Vaxart, Inc. (VXRT) quarterly cash flow statement — complete operating, investing & financing history
Vaxart, Inc. (VXRT) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | 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 | 1.43M | 2.78M | -2.05M | 30.66M | 2.6M | -15.95M | -9.6M | -7.34M | -4.2M | -12.03M | -21.19M | -13.52M | -15M | -17.47M | -24.46M | -29.15M | -14.62M | -25.9M | -25.11M | -15.81M |
| Operating CF Margin % | 13.49% | 10.22% | -5.24% | 29.42% | 3.58% | -40.13% | -45.98% | -48.37% | -85.16% | -187.89% | -971.62% | -416.67% | -713.99% | -58236.67% | -8798.56% | -132509.09% | - | - | -29544.71% | -21370.27% |
| Operating CF Growth % | -44.78% | 117.42% | 78.6% | 517.47% | 161.77% | -32.58% | 54.7% | 45.68% | 72% | 31.16% | 13.36% | 53.62% | -2.64% | 32.54% | 2.6% | -84.34% | -2.44% | -96.82% | -51.36% | -46.89% |
| Net Income | -17.69M | -13.49M | 5.18M | 55.05M | -8.14M | -14.99M | -15.59M | -11.98M | -14.08M | -16.47M | -24.42M | -17.38M | -17.4M | -22.55M | -25.14M | -23.92M | -29.31M | -29.43M | -25.1M | -20.76M |
| Depreciation & Amortization | 1.27M | 741K | 1.13M | 2.06M | 2.08M | 2.2M | 2.25M | 2.24M | 2.22M | 2.21M | 2.18M | 1.2M | 2.06M | 2.17M | 2.06M | 1.89M | 1.56M | 1.22M | 1.13M | 726K |
| Stock-Based Compensation | 1.19M | 1.29M | 1.48M | 1.72M | 2.02M | 2.12M | 2.46M | 2.35M | 2.48M | 2.56M | 4.12M | 3.71M | 3.84M | 3.93M | 2.65M | 3.39M | 3.64M | 3.42M | 3.13M | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8.44M | -235K | -76K | 0 | 4.1M | -83K | 34K | 0 | 0 |
| Other Non-Cash Items | 20.18M | 746K | 128K | -497K | 570K | -873K | -2.14M | 595K | 4.11M | -37K | -2.29M | 9.88M | 177K | -76K | 14K | -6.64M | 325K | 242K | 305K | 2.78M |
| Working Capital Changes | -3.53M | 13.49M | -9.97M | -27.66M | 6.07M | -4.4M | 3.43M | -546K | 1.07M | -292K | -777K | -2.49M | -3.45M | -862K | -4.04M | -7.98M | 9.25M | -1.39M | -4.58M | 1.44M |
| Change in Receivables | -10.82M | 10.58M | -6.23M | 34.6M | -44.88M | -24.94M | 4.26M | -8.29M | 497K | -4.22M | 2.45M | -2.58M | -395K | 235K | -244K | -20K | 0 | 81K | -10K | 119K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -56K | -144K | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 12.84M | -7.3M | 2.67M | -31.58M | 42.57M | -6.11M | 9.76M | 4.33M | -1.14M | -231K | 2.31M | 255K | -2.8M | 375K | -270K | -2.17M | 1.38M | 1.03M | 113K | 143K |
| Cash from Investing | -17.66M | -2.72M | -676K | 1.99M | -5.82M | 7.23M | 13.23M | 10.4M | -17.04M | -9.66M | -5.02M | 15.1M | 4.97M | -1.58M | 25.46M | 15.8M | -31.07M | -8.88M | 3.73M | -8.18M |
| Capital Expenditures | -371K | -35K | -448K | -1K | -117K | 103K | -130K | -44K | -9K | -370K | -131K | 104K | -282K | -454K | -1.24M | -3.9M | -7.07M | -2.33M | -1.35M | -1.01M |
| CapEx % of Revenue | 3.49% | 0.13% | 1.14% | 0% | 0.16% | 0.26% | 0.62% | 0.29% | 0.18% | 5.78% | 6.01% | 3.2% | 13.42% | 1513.33% | 445.68% | 17731.82% | - | - | 1583.53% | 1371.62% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 120K | 1.13M | 0 | 0 | 29.05M | 6.55M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1K | 10K | 3K | -4.2M | 5K | 0 | 0 | 0 | -9.95M | 0 | 0 | 0 | 0 | -1.13M | 0 | 5.04M | -29.05M | -6.55M | 0 | -4.83M |
| Cash from Financing | 411K | 121K | -338K | 4.28M | -4K | 125K | -164K | 136K | -10K | 38.24M | 18.2M | -66K | -8K | 13.9M | 1.42M | 8.6M | 4.99M | 2.84M | 1.04M | 505K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 103K | 0 | 4.3M | 0 | 53K | 3K | 142K | -1K | 37.93M | 18.37M | -327K | -8K | 13.6M | 1.43M | 8.59M | 4.85M | 2.81M | 992K | 505K |
| 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 | -8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 411K | 18K | -338K | -21K | -4K | 72K | -167K | -6K | -9K | 309K | -175K | 261K | 0 | 294K | -10K | 9K | 135K | 33K | 48K | 0 |
| Net Change in Cash | -15.81M | 183K | -3.07M | 36.93M | -3.23M | -8.59M | 3.47M | 3.19M | -21.25M | 16.55M | -8.02M | 1.52M | -10.04M | -5.16M | 2.42M | -4.75M | -40.7M | -31.94M | -20.34M | -23.49M |
| Free Cash Flow | 1.06M | 2.74M | -2.5M | 30.66M | 2.48M | -15.84M | -9.73M | -7.39M | -4.21M | -12.4M | -21.32M | -13.42M | -15.28M | -17.93M | -25.7M | -33.05M | -21.68M | -28.23M | -26.46M | -16.83M |
| FCF Margin % | 10% | 10.09% | -6.38% | 29.42% | 3.42% | -39.87% | -46.6% | -48.66% | -85.34% | -193.67% | -977.62% | -413.47% | -727.42% | -59750% | -9244.24% | -150240.91% | - | - | -31128.24% | -22741.89% |
| FCF Growth % | -57.14% | 117.31% | 74.28% | 514.97% | 158.86% | -27.79% | 54.37% | 44.93% | 72.45% | 30.84% | 17.03% | 59.41% | 29.51% | 36.49% | 2.87% | -96.41% | -39.06% | -83.73% | -53.77% | -44.23% |
| FCF per Share | 0.00 | 0.01 | -0.01 | 0.13 | 0.01 | -0.07 | -0.04 | -0.03 | -0.02 | -0.07 | -0.12 | -0.03 | -0.03 | -0.04 | -0.05 | -0.07 | -0.17 | -0.22 | -0.05 | -0.03 |
| FCF Conversion (FCF/Net Income) | -0.08x | -0.21x | -0.40x | 0.56x | -0.32x | 1.06x | 0.62x | 0.61x | 0.30x | 0.73x | 0.87x | 0.78x | 0.86x | 0.77x | 0.97x | 1.22x | 0.50x | 0.88x | 1.00x | 0.76x |
| 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 |