Context Therapeutics Inc.
For the period ended Dec 31, 2024. Filed Mar 20, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 20, 2025
CNTX$0.19-6.6%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
Consolidated Statements of Cash Flows
| Year ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net loss | $(26,725,104) | $(23,964,211) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Acquired in-process research and development charge | 14,750,000 | — |
| Share-based compensation expense | 841,867 | 1,076,865 |
| Depreciation and amortization expense | 10,881 | 12,044 |
| Reduction in the carrying amount of operating lease right-of-use asset | 41,822 | 51,967 |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other current assets | (1,868,776) | 758,829 |
| Other assets | — | 32,750 |
| Accounts payable | (946,096) | 1,446,686 |
| Accrued expenses and other current liabilities | (619,770) | (407,470) |
| Operating lease liability | (41,258) | (55,078) |
| Cash used in operating activities | (14,556,434) | (21,047,618) |
| Cash flows from investing activities: | ||
| Acquired in-process research and development | (14,750,000) | — |
| Purchase of property and equipment | (7,316) | — |
| Cash used in investing activities | (14,757,316) | — |
| Cash flows from financing activities: | ||
| Proceeds from the sale of common stock and prefunded warrants in private placement, net | 94,758,747 | — |
| Proceeds from the sale of common stock from ATM facility, net | 14,535,000 | — |
| Cash provided by financing activities | 109,293,747 | — |
| Net increase (decrease) in cash and cash equivalents | 79,979,997 | (21,047,618) |
| Cash and cash equivalents at beginning of year | 14,449,827 | 35,497,445 |
| Cash and cash equivalents at end of year | $94,429,824 | $14,449,827 |
| Supplemental disclosure of non-cash activities: | ||
| Unpaid offering costs in accounts payable | $15,268 | $— |
| Right-of-use asset acquired under operating lease | $260,638 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.