Nkarta Inc
For the period ended Dec 31, 2023. Filed Mar 21, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 21, 2024
NKTX$1.59-8.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Cash Flows
(In thousands)
| Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Cash flows from operating activities: | ||
| Net loss | $(117,501) | $(113,837) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Share-based compensation expense | 17,199 | 16,856 |
| Depreciation and amortization expense | 5,869 | 2,637 |
| Accretion of discount and amortization of premium on investments, net | (8,940) | (818) |
| Non-cash lease expense | 2,222 | 3,935 |
| Realized (gain) loss on investments | (34) | 490 |
| Impairment of right-of-use assets | 4,100 | — |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other assets | 1,716 | (1,489) |
| Operating lease liabilities | 4,986 | 32,469 |
| Accounts payable and accrued and other liabilities | 4,223 | 2,757 |
| Net cash used in operating activities | (86,160) | (57,000) |
| Cash flows from investing activities: | ||
| Purchases of investments | (260,233) | (385,887) |
| Proceeds from sales and maturities of investments | 367,395 | 248,309 |
| Purchase of property and equipment | (28,147) | (47,111) |
| Net cash provided by (used in) investing activities | 79,015 | (184,689) |
| Cash flows from financing activities: | ||
| Proceeds from secondary offering, net of issuance costs | — | 215,611 |
| Proceeds from ATM offering, net of issuance costs | — | 1,559 |
| Proceeds from ESPP purchases | 530 | 445 |
| Proceeds from stock option exercises | 161 | 1,397 |
| Net cash provided by financing activities | 691 | 219,012 |
| Net decrease in cash and cash equivalents | (6,454) | (22,677) |
| Cash, cash equivalents and restricted cash at beginning of year | 40,237 | 62,914 |
| Cash, cash equivalents and restricted cash at end of year | $33,783 | $40,237 |
| Reconciliation of cash, cash equivalents and restricted cash to the balance sheets: | ||
| Cash and cash equivalents | $31,040 | $37,494 |
| Restricted cash | 2,743 | 2,743 |
| Total cash, cash equivalents and restricted cash | $33,783 | $40,237 |
| Supplemental disclosures of non-cash investing activities: | ||
| Acquisitions of property and equipment recorded in accounts payable and accrued and other current liabilities | $268 | $4,579 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.