Ardelyx, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-61.6M | $-39.1M | $-66.1M | $-67.2M | $-158.2M | $-94.3M | $-94.9M | $-91.3M |
| Depreciation & Amortization | $3.1M | $2.1M | $1.3M | $1.1M | $2.8M | $2.5M | $2.5M | $2.7M |
| Depreciation | $800.0K | $500.0K | $600.0K | $700.0K | $1.4M | $1.8M | $2.5M | $2.7M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $49.0M | $37.4M | $13.5M | $10.8M | $12.0M | $10.6M | $9.9M | $9.2M |
| Net Cash from Operating Activities | $-42.5M | $-44.8M | $-89.7M | $-70.0M | $-152.6M | $-81.4M | $-76.5M | $-70.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.5M | $1.0M | $344.0K | $55.0K | $1.9M | $324.0K | $325.0K | $311.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-9.0M | $-18.3M | $-131.2M | $18.4M | $50.9M | $-31.4M | $23.4M | $-29.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $54.5M | $106.6M | $146.3M | $75.3M | $83.0M | $22.8M | $155.5M | $103.6M |
| Net Change in Cash | $3.1M | $43.5M | $-74.7M | $23.7M | $-18.6M | $-90.1M | $102.4M | $3.4M |
| Free Cash Flow | $-44.0M | $-45.8M | $-90.1M | $-70.1M | $-154.4M | $-81.8M | $-76.8M | $-70.6M |