CVRx, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-53.3M | $-60.0M | $-41.2M | $-41.4M | $-43.1M | $-14.1M |
| Depreciation & Amortization | — | — | — | — | — | — |
| Depreciation | $756.0K | $619.0K | $522.0K | $412.0K | $168.0K | $75.0K |
| Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | $11.1M | $19.1M | $6.3M | $3.9M | $1.9M | $132.0K |
| Net Cash from Operating Activities | $-40.2M | $-39.1M | $-39.0M | $-42.7M | $-27.7M | $-16.1M |
| Investing Activities | ||||||
| Capital Expenditures | $580.0K | $1.4M | $591.0K | $685.0K | $1.2M | $311.0K |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-580.0K | $-1.4M | $-591.0K | $-685.0K | $-1.2M | $-311.0K |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $10.5M | $55.9M | $24.0M | $7.5M | $111.9M | $49.8M |
| Net Change in Cash | $-30.2M | $15.4M | $-15.6M | $-35.9M | $83.0M | $33.4M |
| Free Cash Flow | $-40.8M | $-40.5M | $-39.6M | $-43.4M | $-28.9M | $-16.4M |