Axogen, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-1.5M | $-19.6M | $-13.2M | $708.0K | $579.0K | $-3.8M | $450.0K | $-1.9M |
| Depreciation & Amortization | $1.6M | $1.6M | $1.6M | $1.6M | $1.7M | $1.7M | $1.6M | $1.7M |
| Depreciation | $1.6M | $1.6M | $1.6M | $1.6M | $1.7M | $1.7M | $1.6M | $1.7M |
| Amortization | $111.0K | $101.0K | $94.0K | $88.0K | $66.0K | $67.0K | $64.0K | $65.0K |
| Stock-Based Compensation | $8.8M | $6.8M | $16.6M | $5.4M | $5.2M | $2.9M | $3.1M | $5.0M |
| Net Cash from Operating Activities | $7.2M | $1.6M | $3.0M | $3.2M | $7.7M | $-13.2M | $8.7M | $3.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $893.0K | $2.8M | $1.2M | $1.5M | $722.0K | $256.0K | $670.0K | $597.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $500.0K | $-16.0M | $4.0M | $-3.8M | $-6.9M | $1.3M | $-813.0K | $-5.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $4.2M | $59.5M | $4.6M | $2.4M | $1.2M | $2.4M | $970.0K | $572.0K |
| Net Change in Cash | $11.9M | $45.1M | $11.6M | $1.9M | $1.9M | $-9.5M | $8.9M | $-527.0K |
| Free Cash Flow | $6.3M | $-1.2M | $1.8M | $1.7M | $7.0M | $-13.4M | $8.1M | $3.3M |