CORCEPT THERAPEUTICS INC
For the period ended Mar 31, 2026. Filed Apr 30, 2026.
View on SEC.govAbout this filing
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 Apr 30, 2026
CORT$73.35-2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net (loss) income | $(31,761) | $20,547 |
| Adjustments to reconcile net (loss) income to net cash (used in) provided by operations: | ||
| Stock-based compensation | 23,043 | 21,830 |
| Accretion of marketable securities, net | (836) | (1,693) |
| Depreciation and amortization | 598 | 462 |
| Deferred income taxes | (13,110) | (13,705) |
| Changes in operating assets and liabilities: | ||
| Trade receivables | 20,714 | (7,843) |
| Inventory | (3,272) | 605 |
| Prepaid expenses and other current assets | 4,736 | (13,525) |
| Accounts payable | (7,644) | 12,571 |
| Accrued research and development expenses | 137 | (8,608) |
| Accrued and other liabilities, current and non-current | (9,377) | (5,871) |
| Net cash (used in) provided by operating activities | (16,772) | 4,770 |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (201) | (104) |
| Proceeds from sales and maturities of marketable securities | 57,071 | 112,078 |
| Purchases of marketable securities | (52,328) | (115,145) |
| Net cash provided by (used in) investing activities | 4,542 | (3,171) |
| Cash flows from financing activities: | ||
| Proceeds from stock option exercises, net of issuance costs | 3,984 | 1,740 |
| Proceeds from purchases under the Employee Stock Purchase Program | 2,537 | 1,715 |
| Repurchases of common stock in connection with Stock Repurchase Program | — | (27,433) |
| Cash paid to satisfy statutory withholding requirement for net settlement of cashless option exercises and vesting of restricted stock grants | (5,761) | (15,825) |
| Net cash provided by (used in) financing activities | 760 | (39,803) |
| Net effect of exchange rate changes on cash, cash equivalents and restricted cash | (287) | 358 |
| Net decrease in cash, cash equivalents and restricted cash | (11,757) | (37,846) |
| Cash, cash equivalents and restricted cash, at beginning of period | 121,745 | 128,665 |
| Cash, cash equivalents and restricted cash, at end of period | $109,988 | $90,819 |
| Supplemental disclosure: | ||
| Exercise cost of shares repurchased for net settlement of cashless option exercises | $4,341 | $5,261 |
| Reconciliation of cash, cash equivalents and restricted cash | ||
| Cash and cash equivalents | $108,738 | $89,819 |
| Restricted cash included in Other assets | $1,250 | $1,000 |
| Cash, cash equivalents and restricted cash, at end of period | $109,988 | $90,819 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.