ALX ONCOLOGY HOLDINGS INC
For the period ended Mar 31, 2025. Filed May 8, 2025.
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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.
Mar 31, 2025 · Filed May 8, 2025
ALXO$1.11-13.6%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)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2025 | 2024 | |
| Operating activities | ||
| Net loss | $(30,754) | $(35,581) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 211 | 214 |
| Non-cash lease costs | 478 | 449 |
| Stock-based compensation | 5,216 | 7,031 |
| Net accretion of discounts on investments | (526) | (1,553) |
| Accretion of term loan discount and issuance costs | 67 | 64 |
| Loss on disposal of fixed asset | — | 10 |
| Changes in operating assets and liabilities | ||
| Prepaid expenses and other current assets | 1,894 | (4,504) |
| Other assets | 12 | 149 |
| Accounts payable | (556) | (2,326) |
| Payable and accrued liabilities due to related party | (101) | (168) |
| Accrued expenses and other current liabilities | (97) | (1,079) |
| Other non-current liabilities | (507) | (630) |
| Net cash used in operating activities | (24,663) | (37,924) |
| Investing activities | ||
| Purchase of investments | (15,775) | (31,285) |
| Maturities of investments | 43,480 | 57,906 |
| Purchase of property and equipment | (60) | (148) |
| Net cash provided by investing activities | 27,645 | 26,473 |
| Financing activities | ||
| Proceeds from ATM offering, net of commissions | 372 | 3,024 |
| Proceeds from exercise of stock options under equity incentive plan | — | 237 |
| Principal payments on finance leases | (307) | (175) |
| Net cash provided by financing activities | 65 | 3,086 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 3,047 | (8,365) |
| Cash, cash equivalents and restricted cash at beginning of year | 17,633 | 22,472 |
| Cash, cash equivalents and restricted cash at end of period | $20,680 | $14,107 |
| Supplemental disclosure of non-cash investing and financing activities | ||
| Purchase of property and equipment in accounts payable and accrued expenses | $1,107 | $1,335 |
| Reconciliation of cash and cash equivalents and restricted cash: | ||
| Cash and cash equivalents | $20,614 | $14,041 |
| Restricted cash (included in other assets) | 66 | 66 |
| Total cash, cash equivalents and restricted cash | $20,680 | $14,107 |
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