VSee Health, Inc. (VSEEW) 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 |
|---|
| Cash from Operations | -2.45M | -1.93M | -754.54K | -324.6K | -440.49K | -2.97M | -221.03K | -2.26M | 579.29K | -311.46K | -48.79K | -250.06K | -353.32K | -737.97K | -146.16K | -318.6K | -250.29K | -825.88K |
| Operating CF Margin % | -77.6% | -49.06% | -18.96% | -9.57% | -13.26% | -77.07% | -6.59% | -131.98% | 38.72% | -21.81% | -3.36% | -19.38% | -22.13% | -48.24% | -9.76% | -20.21% | -14.11% | -47.67% |
| Operating CF Growth % | -456.69% | 35.24% | -241.37% | 85.63% | -176.04% | -854.94% | -353% | -803.36% | 263.96% | 57.79% | 66.62% | 21.51% | -41.16% | 10.64% | - | - | - | - |
| Net Income | -2.6M | -7.85M | -289.75K | -2.61M | -3.96M | -5.62M | -51.75M | -329.98K | 62.77K | -2.86M | -111.05K | 263.55K | -451.25K | -1.23M | -820.76K | -659.46K | -527.36K | -252.66K |
| Depreciation & Amortization | 649.04K | 648.22K | 669.11K | 668.89K | 667.56K | 709.96K | 663.34K | 1.47K | 618 | 283 | 191 | 0 | 25.43K | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | -11.45K | 0 | 0 | 392.11K | 515.45K | 349.1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 51.81K | 0 | 0 | 0 | 657.1K | 0 | 0 | 0 | 0 | -590.95K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 286.25K | 4.16M | -2.25M | 778.85K | 1.52M | 2.62M | 50.5M | -1.96M | 48.18K | 2.52M | 482.86K | -870.52K | 83.76K | -257.32K | -391.63K | -62.7K | -15.82K | -412.07K |
| Working Capital Changes | -787.22K | 1.07M | 1.12M | 840.95K | 938.87K | -1.86M | 20.74K | 26.2K | 467.72K | 28.86K | 170.16K | 356.92K | -11.26K | 754.27K | 1.07M | 403.56K | 292.89K | -161.16K |
| Change in Receivables | -514.45K | -470.57K | -1.28M | 155.9K | -12.63K | -861.56K | -195.02K | 224.89K | -33.12K | 15.12K | -179.35K | 0 | -92.93K | 0 | 0 | 0 | 0 | -211.5K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -155.06K | 878.09K | 2.41M | 259.21K | 692.59K | -1.28M | 1.42M | 0 | 54.52K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -126.75K | -7.15K | -7.31K | -3.59K | -11.87K | -4.76K | -4.99K | -16.39K | -8.74K | 6.81M | 0 | -290.41K | -1.69K | 110.12M | 0 | 0 | 0 | 1.17M |
| Capital Expenditures | -26.75K | -7.15K | -7.31K | -3.59K | -11.87K | -4.76K | -4.99K | -45.51K | -8.74K | -1.65K | 0 | -1K | -1.69K | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | 0.85% | 0.18% | 0.18% | 0.11% | 0.36% | 0.12% | 0.15% | 2.66% | 0.58% | 0.12% | 0% | 0.08% | 0.11% | 0% | 0% | 0% | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.12K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.81M | 0 | 60.59K | 0 | 110.47M | 0 | 0 | 0 | 0 |
| Cash from Financing | -1.34M | 6.73M | 943.01K | 209.67K | 536.37K | 977.83K | 1.45M | 3.26M | 0 | -6.5M | 135K | 555K | 320K | -109.32M | 0 | 0 | 0 | 4.8K |
| Debt Issued (Net) | -1.29M | 248.88K | 513.51K | 216.83K | 484.37K | 979.89K | 1.45M | 3.26M | 0 | 235K | 0 | 70K | 0 | 1.15M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 514 | 958.82K | 450.55K | 0 | 80.63K | 0 | 0 | 0 | 0 | -6.8M | 0 | 0 | 0 | -110.47M | 0 | 0 | 0 | 0 |
| Dividends Paid | 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 | -6.8M | 0 | 0 | 0 | -110.47M | 0 | 0 | 0 | 0 |
| Other Financing | -50K | 5.52M | -21.04K | -7.16K | -28.63K | -2.06K | -2.06K | 0 | 0 | 65.97K | 135K | 485K | 320K | 0 | 0 | 0 | 0 | 4.8K |
| Net Change in Cash | -3.92M | 4.79M | 181.16K | -118.53K | 84.01K | -2M | 1.22M | 1.11M | -118.01K | 1.36K | -30.35K | 14.53K | -35.01K | 62.03K | -146.16K | -318.6K | -250.29K | 346.44K |
| Free Cash Flow | -2.48M | -1.93M | -761.85K | -328.19K | -452.37K | -2.98M | -226.03K | -2.3M | 570.55K | -313.11K | -48.79K | -250.06K | -355.01K | -737.97K | -146.16K | -318.6K | -250.29K | -825.88K |
| FCF Margin % | -78.44% | -49.24% | -19.14% | -9.68% | -13.62% | -77.19% | -6.74% | -134.64% | 38.14% | -21.93% | -3.36% | -19.38% | -22.24% | -48.24% | -9.76% | -20.21% | -14.11% | -47.67% |
| FCF Growth % | -447.99% | 35.11% | -237.06% | 85.76% | -179.29% | -851.44% | -363.27% | -821.56% | 260.72% | 57.57% | 66.62% | 21.51% | -41.84% | 10.64% | - | - | - | - |
| FCF per Share | -0.05 | -0.10 | -0.05 | -0.02 | -0.03 | -0.19 | -0.01 | -0.43 | 0.06 | -0.03 | -0.00 | -0.03 | -0.04 | -0.07 | -0.01 | -0.03 | -0.03 | -0.08 |
| FCF Conversion (FCF/Net Income) | 0.94x | 0.25x | 2.60x | 0.12x | 0.11x | 0.53x | 0.00x | 6.85x | -206.08x | 0.11x | 0.44x | 0.59x | 0.78x | 1.61x | 0.54x | 1.23x | -1.68x | 3.27x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 104.59K | 6.74K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | -320 | 320 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |