Third Harmonic Bio
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Third Harmonic Bio generated cash of -$20,425,000, which is more than the previous year. Cash used in financing activities reached the amount of $799,000 last year. Net change in cash is therefore -$19,795,000.
Cash Flow
| 2020 | -9.18M | 0 | 10.82M |
|---|---|---|---|
| 2021 | -15.74M | 0 | 135.74M |
| 2022 | -34.91M | -36K | 195.99M |
| 2023 | -20.42M | -169K | 799K |
THRD Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 289.31M | 128.28M | 8.27M | 6.63M |
Operating activities | ||||
Net income | -30.82M | -35.15M | -29.60M | -12.80M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 35K | 1K | 0 | 0 |
Stock-based compensation expense | 9.57M | 4.75M | 510K | 195K |
| Deferred income tax benefit | 9.57M | 4.75M | 510K | 195K |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | -249K | 290K | 1.21M | 324K |
Cash generated by operating activities | -20.42M | -34.91M | -15.74M | -9.18M |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -169K | -36K | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -169K | -36K | 0 | 0 |
Financing activities | ||||
Common Stock Issued | 799K | 198.17M | 135.74M | 10.82M |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 |
Cash used in financing activities | 799K | 195.99M | 135.74M | 10.82M |
Net Change In Cash | -19.79M | 161.03M | 120.00M | 1.63M |
Cash at end of period | 269.52M | 289.31M | 128.28M | 8.27M |
| Data source | Data source |