Verastem, Inc.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-8.3M | $-33.9M | $-27.4M | $-20.0M | $-24.3M | $-15.7M | $-16.8M | $-18.1M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $6.0K | $6.0K | $5.0K | $5.0K | $22.0K | $30.0K | $29.0K | $30.0K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.9M | $1.5M | $1.6M | $1.5M | $1.4M | $1.3M | $1.3M | $1.4M |
| Net Cash from Operating Activities | $-27.6M | $-28.3M | $-29.7M | $-16.6M | $-19.9M | $-20.3M | $-16.6M | $-15.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $7.0K | $21.0K | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $29.0M | $31.0M | $12.4M | $-70.1M | $14.0M | $-804.0K | $13.0M | $4.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-405.0K | $846.0K | $-446.0K | $-891.0K | $91.5M | $44.1M | $0 | $25.6M |
| Net Change in Cash | $1.0M | $3.5M | $-17.7M | $-87.6M | $85.6M | $23.0M | $-3.6M | $15.2M |
| Free Cash Flow | $-27.6M | $-28.3M | — | — | — | — | — | — |