Savara Inc
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 2024
SVRA$4.92-2.6%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)
| For the nine months ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net loss | $(66,837) | $(38,599) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 98 | 45 |
| Amortization of right-of-use assets | 107 | 64 |
| Foreign currency loss | — | (64) |
| Amortization of debt issuance costs | 203 | 203 |
| Accretion on premium to short-term investments | (3,972) | (3,345) |
| Stock-based compensation | 6,824 | 2,817 |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other current assets | (3,357) | 1,142 |
| Non-current assets | (814) | (792) |
| Accounts payable and accrued expenses and other current liabilities | 1,941 | 3,071 |
| Net cash used in operating activities | (65,807) | (35,458) |
| Cash flows from investing activities: | ||
| Purchase of property and equipment | (34) | (272) |
| Purchase of available-for-sale securities, net | (172,852) | (155,415) |
| Maturity of available-for-sale securities | 115,050 | 92,000 |
| Net cash used in investing activities | (57,836) | (63,687) |
| Cash flows from financing activities: | ||
| Issuance of common stock and pre-funded warrants in underwritten public offering, net of offering costs | — | 74,874 |
| Issuance of common stock in underwritten public offering, net of offering costs | 93,799 | — |
| Issuance of common stock upon at the market offerings, net | 24,374 | — |
| Proceeds from exercise of stock options, net | 299 | 194 |
| Reimbursement of commissions from the prior issuance of common stock upon at the market sales, net | 46 | — |
| Repurchase of shares for minimum tax withholdings | (98) | (183) |
| Net cash provided by financing activities | 118,420 | 74,885 |
| Effect of exchange rate changes on cash and cash equivalents | 65 | (150) |
| Decrease in cash and cash equivalents | (5,158) | (24,410) |
| Cash and cash equivalents beginning of period | 26,585 | 52,100 |
| Cash and cash equivalents end of period | $21,427 | $27,690 |
| Supplemental disclosure of cash flow information: | ||
| Cash paid for interest | $1,619 | $1,504 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.