Psyence Biomedical (Psyence Biomedical) Ending Cash Position : $1.32 Mil (As of Mar. 2023)

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What is Psyence Biomedical Ending Cash Position?

Psyence Biomedical's Ending Cash Position for the quarter that ended in Mar. 2023 was $1.32 Mil.

Psyence Biomedical's quarterly Ending Cash Position increased from Mar. 2021 ($0.00 Mil) to Mar. 2022 ($1.73 Mil) but then declined from Mar. 2022 ($1.73 Mil) to Mar. 2023 ($1.32 Mil).

Psyence Biomedical's annual Ending Cash Position increased from Mar. 2021 ($0.00 Mil) to Mar. 2022 ($1.73 Mil) but then declined from Mar. 2022 ($1.73 Mil) to Mar. 2023 ($1.32 Mil).

Psyence Biomedical Ending Cash Position Historical Data

The historical data trend for Psyence Biomedical's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Psyence Biomedical Ending Cash Position Chart

Psyence Biomedical Annual Data

Trend

Mar21

Mar22

Mar23

Ending Cash Position

1.73

1.32

Psyence Biomedical Semi-Annual Data
	Mar21	Mar22	Mar23
Ending Cash Position	-	1.73	1.32

Psyence Biomedical Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Psyence Biomedical's Ending Cash Position for the fiscal year that ended in Mar. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	1.602	+	-0.282
	=	1.32

Psyence Biomedical's Ending Cash Position for the quarter that ended in Mar. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	1.602	+	-0.282
	=	1.32

Psyence Biomedical Ending Cash Position Related Terms

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Psyence Biomedical (Psyence Biomedical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Psyence Biomedical Ltd (NAS:PBM) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Richmond Street West, Penthouse Suite 1300, Toronto, ON, CAN, M5H 2K1

Website

https://www.psyence.com

Psyence Biomedical Ltd is a life science biotechnology company pioneering the use of natural psychedelics in mental health and wellbeing. It develops natural psilocybin products for the healing of psychological trauma and its mental health consequences in the context of palliative care. The company has commenced the clinical trial process to evaluate the safety and efficacy of its product candidates. It cultivates natural psilocybin mushrooms at its federally licensed ISO22000 facility in Southern Africa. This product is produced for export to its partners across the world to be processed into a standardized encapsulated product.

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