Jasper Therapeutics Inc
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 28, 2025
JSPR$14.75-9.9%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 | |
| Cash flows used in operating activities | ||
| Net loss | $(71,269) | $(64,465) |
| Adjustments to reconcile net loss to net cash used in operating activities | ||
| Depreciation and amortization expense | 1,373 | 1,108 |
| Non-cash lease expense | 491 | 419 |
| Stock-based compensation expense | 6,619 | 5,211 |
| Change in fair value of common stock warrant liability | — | 575 |
| Change in fair value of earnout liability | — | (18) |
| Loss on disposal of property and equipment | 11 | — |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other current assets | (2,123) | 767 |
| Other receivables | — | 663 |
| Other non-current assets | 523 | (584) |
| Accounts payable | (122) | 2,381 |
| Accrued expenses and other current liabilities | 2,868 | 2,821 |
| Operating lease liability | (973) | (865) |
| Other non-current liabilities | — | (80) |
| Net cash used in operating activities | (62,602) | (52,067) |
| Cash flows used in investing activities | ||
| Purchases of property and equipment | (552) | (267) |
| Proceeds from sales of property and equipment | 20 | — |
| Net cash used in investing activities | (532) | (267) |
| Cash flows from financing activities | ||
| Proceeds from issuance of common stock through ATM and underwritten offerings, net | 47,195 | 101,479 |
| Proceeds from exercise of common stock options | 329 | 388 |
| Proceeds from issuance of common stock pursuant to Employee Stock Purchase Plan | 360 | 64 |
| Taxes withheld and paid related to net settlement of equity awards | — | (960) |
| Net cash provided by financing activities | 47,884 | 100,971 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | (15,250) | 48,637 |
| Cash, cash equivalents and restricted cash at beginning of the year | 87,304 | 38,667 |
| Cash, cash equivalents and restricted cash at end of the year | $72,054 | $87,304 |
| Supplemental and non-cash items reconciliations: | ||
| Reclassification of common stock warrant liability into additional paid-in capital | $— | $725 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.