Arcus Biosciences Inc
For the period ended Sep 30, 2024. Filed Nov 6, 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.
Sep 30, 2024 · Filed Nov 6, 2024
RCUS$18.67-1.5%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
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flow from operating activities | ||
| Net loss | $(189) | $(226) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Stock-based compensation expense | 59 | 55 |
| Depreciation and amortization | 7 | 5 |
| Noncash lease expense | 5 | 6 |
| Impairment of long-lived assets | 20 | — |
| Amortization of discounts on marketable securities | (19) | (13) |
| Other items, net | 2 | 2 |
| Changes in operating assets and liabilities: | ||
| Receivable from collaboration partners ($18 and $17 from a related party) | 32 | 15 |
| Other assets ($6 and ($4) from a related party) | 16 | (12) |
| Accounts payable | (2) | (3) |
| Deferred revenue (($20) and ($47) to a related party) | (14) | (51) |
| Other liabilities | 13 | 4 |
| Net cash used in operating activities | (70) | (218) |
| Cash flow from investing activities | ||
| Purchases of marketable securities | (871) | (673) |
| Proceeds from maturities of marketable securities | 726 | 837 |
| Proceeds from sales of marketable securities | 15 | 20 |
| Purchases of property and equipment | (5) | (18) |
| Net cash provided by (used in) investing activities | (135) | 166 |
| Cash flow from financing activities | ||
| Proceeds from issuance of common stock ($228 and $20 from a related party) | 228 | 25 |
| Proceeds from debt issuances, net | 47 | — |
| Proceeds from issuance of common stock pursuant to equity award plans | 6 | 5 |
| Payments of employee taxes related to net settlement of equity awards | (2) | — |
| Net cash provided by financing activities | 279 | 30 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 74 | (22) |
| Cash, cash equivalents and restricted cash at beginning of period | 130 | 209 |
| Cash, cash equivalents and restricted cash at end of period | $204 | $187 |
| Non-cash investing and financing activities: | ||
| Unpaid portion of property and equipment purchases included in Accounts payable and Other current liabilities | $— | $6 |
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