Verastem, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-209.5M | $-130.6M | $-87.4M | $-73.8M | $-71.2M | $-67.7M | $-149.2M | $-72.4M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $30.0K | $26.0K | $62.0K | $118.0K | $206.0K | $531.0K | $429.0K | $996.0K |
| Amortization | $698.0K | — | — | — | — | $793.0K | $1.6M | $423.0K |
| Stock-Based Compensation | $9.4M | $7.3M | $5.9M | $6.0M | $7.7M | $8.1M | $8.5M | $6.7M |
| Net Cash from Operating Activities | $-137.5M | $-104.8M | $-86.5M | $-63.7M | $-53.5M | $-33.5M | $-138.5M | $-74.5M |
| Investing Activities | ||||||||
| Capital Expenditures | — | $28.0K | — | — | $196.0K | $33.0K | $7.0K | $1.5M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-9.6M | $60.0M | $-44.4M | $66.2M | $87.0K | $-47.4M | $89.6M | $-138.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $263.3M | $54.8M | $134.2M | $51.8M | $6.9M | $69.6M | $-2.4M | $261.2M |
| Net Change in Cash | $116.2M | $10.0M | $3.3M | $54.3M | $-46.5M | $-11.2M | $-51.3M | $48.3M |
| Free Cash Flow | — | $-104.8M | — | — | $-53.7M | $-33.5M | $-138.5M | $-76.0M |