Alector, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-23.0M | $-22.9M | $-37.3M | $-34.7M | $-30.5M | $-40.5M | $-2.1M | $-42.2M |
| Depreciation & Amortization | $1.0M | $1.1M | $1.2M | $1.2M | $2.3M | $984.0K | $1.2M | $1.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $2.6M | $2.9M | $4.8M | $6.4M | $7.1M | $8.4M | $10.2M | $9.0M |
| Net Cash from Operating Activities | $-34.2M | $-49.8M | $-41.7M | $-32.5M | $-49.0M | $-60.8M | $-55.0M | $-50.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $31.0K | $118.0K | $0 | $11.0K | $10.0K | $20.0K | $173.0K | $212.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $17.1M | $60.9M | $25.6M | $49.5M | $55.7M | $65.7M | $41.4M | $40.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $50.0K | $25.0K | $5.4M | $14.7M | $122.0K | $0 | $9.8M | $0 |
| Net Change in Cash | $-17.0M | $11.2M | $-10.7M | $31.7M | $6.8M | $5.0M | $-3.8M | $-10.4M |
| Free Cash Flow | $-34.2M | $-49.9M | $-41.7M | $-32.5M | $-49.1M | $-60.8M | $-55.2M | $-50.9M |