Moderna, Inc. (MRNA) FY2024 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-07-01 to 2024-09-30

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Moderna, Inc. cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Proceeds from issuance of common stock through equity plans → financing reconciliation: $8,000,000.00Changes in financing lease liabilities → financing reconciliation: $3,000,000.00financing reconciliation → Net cash from financing activities: $11,000,000.00Proceeds from maturities of marketable securities → investing reconciliation: $1,112,000,000.00Proceeds from sales of marketable securities → investing reconciliation: $1,011,000,000.00investing reconciliation → Net cash from investing activities: $721,000,000.00investing reconciliation → Purchases of marketable securities: $1,251,000,000.00investing reconciliation → Purchases of property, plant and equipment: $151,000,000.00Net cash used in operating activities → operating reconciliation: $1,566,000,000.00Net loss → operating reconciliation: $13,000,000.00Stock-based compensation → operating reconciliation: $112,000,000.00Accounts payable → operating reconciliation: $96,000,000.00Depreciation and amortization → operating reconciliation: $52,000,000.00Accrued liabilities → operating reconciliation: $49,000,000.00Operating lease liabilities → operating reconciliation: $8,000,000.00Loss on equity investments, net → operating reconciliation: $8,000,000.00Other liabilities → operating reconciliation: $6,000,000.00operating reconciliation → Accounts receivable, net: $1,401,000,000.00operating reconciliation → Deferred revenue: $323,000,000.00operating reconciliation → Prepaid expenses and other assets: $150,000,000.00operating reconciliation → Amortization/accretion of investments: $21,000,000.00operating reconciliation → Inventory: $11,000,000.00operating reconciliation → Income taxes payable: $2,000,000.00operating reconciliation → Right-of-use assets, operating leases: $1,000,000.00operating reconciliation → Other non-cash items: $1,000,000.00Exchange-rate effect → Cash sources and uses: $1,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $2,480,000,000.00Net cash from financing activities → Cash sources and uses: $11,000,000.00Net cash from investing activities → Cash sources and uses: $721,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,647,000,000.00Cash sources and uses → Net cash used in operating activities: $1,566,000,000.00Stock-based compensation: $112,000,000.00Stock-based compensation+$112.00 MPrepaid expenses and other assets: -$150,000,000.00Prepaid & other assets−$150.00 MRight-of-use assets, operating leases: -$1,000,000.00Operating lease right-of-use−$1.00 MAmortization/accretion of investments: -$21,000,000.00Securities accretion, net−$21.00 MOther liabilities: $6,000,000.00Other operating liabilities+$6.00 MAccounts payable: $96,000,000.00Accounts payable+$96.00 MDeferred income taxes: $0.00Deferred revenue: -$323,000,000.00Deferred revenue−$323.00 MAccounts receivable, net: -$1,401,000,000.00Accounts receivable−$1.40 BOperating lease liabilities: $8,000,000.00Operating lease liabilities+$8.00 MOther non-cash items: -$1,000,000.00Other non-cash items−$1.00 MAccrued liabilities: $49,000,000.00Accrued liabilities+$49.00 MNet loss: $13,000,000.00Net loss+$13.00 MInventory: -$11,000,000.00Inventories−$11.00 MDepreciation and amortization: $52,000,000.00Other D&A+$52.00 MLoss on equity investments, net: $8,000,000.00Equity-method income, net+$8.00 MIncome taxes payable: -$2,000,000.00Income taxes payable−$2.00 MNet cash used in operating activities: -$1,566,000,000.00. Cash required to fund net payments.Operating cash−$1.57 Boperating reconciliation: $1,910,000,000.00Changes in financing lease liabilities: $3,000,000.00Financing lease liabilities+$3.00 MRepurchase of common stock, including excise tax: $0.00Proceeds from issuance of common stock through equity plans: $8,000,000.00Stock plan proceeds+$8.00 MNet cash from financing activities: $11,000,000.00Financing cash+$11.00 Mfinancing reconciliation: $11,000,000.00Acquisition of business, net of cash acquired: $0.00Investment in convertible notes and equity securities: $0.00Purchases of marketable securities: -$1,251,000,000.00AFS securities purchases−$1.25 BProceeds from maturities of marketable securities: $1,112,000,000.00AFS securities maturities+$1.11 BProceeds from sales of marketable securities: $1,011,000,000.00AFS securities sales+$1.01 BPurchases of property, plant and equipment: -$151,000,000.00PP&E purchases−$151.00 MNet cash from investing activities: $721,000,000.00Investing cash+$721.00 Minvesting reconciliation: $2,123,000,000.00Cash sources and uses: $3,213,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $2,480,000,000.00Beginning cash$2.48 BEnding cash: Cash, cash equivalents, and restricted cash: $1,647,000,000.00Ending cash$1.65 BExchange-rate effect: $1,000,000.00FX effect+$1.00 MCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsFree cash flow−$1.72 BOperating cash − cash spent on PP&ECash flow / Net income−120.46×Operating cash flow ÷ net incomeNet cash change−$833.00 MEnding cash − beginning cash
Chart details

Moderna, Inc. cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024

Cash flows for Jul 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2024. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 30, 2024
2,480,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 1,566,000,000 US dollars. Net cash used.
Net loss
13,000,000 US dollars
Stock-based compensation
112,000,000 US dollars
Prepaid expenses and other assets
negative 150,000,000 US dollars
Right-of-use assets, operating leases
negative 1,000,000 US dollars
Amortization/accretion of investments
negative 21,000,000 US dollars
Other liabilities
6,000,000 US dollars
Accounts payable
96,000,000 US dollars
Deferred income taxes
0 US dollars
Deferred revenue
negative 323,000,000 US dollars
Accounts receivable, net
negative 1,401,000,000 US dollars
Operating lease liabilities
8,000,000 US dollars
Other non-cash items
negative 1,000,000 US dollars
Accrued liabilities
49,000,000 US dollars
Inventory
negative 11,000,000 US dollars
Depreciation and amortization
52,000,000 US dollars
Loss on equity investments, net
8,000,000 US dollars
Income taxes payable
negative 2,000,000 US dollars
Investing activities
721,000,000 US dollars. Net cash provided.
Acquisition of business, net of cash acquired
0 US dollars
Investment in convertible notes and equity securities
0 US dollars
Purchases of marketable securities
negative 1,251,000,000 US dollars
Proceeds from maturities of marketable securities
1,112,000,000 US dollars
Proceeds from sales of marketable securities
1,011,000,000 US dollars
Purchases of property, plant and equipment
negative 151,000,000 US dollars
Financing activities
11,000,000 US dollars. Net cash provided.
Changes in financing lease liabilities
3,000,000 US dollars
Repurchase of common stock, including excise tax
0 US dollars
Proceeds from issuance of common stock through equity plans
8,000,000 US dollars
Operating adjustment reconciliation
1,910,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
11,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
2,123,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
1,000,000 US dollars
Ending cash on Sep 30, 2024
1,647,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
3,213,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 833,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
−120.46×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
negative 1,566,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
151,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 1,717,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 1,566,000,000 US dollars minus 151,000,000 US dollars equals negative 1,717,000,000 US dollars.
Moderna, Inc. (MRNA) FY2024 Q3 Statement of Cash Flows Sankey chart
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