Alector, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-142.9M | $-119.0M | $-130.4M | $-133.3M | $-36.3M | $-190.2M | $-105.4M | $-52.2M |
| Depreciation & Amortization | $5.7M | $5.4M | $5.7M | $5.7M | $6.3M | $5.9M | $3.8M | $1.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $26.7M | $39.5M | $42.8M | $46.1M | $40.8M | $30.5M | $16.3M | $6.9M |
| Net Cash from Operating Activities | $-184.0M | $-229.9M | $-184.2M | $-20.3M | $298.6M | $-166.7M | $-99.3M | $127.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $41.0K | $1.3M | $2.4M | $4.1M | $3.2M | $5.0M | $15.3M | $1.9M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $196.6M | $107.1M | $101.9M | $-159.0M | $-49.7M | $-105.1M | $-48.9M | $-224.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $20.2M | $81.5M | $2.6M | $4.5M | $30.3M | $232.1M | $172.4M | $131.1M |
| Net Change in Cash | $32.8M | $-41.2M | $-79.7M | $-174.8M | $279.2M | $-39.7M | $24.2M | $34.5M |
| Free Cash Flow | $-184.1M | $-231.2M | $-186.5M | $-24.4M | $295.3M | $-171.8M | $-114.6M | $125.6M |