Schrodinger, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Depreciation and amortization $3.6m $3.7m $2.8m $4.3m $5.6m $6.2m $6.0m
Gain on equity investments ($943k) ($4.1m) $1.8m ($11.8m) ($147.2m) $0 $0
Changes in fair value of equity investments ($9.9m) ($28.3m) ($11.4m) $18.1m ($53.5m) ($5.7m) ($48.2m)
Loss on disposal of property and equipment $0 $140k $19k $142k $8k $20k
Reduction in the carrying amount of right of use assets - operating leases $5.8m $7.3m $7.8m $8.9m $9.1m
Lease liabilities - operating leases ($5.4m) ($2.9m) $1.9m ($3.7m) ($10.1m) ($8.6m)
Purchases of equity investments ($2.9m) ($3.7m) ($600k) ($4.1m) ($3.1m) $0
Distribution from equity investment $943k $4.6m $375k $11.8m $147.2m $0 $0
Proceeds from sale and disposition of equity investments $0 $15.7m $0 $0 $48.8m $17.7m
Acquisition of right of use assets - operating leases, contingency resolution $0 $1.5m $514k $2.8m $0
Acquisition of right of use assets in exchange for lease liabilities - operating leases $71.1m $34.8m $15.1m $0 $0
Net (loss) income ($25.7m) ($26.6m) ($101.2m) ($149.2m) $40.7m ($187.1m) ($103.3m)
Stock-based compensation $2.2m $10.5m $26.5m $39.6m $47.8m $49.9m $43.0m
Noncash investment accretion ($506k) $646k $5.3m $629k ($7.8m) ($7.6m) ($1.9m)
Accounts receivable, net ($5.0m) ($12.7m) ($321k) ($23.7m) ($10.0m) ($169.7m) $152.7m
Unbilled and other receivables ($1.6m) $3.5m ($5.2m) ($4.3m) ($10.0m) $3.5m ($1.7m)
Prepaid expenses and other assets $410k $187k ($1.1m) ($7.1m) ($8.5m) ($3.5m) ($2.4m)
Accounts payable ($294k) $4.9m ($411k) $1.2m $7.3m ($6.1m) $908k
Accrued payroll, taxes, and benefits $2.9m $5.0m $6.4m $6.5m $6.9m $10.3m ($2.8m)
Deferred revenue $6.7m $59.7m ($1.0m) ($1.9m) ($18.3m) $155.5m ($29.0m)
Other accrued liabilities $958k ($1.2m) $3.5m ($1.3m) $5.9m ($1.9m) $91k
Purchases of property and equipment ($1.8m) ($2.5m) ($7.2m) ($8.0m) ($13.4m) ($7.3m) ($1.4m)
Purchases of marketable securities ($110.2m) ($519.7m) ($414.8m) ($271.5m) ($320.6m) ($251.3m) ($313.0m)
Proceeds from maturity of marketable securities $57.2m $138.8m $392.7m $364.7m $384.0m $361.8m $354.6m
Payment of offering costs ($1.9m) $0 $0 ($373k) ($177k) $0
Principal payments on finance leases $0 $0 ($19k) ($58k) ($58k)
Purchases of property and equipment in accounts payable $90k $8k $705k $169k $192k $162k $40k
Purchases of property and equipment in accrued liabilities $90k $8k $0 $293k $457k $157k $81k
Acquisition of right of use assets in exchange for lease liabilities - finance leases $0 $0 $279k $0 $0
Net cash provided by (used in) operating activities ($26.1m) $16.8m ($70.7m) ($119.7m) ($136.7m) ($157.4m) $13.9m
Net cash provided by investing activities ($53.9m) ($381.7m) ($16.8m) $90.0m $193.0m $148.8m $57.9m
Proceeds from issuances of common stock upon stock option exercises $2.1m $9.4m $1.5m $3.0m
Proceeds from issuance of common stock in ATM offering $0 $0 $8.9m $0
Net cash provided by financing activities $28.7m $541.3m $8.0m $2.1m $9.0m $10.1m $2.9m
Net increase in cash and cash equivalents and restricted cash ($51.2m) $176.3m ($79.5m) ($27.6m) $65.3m $1.6m $74.7m
Cash and cash equivalents and restricted cash, beginning of year $26.5m $202.8m $123.3m $95.7m $161.1m $162.7m $237.4m