APGE · As filed with the SEC

Apogee Therapeutics cash flow statement, by fiscal year

The statement as Apogee Therapeutics presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONSOLIDATED STATEMENT OF CASH FLOWS · USD

USDFY2025
Year ended Dec 31, 2025
FY2024
Year ended Dec 31, 2024
FY2023
Year ended Dec 31, 2023
Cash flows from operating activities:
Net loss(255,843,000)(182,146,000)(83,985,000)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation expense1,418,000189,000—
Equity-based compensation expense46,277,00023,332,0006,103,000
Amortization of discounts on marketable securities(7,501,000)(12,241,000)(3,071,000)
Non-cash lease expense——87,000
Non-cash lease expense3,677,0001,694,000—
Changes in operating assets and liabilities:
Prepaid expenses and other current assets(2,106,000)(6,080,000)(2,785,000)
Other assets(8,467,000)(97,000)(107,000)
Accounts payable150,000(1,072,000)1,613,000
Operating lease liability(3,981,000)(1,045,000)(270,000)
Accrued expenses(1,074,000)6,292,0007,654,000
Net cash used in operating activities(227,450,000)(171,174,000)(74,761,000)
Cash flows from investing activities:
Purchases of marketable securities(642,300,000)(649,450,000)(303,743,000)
Maturities of marketable securities467,873,000350,140,00030,000,000
Purchases of property and equipment(5,147,000)(1,152,000)(167,000)
Net cash used in investing activities(179,574,000)(300,462,000)(273,910,000)
Cash flows from financing activities:
Proceeds from issuance of common stock, net of issuance costs—449,955,000315,391,000
Proceeds from issuance of common stock and pre-funded warrants, net of issuance costs324,052,000——
Proceeds from issuance of common stock under ATM equity offering program, net of issuance costs65,582,00043,528,000—
Proceeds from exercise of options and employee stock purchase plan purchases6,856,0001,626,000—
Net cash provided by financing activities396,490,000495,109,000315,391,000
(Decrease) increase in cash, cash equivalents and restricted cash(10,534,000)23,473,000(33,280,000)
Cash, cash equivalents and restricted cash, beginning of period142,083,000118,610,000151,890,000
Cash, cash equivalents and restricted cash, end of period131,549,000142,083,000118,610,000
Supplemental disclosures of non-cash activities:
Exchange of 72,636,636 preferred, common, and incentive units in connection with the Reorganization (Note 1)——184,404,000
Operating lease right-of-use asset obtained in exchange for operating lease liability999,00010,842,0002,304,000
Deferred financing issuance costs in accounts payable and accrued expenses—30,000—
Purchases of property and equipment included in accounts payable and accrued expenses—619,000210,000

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.