Key points
- Net cash used in operating activities of $4.4M in the quarter
- Cash and cash equivalents of $5.0M at quarter end
- Expecting increase in cash during Q4 from device installations and receipts
Full summary
Curvebeam Ai Ltd has released its Appendix 4C quarterly cash flow report for the quarter ended 31 March 2025. The company reported net cash used in operating activities of $4.4M for the quarter, with cash and cash equivalents of $4.9M at the end of the period. This was a decrease from $8.8M at the end of the previous quarter. The company noted that negative net operating cash flows are expected to decrease substantially in the near term, driven by customer receipts from delivery and installation of purchase orders on hand. Curvebeam Ai is expecting an increase in cash during Q4 with anticipated device installations, receipts, and other initiatives. The company continues to explore additional sources of non-dilutive funding to support its operations and meet business objectives.
Outlook
The company is expecting an increase in cash during Q4 driven by customer receipts from device installations. Curvebeam Ai continues to explore additional sources of non-dilutive funding to support its operations and meet business objectives.