Codexis, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-44.0M | $-65.3M | $-76.2M | $-33.6M | $-21.3M | $-24.0M | $-11.9M | $-10.9M |
| Depreciation & Amortization | $5.2M | $4.9M | $5.5M | $5.4M | — | — | — | — |
| Depreciation | $5.1M | $4.8M | $5.5M | $5.4M | $3.1M | $2.0M | $1.6M | $1.1M |
| Amortization | — | — | — | — | — | — | — | $0 |
| Stock-Based Compensation | $9.6M | $13.1M | $10.0M | $14.5M | $11.6M | $7.7M | $6.9M | $7.9M |
| Net Cash from Operating Activities | $-19.4M | $-49.4M | $-52.6M | $11.3M | $-14.3M | $-16.5M | $-12.6M | $-14.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $4.5M | $4.3M | $4.4M | $8.3M | $13.8M | $3.7M | $3.7M | $2.8M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $23.5M | $-57.0M | $-4.9M | $-13.6M | $-21.4M | $-5.7M | $-3.7M | $-2.8M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $27.9M | $60.5M | $8.2M | $-575.0K | $3.8M | $80.8M | $54.0M | $38.6M |
| Net Change in Cash | $32.1M | $-45.9M | $-49.3M | $-2.9M | $-31.9M | $58.6M | $37.7M | $21.7M |
| Free Cash Flow | $-23.8M | $-53.7M | $-57.1M | $3.0M | $-28.1M | $-20.2M | $-16.3M | $-16.9M |