Mersana Therapeutics, Inc.

MRSN · NASDAQ
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9/30/2025
6/30/2025
3/31/2025
12/31/2024
Operating Activities
Net Income-$7,545-$24,296-$24,123-$14,117
Dep. & Amort.$83$287$316$400
Deferred Tax$0$0$0$0
Stock-Based Comp.$1,154$1,989$2,775$3,346
Change in WC$1,857-$2,067-$9,069-$9,187
Other Non-Cash$1,259$1,485$775$307
Operating Cash Flow-$3,192-$22,602-$29,326-$19,251
Investing Activities
PP&E Inv.$0$0$0$0
Net Acquisitions$0$395$0$0
Inv. Purchases$0$0$0$0
Inv. Sales/Matur.$0$0$27,000$50,000
Other Inv. Act.$372$0$0$0
Investing Cash Flow$372$395$27,000$50,000
Financing Activities
Debt Repay.-$17,761-$3,137-$3,137-$2,095
Stock Issued$0$29$0$228
Stock Repurch.$0$0$0$0
Dividends Paid$0$0$0$0
Other Fin. Act.$0$0$0$0
Financing Cash Flow-$17,761-$3,108-$3,137-$1,867
Forex Effect$0$0$0$0
Net Chg. in Cash-$20,581-$25,315-$5,463$28,882
Supplemental Information
Beg. Cash$77,450$102,765$108,228$79,346
End Cash$56,869$77,450$102,765$108,228
Free Cash Flow-$3,192-$22,602-$29,326-$19,251