Seer, Inc.
For the period ended Dec 31, 2025. Filed Mar 2, 2026.
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FY2025 · Filed Mar 2, 2026
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, | ||
|---|---|---|
| 2025 | 2024 | |
| OPERATING ACTIVITIES | ||
| Net loss | $(73,600) | $(86,599) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Stock-based compensation | 15,414 | 28,207 |
| Depreciation and amortization | 6,104 | 6,176 |
| Loss on disposal of property and equipment | 1,014 | 279 |
| Net amortization of premium on available-for-sale securities | 1,141 | 3,053 |
| Provision for inventory excess and obsolescence | 148 | 179 |
| Non-cash operating lease expense | (9) | 91 |
| Loss on equity method investment | 5,919 | 2,649 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | 277 | 487 |
| Prepaid expenses and other assets | 1,570 | (92) |
| Inventory | (2,901) | (2,668) |
| Accounts payable | 1,062 | 3,355 |
| Deferred revenue | (67) | 202 |
| Accrued liabilities and other liabilities | (520) | (1,428) |
| Net cash used in operating activities | (44,448) | (46,109) |
| INVESTING ACTIVITIES | ||
| Purchases of property and equipment | (1,797) | (3,584) |
| Proceeds from disposal of property and equipment | 646 | 343 |
| Purchases of available-for-sale securities | (173,170) | (262,926) |
| Proceeds from maturities of available-for-sale securities | 237,814 | 342,025 |
| Purchase of equity security | (1,945) | (10,000) |
| Net cash provided by investing activities | 61,548 | 65,858 |
| FINANCING ACTIVITIES | ||
| Proceeds from exercise of Class A common stock options | 56 | — |
| Repurchases of Class A common stock under share repurchase program | (10,199) | (11,816) |
| Taxes paid related to net settlement of restricted stock units | (827) | — |
| Proceeds from issuance of Class A common stock in connection with employee stock purchase plan | 402 | 321 |
| Net cash used in financing activities | (10,568) | (11,495) |
| Net increase in cash, cash equivalents and restricted cash | 6,532 | 8,254 |
| Cash, cash equivalents and restricted cash, beginning of period | 41,277 | 33,023 |
| Cash, cash equivalents and restricted cash, end of period | $47,809 | $41,277 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||
| Cash paid for income taxes | $182 | $154 |
| SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES | ||
| Capitalized stock-based compensation related to internal-use software development | $169 | $220 |
| Property and equipment purchases included in accounts payable and accrued expenses | $131 | $248 |
| Inventory transferred to property and equipment | $2,456 | $242 |
| Property and equipment transferred to inventory | $62 | $699 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.