iSpecimen Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-10.5M | $-12.5M | $-11.1M | $-10.2M | $-9.0M | $-4.7M |
| Depreciation & Amortization | $1.7M | $2.3M | $2.1M | — | — | — |
| Depreciation | $68.5K | $65.7K | $117.5K | $22.4K | $45.4K | $44.8K |
| Amortization | $191.6K | $191.6K | $49.5K | $1.2M | $958.6K | $774.9K |
| Stock-Based Compensation | $21.3K | $249.7K | $459.7K | $678.6K | $622.1K | $92.9K |
| Net Cash from Operating Activities | $-4.2M | $-8.3M | $-5.8M | $-5.8M | $-10.7M | $-288.4K |
| Investing Activities | ||||||
| Capital Expenditures | $454 | $31.5K | $19.5K | $215.5K | $2.6K | $426 |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.0M | $2.0M | $-7.2M | $-3.2M | $-1.0M | $-1.1M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $10.2M | $5.8M | $70.9K | $-3.4M | $38.7M | $2.0M |
| Net Change in Cash | — | — | — | — | — | — |
| Free Cash Flow | $-4.2M | $-8.3M | $-5.8M | $-6.0M | $-10.7M | $-288.8K |