Company: ZLAB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001628280-25-008409
Chunk: 24

Company: Zai Lab Ltd
Filing Date: 2025-02-27
Form: 10-K
Item: Item 16
Chunk 24
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,274 Purchases of property and equipment(5,657)(7,212)(24,585)Proceeds from the sale of property and equipment29 122 — Acquisition of intangible assets(55,865)(1,279)(399)Proceeds from sale of intellectual property— 10,000 — Proceeds from disposal of land use right— 3,893 — Net cash (used in) provided by investing activities(375,193)(10,776)420,016 Cash flows from financing activitiesProceeds from short-term debt131,606 — — Repayment of short-term bank borrowings(284)— — Payment of debt issuance cost(700)— — Proceeds from exercises of stock options3,200 2,369 5,870 Proceeds from issuance of ordinary shares upon public offerings217,350 — — Payments of public offering costs(1,283)— — Taxes paid related to settlement of equity awards— (8,802)(7,600)Net cash provided by (used in) financing activities349,889 (6,433)(1,730)Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash(310)(2,622)(6,274)Net (decrease) increase in cash, cash equivalents and restricted cash(240,483)(218,009)44,370 Cash, cash equivalents and restricted cash — beginning of the year791,264 1,009,273 964,903 Cash, cash equivalents and restricted cash — end of the year550,781 791,264 1,009,273 Supplemental disclosure of cash flow informationCash paid for interest2,021 — — Supplemental disclosure on non-cash investing and financing activitiesPayables for purchase of property and equipment449 2,474 5,269 Payables for acquisition of intangible assets2,721 11,516 163 Payables for public offering costs994 — — Right-of-use asset acquired under operating leases15,150 3,668 14,801 Receivables for stock option exercise under equity incentive plans70 — — 

The accompanying notes are an integral part of these consolidated financial statements.

F-9

Zai Lab LimitedNotes to the Consolidated Financial StatementsFor the Years Ended December 31, 2024, 2023,