LENSAR Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
LNSR$5.46+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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STATEMENTS OF CASH FLOWS
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net loss | $(31,404) | $(14,383) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation | 2,961 | 2,418 |
| Amortization of intangible assets | 970 | 1,097 |
| Impairment of intangible assets | 3,729 | — |
| Non-cash operating lease cost | 539 | 534 |
| Provision for expected credit losses | 65 | 1 |
| Write-down of inventory | 94 | 66 |
| Loss on disposal of property and equipment | — | 7 |
| Stock-based compensation expense | 2,665 | 5,539 |
| Change in fair value of warrant liabilities | 21,399 | 2,852 |
| Amortization on investments, net | (250) | (12) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (2,189) | 2,057 |
| Notes receivable | 87 | (980) |
| Prepaid and other current assets | 751 | (1,305) |
| Inventories | (4,899) | (7,461) |
| Accounts payable | 1,956 | (1,417) |
| Accrued liabilities | 1,219 | 892 |
| Deferred revenue | 675 | 915 |
| Operating lease liabilities | (559) | (539) |
| Other | (84) | 60 |
| Net cash used in operating activities | (2,275) | (9,659) |
| Cash flows from investing activities | ||
| Purchase of property and equipment | (156) | (236) |
| Purchase of investments | (10,245) | (3,920) |
| Maturities of investments | 8,240 | — |
| Net cash used in investing activities | (2,161) | (4,156) |
| Cash flows from financing activities | ||
| Proceeds from issuance of common stock under employee stock purchase plan | 306 | 327 |
| Proceeds from issuance of common stock through option exercises | 58 | — |
| Net settlement of stock-based compensation awards | (188) | (52) |
| Proceeds from issuance of redeemable convertible preferred stock, net of offering costs | — | 13,882 |
| Proceeds from issuance of warrants | — | 5,605 |
| Payment of accrued offering costs allocable to preferred stock | (98) | — |
| Net cash provided by financing activities | 78 | 19,762 |
| Net (decrease) increase in cash and cash equivalents | (4,358) | 5,947 |
| Cash and cash equivalents at beginning of the year | 20,621 | 14,674 |
| Cash and cash equivalents at end of the year | $16,263 | $20,621 |
STATEMENTS OF CASH FLOWS, continued
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Supplemental cash flow information | ||
| Cash paid for taxes | $24 | $18 |
| Supplemental schedule of non-cash investing and financing activities | ||
| Transfer from Inventories to Equipment under lease, net | $9,066 | $3,938 |
| Transfer from (to) Inventories to (from) Property and equipment, net | $— | $(491) |
| Accrued offering costs | $— | $(135) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.