COMPASS Pathways plc
For the period ended Dec 31, 2025. Filed Mar 24, 2026.
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FY2025 · Filed Mar 24, 2026
CMPS$9.25+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
(in thousands)
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net loss | $(287,862) | $(155,122) |
| Adjustments to reconcile net loss to net cash used in operating activities | ||
| Depreciation | 216 | 233 |
| Non-cash interest | 1,468 | 1,408 |
| Non-cash gain (loss) on foreign currency remeasurement | (1,152) | 755 |
| Non-cash share-based compensation | 13,590 | 19,517 |
| Non-cash lease expenses | 2,410 | 2,300 |
| Transaction costs allocated to warrants | 5,778 | — |
| Fair value change of warrant liabilities | 122,561 | — |
| Changes in operating assets and liabilities | ||
| Prepaid expenses and other current assets | (3,238) | 3,220 |
| Deferred and prepaid tax assets | 23 | 686 |
| Other assets | (4,711) | 135 |
| Operating lease liabilities | (2,452) | (2,265) |
| Accounts payable | 2,034 | 6,590 |
| Accrued expenses and other liabilities | (5,905) | 3,357 |
| Net cash used in operating activities | (157,240) | (119,186) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from issuance of ordinary shares and Pre-funded Warrants, net of issuance costs | 140,357 | 26,219 |
| Proceeds from the exercise of warrants | — | 37,258 |
| Proceeds from the vesting of restricted share units | 1 | — |
| Payments of withholding tax on stock award | — | (239) |
| Proceeds from the issuance of shares under the employee share purchase plan | 319 | 365 |
| Proceeds from exercise of options | 35 | 221 |
| Net cash provided by financing activities | 140,712 | 63,824 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 1,045 | 194 |
| Net (decrease)/increase in cash, cash equivalents and restricted cash | (15,483) | (55,168) |
| Cash, cash equivalents and restricted cash, beginning of the period | 165,470 | 220,638 |
| Cash, cash equivalents and restricted cash, end of the period | $149,987 | $165,470 |
| SUPPLEMENTAL CASH FLOW INFORMATION: | ||
| Cash paid for interest | $3,050 | $3,070 |
| Cash paid for taxes | $755 | $1,121 |
The following table provides a reconciliation of the cash, cash equivalents and restricted cash balances as of each of the periods, shown above:
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash and cash equivalents | $149,608 | $165,081 |
| Short-term restricted cash | 379 | 389 |
| Total cash, cash equivalents and restricted cash | $149,987 | $165,470 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.