Tarsus Pharmaceuticals, Inc.
For the period ended Jun 30, 2026. Filed Aug 6, 2026.
View on SEC.govAbout this filing
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.
Jun 30, 2026 · Filed Aug 6, 2026
TARS$73.83+4.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Statements of Cash Flows
(In thousands)
| Six Months EndedJune 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash Flows From Operating Activities: | ||
| Net loss | $(25,518) | $(45,460) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||
| Depreciation | 957 | 433 |
| Amortization of intangible assets | 480 | 480 |
| Amortization of debt-related costs | 325 | 285 |
| Loss on disposal of property and equipment | 183 | — |
| Stock-based compensation | 25,256 | 15,163 |
| Non-cash lease expense | 169 | 323 |
| Gain on exchange of long-term investments | (2,812) | — |
| Net amortization/accretion of marketable securities | (1,611) | (3,023) |
| Unrealized (gain) loss from transactions denominated in a foreign currency | (10) | 26 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | (10,972) | (11,574) |
| Inventory | 2 | (1,252) |
| Other receivables | (207) | (608) |
| Prepaid expenses | 3,861 | (14,449) |
| Other non-current assets | 196 | 227 |
| Accounts payable | 23,410 | 269 |
| Accrued payroll and benefits | (5,892) | (4,212) |
| Other accrued liabilities | 28,754 | 13,334 |
| Net cash provided by (used in) operating activities | 36,571 | (50,038) |
| Cash Flows From Investing Activities: | ||
| Proceeds from maturities of marketable securities | 118,404 | 170,218 |
| Purchases of marketable securities | (129,201) | (255,273) |
| Purchases of property and equipment | (9,887) | (1,591) |
| Net cash used in investing activities | (20,684) | (86,646) |
| Cash Flows From Financing Activities: | ||
| Proceeds from issuance of common stock, net of paid issuance costs | — | 134,771 |
| Proceeds from sale of common stock under employee stock purchase plan | 1,438 | 1,101 |
| Proceeds from exercise of stock options | 3,068 | 2,642 |
| Net cash provided by financing activities | 4,506 | 138,514 |
| Net increase in cash, cash equivalents and restricted cash | 20,393 | 1,830 |
| Cash, cash equivalents and restricted cash at beginning of period | 186,203 | 97,381 |
| Cash, cash equivalents and restricted cash at end of period | $206,596 | $99,211 |
| Supplemental Disclosures From Noncash, Investing and Financing Activities: | ||
| Interest expense paid in cash | $3,959 | $4,168 |
| Income taxes paid in cash | $4,773 | $— |
| Additions of property and equipment included within accounts payable and other accrued liabilities | $623 | $344 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.