Company: SCYX
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0000950170-25-038044
Chunk: 126

Company: SCYNEXIS INC
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1B
Chunk 126
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 (21,288
    )
     
    $
    67,041

    Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:

    Depreciation and amortization

    —

    580

    Stock-based compensation expense

    3,346

    2,624

    Accretion of investment discount

    (1,340
    )

    (1,340
    )

    Amortization of debt issuance costs and discount

    1,726

    2,994

    Change in fair value of warrant liabilities

    (13,812
    )

    3,166

    Change in fair value of derivative liability

    (196
    )

    154

    Noncash operating lease expense for right-of-use asset

    272

    230

    Inventory impairment expense

    —

    14,577

    Write off of deferred asset for commitment fees

    —

    514

    Prepayment fee for loan payable payment

    —

    263

    Changes in operating assets and liabilities:

    Prepaid expenses, other assets, deferred costs, and other

    3,388

    (2,971
    )

    License agreement contract asset

    9,854

    (19,363
    )

    License agreement receivable

    1,710

    (2,463
    )

    Accounts receivable

    —

    2,101

    Inventory

    —

    (8,849
    )

    Accounts payable

    (2,650
    )

    1,172

    Accrued expenses

    (3,701
    )

    1,866

    Deferred revenue

    (979
    )

    3,916

    Other liabilities and other

    (339
    )

    (6,053
    )

    Net cash (used in) provided by operating activities

    (24,009
    )

    60,159

    Cash flows from investing activities:

    Purchase of investments

    (36,417
    )

    (85,480
    )

    Maturity of investments

    42,567

    50,603

    Net cash provided by (used in) investing activities

    6,150

    (34,877
    )

    Cash flows from financing activities:

    Payments of offering costs