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Summit Therapeutics SMMT Accretion (Amortization) of Discounts and Premiums, Investments
Accretion (Amortization) of Discounts and Premiums, Investments at other companies
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Where this comes from
Reported directly by Summit Therapeutics in its filing.
Tagged under the XBRL concept us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments.
The source filing: Summit Therapeutics’s 10-Q, filed April 30, 2026.
- Filed
- Apr 30, 2026, 5:00 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001599298-26-000039
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Cash flows from operating activities: | ||
| Net loss | $(189,424) | $(62,913) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Amortization of discount on short-term investments | (4,217) | (2,966) |
| Unrealized foreign exchange loss (gain) | 190 | (224) |
| Depreciation | 44 | 25 |
| Stock-based compensation | 72,791 | 11,096 |
| Change in operating assets and liabilities: |
Item 1. Financial Statements.
FAQ
- What is Summit Therapeutics's accretion (amortization) of discounts and premiums, investments?
- Summit Therapeutics (SMMT) reported accretion (amortization) of discounts and premiums, investments of $4.22M in Q1 2026.
- How has Summit Therapeutics's accretion (amortization) of discounts and premiums, investments changed year-over-year?
- Summit Therapeutics's accretion (amortization) of discounts and premiums, investments increased by 42.2% year-over-year, from $2.97M to $4.22M.
- What does accretion (amortization) of discounts and premiums, investments mean?
- This represents the non-cash adjustment to the carrying value of investment securities resulting from the amortization of premiums or accretion of discounts. It reflects the gradual adjustment of investment values toward their face value over time.
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