IN8BIO 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
INAB$0.90-4.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Cash Flows
(In thousands)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating activities | ||
| Net loss | $(24,277) | $(22,409) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 725 | 725 |
| Non-cash stock-based compensation | 4,175 | 3,118 |
| Amortization of finance lease right-of-use assets | 625 | 656 |
| Amortization of operating lease right-of-use assets | 603 | 493 |
| Loss on disposal of construction in progress | 45 | — |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other current assets | 641 | 357 |
| Other non-current assets | (69) | — |
| Accounts payable | 211 | (1,181) |
| Accrued expenses and other current liabilities | (2,184) | 280 |
| Short-term operating lease liabilities | 101 | 76 |
| Long-term operating lease liabilities | (717) | (605) |
| Net cash used in operating activities | (20,121) | (18,490) |
| Investing activities | ||
| Purchases of property and equipment | (71) | (407) |
| Construction in progress | (83) | (121) |
| Net cash used in investing activities | (154) | (528) |
| Financing activities | ||
| Payment of deferred issuance costs | (181) | — |
| Payment of issuance costs from December 2023 issuance of common stock | (89) | — |
| Proceeds from the issuance of common stock, net of issuance costs | 3,817 | 14,317 |
| Proceeds from the exercise of Series A warrants, net of issuance costs | 25 | — |
| Principal payments on finance leases | (575) | (625) |
| Net cash provided by financing activities | 2,997 | 13,692 |
| Net decrease in cash and restricted cash | (17,278) | (5,326) |
| Cash and restricted cash at beginning of period | 21,538 | 18,434 |
| Cash and restricted cash at end of period | $4,260 | $13,108 |
| Cash, end of period | $4,001 | $12,854 |
| Restricted cash, end of period | 259 | 254 |
| Cash and restricted cash, end of period | $4,260 | $13,108 |
| Supplemental disclosure of non-cash financing and investing activities: | ||
| Initial measurement of operating lease right-of-use assets and liabilities | $714 | $536 |
| Initial measurement of finance lease right-of-use assets and liabilities | $564 | $— |
| Lease modification of operating lease right-of-use assets and liabilities | $492 | $7 |
| Transfer of construction in progress to property and equipment | $221 | $— |
| Construction in progress in accounts payable and accrued expenses | $— | $24 |
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