Free cash flow remains chronically negative, with the firm burning $2.0M in 2026Q1 and failing to convert net income to operating cash flow, as evidenced by the -18.43x OCF/NI ratio in 2025Q3.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Jul'13 | Jul'12 |
|---|
| Cash from Operations | -3.81M | -2.59M | -4.8M | 421.73K | -8.43M | -1.59M | 2.95M | 1.3M | -831.07K | 6.04M | -644.32K | -489.18K | -15.78K | -6K |
| Operating CF Margin % | - | -8.51% | -13.79% | 0.99% | -21.95% | -3.95% | 10.04% | 3.86% | -2.33% | 17.33% | -4.79% | -5341.5% | - | - |
| Operating CF Growth % | -830.07% | 46.18% | -1238.98% | 105% | -430.86% | -153.91% | 125.84% | 256.98% | -113.76% | 1037.21% | -31.71% | -2999.38% | -163.05% | - |
| Net Income | -15.79M | -12.34M | 2.12M | 6.34M | -32.63M | 1.41M | -9.21M | -6.16M | 499.57K | -796.16K | -7.54M | -960.09K | -23.2K | -16.2K |
| Depreciation & Amortization | -2.43T | 1.63M | 133.33K | 33.33K | 340K | 100.27K | 1.21M | 1.82M | 1.49M | 1.17M | 608K | 0 | 0 | 0 |
| Stock-Based Compensation | -19.94B | 136.25K | 0 | 0 | 0 | 0 | 201.16K | 441K | 1.46M | 2.2M | 551.71K | 322.25K | 4 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 9.98M | 2.28M | 72.6K | 4.89M | 5.75M | 0 | 0 | 0 |
| Other Non-Cash Items | 8.15T | 6.53M | -190.29K | -4.33M | 17.26M | 1.34M | 453.11K | 351.72K | 296.95K | -1.16M | 1.03M | 109.04K | 7.42K | 13.2K |
| Working Capital Changes | 3.01M | 1.46M | -6.87M | -1.62M | 6.6M | -4.44M | 308.45K | 2.57M | -4.65M | -266.53K | -1.05M | 39.63K | 0 | 3K |
| Change in Receivables | 2.71M | 1.86M | -4.62M | 1.34M | 1.42M | -4.38M | 2.75M | -193.69K | -2.09M | 1.73M | -1.32M | -2.9K | 0 | 0 |
| Change in Inventory | -1.93M | -2.92M | 1.88M | 3.99M | -7.46M | -2.13M | 552.16K | -884.14K | -1.45M | -547.29K | -19.63K | -26.06K | 0 | 0 |
| Change in Payables | 1.28M | 1.11M | -2.81M | -6.49M | 2.86M | 2.71M | -3.73M | 3.6M | -1.08M | -1.49M | 484.14K | 0 | 0 | 0 |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -198.01K | -1.95M | -2.35M | -4.4M | 0 | 0 | 0 |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -198.01K | -1.91M | -302.23K | -7.83K | 0 | 0 | 0 |
| CapEx % of Revenue | 0% | - | - | - | 0% | 0% | - | 0.59% | 5.38% | 0.87% | 0.06% | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.2K | -2.55K | -3.78M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -69 | -32.87K | -2.04M | -607.08K | 0 | 0 | 0 |
| Cash from Financing | 4.03M | 4.65M | 4.8M | -2.09M | 8.96M | 1.95M | -2.05M | -2.86M | 2.31M | -4.83M | 8.68M | 486.28K | 45.69K | 0 |
| Debt Issued (Net) | 2.34M | 2.86M | -3.92M | -2.09M | 8.96M | 1.95M | -2.05M | -2.86M | 2.54M | -4.83M | 10.35M | 2.36K | 5.69K | 0 |
| Equity Issued (Net) | 3.72M | 3.72M | 8.4M | 0 | 0 | 0 | 0 | 0 | 220K | 0 | 26K | 500K | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.17M | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -2.03M | -1.92M | 328K | 0 | 500 | 0 | 0 | 0 | -452.87K | 0 | -517.3K | -16.08K | 40K | 0 |
| Net Change in Cash | 114.23K | 1.93M | 55.39K | -1.79M | 860.99K | 340.94K | 728.6K | -1.5M | -562.03K | -1.12M | 3.64M | -2.89K | 29.91K | 0 |
| Free Cash Flow | -3.81M | -2.59M | -4.8M | 421.73K | -8.43M | -1.59M | 2.95M | 1.11M | -2.75M | 5.74M | -652.15K | -489.18K | -15.78K | -6K |
| FCF Margin % | -13.74% | -8.51% | -13.79% | 0.99% | -21.95% | -3.95% | 10.04% | 3.27% | -7.71% | 16.46% | -4.85% | -5341.5% | - | - |
| FCF Growth % | 20.16% | 46.18% | -1238.98% | 105% | -430.86% | -153.91% | 166.25% | 140.3% | -147.87% | 979.61% | -33.32% | -2999.38% | -163.05% | - |
| FCF per Share | -0.34 | -0.27 | -0.63 | 0.00 | -0.09 | -0.02 | 0.03 | 0.01 | -0.03 | 0.07 | -0.01 | -0.01 | -0.00 | -0.00 |
| FCF Conversion (FCF/Net Income) | 0.24x | 0.21x | -2.26x | 0.07x | 0.26x | -1.13x | -0.32x | -0.21x | -1.66x | -7.58x | 0.09x | 0.51x | 0.68x | 0.37x |
| Interest Paid | 1.45M | 2.95M | 3.91M | 4.17M | 0 | 0 | 939.71K | 1.25M | 842.25K | 0 | 806.74K | 0 | 0 | 0 |
| Taxes Paid | 147.38K | 147.38K | 0 | 0 | 0 | 0 | 38.92K | 224.11K | 1.19M | 0 | 12.69K | 0 | 0 | 0 |
Liquidity exhaustion from cash burn
As reported in recent financial statements, SNYR consistently fails to convert net income into operating cash flow, with the OCF/NI ratio frequently dipping into negative territory, such as the -18.43x observed in 2025Q3, signaling a fundamental breakdown in the quality of reported earnings.
The recurring inability to generate positive cash flow despite occasional positive net income suggests that accounting accruals or non-cash adjustments are masking the underlying cash drain. Investors should monitor this divergence as it indicates that the company's reported profitability is not translating into tangible liquidity.
Based on the provided cash flow data, SNYR's free cash flow trajectory is consistently negative, with the company burning cash in nine out of the last ten quarters, highlighting a structural inability to fund operations through internal cash generation rather than external financing or balance sheet depletion.
The persistent negative FCF margins, which reached -37.2% in 2026Q1, suggest that the business model is currently incapable of self-sustainment. This trend warrants further investigation into whether the company can achieve a pivot to positive cash flow before its limited liquidity reserves are fully exhausted.
According to the company's cash flow statements, working capital changes have been a significant drag on cash, with a cumulative outflow of millions over the last ten quarters, suggesting that the company is struggling to manage its cash conversion cycle effectively amidst declining sales volumes.
The frequent negative working capital adjustments indicate that cash is being trapped in inventory or that the company is facing difficulties in collecting receivables in a timely manner. This inefficiency exacerbates the company's cash burn and limits its operational flexibility during periods of revenue contraction.
As evidenced by the multi-year cash flow data, the cumulative gap between reported net income and operating cash flow is widening, suggesting that the company's historical earnings performance has not been supported by actual cash inflows, raising concerns about the long-term viability of the current business model.
This persistent divergence suggests that the company's accounting earnings may be significantly decoupled from its actual cash-generating capacity. Analysts should be wary of this trend, as it often precedes a period of financial distress when the company can no longer bridge the gap with external capital.
Quick answers to the most common questions about buying SNYR stock.
Synergy CHC Corp. (SNYR) generated $-2.6M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
Synergy CHC Corp. (SNYR) reported negative free cash flow of $2.6M in 2025, indicating capital requirements exceeded cash from operations.
Synergy CHC Corp. (SNYR) spent $0.0M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.