MeiraGTx Holdings plc
For the period ended Dec 31, 2025. Filed Mar 30, 2026.
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FY2025 · Filed Mar 30, 2026
MGTX$9.49+5.4%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
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · For the Years Ended December 31, | ||||||
| · · 2025 · · 2024 | ||||||
| Cash flows from operating activities: · · · · | ||||||
| Net loss | | $(114,201) | | $(147,791) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | | | | | ||
| Share-based compensation expense | | 22,105 | | 25,191 | ||
| Foreign currency (gain) loss | | (2,146) | | 2,886 | ||
| Depreciation and amortization | | 12,542 | | 12,828 | ||
| Change in right-of-use assets | | | 6,581 | | | 4,006 |
| Gain on termination of lease liabilities | | | (1,465) | | | (172) |
| Loss on disposal of equipment, furniture and fixtures | | | 355 | | | 9 |
| Loss on equity method investment | | | — | | | 17 |
| Amortization of interest on asset retirement obligations | | 153 | | 209 | ||
| Amortization of debt discount | | | 1,117 | | | 1,103 |
| Acquired in-process research and development | | | 568 | | | — |
| Gain on sale of nonfinancial assets | | | — | | | (28,434) |
| (Increase) decrease in operating assets: | | | | | | |
| Accounts receivable - related party | | | (2,337) | | | 6,325 |
| Contract assets - related party | | | 986 | | | (954) |
| Inventory | | | 428 | | | (387) |
| Prepaid expenses | | 720 | | (1,328) | ||
| Tax incentive receivable | | | (5,916) | | | 4,055 |
| Other current assets | | (365) | | (2,302) | ||
| Other assets, net | | | (159) | | | 759 |
| Increase (decrease) in operating liabilities: | | | | | ||
| Accounts payable | | (12,313) | | 10,738 | ||
| Accrued expenses | | 4,409 | | (13,959) | ||
| Change in lease liabilities | | | (6,235) | | | (3,990) |
| Other current liabilities | | 49,545 | | 32 | ||
| Deferred revenue - related party | | (731) | | 26,664 | ||
| Net cash used in operating activities | | (46,359) | | (104,495) | ||
| | | | | | | |
| Cash flows from investing activities: | | | | | ||
| Purchase of property, plant and equipment | | (3,826) | | (4,955) | ||
| Acquisition of in-process research and development assets | | | (410) | | | — |
| Proceeds from sale of equipment, furniture and fixtures | | | 129 | | | — |
| Proceeds from sale of nonfinancial assets | | | — | | | 28,434 |
| Net cash (used in) provided by investing activities | | (4,107) | | 23,479 | ||
| | | | | | | |
| Cash flows from financing activities: | | | | | ||
| Exercise of share options | | 257 | | — | ||
| Payments of withholdings on shares withheld for income taxes | | | (2,991) | | | (2,340) |
| Payments on lease obligations - financing leases | | (29) | | — | ||
| Proceeds from the issuance of ordinary shares | | 15,074 | | 59,390 | ||
| Issuance costs in connection with ordinary shares | | (39) | | (2,516) | ||
| Net cash provided by financing activities | | 12,272 | | 54,534 | ||
| | | | | | | |
| Net decrease in cash, cash equivalents and restricted cash | | (38,194) | | (26,482) | ||
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | | 719 | | 1,501 | ||
| Cash, cash equivalents and restricted cash at beginning of the year | | 105,668 | | 130,649 | ||
| Cash, cash equivalents and restricted cash at end of the year | | $68,193 | | $105,668 | ||
| | | | | | | |
| Supplemental disclosure of non-cash transactions: | | | | | ||
| Fixed asset acquisitions included in accounts payable and accrued expenses | | $1,280 | | $851 | ||
| Right-of-use assets obtained in exchange for lease liabilities | | $8,721 | | $— | ||
| Change in estimate of asset retirement obligation | | $1,676 | | $345 | ||
| Reversal of issuance costs | | $50 | | $— | ||
| Supplemental disclosure of cash flow information: | | | | | ||
| Cash paid for interest | | $11,036 | | $12,029 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.