IO Biotech, Inc.

IOBTQ ·Healthcare, Drug Manufacturers - General, Denmark
Financial Statements Cash Flow Statement
Annual Quarterly

Cash Flow Statement

Line Item FY2024 FY2023 FY2022 FY2021 FY2020
Operating Activities
Net Income $-95.5M $-86.1M $-71.5M $-67.9M $-12.0M
Depreciation & Amortization $300.0K $200.0K $100.0K $0
Depreciation $253.0K $215.0K $104.0K $2.0K
Amortization
Stock-Based Compensation $6.5M $8.1M $7.0M $1.8M $64.0K
Net Cash from Operating Activities $-82.3M $-71.7M $-59.7M $-40.6M $-10.0M
Investing Activities
Capital Expenditures $44.0K $323.0K $690.0K $153.0K
Business Acquisitions
Net Cash from Investing Activities $-44.0K $-323.0K $-690.0K $-153.0K
Financing Activities
Dividends Paid
Stock Repurchases
Net Cash from Financing Activities $71.9M $253.0M $5.1M
Net Change in Cash
Free Cash Flow $-82.4M $-72.1M $-60.4M $-40.8M