Corvus Pharmaceuticals, Inc.
For the period ended Mar 31, 2026. Filed May 7, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 7, 2026
CRVS$11.37+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(in thousands)
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| · · Three Months Ended · | |||||||
| · · March 31, · | |||||||
| · · 2026 · · 2025 · | |||||||
| Cash flows from operating activities · · · · · · | |||||||
| Net loss | | $(13,692) | | $15,193 | | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | | | | | | ||
| Depreciation and amortization | | 29 | | 22 | | ||
| Accretion related to marketable securities | | (17) | | (291) | | ||
| Stock-based compensation | | 2,650 | | 1,251 | | ||
| Change in fair value of warrant liability | | — | | (25,129) | | ||
| Loss from equity method investment | | 599 | | 539 | | ||
| Changes in operating assets and liabilities: | | | | | | ||
| Accounts receivable - related party | | (6) | | (4) | | ||
| Prepaid and other current assets | | (1,762) | | 1,168 | | ||
| Operating lease right-of-use asset | | | 88 | | | 82 | |
| Other assets | | | (865) | | | 3 | |
| Accounts payable | | 2,206 | | (1,274) | | ||
| Accrued and other liabilities | | 499 | | 146 | | ||
| Operating lease liability | | | (103) | | | 31 | |
| Net cash used in operating activities | | (10,374) | | (8,263) | | ||
| Cash flows from investing activities | | | | | | ||
| Purchases of marketable securities | | (161,737) | | (7,708) | | ||
| Maturities of marketable securities | | 16,982 | | 11,987 | | ||
| Purchases of property and equipment | | (91) | | (36) | | ||
| Net cash (used in) provided by investing activities | | (144,846) | | 4,243 | | ||
| Cash flows from financing activities | | | | | | ||
| Proceeds from issuance of common stock in connection with follow-on public offering, net | | 189,407 | | — | | ||
| Proceeds from exercise of common stock options | | 1,339 | | 279 | | ||
| Net cash provided by financing activities | | 190,746 | | 279 | | ||
| Net increase (decrease) in cash and cash equivalents | | 35,526 | | (3,741) | | ||
| Cash and cash equivalents at beginning of the period | | 4,576 | | 8,740 | | ||
| Cash and cash equivalents at end of the period | | $40,102 | | $4,999 | | ||
| Supplemental disclosures of cash flow information | | | | | | ||
| Offering costs recorded to additional paid-in-capital but not paid | | $553 | | $— | | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.