iSpecimen Inc.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-2.1M | $-2.9M | $-3.1M | $-2.1M | $-3.5M | $-2.4M | $-2.2M | $-3.1M |
| Depreciation & Amortization | $606.7K | $596.7K | — | — | — | — | — | — |
| Depreciation | $16.1K | $16.1K | $18.4K | $23.4K | $37.1K | $38.6K | $8.8K | $4.5K |
| Amortization | $47.9K | $47.9K | $43.1K | $6.4K | $0 | $0 | $357.0K | $292.7K |
| Stock-Based Compensation | $79.6K | $93.9K | $108.1K | $106.3K | $124.7K | $120.6K | $45.1K | $219.9K |
| Net Cash from Operating Activities | $-1.5M | $-2.1M | $345.1K | $-1.6M | $-1.7M | $-2.8M | $-207.4K | $-2.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $9.1K | $0 | $5.7K | $5.7K | $8.0K | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $295.1K | $1.9M | $-723.0K | $2.4M | $-68.0K | $-8.8M | $-1.6M | $-772.1K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $52.5K | — | — | — | — | — | — |
| Net Cash from Financing Activities | $1.3M | $-118.9K | $0 | $0 | $3.2K | $67.7K | $-3.5M | $-5.0K |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $-1.5M | $-2.1M | $345.1K | $-1.6M | $-1.7M | $-2.8M | — | — |