Nurix Therapeutics Inc
For the period ended Feb 29, 2024. Filed Apr 10, 2024.
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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.
Feb 29, 2024 · Filed Apr 10, 2024
NRIX$15.88-1.6%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
(in thousands)
| Three Months Ended | ||
|---|---|---|
| February 29, 2024 | February 28, 2023 | |
| Cash flows from operating activities | ||
| Net loss | $(41,518) | $(40,733) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 2,045 | 1,752 |
| Stock-based compensation | 7,822 | 8,481 |
| Net amortization (accretion) of premium (discount) on marketable securities | (1,930) | (818) |
| Loss on disposal of property and equipment | — | 56 |
| Amortization of operating lease right-of-use assets | 1,843 | 1,428 |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other assets | 1,168 | (1,627) |
| Accounts payable | (930) | 400 |
| Deferred revenue | (12,586) | (9,184) |
| Operating lease liabilities | (1,458) | (1,302) |
| Accrued expenses and other current liabilities | 3,593 | (6,905) |
| Net cash used in operating activities | (41,951) | (48,452) |
| Cash flows from investing activities | ||
| Purchases of marketable securities | (54,803) | (22,642) |
| Maturities of marketable securities | 93,200 | 40,987 |
| Purchases of property and equipment | (2,884) | (2,277) |
| Net cash provided by investing activities | 35,513 | 16,068 |
| Cash flows from financing activities | ||
| Proceeds from exercise of stock options | 355 | 28 |
| Proceeds from issuance under employee stock purchase plan | 1,269 | 1,453 |
| Net cash provided by financing activities | 1,624 | 1,481 |
| Net decrease in cash, cash equivalents and restricted cash | (4,814) | (30,903) |
| Cash, cash equivalents and restricted cash at beginning of period | 55,528 | 65,375 |
| Cash, cash equivalents and restricted cash at end of period | $50,714 | $34,472 |
| Supplemental disclosures of non-cash investing and financing activities: | ||
| Additions to property and equipment included in accounts payable and accrued expenses and other current liabilities | $855 | $1,434 |
| Capitalized stock-based compensation related to internal-use software development | $1 | $24 |
| Vesting of early exercised stock options | $21 | $31 |
| Repurchase of unvested early exercised stock options included in accrued expenses and other current liabilities | $15 | $— |
| Three Months Ended | ||
|---|---|---|
| February 29, 2024 | February 28, 2023 | |
| Reconciliation of cash, cash equivalents and restricted cash: | ||
| Cash and cash equivalents | $49,813 | $33,571 |
| Restricted cash | 901 | 901 |
| Total cash, cash equivalents and restricted cash | $50,714 | $34,472 |
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