InspireMD, Inc.
For the period ended Sep 30, 2025. Filed Nov 10, 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.
Sep 30, 2025 · Filed Nov 10, 2025
NSPR$0.78+9.3%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
(U.S. dollars in thousands)
| 2025 | 2024 | |
|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net loss | $(37,025) | $(22,831) |
| Adjustments required to reconcile net loss to net cash used in operating activities: | ||
| Depreciation | 333 | 205 |
| Gain from sale of property, plant and equipment | (15) | - |
| Changes in fair value of marketable securities, net of interest received | (178) | (757) |
| Change in liability for employees’ rights upon retirement | 371 | 99 |
| Other financial income | (113) | (8) |
| Change in operating right of use asset and operating leasing liability | 480 | (39) |
| Share-based compensation expenses | 9,484 | 7,792 |
| Loss (gain) on amounts funded in respect of employee rights upon retirement, net | (121) | 21 |
| Changes in operating asset and liability items: | ||
| Decrease (increase) in prepaid expenses | 115 | (698) |
| Decrease (increase) in trade receivables | (389) | 274 |
| Decrease (increase) in other receivables | 207 | (93) |
| Increase in inventory | (1,037) | (339) |
| Increase in trade payables | 499 | 366 |
| Increase in other payables | 1,631 | 890 |
| Net cash used in operating activities | (25,758) | (15,118) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Purchase of property, plant and equipment | (1,264) | (1,091) |
| Proceeds from sale of property, plant and equipment | 15 | - |
| Investments in marketable securities | (11,749) | (14,444) |
| Proceeds from matured marketable securities | 27,648 | 20,000 |
| Amounts funded in respect of employee rights upon retirement | (75) | (66) |
| Net cash provided by investing activities | 14,575 | 4,399 |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from exercise of warrants, net of $1,000 issuance costs | 16,855 | 16,854 |
| Proceeds from issuance of shares and pre-funded warrants, net of $3,148 and $1 issuance costs, respectively | 38,714 | 35 |
| Net cash provided by financing activities | 55,569 | 16,889 |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | 101 | 8 |
| INCREASE IN CASH AND CASH EQUIVALENTS | 44,487 | 6,178 |
| BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD | 18,916 | 9,640 |
| BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD | $63,403 | $15,818 |
| SUPPLEMENTAL NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||
| Acquisition of right-of-use assets by means of lease liabilities | 994 | - |
| Non- cash purchase of property and equipment | 101 | - |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.