Black Diamond Therapeutics Inc
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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FY2024 · Filed Mar 6, 2025
BDTX$1.60-14.2%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
(in thousands)
| Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net loss | $(69,676) | $(82,442) |
| Adjustment to reconcile net loss to net cash used in operating activities: | ||
| Stock-based compensation expense | 10,627 | 9,604 |
| Depreciation expense | 343 | 437 |
| (Accretion) amortization on investments | (3,782) | (1,174) |
| Non-cash rent expense | 2,971 | 2,814 |
| Loss on disposal of property and equipment | — | 358 |
| Gain on sale of property and equipment | (94) | — |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other current assets | 33 | 2,265 |
| Other non-current assets | (249) | — |
| Accounts payable | 1,683 | 597 |
| Accrued expenses and other current liabilities | (756) | 3,938 |
| Non-current operating lease liability | (3,403) | (3,114) |
| Net cash used in operating activities | (62,303) | (66,717) |
| Cash flows from investing activities: | ||
| Purchases of equipment | — | (33) |
| Proceeds from disposal of equipment | 94 | 95 |
| Proceeds from sales and maturities of investments | 139,750 | 78,171 |
| Purchases of investments | (122,876) | (61,887) |
| Net cash provided by investing activities | 16,968 | 16,346 |
| Cash flows from financing activities: | ||
| Proceeds from exercise of common stock options and ESPP | 1,053 | 82 |
| Proceeds from issuance of common stock, net of issuance costs | 24,494 | 71,850 |
| Net cash provided by financing activities | 25,547 | 71,932 |
| Net (decrease) increase in cash and cash equivalents | (19,788) | 21,561 |
| Cash, cash equivalents and restricted cash, beginning of year | 57,044 | 35,483 |
| Cash, cash equivalents and restricted cash, end of year | $37,256 | $57,044 |
| Cash and cash equivalents, end of year | $36,437 | $56,221 |
| Restricted cash, end of year | 819 | 823 |
| Cash, cash equivalents and restricted cash, end of year | $37,256 | $57,044 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.