Jaguar Health Inc
For the period ended Mar 31, 2024. Filed May 14, 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.
Mar 31, 2024 · Filed May 14, 2024
JAGX$0.44+0.1%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
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Three Months Ended | ||||||
| · · March 31, | ||||||
| (in thousands) · 2024 · 2023 | ||||||
| Cash flows from operating activities · · · · | ||||||
| Net comprehensive loss | | $(9,151) | | $(12,629) | ||
| Adjustments to reconcile net loss and comprehensive loss to net cash used in operating activities: | | | | | | |
| Change in fair value of freestanding and hybrid financial instruments designated at Fair Value Option | | | 2,021 | | | 359 |
| Stock-based compensation, vested and released restricted stock units and exercised stock options | | 581 | | 480 | ||
| Depreciation and amortization expenses | | 501 | | 504 | ||
| Amortization of debt issuance costs, debt discount, and non-cash interest expense | | | 274 | | | 1,276 |
| Amortization of operating lease - right-of-use-asset | | | 109 | | | 47 |
| Share in joint venture's loss | | | 16 | | | 31 |
| Gain on extinguishment of debt | | | (1,245) | | | — |
| Shares issued in exchange for services | | | — | | | 166 |
| Changes in assets and liabilities | | | | | ||
| Accounts receivable | | | 455 | | | 892 |
| Other receivable | | | 10 | | | 138 |
| Inventory | | 169 | | (1,660) | ||
| Prepaid expenses and other current assets | | (1,136) | | (160) | ||
| Other assets | | | 735 | | | (18) |
| Accounts payable | | | (1,660) | | | (134) |
| Accrued liabilities | | 531 | | 816 | ||
| Deferred revenue | | | 850 | | | — |
| Operating lease liability | | | (107) | | | (53) |
| Total cash used in operating activities | | (7,047) | | (9,945) | ||
| Cash flows from financing activities | | | | | ||
| Proceeds from issuance of shares in At the Market offering, net of issuance and offering costs of $42 and $30 in 2024 and 2023, respectively | | | 11,340 | | | 17,865 |
| Proceeds from issuance of common shares in exchange of License Agreement | | | 1,150 | | | — |
| Investment from non-controlling interest | | | — | | | 1,232 |
| Payment of Tempesta Note | | | (50) | | | (50) |
| Repayment of insurance financing | | | (172) | | | (236) |
| Total cash provided by financing activities | | | 12,268 | | | 18,811 |
| Effects of foreign exchange rate changes on assets and liabilities | | | (19) | | | 32 |
| Net increase in cash | | 5,202 | | 8,898 | ||
| Cash at beginning of the year | | | 6,469 | | | 5,469 |
| Cash at end of the year | | $11,671 | | $14,367 | ||
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (continued)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Three Months Ended | ||||||
| · · March 31, | ||||||
| · · 2024 · · 2023 | ||||||
| Supplemental schedule of cash flow information | | | | | | |
| Cash paid for interest | | $9 | | $6 | ||
| Supplemental schedule of non-cash financing and investing activities | | | | | | |
| Preferred stock issued to Streeterville in exchange of notes payable and accrued interest | | $4,485 | | $— | ||
| Common stock issued to Streeterville in exchange of Series J Preferred Stock | | $1,999 | | $— | ||
| Common stock issued to Iliad in exchange of notes payable and accrued interest | | $836 | | $1,275 | ||
| Recognition of operating lease - right-of-use asset and operating lease liability | | $221 | | $30 | ||
| Common stock issued to Streeterville in exchange of notes payable and accrued interest | | $166 | | $627 | ||
| Umbrella Insurance Financing | | $52 | | $— | ||
| Common stock issued from conversion of warrants | | $2 | | $— | ||
The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.