LENZ Therapeutics, Inc.
For the period ended Mar 31, 2026. Filed May 11, 2026.
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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, 2026 · Filed May 11, 2026
LENZ$4.10-4.4%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 Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities | ||
| Net loss | $(41,488) | $(14,619) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 111 | 36 |
| Loss on impairment of operating right-of-use assets and related property and equipment | — | 82 |
| Accretion of discounts and amortization of premiums on marketable securities, net | (316) | (1,134) |
| Write-off of nonsalable inventory | 414 | — |
| Share-based compensation expense | 4,319 | 2,555 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | (14) | — |
| Inventory | (889) | — |
| Prepaid expenses and other current assets | (341) | (996) |
| Accounts payable | 6,762 | (771) |
| Accrued liabilities | (2,114) | (1,202) |
| Operating lease liabilities, net | (27) | — |
| Other assets | 1 | — |
| Net cash used in operating activities | (33,582) | (16,049) |
| Cash flows from investing activities | ||
| Purchases of marketable securities | (16,056) | (33,091) |
| Proceeds from maturities of marketable securities | 49,235 | 52,090 |
| Purchases of property and equipment | (18) | (110) |
| Net cash provided by investing activities | 33,161 | 18,889 |
| Cash flows from financing activities | ||
| Proceeds from exercises of stock options | 14 | 44 |
| Net cash provided by financing activities | 14 | 44 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | (407) | 2,884 |
| Cash and cash equivalents and restricted cash, beginning of the period | 25,179 | 20,272 |
| Cash, cash equivalents and restricted cash, end of the period | $24,772 | $23,156 |
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