CRISPR Therapeutics AG
For the period ended Dec 31, 2024. Filed Feb 11, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 11, 2025
CRSP$45.15-9.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
(In thousands)
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Operating activities | |||
| Net loss | $(366,252) | $(153,610) | $(650,175) |
| Reconciliation of net loss to net cash used in operating activities: | |||
| Depreciation and amortization | 19,259 | 19,837 | 24,172 |
| Stock-based compensation | 86,567 | 81,028 | 97,947 |
| Other non-cash items, net | (38,618) | (16,545) | 12,470 |
| Acquired in-process research and development | — | 2,500 | — |
| Changes in: | |||
| Accounts receivable | 175,000 | (200,000) | 305 |
| Prepaid expenses and other assets | 5,285 | 23,219 | 1,598 |
| Accounts payable and accrued expenses | (27,283) | (20,247) | 5,164 |
| Deferred revenue | (1,949) | 5,794 | (1,011) |
| Operating lease assets and liabilities | (4,407) | (2,461) | 15,310 |
| Other liabilities, net | 9,624 | 110 | (1,521) |
| Net cash used in operating activities | (142,774) | (260,375) | (495,741) |
| Investing activities | |||
| Purchase of property, plant and equipment | (1,901) | (9,470) | (37,188) |
| Purchase of in-process research and development | — | (2,500) | — |
| Investment in equity securities | (23,183) | — | — |
| Purchases of marketable debt securities | (1,463,196) | (1,065,911) | (1,417,800) |
| Maturities of marketable debt securities | 1,207,799 | 1,452,528 | 1,196,333 |
| Net cash (used in) provided by investing activities | (280,481) | 374,647 | (258,655) |
| Financing activities | |||
| Proceeds from issuance of common shares, net of issuance costs | 300,695 | 32,721 | 970 |
| Proceeds from exercise of options and ESPP contributions, net of issuance costs | 31,289 | 29,943 | 37,622 |
| Net cash provided by financing activities | 331,984 | 62,664 | 38,592 |
| Effect of exchange rate changes on cash | (21) | 73 | (80) |
| (Decrease) increase in cash | (91,292) | 177,009 | (715,884) |
| Cash, cash equivalents and restricted cash, beginning of period | 401,068 | 224,060 | 939,944 |
| Cash, cash equivalents and restricted cash, end of period | $309,776 | $401,068 | $224,060 |
| Supplemental disclosure of non-cash investing and financing activities | |||
| Property and equipment purchases in accounts payable and accrued expenses | $154 | $725 | $2,121 |
| Equity issuance costs in accounts payable and accrued expenses | $3,371 | $417 | $99 |
| Reconciliation to amounts within the consolidated balance sheets | As of December 31, | ||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cash and cash equivalents | 298,257 | 389,477 | 211,885 |
| Prepaid expenses and other current assets | — | — | 540 |
| Restricted cash | 11,519 | 11,591 | 11,635 |
| Total | $309,776 | $401,068 | $224,060 |
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