SeaStar Medical Holding Corp
For the period ended Mar 31, 2024. Filed May 14, 2024.
View on SEC.govAbout this filing
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 14, 2024
ICU$1.90-3.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows (Unaudited)
Condensed Consolidated Statements of Cash Flows
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net loss | $(12,697) | $(7,096) |
| Adjustments to reconcile net loss to net cash used in operating activities | ||
| Amortization of deferred financing costs | 27 | 4 |
| Change in fair value of convertible notes (issued, converted and outstanding) | 5,758 | 2,218 |
| Change in fair value of forward purchase agreement derivative liability | — | (100) |
| Change in fair value of liability classified warrants (exercised and outstanding) | 2,846 | (36) |
| Stock-based compensation | 434 | 505 |
| Changes in operating assets and liabilities | ||
| Other receivables | — | 12 |
| Prepaid expenses | 614 | 318 |
| Other assets | 2 | — |
| Accounts payable | (493) | 1,095 |
| Accrued expenses | 21 | — |
| Other liabilities | — | 786 |
| Net cash used in operating activities | (3,488) | (2,294) |
| Cash flows from financing activities | ||
| Proceeds from issuance of convertible notes | 979 | 3,000 |
| Payment of convertible notes | — | (10) |
| Proceeds from issuance of shares | 4,543 | 1,108 |
| Proceeds from exercise of convertible note warrants | 853 | — |
| Proceeds of Pre-Funded warrants | 3,769 | — |
| Payment of commitment fee - equity line of credit | — | (500) |
| Proceeds from sale of recycled shares | — | 1,870 |
| Proceeds from notes payable | — | 100 |
| Payment of notes payable | (1,813) | (2,596) |
| Net cash provided by financing activities | 8,331 | 2,972 |
| Net increase in cash | 4,843 | 678 |
| Cash, beginning of period | 176 | 47 |
| Cash, end of period | $5,019 | $725 |
| Supplemental disclosure of cash flow information | ||
|---|---|---|
| Cash paid for interest | $— | $508 |
| Exercise of pre-funded warrants | $3,106 | $— |
| Shares issued as payment of convertible notes | $9,387 | $— |
| Issuance of convertible note warrants | $586 | $500 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.