← GERON CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($29.5m) | ($27.9m) | ($27.0m) | ($68.5m) | ($75.6m) | ($116.1m) | ($141.9m) | ($184.1m) | ($174.6m) | ($83.5m) | — | |
| Depreciation and amortization | $81k | $76k | $59k | $64k | $158k | $215k | $288k | $442k | $546k | $474k | $1.2m | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | $179k | $893k | $1.3m | $1.1m | ($3.1m) | $1.1m | — | |
| Depreciation, Nonproduction | $81k | — | — | — | — | — | — | — | — | — | $1.2m | |
| Amortization Of Securities | — | — | — | — | — | — | ($965k) | ($11.2m) | ($9.7m) | ($6.9m) | ($4.8m) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $868k | $1.0m | $1.2m | $1.2m | $1.2m | |
| Share-based Payment Arrangement, Noncash Expense | $8.2m | $8.1m | $6.4m | $6.1m | $6.9m | $8.1m | $8.0m | $18.5m | $31.2m | $26.7m | $22.4m | |
| Share-based Payment Arrangement, Expense | $8.2m | $8.1m | $6.4m | $6.1m | $6.9m | $8.1m | $8.0m | $18.5m | $31.9m | $25.4m | $22.4m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | — | — | — | — | — | $26.7m | $22.4m | |
| Other Nonoperating Income (Expense) | — | — | — | — | $168k | $1.1m | $1.0m | ($23k) | ($236k) | ($375k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $5.0m | $6.1m | ($70.6m) | ($68.5m) | ($88.1m) | |
| Increase (Decrease) in Accounts Receivable | — | — | — | — | — | — | — | — | $35.7m | $991k | ($13.5m) | |
| Change In Receivables | — | — | — | — | — | — | ($1.4m) | $1.5m | ($36.9m) | ($377k) | ($13.5m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $0 | $0 | ($35.7m) | ($991k) | ($13.5m) | |
| Increase (Decrease) in Inventories | — | — | — | — | — | — | — | — | $38.0m | $77.9m | ($60.8m) | |
| Change In Inventory | — | — | — | — | — | — | $0 | $0 | ($38.0m) | ($77.9m) | ($60.8m) | |
| Increase (Decrease) in Accounts Payable | $65k | $278k | $479k | $199k | $5.7m | ($232k) | $3.5m | ($4.0m) | $2.4m | $2.7m | $578k | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $6.8m | $3.2m | ($2.3m) | $18.5m | $578k | |
| Change In Accrued Expense | — | — | — | — | — | — | $3.3m | $7.2m | ($4.8m) | $15.8m | $4.4m | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | $1.2m | — | — | — | — | — | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($572k) | ($640k) | ($2.9m) | ($15.0m) | ($15.0m) | |
| Net Cash Provided by (Used in) Operating Activities | ($18.4m) |
($20.6m)
-11.91%
|
($21.0m)
-2.20%
|
($43.8m)
-108.62%
|
($66.7m)
-52.07%
|
($95.6m)
-43.37%
|
($127.4m)
-33.30%
|
($167.7m)
-31.69%
|
($218.6m)
-30.33%
|
($111.0m)
+49.21%
|
($114.4m)
-3.01%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $57k | — | $16k | $413k | $401k | $207k | $431k | $830k | $680k | $49k | ($386k) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $16k | ($5k) | — | — | — | — | — | — | — | — | $7.1m | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $138.1m | $123.0m | $110.7m | $181.3m | $200.3m | $248.0m | $320.5m | $296.1m | $371.6m | $411.7m | — | |
| Net Cash Provided by (Used in) Investing Activities | $8.8m | $23.0m | ($77.7m) | $27.4m | ($105.3m) | $71.9m | $62.1m | ($180.3m) | ($106.0m) | $107.2m | $94.6m | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | — | — | — | $86.6m | $0 | $0 | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | $0 | ($1.7m) | $0 | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | $23.9m | $24.9m | — | $29.7m | $121.1m | $0 | $14.9m | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $29.7m | $121.1m | $0 | $14.9m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $29.7m | $121.1m | $0 | $14.9m | |
| Long Term Debt Payments | — | — | — | — | — | — | $0 | $0 | ($86.6m) | $0 | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $0 | $29.7m | $34.6m | $0 | $14.9m | |
| Repayment Of Debt | — | — | — | — | — | — | $0 | $0 | ($86.6m) | $0 | $0 | |
| Proceeds from Issuance of Common Stock | $1.2m | $1.1m | $86.0m | $19.3m | $4.1m | $20.4m | $69.9m | $213.3m | $140.7m | $0 | $0 | |
| Common Stock Issuance | — | — | — | — | — | — | $69.9m | $213.3m | $140.7m | $0 | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $69.9m | $213.3m | $140.7m | $0 | $0 | |
| Net Cash Provided by (Used in) Financing Activities | $1.2m |
$1.1m
-4.96%
|
$93.0m
+8267.96%
|
$19.5m
-79.03%
|
$168.3m
+763.36%
|
$48.6m
-71.16%
|
$87.3m
+79.72%
|
$362.0m
+314.86%
|
$334.4m
-7.64%
|
$2.3m
-99.32%
|
$4.7m
+108.60%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | — | — | — | $13.9m | $9.7m | ($1.4m) | $64.6m | |
| Beginning Cash Position | — | — | — | — | — | — | $35.2m | $57.2m | $71.1m | $80.9m | $79.6m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | ($27k) | ($12k) | $87k | ($70k) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | $22k | ($27k) | ($12k) | $87k | ($70k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $493k | $18k | $6.9m | $163k | $25k | $556k | $1.8m | $12.4m | $32 | $1.5m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | $5.2m | ($7.0m) | $10.4m | $11.7m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($541k) | ($195k) | $60k | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | $1.5m | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $18.8m | $19.3m | $18.7m | $20.9m | $25.7m | $29.7m | $43.6m | $69.1m | — | — | — | |
| Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | $449k | $75k | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $32.7m | — | |
| Investment Income, Interest | — | — | — | — | $1.8m | $527k | $2.5m | $18.2m | $19.6m | $18.1m | — | |
| Operating Costs and Expenses | — | — | — | — | — | — | — | — | $1.3m | $4.7m | — | |
| Operating Expenses | $36.8m | $30.3m | $32.1m | $73.0m | $77.2m | $115.4m | $139.1m | $194.2m | $250.7m | $252.5m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $87.3m | $362.0m | $334.4m | $2.3m | $4.7m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $62.1m | ($180.3m) | ($106.0m) | $107.2m | $94.6m | |
| Change In Account Payable | — | — | — | — | — | — | $3.5m | ($4.0m) | $2.4m | $2.7m | $578k | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $22.0m | $13.9m | $9.7m | ($1.4m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $3.4m | $2.2m | $9.0m | $7.7m | ($2.2m) | |
| Change In Payable | — | — | — | — | — | — | $3.5m | ($4.0m) | $2.4m | $2.7m | $578k | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($3.2m) | ($194k) | $443k | ($1.4m) | ($1.5m) | |
| Changes In Cash | — | — | — | — | — | — | $22.0m | $14.0m | $9.8m | ($1.5m) | ($15.0m) | |
| End Cash Position | — | — | — | — | — | — | $57.2m | $71.1m | $80.9m | $79.4m | $64.6m | |
| Financing Cash Flow | — | — | — | — | — | — | $87.3m |
$362.0m
+314.86%
|
$334.4m
-7.64%
|
$2.3m
-99.32%
|
$4.7m
+108.60%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($127.8m) | ($168.6m) | ($219.3m) | ($111.1m) | ($114.8m) | |
| Investing Cash Flow | — | — | — | — | — | — | $62.1m | ($180.3m) | ($106.0m) | $107.2m | $94.6m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $62.5m | ($179.5m) | ($105.3m) | $107.3m | $95.0m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($431k) | ($830k) | ($680k) | ($49k) | ($386k) | |
| Operating Gains Losses | — | — | — | — | — | ($1.2m) | — | — | $1.7m | — | $7.1m | |
| Other Non Cash Items | — | — | — | — | — | — | $1.3m | $1.1m | $2.2m | $20.0m | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | $0 | $0 | $0 | $5.3m | — | $5.3m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $17.3m | $119.0m | $34.1m | $2.3m | $4.7m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $0 | $0 | ($251k) | ($50k) | ($892k) | |
| Purchase Of Investment | — | — | — | — | — | — | ($258.0m) | ($475.6m) | ($476.9m) | ($304.4m) | ($304.7m) | |
| Purchase Of PPE | $57k | $57k | $16k | $413k | $401k | $207k | ($431k) | ($830k) | ($680k) | ($49k) | ($386k) | |
| Sale Of Investment | — | — | — | — | — | — | $320.5m | $296.1m | $371.6m | $411.7m | $399.7m | |
| Stock Based Compensation | — | — | — | — | — | — | $8.3m | $19.4m | $31.3m | $26.7m | $22.4m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | $0 | $0 | — | — | — | $0 |