Seer Inc
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
SEER$1.61-4.2%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)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| OPERATING ACTIVITIES | ||
| Net loss | $(86,599) | $(86,277) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Stock-based compensation | 28,207 | 34,424 |
| Depreciation and amortization | 6,176 | 5,578 |
| Loss on disposal of property and equipment | 279 | 399 |
| Net amortization (accretion) of premium (discount) on available-for-sale securities | 3,053 | (11,548) |
| Provision for inventory excess and obsolescence | 179 | 872 |
| Non-cash operating lease expense | 91 | 211 |
| Loss on equity method investment | 2,649 | — |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | 487 | 302 |
| Prepaid expenses and other assets | (92) | (1,313) |
| Inventory | (2,668) | (1,948) |
| Accounts payable | 3,355 | (987) |
| Deferred revenue | 202 | 73 |
| Accrued liabilities and other liabilities | (1,428) | 1,149 |
| Net cash used in operating activities | (46,109) | (59,065) |
| INVESTING ACTIVITIES | ||
| Purchases of property and equipment | (3,584) | (7,309) |
| Proceeds from disposal of property and equipment | 343 | — |
| Purchases of available-for-sale securities | (262,926) | (403,092) |
| Proceeds from sale of available-for-sale securities | — | 2,990 |
| Proceeds from maturities of available-for-sale securities | 342,025 | 445,315 |
| Purchase of equity security | (10,000) | — |
| Net cash provided by investing activities | 65,858 | 37,904 |
| FINANCING ACTIVITIES | ||
| Repurchase of Class A common stock | — | (13) |
| Proceeds from exercise of Class A common stock options | — | 97 |
| Repurchases of Class A common stock under share repurchase program | (11,816) | — |
| Proceeds from issuance of Class A common stock in connection with employee stock purchase plan | 321 | 368 |
| Net cash (used in) provided by financing activities | (11,495) | 452 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 8,254 | (20,709) |
| Cash, cash equivalents and restricted cash, beginning of period | 33,023 | 53,732 |
| Cash, cash equivalents and restricted cash, end of period | $41,277 | $33,023 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||
| Cash paid for income taxes | $154 | $— |
| SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES | ||
| Capitalized stock-based compensation related to internal-use software development | $220 | $— |
| Property and equipment purchases included in accounts payable and accrued expenses | $248 | $415 |
| Property and equipment transferred to inventory | $699 | $121 |
| Inventory transferred to property and equipment | $242 | $1,332 |
| Prepaid expenses and other assets transferred to fixed asset | $— | $181 |
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