Company: ZLAB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001628280-25-008409
Chunk: 90

Company: Zai Lab Ltd
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 90
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 follow-on public offering, net of issuance cost of $2,27790,196,0701 215,073 — — — — 215,074 Share-based compensation—— 70,651 — — —— 70,651 Net loss—— — (257,103)— —— (257,103)Foreign currency translation—— — — 12,889 —— 12,889 Balance at December 31, 20241,082,614,7407 3,264,295 (2,453,083)50,515 (4,912,200)(20,836)840,898 

The accompanying notes are an integral part of these consolidated financial statements. “0” in above table means less than 1,000 dollars. 

F-8

Zai Lab Limited 

Consolidated Statements of Cash Flows 

(in thousands of $) 

Year Ended December 31,202420232022Cash flows from operating activitiesNet loss(257,103)(334,620)(443,286)Adjustments to reconcile net loss to net cash used in operating activities:Allowance for credit losses8 6 1 Inventory write-down815 973 477 Depreciation and amortization expenses11,856 9,029 8,227 Impairment of property and equipment— 57 — Amortization of deferred income(3,520)(3,383)(2,602)Share-based compensation70,651 79,634 61,302 Share of loss from equity method investment— — 221 Loss (gain) from fair value changes of equity investment with readily determinable fair value6,105 (2,789)8,952 Losses on disposal of property and equipment453 159 560 Gain on disposal of land use right— (408)— Noncash lease expenses8,419 8,708 8,350 Gain from sale of intellectual property— (10,000)— Foreign currency remeasurement impact15,137 14,850 56,403 Amortization of debt issuance cost700 — — Changes in operating assets and liabilities:Accounts receivable(26,975)(20,040)4,330 Notes receivable1,762 2,352 (1,976)Inventories3,896 (14,907)(15,382