TALPHERA, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-14.3M | $-13.0M | $-18.4M | $47.8M | $-35.1M | $-40.4M | $-53.2M | $-47.1M |
| Depreciation & Amortization | — | $0 | $311.0K | $1.6M | $2.0M | $1.9M | $1.7M | $575.0K |
| Depreciation | — | — | — | $800.0K | $1.1M | $1.1M | $900.0K | $500.0K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $699.0K | $989.0K | $1.7M | $2.9M | $4.6M | $4.4M | $5.1M | $5.2M |
| Net Cash from Operating Activities | $-11.4M | $-12.7M | $-17.5M | $-28.3M | $-30.0M | $-38.5M | $-51.2M | $-29.1M |
| Investing Activities | ||||||||
| Capital Expenditures | — | $0 | $100.0K | $364.0K | $1.8M | $1.9M | $3.5M | $819.0K |
| Business Acquisitions | — | — | $0 | $1.7M | $821.0K | — | — | — |
| Net Cash from Investing Activities | $-14.3M | $3.8M | $-528.0K | $36.5M | $-26.1M | $34.1M | $-36.6M | $-10.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $22.7M | $12.0M | $3.5M | $-507.0K | $41.5M | $17.0M | $14.5M | $75.0M |
| Net Change in Cash | $-3.0M | $3.1M | $-14.6M | $7.6M | $-14.6M | $12.6M | $-73.3M | $35.1M |
| Free Cash Flow | — | $-12.7M | $-17.6M | $-28.7M | $-31.8M | $-40.4M | $-54.7M | $-29.9M |