Atea Pharmaceuticals Inc
For the period ended Mar 31, 2024. Filed May 14, 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 14, 2024
AVIR$4.20-4.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(in thousands)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net loss | $(63,169) | $(35,467) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Stock-based compensation expense | 12,586 | 12,535 |
| Depreciation and amortization expense | 104 | 104 |
| Accretion of premium and discounts on marketable securities | (3,488) | (3,087) |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other current assets | 5,076 | 2,311 |
| Other assets | — | (197) |
| Accounts payable | 16,885 | (1,851) |
| Accrued expenses and other liabilities | (7,815) | (4,157) |
| Operating lease liabilities | (44) | (41) |
| Net cash used in operating activities | (39,865) | (29,850) |
| Cash flows from investing activities | ||
| Purchases of marketable securities | (167,196) | (156,626) |
| Sales and maturities of marketable securities | 223,998 | 181,106 |
| Net cash provided by investing activities | 56,802 | 24,480 |
| Cash flows from financing activities | ||
| Proceeds from issuance of common stock under ESPP | 150 | 165 |
| Net cash provided by financing activities | 150 | 165 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 17,087 | (5,205) |
| Cash, cash equivalents and restricted cash at the beginning of period | 143,823 | 188,658 |
| Cash, cash equivalents and restricted cash at the end of period | $160,910 | $183,453 |
| Cash, cash equivalents and restricted cash at the end of period: | ||
| Cash and cash equivalents | $160,910 | $183,255 |
| Restricted cash | — | 198 |
| Total cash, cash equivalents and restricted cash | $160,910 | $183,453 |
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