Shattuck Labs, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-48.8M | $-75.4M | $-87.3M | $-101.9M | $-45.0M | $-36.6M | $-24.0M |
| Depreciation & Amortization | $3.7M | $3.8M | $4.0M | $3.1M | $1.4M | $600.0K | $500.0K |
| Depreciation | $3.7M | $3.8M | $4.0M | $3.1M | $1.4M | $618.0K | $537.0K |
| Amortization | — | — | — | — | — | — | — |
| Stock-Based Compensation | $7.0M | $9.5M | $6.9M | $6.5M | $5.5M | $1.3M | $461.0K |
| Net Cash from Operating Activities | $-39.9M | $-60.5M | $-81.2M | $-94.5M | $-57.1M | $-33.7M | $-21.0M |
| Investing Activities | |||||||
| Capital Expenditures | $71.0K | $59.0K | $407.0K | $11.6M | $7.9M | $727.0K | $470.0K |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-7.9M | $-8.5M | $110.9M | $49.4M | $-10.4M | $-146.3M | $-3.6M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $44.6M | $787.0K | $48.6M | $171.0K | $1.9M | $330.9M | $-64.0K |
| Net Change in Cash | $-3.2M | $-68.2M | $78.2M | $-44.9M | $-65.6M | $150.9M | $-24.6M |
| Free Cash Flow | $-40.0M | $-60.6M | $-81.6M | $-106.1M | $-65.0M | $-34.4M | $-21.4M |