What is Neuropace, Inc.'s change in lease liabilities?

Neuropace, Inc. (NPCE) reported change in lease liabilities of -$513K in Q1 2026.

How has Neuropace, Inc.'s change in lease liabilities changed year-over-year?

Neuropace, Inc.'s change in lease liabilities decreased by 14.0% year-over-year, from -$450K to -$513K.

What does change in lease liabilities mean?

Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.

Neuropace, Inc. NPCE Change in Lease Liabilities

Change in Lease Liabilities at other companies

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-$391K-67.1%

Catalyst PharmaceuticalCPRX

-$106K-9.3%

Xenon PharmaceuticalsXENE

-$349K-13.7%

Septerna, Inc.SEPN

-$535K-18.9%

Other financials

Income statement

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Revenue$22.1M-2.0%

Gross profit$18.0M+4.1%

Operating income-$5.6M-8.2%

Net income-$6.7M-1.5%

EPS (diluted)-$0.20+4.8%

Balance sheet

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Cash & equivalents$15.6M-42.4%

Total debt$70.5M-3.7%

Total equity$14.5M-40.4%

Total assets$98.9M-10.3%

Cash flow

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Operating cash flow-$5.9M+21.1%

CapEx$117.0K+216%

Free cash flow-$6.0M+20.0%

Valuation

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Market cap$557.77M+63.4%

Enterprise value$612.6M+58.1%

P/S5.6×+1.6×

Profitability

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Gross margin78.3%+3.5pp

Operating margin-16.8%-3.5pp

Net margin-21.7%-4.5pp

FCF margin-10.3%-3.5pp

Returns & leverage

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Return on equity-111.4%-13.1pp

Debt / equity4.9×+1.9×

Current ratio5.4×-1.2×

Where this comes from

Reported directly by Neuropace, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.

The official record: Neuropace, Inc.’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Neuropace, Inc.'s change in lease liabilities?: Neuropace, Inc. (NPCE) reported change in lease liabilities of -$513K in Q1 2026.
How has Neuropace, Inc.'s change in lease liabilities changed year-over-year?: Neuropace, Inc.'s change in lease liabilities decreased by 14.0% year-over-year, from -$450K to -$513K.
What does change in lease liabilities mean?: Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.