Bright Minds Biosciences (XCNQ:DRUG) Ending Cash Position : C$6.76 Mil (As of Dec. 2023)

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What is Bright Minds Biosciences Ending Cash Position?

Bright Minds Biosciences's Ending Cash Position for the quarter that ended in Dec. 2023 was C$6.76 Mil.

Bright Minds Biosciences's quarterly Ending Cash Position declined from Jun. 2023 (C$8.13 Mil) to Sep. 2023 (C$6.75 Mil) but then increased from Sep. 2023 (C$6.75 Mil) to Dec. 2023 (C$6.76 Mil).

Bright Minds Biosciences's annual Ending Cash Position declined from Sep. 2021 (C$19.76 Mil) to Sep. 2022 (C$11.63 Mil) and declined from Sep. 2022 (C$11.63 Mil) to Sep. 2023 (C$6.75 Mil).

Bright Minds Biosciences Ending Cash Position Historical Data

The historical data trend for Bright Minds Biosciences'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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Bright Minds Biosciences Ending Cash Position Chart

Bright Minds Biosciences Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Ending Cash Position

0.80

19.76

11.63

6.75

Bright Minds Biosciences Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Ending Cash Position	Get a 7-Day Free Trial												11.21	9.67	8.13	6.75	6.76

Bright Minds Biosciences 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.

Bright Minds Biosciences's Ending Cash Position for the fiscal year that ended in Sep. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	11.627	+	-4.879
	=	6.75

Bright Minds Biosciences's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	6.748	+	0.014
	=	6.76

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Bright Minds Biosciences (XCNQ:DRUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Bright Minds Biosciences Inc (XCNQ:DRUG) » Definitions » Ending Cash Position

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Traded in Other Exchanges

DRUG:USA

Address

19 Vestry Street, New York, NY, USA, 10013

Website

https://www.brightmindsbio.com

Bright Minds Biosciences Inc is focused on developing novel transformative treatments for neuropsychiatric disorders, epilepsy, and pain. The company has a portfolio of next-generation serotonin agonists designed to target neurocircuit abnormalities that are responsible for difficult to treat disorders such as resistant epilepsy, treatment resistant depression, PTSD, and pain. The company's drugs have been designed to potentially retain the powerful therapeutic aspects of psychedelic and other serotonergic compounds, while minimizing the side effects, thereby creating superior drugs to first-generation compounds, such as psilocybin.