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Absci Corporation ABSI Cash & Equivalents
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Where this comes from
Reported directly by Absci Corporation in its filing.
Tagged under the XBRL concept us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents.
The source filing: Absci Corporation’s 10-Q, filed May 7, 2026.
- Filed
- May 7, 2026, 4:24 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001672688-26-000088
| (In thousands) | For the Three Months Ended March 31, 2026 | For the Three Months Ended March 31, 2025 |
|---|---|---|
| Principal payments on long-term debt | (460) | (762) |
| Principal payments on finance lease obligations | — | (47) |
| Proceeds from issuance of common stock, net | 7,957 | 41,689 |
| Proceeds from issuance of common stock through employee equity plans, net | 59 | 1,914 |
| Net cash provided by financing activities | 7,556 | 42,794 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | (11,389) | 5,911 |
| Cash, cash equivalents and restricted cash - Beginning of period | 21,078 | 58,214 |
| Cash, cash equivalents, and restricted cash - End of period | $9,689 | $64,125 |
Item 1. Unaudited Condensed Consolidated Financial Statements
FAQ
- What is Absci Corporation's cash & equivalents?
- Absci Corporation (ABSI) reported cash & equivalents of $9.69M in Q1 2026.
- How has Absci Corporation's cash & equivalents changed year-over-year?
- Absci Corporation's cash & equivalents decreased by 84.9% year-over-year, from $64.13M to $9.69M.
- What is the long-term trend for Absci Corporation's cash & equivalents?
- Over 5 years (2020 to 2025), Absci Corporation's cash & equivalents has grown at a -21.7% compound annual growth rate (CAGR), from $71.71M to $21.08M.
- What does cash & equivalents mean?
- Cash on hand plus highly liquid investments with maturities of three months or less at purchase — treasury bills, money market funds, and commercial paper.
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