← Vericel Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($19.6m) |
($17.3m)
+11.65%
|
($8.1m)
+52.93%
|
($9.7m)
-18.78%
|
$2.9m
+129.63%
|
($7.5m)
-360.86%
|
($16.7m)
-123.65%
|
($3.2m)
+80.96%
|
$10.4m
+425.64%
|
$16.5m
+59.41%
|
— | |
| Depreciation, Depletion and Amortization | $1.9m | $1.6m | $1.4m | $1.7m | $2.4m | $3.0m | $4.0m | $4.6m | $5.5m | $11.5m | $12.9m | |
| Depreciation | $1.6m | $1.6m | $1.4m | $1.7m | $2.4m | $3.0m | — | $4.0m | $4.9m | $10.9m | $12.9m | |
| Amortization of Debt Issuance Costs | — | — | — | — | $0 | $0 | $90k | $215k | $215k | $215k | — | |
| Amortization of Intangible Assets | $300k | — | — | — | — | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $2.5m | $2.7m | $7.2m | $13.2m | $13.8m | $34.3m | $37.2m | $32.3m | $36.5m | $38.8m | $37.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $1.7m | $1.5m | $2.3m | $5.5m | $6.8m | — | |
| Impairment of Intangible Assets, Finite-lived | $2.6m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($321k) | ($2.3m) | ($4.2m) | $1.6m | $672k | $272k | $1.1m | $4.1m | $6.0m | $6.3m | — | |
| Other Nonoperating Income (Expense) | ($10k) | ($92k) | ($1.7m) | ($8k) | ($6k) | $52k | $95k | $64k | $195k | ($44k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | $2.2m | $657k | ($235k) | $3.3m | $2.5m | $4.0m | $2.6m | ($2.9m) | $4.3m | $1.2m | ($2.9m) | |
| Inventory Write-down | $137k | $352k | — | — | — | — | — | — | — | $1.0m | — | |
| Increase (Decrease) in Accounts Payable | ($1.1m) | ($1.4m) | $899k | ($1.0m) | $33k | $1.5m | $1.4m | $3.0m | ($287k) | $3.0m | $7.7m | |
| Net Cash Provided by (Used in) Operating Activities | ($19.9m) |
($13.2m)
+33.73%
|
($412k)
+96.87%
|
($7.2m)
-1643.45%
|
$17.6m
+344.63%
|
$29.0m
+65.26%
|
$17.7m
-39.09%
|
$35.3m
+99.64%
|
$58.2m
+64.72%
|
$51.9m
-10.75%
|
$69.7m
+34.21%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.4m | $1.5m | $2.7m | $2.6m | $2.6m | $7.9m | $7.6m | $20.0m | $64.0m | $27.2m | ($8.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | — | — | — | — | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($1.4m) | ($1.5m) | ($67.0m) | $10.6m | ($17.2m) | ($3.5m) | ($36.2m) | ($3.1m) | ($79.0m) | ($43.9m) | ($26.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | ($860k) | ($838k) | $0 | $0 | — | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | — | — | — | $5.3m | $6.6m | $11.2m | $3.7m | $6.0m | $24.5m | $13.9m | $7.2m | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | ($26k) | ($191k) | ($348k) | ($39k) | ($41k) | $0 | ($47k) | — | |
| Net Cash Provided by (Used in) Financing Activities | $29.7m |
$18.6m
-37.46%
|
$58.9m
+216.86%
|
$5.3m
-91.06%
|
$6.4m
+22.45%
|
$9.2m
+42.38%
|
$1.0m
-88.61%
|
$3.6m
+246.22%
|
$19.1m
+426.64%
|
$7.1m
-62.89%
|
$1.9m
-72.50%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $3.9m | ($8.6m) | $8.7m | $6.9m | $34.7m | ($17.5m) | $35.8m | ($1.8m) | $15.0m | $125.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $3.9m | ($8.6m) | $27.0m | $33.8m | $68.5m | $51.1m | $86.9m | $85.0m | $100.1m | $125.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | — | — | $5.3m | $6.6m | $11.2m | $3.7m | $6.0m | $24.5m | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $226k | $931k | $2.2m | $0 | $6k | $4k | $109k | $383k | $399k | $489k | — | |
| Income Taxes Paid, Net | — | — | — | $80k | $147k | $379k | $0 | $1.2m | $628k | $580k | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), Realized | ($5k) | ($37k) | ($51k) | ($42k) | ($63k) | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | $0 | $115k | ($22k) | $0 | ($30k) | — | — | — | — | — | — | |
| General and Administrative Expense | — | — | — | — | — | — | — | — | $60.6m | $76.8m | — | |
| Income Tax Expense (Benefit) | $0 | $0 | $0 | $0 | $180k | ($111k) | $721k | $814k | $148k | $859k | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $614k | $630k | — | |
| Investment Income, Interest | $8k | $14k | $897k | $1.6m | $691k | $224k | $1.3m | $4.6m | $6.4m | $7.0m | — | |
| Operating Expenses | $45.3m | $48.6m | $62.6m | $91.5m | $81.9m | $113.9m | $126.8m | $142.0m | $167.6m | $194.6m | — | |
| Operating Lease, Expense | — | — | — | $5.4m | $6.3m | $7.3m | $6.9m | $10.3m | $12.7m | $11.9m | — | |
| Payments of Financing Costs | $213k | $30k | $0 | $0 | — | — | — | — | — | — | — |