13.3-9.5
   
Adjustments to reconcile net loss to cash used in operating activities:          
    Stock-based compensation expense  11.5 9.58.77.7 4.83.3
    Depreciation and amortization  3.6 1.00.80.7 0.70.7
    Noncash lease expense  1.1 0.10.4    
    Change in fair value of warrant liabilities  -1.6 -14.5-12.6-1.28.1  
    Change in fair value of earn-out liability  0.0 -25.5     
    Change in fair value contingent consideration  0.5 16.5-16.5-3.85.7  
    Amortization of premium (accretion of discount) on available-for-sale securities, net  -1.1 0.00.10.1 0.10.1
    Provision (recovery) for expected credit losses  0.0 -0.10.10.0 0.00.0
    Cloud computing arrangement expenditures  -0.9 -5.3     
    Other  0.0 0.00.00.0 0.00.0
    Changes in operating assets and liabilities:          
        Accounts receivable  -5.0 8.3-5.0-2.4 1.42.6
        Inventory  -6.9 -6.1-1.9-0.9 0.8-0.7
        Deferred costs of services  0.9 0.00.50.4 -0.60.4
        Prepaid expenses and other current assets  1.0 0.5-0.50.3 -0.1-0.4
        Other long-term assets    1.3-0.1    
        Accounts payable  -3.7 1.32.24.5 -0.81.0
        Deferred revenue  1.2 2.629.2-1.2 1.60.9
        Accrued and other liabilities  -9.8 2.9-5.54.5 1.7-2.6
        Operating lease liabilities  -1.2 -1.3     
            Net cash used in operating activities  -69.3 -32.2-4.1-14.5-25.0-2.7-3.9
   
Investing activities          
Purchases of property and equipment  -2.1 0.0-2.2-3.7 -0.8-0.2
Capitalized external use software development costs  -0.2       
Purchases of available-for-sale securities  -98.1 -34.4-77.9-38.0 -24.1-78.0
Proceeds from maturities of available-for-sale securities  94.3 128.7     
Proceeds from sales of available-for-sale securities  3.5       
    Net cash (used in) provided by investing activities  -2.7 8.75.6-15.1 3.5-75.7
   
Financing activities          
Proceeds from exercise of stock options and employee stock purchase plan  0.4 3.61.21.1 1.90.8
    Net cash provided by financing activities  0.4 3.61.20.4 -39.10.6
Effect of exchange rates on cash, cash equivalents and restricted cash  0.0 0.00.00.0 0.00.0
    Net decrease in cash, cash equivalents and restricted cash  -71.6 -17.2   -117.3 
   
Supplemental disclosure of non-cash investing and financing activities:          
    Capital expenditures included in accounts payable  0.6 0.00.90.0 0.80.1
    Operating lease assets obtained in exchange for lease obligations     4.1    
    Issuance of Common Stock for services     0.10.8 0.20.1
    Reconciliation of cash, cash equivalents and restricted cash          
    Cash and cash equivalents          

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