iSpecimen 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 | $-1.4M | $-2.3M | $-5.0M | $-2.8M | $-1.0M | $-1.7M | $-6.0M | $-1.4M |
| Depreciation & Amortization | $201.5K | $135.9K | $407.7K | $457.7K | $432.7K | $432.7K | $548.0K | $542.8K |
| Depreciation | $2.1K | $2.4K | $17.1K | $17.1K | $17.1K | $17.1K | $17.1K | $16.5K |
| Amortization | — | — | $47.9K | $47.9K | $47.9K | $47.9K | $47.9K | $47.9K |
| Stock-Based Compensation | $153 | $1.0K | $1.8K | $1.8K | $1.8K | $15.9K | $11.0K | $65.1K |
| Net Cash from Operating Activities | $-689.6K | $-3.4M | $-916.9K | $-2.0M | $-192.2K | $-1.1M | $-3.6M | $-1.1M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | $7.9K | $14.5K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $0 | $-700.0K | — | — | — | — | $-73.1K | $-180.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | $0 |
| Net Cash from Financing Activities | — | — | — | — | — | — | $3.8M | $860.0K |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | $-3.6M | $-1.1M |