Company: DARE
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001401914-25-000022
Chunk: 14

Company: Dare Bioscience, Inc.
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 1
Chunk 14
---
345,450 Operating lease liability(131,429)(120,802)Accounts payable(31,539)654,958 Accrued expenses(1,084,031)(1,318,149)Royalties payable — 7,674 Interest payable117,865 117,213 Deferred grant funding(1,439,663)(1,901,283)Net cash used in operating activities(5,470,543)(6,812,962)Cash flows from investing activitiesPurchases of property and equipment(157,331)(7,296)Net cash used in investing activities(157,331)(7,296)Cash flows from financing activitiesNet proceeds from issuance of common stock 436,248 215,113 Repayment of liability on sale of future royalties(2,450)(690)Payments on note payable(187,221)(200,391)Net cash provided by financing activities246,577 14,032 Effect of exchange rate changes on cash and cash equivalents and restricted cash 13,090 (39,227)Net change in cash, cash equivalents and restricted cash(5,368,207)(6,845,453)Cash, cash equivalents, and restricted cash,  beginning of period15,998,174 10,811,056 Cash, cash equivalents, and restricted cash, end of period$10,629,967 $3,965,603 Reconciliation of cash, cash equivalents and restricted cash to amounts reported in the condensed consolidated balance sheets:Cash and cash equivalents$10,329,967 3,630,603 Restricted cash included in other non-current assets300,000 335,000 Total cash, cash equivalents and restricted cash$10,629,967 $3,965,603 Supplemental disclosure of non-cash investing and financing activities:Operating right-of-use assets obtained in exchange for new operating lease liabilities, net$— $358,315 Finance right-of-use asset obtained in exchange for new finance lease liability$2,841,027 $— Prepaid rent reclassified to finance lease right-of-use asset$458,850 $— Finance lease payment due included in accounts payable$458,850 $— 

See accompanying notes.

4

Daré Bioscience, Inc. and Subsidiaries

Notes to Condensed Consolidated Financial Statements (Unaudited)

1.    ORGANIZATION AND DESCRIPTION OF BUSINESS

Daré