Oric Pharmaceuticals Inc
For the period ended Mar 31, 2024. Filed May 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 6, 2024
ORIC$9.23+4.6%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)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net loss | $(25,011) | $(23,945) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation | 261 | 253 |
| Stock-based compensation expense | 4,958 | 3,614 |
| Accretion of discount on investments, net | (2,227) | (861) |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other assets | (2,409) | 1,103 |
| Accounts payable and accrued other liabilities | (5,758) | (792) |
| Net cash used in operating activities | (30,186) | (20,628) |
| Cash flows from investing activities: | ||
| Acquisitions of property and equipment | (218) | (310) |
| Purchases of investments | (114,395) | (43,387) |
| Maturities of investments | 52,745 | 56,475 |
| Net cash (used in) provided by investing activities | (61,868) | 12,778 |
| Cash flows from financing activities: | ||
| Proceeds from issuance of common stock | 125,000 | — |
| Issuance costs associated with financings | (168) | — |
| Proceeds from stock option exercises | 198 | — |
| Net cash provided by financing activities | 125,030 | $— |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 32,976 | (7,850) |
| Cash, cash equivalents and restricted cash at beginning of period | 23,875 | 67,308 |
| Cash, cash equivalents and restricted cash at end of period | $56,851 | $59,458 |
The following table provides a reconciliation of cash, cash equivalents and restricted cash within the balance sheets to the amounts shown in the statements of cash flows above, in thousands:
| March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash and cash equivalents | $56,360 | $58,990 |
| Restricted cash included in other assets | 491 | 468 |
| Total cash, cash equivalents and restricted cash | $56,851 | $59,458 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.