What is First Tracks Biotherapeutics Inc's capex?

First Tracks Biotherapeutics Inc (TRAX) reported capex of $17K in Q1 2026.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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Reported directly by First Tracks Biotherapeutics Inc in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: First Tracks Biotherapeutics Inc’s 10-Q, filed May 14, 2026.

(in thousands)	Three Months Ended March 31, 2026	Three Months Ended March 31, 2025
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of investments	—	(122,547)
Sales and maturities of investments	35,000	137,429
Purchases of property and equipment	(17)	(35)
Net cash provided by investing activities	34,983	14,847
CASH FLOWS FROM FINANCING ACTIVITIES:
Net parent investment	7,851	5,716
Net cash provided by financing activities	7,851	5,716

Item 1. Combined Financial Statements.

What is First Tracks Biotherapeutics Inc's capex?: First Tracks Biotherapeutics Inc (TRAX) reported capex of $17K in Q1 2026.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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