Zentalis Pharmaceuticals Inc
For the period ended Mar 31, 2024. Filed May 7, 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 7, 2024
ZNTL$1.80+3.4%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 EndedMarch 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating Activities: | ||
| Consolidated net income (loss) | $10,040 | $(63,262) |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Depreciation and amortization | 324 | 360 |
| Operating lease right-of-use asset and fixed asset impairment | 772 | 4,953 |
| Loss on equity method investment | — | 2,310 |
| Share-based compensation | 12,833 | 13,733 |
| Loss on disposal of equipment | (66) | — |
| Non-cash impact of license revenue | (25,560) | — |
| Non-cash recognized mark-to-market of equity securities | (31,169) | — |
| (Accretion of discounts)/amortization of premiums on marketable securities, net | (2,764) | (3,261) |
| Deferred income taxes | — | (97) |
| Deconsolidation of Kalyra | (79) | — |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other assets | (1,056) | (2,917) |
| Accounts payable and accrued liabilities | (15,249) | (1,411) |
| Operating lease right-of-use assets and liabilities, net | — | 309 |
| Net cash used in operating activities | (51,974) | (49,283) |
| Investing Activities: | ||
| Purchases of marketable securities | (10,115) | (63,879) |
| Proceeds from maturities of marketable securities | 71,700 | 106,000 |
| Purchases of property and equipment | (40) | — |
| Net cash provided by investing activities | 61,545 | 42,121 |
| Financing Activities: | ||
| Proceeds from issuance of common stock under equity incentive plans | 248 | 373 |
| Net-settlement of restricted stock unit vesting | (241) | — |
| Net cash provided by financing activities | 7 | 373 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 9,578 | (6,789) |
| Cash, cash equivalents and restricted cash at beginning of period | 30,719 | 45,696 |
| Cash, cash equivalents and restricted cash at end of period | $40,297 | $38,907 |
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows for the periods presented:
| March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash and cash equivalents | $37,616 | $36,280 |
| Restricted cash | 2,681 | 2,627 |
| Total cash, cash equivalents and restricted cash reported in the Condensed Consolidated Statement of Cash Flows | $40,297 | $38,907 |
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