electroCore, Inc. (ECOR) 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 | -3.01M | -1.54M | -1.67M | -623K | -4.36M | -1.25M | -1.36M | -1.77M | -2.56M | -3.12M | -2.37M | -3.31M | -5.86M | -4.01M | -4.61M | -3.24M | -4.78M | -4.35M | -3.45M | -1.67M |
| Operating CF Margin % | -31.39% | -16.66% | -19.21% | -8.44% | -64.82% | -17.81% | -20.8% | -28.86% | -47% | -60.16% | -52.64% | -93.27% | -210.79% | -156.8% | -233.15% | -150.39% | -251.71% | -292.07% | -231.81% | -131.6% |
| Operating CF Growth % | 30.93% | -22.71% | -22.45% | 64.84% | -70.25% | 59.81% | 42.56% | 46.5% | 56.35% | 22.2% | 48.49% | -2.1% | -22.59% | 7.81% | -33.65% | -94.25% | -15.01% | -40.85% | 12.93% | 58.46% |
| Net Income | -5.27M | -3.04M | -3.4M | -3.67M | -3.85M | -3.23M | -2.5M | -2.65M | -3.51M | -4.03M | -4.03M | -4.9M | -5.87M | -5.79M | -5.45M | -5.34M | -5.58M | -4.95M | -3.99M | -2.89M |
| Depreciation & Amortization | 47K | 1.17M | 153K | 159K | 194K | 580K | 228K | 227K | 223K | 290K | 291K | 322K | 137K | 148K | 153K | 141K | 106K | 95.06K | 96K | 95K |
| Stock-Based Compensation | 0 | 0 | 415K | 505K | 540K | 514K | 400K | 0 | 484K | 400K | 543K | 183K | 572K | 587K | 566K | 752K | 777K | 761.49K | 761K | 838K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 219K | 18K | 0 | 445K | 0 | -445K | 0 | 25.5K | 0 | 0 |
| Other Non-Cash Items | 1.15M | 412K | 116K | 670K | 121K | 51K | 0 | 472K | -21K | 270K | 16K | 15K | 75K | -235K | 13K | 453K | 13K | -552.09K | 32K | -1.3M |
| Working Capital Changes | 1.07M | -86K | 1.05M | 1.71M | -1.35M | 828K | 506K | 184K | 262K | -51K | 590K | 1.05M | -777K | 831K | 114K | 1.19M | -94K | 262.76K | -343K | 1.59M |
| Change in Receivables | 147K | 455K | -610K | 86K | -73K | -875K | -14K | -63K | 242K | -21K | -376K | -53K | 188K | -37K | 211K | -212K | 75K | -157.95K | 39K | -109K |
| Change in Inventory | -382K | -466K | 233K | 205K | 44K | 278K | 528K | -206K | 113K | 168K | -1K | -20K | -51K | -358K | -4K | 259K | 399K | 100.19K | 97K | 55K |
| Change in Payables | -650K | 1.6M | 139K | 775K | -61K | 964K | -215K | 140K | 159K | -869K | 749K | 283K | -128K | 228K | -152K | 423K | 692K | 292.5K | -48K | 188K |
| Cash from Investing | 597K | 518K | -1.33M | 185K | 4.5M | -501K | -4.09M | -3.93M | 0 | -41K | -74K | -91K | 0 | 0 | 0 | 0 | 0 | 1M | 8M | 7.3M |
| Capital Expenditures | -2K | 0 | -4K | -25K | -37K | 0 | 0 | 0 | 0 | -41K | -74K | -91K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | 0.02% | - | 0.05% | 0.34% | 0.55% | - | - | - | - | 0.79% | 1.64% | 2.56% | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.08B | 0 | 0 |
| Cash from Financing | 230K | -40K | 7.48M | 3K | 180K | 371K | -52K | 8.12M | 0 | 0 | 7.49M | 0 | 0 | 0 | 0 | 0 | 0 | -3.07K | 18.77M | 0 |
| Debt Issued (Net) | 0 | 0 | 7.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 230K | -40K | -1K | 45K | 217K | 0 | 0 | 8.3M | 0 | 0 | 8.14M | 0 | 0 | 0 | 0 | 0 | 0 | -3.07K | 18.77M | 0 |
| 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 | 0 | 0 | 80K | -42K | -37K | 371K | -52K | -180K | 0 | 0 | -657K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -2.18M | -1.07M | 4.48M | -404K | 327K | -1.48M | -5.37M | 2.45M | -2.48M | -3.13M | 5.02M | -3.47M | -5.8M | -3.93M | -4.68M | -3.3M | -4.81M | -3.31M | 23.3M | 5.63M |
| Free Cash Flow | -3.01M | -1.54M | -1.67M | -648K | -4.39M | -1.25M | -1.36M | -1.77M | -2.56M | -3.16M | -2.45M | -3.4M | -5.86M | -4.01M | -4.61M | -3.24M | -4.78M | -4.35M | -3.45M | -1.67M |
| FCF Margin % | -31.41% | -16.66% | -19.25% | -8.78% | -65.37% | -17.81% | -20.8% | -28.86% | -47% | -60.95% | -54.28% | -95.83% | -210.79% | -156.8% | -233.15% | -150.39% | -251.71% | -292.07% | -231.81% | -131.6% |
| FCF Growth % | 31.47% | -22.71% | -22.74% | 63.43% | -71.7% | 60.34% | 44.3% | 47.93% | 56.35% | 21.18% | 46.89% | -4.9% | -22.59% | 7.81% | -33.65% | -94.25% | -15.01% | -40.85% | 12.93% | 58.46% |
| FCF per Share | -0.34 | -0.19 | -0.20 | -0.08 | -0.53 | -0.17 | -0.17 | -0.25 | -0.39 | -0.48 | -0.41 | -0.72 | -1.24 | -0.85 | -0.97 | -0.69 | -1.01 | -0.92 | -0.74 | -0.52 |
| FCF Conversion (FCF/Net Income) | 0.57x | 0.51x | 0.49x | 0.17x | 1.13x | 0.39x | 0.55x | 0.67x | 0.73x | 0.77x | 0.59x | 0.68x | 1.00x | 0.69x | 0.84x | 0.61x | 0.86x | 0.88x | 0.86x | 0.58x |
| Interest Paid | 0 | 0 | 0 | 0 | 5K | 0 | 6K | 0 | 5K | 5K | 0 | 0 | 2K | 0 | 0 | 0 | 0 | 0 | 5K | -4K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38.62K | 0 |