Cara therapeutics, inc. (CARA)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Operating activities
Net loss

-28,922

-28,611

-32,842

-22,960

-21,960

-20,652

-19,400

-17,194

-16,767

-14,177

-12,444

-9,300

-22,204

-21,972

-11,542

-13,074

-10,692

-9,530

-4,787

-5,684

-4,689

-4,172

-6,545

-3,645

-3,383

-2,093

-4,575

5,337

-2,632

Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation expense

2,846

3,386

2,933

4,015

2,234

3,719

1,819

2,069

1,871

1,747

1,620

1,318

1,108

829

777

698

496

707

661

701

445

340

222

456

353

-

-

-

-

Depreciation and amortization

48

48

50

50

50

52

79

114

125

125

125

123

122

119

97

519

730

259

194

193

193

193

197

196

197

197

197

197

198

Amortization expense component of lease expense

160

156

152

148

145

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of available-for-sale marketable securities, net

65

213

365

325

478

643

618

342

217

226

193

159

4

35

57

59

67

-

-

-

-

-

-

-

-

-

-

-

-

Realized loss (gain) on sale of available-for-sale marketable securities

-

-

-

-

-

27

-17

0

-15

1

1

0

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

39

59

19

Deferred rent costs

-

-

-

-

-

67

66

-38

61

-17

-138

-45

52

-44

-237

312

83

75

72

71

71

71

64

65

65

63

58

58

59

Deferred revenue

-8,021

-4,512

-5,785

-5,208

-4,242

-

-

-

-

-

-

-

-

-

-

-

-

0

-89

-874

-489

-492

-1,125

-348

-58

-

-

-

-

Non-cash compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

Accrued interest and amortization of beneficial conversion feature on promissory notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,001

1,501

1,103

Changes in operating assets and liabilities:
Income tax receivable

122

-217

49

235

85

125

66

-304

46

26

145

2

-294

189

55

79

145

-66

200

35

15

111

32

11

-15

3

0

20

7

Other receivables

-124

187

179

-414

93

733

77

32

-39

26

-78

-808

896

-28

-136

123

48

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

1,825

307

1,142

35

2,574

587

-1,397

2,184

1,796

143

-443

-44

449

-3,290

1,422

825

844

-207

1,346

-430

733

-148

-801

184

377

1,608

106

-44

66

Accounts payable and accrued expenses

-2,294

-915

7,814

-544

-312

-381

1,450

5,678

-1,631

1,234

82

-4,791

448

4,709

-1,060

1,796

820

2,151

-33

1,086

118

-1,659

1,578

-158

227

-548

931

725

-386

Operating lease liability

-232

-228

-224

-216

-211

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-38,303

-31,166

-25,637

-24,896

-27,526

-24,361

-20,492

41,020

-18,468

-11,413

-9,851

-11,927

-21,636

-13,188

-12,901

-11,459

-9,833

-4,168

-7,815

-4,254

-5,241

-5,824

-4,488

-4,239

-3,091

-5,064

-3,441

13,153

-1,819

Proceeds from maturities of available-for-sale marketable securities

55,475

57,745

72,958

43,586

79,295

89,800

28,800

30,050

26,650

16,750

29,500

19,750

16,156

20,730

17,250

16,350

26,050

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of available-for-sale marketable securities

-

-

-

-

-

51,558

17,100

300

10,850

3,025

300

400

5,030

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the redemptions of available-for-sale marketable securities, at par

2,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of available-for-sale marketable securities

21,016

45,007

169,839

18,351

52,885

199,165

40,418

81,467

16,804

11,649

17,724

91,544

6,477

11,525

14,446

20,052

22,625

-

-

-

-

-

-

-

-

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

769

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment

-

0

0

7

11

24

28

19

2

0

28

22

8

69

490

150

8

7

1

6

6

-

-

-

-

-

-

-

-

Net cash provided by investing activities

36,959

14,738

-96,881

25,228

26,399

-57,831

5,454

-51,136

20,694

8,126

12,076

-71,403

14,701

20,540

14,782

7,082

2,614

-91,664

-1

-6

-6

-

-

-

-

-

-

-

-

Proceeds from initial public offering, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-10

57,772

-

-

-

-

Proceeds from convertible promissory notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,462

Financing costs on convertible promissory notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

70

Proceeds from the exercise of stock options

75

55

1,843

3,974

234

558

1,888

1,485

263

183

151

1,216

149

83

0

0

40

39

288

29

6

-

-

-

-

-

-

-

-

Net cash provided by financing activities

75

28

138,368

3,974

234

544

93,965

16,041

263

183

151

87,440

149

83

0

0

40

-183

75,741

29

6

109

90

19

57,772

-311

0

7,335

1,392

Net decrease in cash, cash equivalents and restricted cash

-1,269

-16,400

15,850

4,306

-893

-81,648

78,927

5,925

2,489

-3,104

2,376

4,110

-6,786

7,435

1,881

-4,377

-7,179

-96,015

67,925

-4,231

-5,241

-5,730

-4,419

-4,226

54,681

-5,376

-3,445

20,488

-427

Shares of common stock issued in exchange for consulting services

-

-

-

-

197

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Conversion of convertible preferred stock to common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

65,586

-

-

-

-

Reclassification of prepaid IPO costs paid in 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,465

-

-

-

-

Tenant improvements paid by landlord

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

599

495

-

-

-

-

-

-

-

-

-

-

-

-

Subscriptions receivable

-

-

-

-

-

-

-

-

-

-

-

-

530

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unpaid IPO issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10

60

-

-

-

-