Stoke Therapeutics Inc
For the period ended Dec 31, 2023. Filed Mar 25, 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 25, 2024
STOK$27.21-1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated statements of cash flows
Consolidated statements of cash flows
(in thousands)
| Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Cash flows from operating activities: | ||
| Net loss | $(104,699) | $(101,067) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation | 2,469 | 1,546 |
| Amortization and accretion of marketable securities | (325) | (211) |
| Stock-based compensation | 25,257 | 22,854 |
| Loss on disposal of property and equipment | 1 | — |
| Reduction in the carrying amount of right of use assets | 2,260 | 1,989 |
| Changes in assets and liabilities: | ||
| Prepaid expenses and other current assets | 529 | (5,183) |
| Accounts payable, accrued liabilities, and operating leases | (3,208) | (3,530) |
| Deferred revenue | (3,351) | 51,736 |
| Net cash used in operating activities | (81,067) | (31,866) |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (1,616) | (3,962) |
| Purchases of marketable securities | — | (201,320) |
| Sales of marketable securities | 107,562 | 159,400 |
| Net cash provided by (used in) investing activities | 105,946 | (45,882) |
| Cash flows from financing activities: | ||
| Proceeds from issuance of common stock upon exercise of stock options | 371 | 494 |
| Proceeds from Employee Stock Purchase Plan | 555 | 570 |
| Proceeds from controlled equity offering sales agreement | 52,081 | 45,344 |
| Other | — | 1 |
| Net cash provided by financing activities | 53,007 | 46,409 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 77,886 | (31,339) |
| Cash, cash equivalents and restricted cash—beginning of year | 114,125 | 145,464 |
| Cash, cash equivalents and restricted cash—end of year | $192,011 | $114,125 |
| Supplemental Disclosure of Non-Cash Investing and Financing Activities: | ||
| Right-of-use assets recognized in exchange for operating leases | $4,118 | $1,802 |
| Property and equipment included in accrued expense and accounts payable | $— | $121 |
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