Cardiol Therapeutics Inc. (CRDL) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -7.54M | -5.23M | -6.93M | -4.55M | -7.15M | -5.59M | -7.77M | -4.78M | -6.92M | -6.46M | -3.41M | -5.35M | -9.95M | -8.92M | -1.69M | -2.57M | -10.41M | -4.01M | -5.03M | -6.07M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7711.23% |
| Operating CF Growth % | -5.36% | 6.58% | 10.86% | 4.71% | -3.34% | 13.48% | -127.53% | 10.81% | 30.4% | 27.53% | -101.63% | -108.62% | 4.49% | -122.6% | 66.35% | 57.74% | -47.01% | -54.79% | -68.75% | -412.59% |
| Net Income | -10.85M | -7.21M | -9.96M | -8.35M | -8.29M | -8.18M | -12.73M | -6.59M | -9.18M | -7.64M | -5.93M | -7.47M | -7.09M | -7.52M | -7.97M | -6.49M | -8.95M | -6.26M | -7.81M | -6.56M |
| Depreciation & Amortization | 26.78K | 25.98K | 25.55K | 25.47K | 24.99K | 48.49K | 201.09K | 61.91K | 61.62K | 66.76K | 64.89K | 58.5K | 58.2K | 58.03K | 54.48K | 53.78K | 53.62K | 55.59K | 43.81K | 54.62K |
| Stock-Based Compensation | 0 | 3.01M | 4M | 2.54M | 1.15M | 3.15M | 8.42M | 1.81M | 902.1K | 1.01M | 2.05M | 666.4K | 426.82K | 947.96K | 3.58M | -582.24K | 1.07M | 4.59M | 0 | 826.65K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 575.32K | 10.36K | -76.84K | -4.44M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 3.16M | -422.13K | -363.74K | 566.79K | 113.75K | -1.6M | -991.1K | -834.36K | 1.32M | -595.36K | 5.94K | 1.38K | 18.08K | 93.47K | 1.7M | 1.66M | -2.65M | -3.78M | 2.3M | 434.72K |
| Working Capital Changes | 119.41K | -630.72K | -622.15K | 671.36K | -151.82K | 990.41K | -2.67M | 782.04K | -31.03K | 688.1K | -181.28K | 1.38M | -3.28M | 1.94M | 943.01K | 2.79M | 73.55K | 1.39M | 435.28K | -828.41K |
| Change in Receivables | -113.8K | -30.32K | 84.01K | 66.8K | 14.93K | -94.92K | 37 | 74.68K | -37.23K | 35.24K | 10.35K | 9.48K | 12.1K | -55.8K | -48.45K | 82.38K | -78.87K | -21.75K | 235.52K | -367.87K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23.02K | -444.93K | 2.61M | -1.68M | 0 | 0 | 0 | 0 | 0 | 17.97K |
| Change in Payables | 1.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23.02K | 444.93K | -2.61M | 1.68M | 0 | 0 | 0 | 0 | -280.81K | 0 |
| Cash from Investing | -47.71K | -3.09K | -3.02K | -6.44K | -11.94K | -6.16K | -7.87K | -3.8K | -3.46K | -10.71K | -5.58K | -3.89K | -44.14K | -47.83K | -9.29K | -2.13K | -15.46K | 0 | -10.18K | 0 |
| Capital Expenditures | -47.71K | -3.09K | -3.02K | -6.44K | -11.94K | -6.16K | -7.87K | -3.8K | -3.46K | -10.71K | -5.58K | -3.89K | -44.14K | -47.83K | -9.29K | -2.13K | -15.46K | 0 | -10.18K | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 13.63M | 15.55M | -13.84K | 20.42K | -13.84K | 18.69M | -4.62K | 78.08K | 76.35K | -13.84K | -13.84K | -13.84K | -13.84K | -13.84K | -13.84K | -13.27K | -12.98K | 59.25M | 1.84M | 20.79M |
| Debt Issued (Net) | -13.84K | -13.84K | -13.84K | -13.84K | -13.84K | -13.84K | -4.62K | -9.23K | -13.84K | -13.84K | -13.84K | -13.84K | -13.84K | -13.84K | -13.84K | -13.27K | -12.98K | -12.98K | 0 | -12.98K |
| Equity Issued (Net) | 13.65M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62.08M | 1.85M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -36 | 15.56M | 0 | 34.26K | 0 | 18.7M | 0 | 87.31K | 90.2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.81M | -10.23K | 20.8M |
| Net Change in Cash | 6M | 9.79M | -6.57M | -5.1M | -7.29M | 14.7M | -8.14M | -4.55M | -6.36M | -5.61M | -4.4M | -4.53M | -10M | -6.06M | -4.92M | -4.39M | -9.06M | 55.25M | -3.84M | 14.72M |
| Free Cash Flow | -7.58M | -5.23M | -6.93M | -4.56M | -7.17M | -5.6M | -7.78M | -4.78M | -6.93M | -6.48M | -3.42M | -5.36M | -9.99M | -8.97M | -1.7M | -2.57M | -10.43M | -4.01M | -5.04M | -6.07M |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7711.23% |
| FCF Growth % | -5.85% | 6.63% | 10.92% | 4.66% | -3.46% | 13.53% | -127.39% | 10.8% | 30.67% | 27.8% | -100.86% | -108.59% | 4.21% | -123.8% | 66.24% | 57.7% | -47.23% | -53.99% | -68.69% | -411.71% |
| FCF per Share | -0.07 | -0.05 | -0.08 | -0.06 | -0.09 | -0.08 | -0.11 | -0.07 | -0.10 | -0.10 | -0.05 | -0.08 | -0.16 | -0.14 | -0.03 | -0.04 | -0.17 | -0.07 | -0.12 | -0.15 |
| FCF Conversion (FCF/Net Income) | 0.69x | 0.72x | 0.69x | 0.54x | 0.86x | 0.98x | 0.61x | 0.99x | 0.75x | 1.12x | 0.78x | 0.95x | 1.90x | 1.61x | 0.29x | 0.51x | 1.46x | 0.81x | 0.64x | 0.93x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |