Natera, Inc. (NTRA) FY2024 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-03-31

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Natera, Inc. cash flow reconciliation, Jan 1, 2024 through Mar 31, 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.Stock-based compensation → operating reconciliation: $64,447,000.00Accrued compensation → operating reconciliation: $17,789,000.00Prepaid expenses and other assets → operating reconciliation: $14,428,000.00Accounts payable → operating reconciliation: $10,732,000.00Depreciation and amortization → operating reconciliation: $7,063,000.00Non-cash lease expense → operating reconciliation: $3,593,000.00Deferred revenue → operating reconciliation: $793,000.00Foreign exchange adjustment → operating reconciliation: $359,000.00Amortization of debt discount and issuance cost → operating reconciliation: $328,000.00operating reconciliation → Net cash from operating activities: $27,001,000.00operating reconciliation → Net loss: $67,599,000.00operating reconciliation → Accounts receivable: $10,459,000.00operating reconciliation → Other accrued liabilities: $7,625,000.00operating reconciliation → Operating lease liabilities: $4,122,000.00operating reconciliation → Inventory: $2,265,000.00operating reconciliation → Premium amortization and discount accretion on investment securities: $460,000.00operating reconciliation → Non-cash interest expense: $1,000.00Proceeds from exercise of stock options → financing reconciliation: $6,466,000.00financing reconciliation → Net cash from financing activities: $6,466,000.00Proceeds from maturity of investments → investing reconciliation: $169,065,000.00investing reconciliation → Net cash from investing activities: $138,255,000.00investing reconciliation → Purchases of property and equipment, net: $20,315,000.00investing reconciliation → Cash paid for acquisition of an asset: $10,495,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $642,095,000.00Net cash from operating activities → Cash sources and uses: $27,001,000.00Net cash from financing activities → Cash sources and uses: $6,466,000.00Net cash from investing activities → Cash sources and uses: $138,255,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $813,817,000.00Net loss: -$67,599,000.00Net loss−$67.60 MDepreciation and amortization: $7,063,000.00Depreciation & amortization+$7.06 MNon-cash lease expense: $3,593,000.00Non-cash lease expense+$3.59 MForeign exchange adjustment: $359,000.00FX transaction gain & loss+$359.00 KNon-cash interest expense: -$1,000.00Non-cash interest expense−$1.00 KPremium amortization and discount accretion on investment securities: -$460,000.00Securities premium & discount−$460.00 KAmortization of debt discount and issuance cost: $328,000.00Discount & premium amortization+$328.00 KAccounts payable: $10,732,000.00Accounts payable+$10.73 MAccounts receivable: -$10,459,000.00Accounts receivable−$10.46 MDeferred revenue: $793,000.00Deferred revenue+$793.00 KOperating lease liabilities: -$4,122,000.00Operating lease liabilities−$4.12 MAccrued compensation: $17,789,000.00Accrued compensation+$17.79 MInventory: -$2,265,000.00Inventories−$2.27 MOther accrued liabilities: -$7,625,000.00Other accrued liabilities−$7.63 MPrepaid expenses and other assets: $14,428,000.00Prepaid & other assets+$14.43 MStock-based compensation: $64,447,000.00Stock-based compensation+$64.45 MNet cash from operating activities: $27,001,000.00Operating cash+$27.00 Moperating reconciliation: $119,532,000.00Proceeds from exercise of stock options: $6,466,000.00Stock option exercises+$6.47 MNet cash from financing activities: $6,466,000.00Financing cash+$6.47 Mfinancing reconciliation: $6,466,000.00Proceeds from maturity of investments: $169,065,000.00AFS securities maturities+$169.07 MCash paid for acquisition of an asset: -$10,495,000.00Cash paid for acquisition of an asset−$10.50 MPurchases of property and equipment, net: -$20,315,000.00PP&E purchases−$20.32 MNet cash from investing activities: $138,255,000.00Investing cash+$138.26 Minvesting reconciliation: $169,065,000.00Cash sources and uses: $813,817,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $642,095,000.00Beginning cash$642.10 MEnding cash: Cash, cash equivalents, and restricted cash: $813,817,000.00Ending cash$813.82 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsNet loss −$67.60M + net operating adjustments $94.60M = operating cash +$27.00MFree cash flow$6.69 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$171.72 MEnding cash − beginning cash
Chart details

Natera, Inc. cash flow reconciliation, Jan 1, 2024 through Mar 31, 2024

Cash flows for Jan 1, 2024 through Mar 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Mar 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
642,095,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
27,001,000 US dollars. Net cash provided.
Net loss
negative 67,599,000 US dollars
Depreciation and amortization
7,063,000 US dollars
Non-cash lease expense
3,593,000 US dollars
Foreign exchange adjustment
359,000 US dollars
Non-cash interest expense
negative 1,000 US dollars
Premium amortization and discount accretion on investment securities
negative 460,000 US dollars
Amortization of debt discount and issuance cost
328,000 US dollars
Accounts payable
10,732,000 US dollars
Accounts receivable
negative 10,459,000 US dollars
Deferred revenue
793,000 US dollars
Operating lease liabilities
negative 4,122,000 US dollars
Accrued compensation
17,789,000 US dollars
Inventory
negative 2,265,000 US dollars
Other accrued liabilities
negative 7,625,000 US dollars
Prepaid expenses and other assets
14,428,000 US dollars
Stock-based compensation
64,447,000 US dollars
Investing activities
138,255,000 US dollars. Net cash provided.
Proceeds from maturity of investments
169,065,000 US dollars
Cash paid for acquisition of an asset
negative 10,495,000 US dollars
Purchases of property and equipment, net
negative 20,315,000 US dollars
Financing activities
6,466,000 US dollars. Net cash provided.
Proceeds from exercise of stock options
6,466,000 US dollars
Operating adjustment reconciliation
119,532,000 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
6,466,000 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
169,065,000 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
0 US dollars
Ending cash on Mar 31, 2024
813,817,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
813,817,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
171,722,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
27,001,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
20,315,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
6,686,000 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 loss −$67.60M + net operating adjustments $94.60M = operating cash +$27.00M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • 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: 27,001,000 US dollars minus 20,315,000 US dollars equals 6,686,000 US dollars.
Natera, Inc. (NTRA) FY2024 Q1 Statement of Cash Flows Sankey chart
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