VirnetX Holding Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-18.2M | $-18.2M | $-27.9M | $-36.3M | $-42.9M | $280.4M | $-19.2M | $-25.4M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $23.0K | $21.0K | $9.0K | $7.0K | $4.0K | $5.0K | $7.0K | $18.0K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $-15.6M | $-15.3M | $-24.8M | $-16.9M | $-51.7M | $281.4M | $-15.1M | $-22.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $17.0K | $22.0K | $65.0K | $0 | $11.0K | $0 | $14.0K | $0 |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $8.8M | $12.5M | $35.9M | $-38.5M | $1.0M | $-26.0M | $-606.0K | $-370.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | $0 | $71.4M | $0 | $0 | $70.8M | $0 | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-873.0K | $-129.0K | $-71.4M | $-29.0K | $-196.0K | $-65.7M | $11.2M | $27.1M |
| Net Change in Cash | — | — | — | — | — | — | — | $4.5M |
| Free Cash Flow | $-15.7M | $-15.3M | $-24.8M | $-16.9M | $-51.7M | $281.4M | $-15.1M | $-22.3M |