NextCure, Inc. (NXTC) 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 | -13.36M | -7.64M | -6.27M | -22.71M | -12.99M | -6.97M | -11.45M | -9.78M | -12.61M | -10.67M | -12.78M | -14.75M | -14.78M | -8.95M | -15M | -14.49M | -15.45M | -13.45M | -12.66M | -17.22M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | -2.84% | -9.6% | 45.28% | -132.33% | -3.08% | 34.69% | 10.36% | 33.71% | 14.7% | -19.23% | 14.82% | -1.78% | 4.32% | 33.46% | -18.47% | 15.87% | -11.04% | -114.22% | 19.21% | -38.79% |
| Net Income | -9.8M | -9.44M | -8.62M | -26.81M | -10.98M | -11.6M | -11.54M | -15.4M | -17.11M | -14.47M | -14.3M | -17.86M | -16.1M | -17.3M | -18.91M | -17.92M | -20.6M | -16.94M | -17.93M | -17.99M |
| Depreciation & Amortization | 224K | 553K | 533K | 247K | 654K | 674K | 700K | 701K | 790K | 824K | 946K | 954K | 960K | 1.36M | 1.02M | 1.04M | 1.06M | 2.1M | 1.74M | 289K |
| Stock-Based Compensation | 344K | 435K | 600K | 588K | 1.36M | 1.52M | 1.53M | 1.59M | 1.69M | 1.98M | 2M | 2.13M | 2.08M | 0 | 2.31M | 2.24M | 2.63M | 2.51M | 2.48M | 2.79M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.9M | -318K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 154K | -86K | 102K | 383K | -95K | -144K | -195K | -177K | 1.63M | 3.73M | 144K | -64K | 232K | 2.87M | 688K | 867K | 1.04M | 0 | 354K | 1.6M |
| Working Capital Changes | -4.29M | 896K | 1.12M | 2.88M | -3.94M | 2.58M | -1.95M | 3.51M | 385K | 1.17M | -1.25M | 97K | -1.95M | 4.12M | -111K | -716K | 430K | -1.12M | 689K | -3.91M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 1.06M | -380K | -153K | -192K | -2.62M | 1.74M | -1.46M | 584K | 2.16M | -272K | -211K | 894K | -2.35M | 2.42M | -425K | -529K | 859K | -1M | 1.59M | -666K |
| Cash from Investing | 1.3M | 6M | 8.7M | 3.76M | 7.09M | 6.96M | 18.31M | 12.16M | 17.88M | 4.16M | 10.28M | 6.71M | 18.12M | 4.47M | 17.89M | 31.92M | 13.7M | -11M | 14.41M | 15.59M |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 34K | -170K | -301K | -37K | -13K | -279K | -280K | -248K | -865K | -532K | -414K | -305K | -825K | -556K | -213K |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.17K | 0 | 0 | -18.37K | 0 | -18.42K | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.17K | 0 | 0 | 18.37K | 0 | 18.42K | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 1.25M | 20.29M | 0 | 2.02M | 0 | 36K | 1K | 106K | 1K | 71K | 0 | 83K | 0 | 61K | 0 | 79K | 60K | 123K | -2.63M | -404K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.64M | -417K |
| Equity Issued (Net) | 14K | 20.29M | 0 | 2.02M | 0 | 36K | 1K | 106K | 1K | 71K | 0 | 0 | 0 | 61K | 0 | 0 | 0 | 123K | 9K | 13K |
| 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 | 1.23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83K | 0 | 0 | 0 | 79K | 60K | 0 | 0 | 0 |
| Net Change in Cash | -10.81M | 18.66M | 2.43M | -16.93M | -5.9M | 25K | 6.85M | 2.49M | 5.28M | -6.44M | -2.5M | -7.95M | 3.34M | -4.46M | 2.89M | 17.51M | -1.69M | -24.33M | -878K | -2.04M |
| Free Cash Flow | -13.36M | -7.64M | -6.27M | -22.71M | -12.99M | -6.93M | -11.62M | -10.08M | -12.64M | -10.68M | -13.06M | -15.03M | -15.03M | -9.81M | -15.53M | -14.9M | -15.75M | -14.27M | -13.22M | -17.43M |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | -2.84% | -10.14% | 46.08% | -125.39% | -2.78% | 35.08% | 10.97% | 32.94% | 15.86% | -8.85% | 15.94% | -0.83% | 4.6% | 31.25% | -17.51% | 14.52% | -7.32% | -96.67% | 24.67% | -14.38% |
| FCF per Share | -2.55 | -2.18 | -2.34 | -9.56 | -5.57 | -2.97 | -4.99 | -4.32 | -5.44 | -4.59 | -5.63 | -6.48 | -6.49 | -4.24 | -6.72 | -6.45 | -6.82 | -6.20 | -5.74 | -7.58 |
| FCF Conversion (FCF/Net Income) | 1.36x | 0.81x | 0.73x | 0.85x | 1.18x | 0.60x | 0.99x | 0.63x | 0.74x | 0.74x | 0.89x | 0.83x | 0.92x | 0.52x | 0.79x | 0.81x | 0.75x | 0.79x | 0.71x | 0.96x |
| Interest Paid | 0 | 0 | 15K | 0 | 0 | 17K | 0 | 0 | 0 | 0 | 0 | 21K | 0 | 0 | 0 | 23K | 23K | 0 | 72K | 31K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |