LENSAR, Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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FY2025 · Filed Mar 31, 2026
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, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities | ||
| Net loss | $(34,280) | $(31,404) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation | 3,581 | 2,961 |
| Amortization of intangible assets | 921 | 970 |
| Impairment of intangible assets | — | 3,729 |
| Non-cash operating lease cost | 541 | 539 |
| Provision for expected credit losses | (53) | 65 |
| Write-down of inventory | — | 94 |
| Loss on disposal of property and equipment | 58 | — |
| Stock-based compensation expense | 3,143 | 2,665 |
| Change in fair value of warrant liabilities | 10,338 | 21,399 |
| Amortization on investments, net | (181) | (250) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (211) | (2,189) |
| Notes receivable | 500 | 87 |
| Prepaid and other current assets | 1,015 | 751 |
| Inventories | (13,899) | (4,899) |
| Accounts payable | 12,987 | 1,956 |
| Accrued liabilities | (341) | 1,219 |
| Deferred revenue | 1,610 | 675 |
| Operating lease liabilities | (511) | (559) |
| Other | (49) | (84) |
| Net cash used in operating activities | (14,831) | (2,275) |
| Cash flows from investing activities | ||
| Purchase of property and equipment | (83) | (156) |
| Purchase of investments | (11,878) | (10,245) |
| Maturities of investments | 13,245 | 8,240 |
| Net cash provided by (used in) investing activities | 1,284 | (2,161) |
| Cash flows from financing activities | ||
| Proceeds from acquisition-related deposit | 10,000 | — |
| Proceeds from issuance of common stock under employee stock purchase plan | 590 | 306 |
| Proceeds from issuance of common stock through option exercises | 93 | 58 |
| Net settlement of stock-based compensation awards | (425) | (188) |
| Payment of accrued offering costs allocable to preferred stock | — | (98) |
| Net cash provided by financing activities | 10,258 | 78 |
| Net decrease in cash and cash equivalents | (3,289) | (4,358) |
| Cash and cash equivalents at beginning of the year | 16,263 | 20,621 |
| Cash and cash equivalents at end of the year | $12,974 | $16,263 |
STATEMENTS OF CASH FLOWS, continued
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Supplemental cash flow information | ||
| Cash paid for taxes | $42 | $24 |
| Supplemental schedule of non-cash investing and financing activities | ||
| Transfer from Inventories to Equipment under lease, net | $5,114 | $9,066 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.