Mind Medicine (MindMed) Inc. (MNMD) 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 | -42.63M | -41.89M | -29.57M | -29.6M | -29.42M | -25.35M | -17.19M | -19.99M | -16.6M | -20.56M | -16.63M | -13.85M | -13.33M | -12.85M | -9.3M | -15.13M | -12.87M | -13.9M | -16.78M | -11.17M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | -44.91% | -65.24% | -71.99% | -48.08% | -77.24% | -23.28% | -3.4% | -44.38% | -24.51% | -60.04% | -78.83% | 8.47% | -3.61% | 7.56% | 44.6% | -35.41% | -33.74% | -94.63% | -189.15% | -101.24% |
| Net Income | -77.1M | -50.44M | -67.27M | -42.74M | -23.35M | -34.74M | -13.68M | -5.85M | -54.4M | -23.86M | -17.92M | -29.13M | -24.82M | -4.9M | -16.48M | -16.96M | -18.45M | -18.75M | -17.2M | -45.25M |
| Depreciation & Amortization | 631K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 527K | 790K | 791K | 790K | 791K | 790K | 790K | 820K | 780K | -5.09M | 789K | 779K |
| Stock-Based Compensation | 7.13M | 11.42M | 5.82M | 5.25M | 3.43M | 3.44M | 3.77M | 5.43M | 3.69M | 3.68M | 4.23M | 3.84M | 3.75M | 1.38M | 4.29M | 4.25M | 3.79M | 11.04M | 4.11M | 32.99M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.17M | 0 | 0 | 0 | 0 | 0 | -1.16M | 0 | 0 |
| Other Non-Cash Items | 21.26M | 1.61M | 23.79M | -197K | -7.04M | 6.17M | -11.37M | -16.11M | 34.26M | 2.63M | -2.58M | 14K | 5.2M | -7.98M | 1.51M | 17K | -843K | 1.23M | 686K | -1.63M |
| Working Capital Changes | 5.45M | -4.48M | 8.1M | 8.09M | -2.46M | -225K | 4.1M | -3.45M | -677K | -3.8M | -1.14M | 9.47M | 1.74M | -2.13M | 599K | -3.26M | 1.86M | -1.18M | -5.17M | 1.95M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 1.78M | -2.85M | 3.9M | 1.95M | 258K | -139K | -534K | -2.96M | 1.51M | -3.51M | -931K | 6.26M | 209K | 1.27M | 100K | -2.59M | 0 | 1.28M | 0 | 0 |
| Cash from Investing | 42M | 37.53M | 15.41M | -39.54M | -162.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 225K | -27K | -67K |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47K | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 178K | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -12.86M | 0 | 33.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27K | -67K |
| Cash from Financing | 5.31M | 246.62M | 749K | 19.65M | 1M | 3.81M | 69.35M | 10.79M | 169.25M | 2.59M | 17.4M | 1.27M | 583K | 416K | 58.21M | 590K | -166K | 129K | 820K | 7.89M |
| Debt Issued (Net) | 0 | -259.19K | 447K | 19.91M | 0 | 984K | 0 | 9.8M | -128K | -42K | 14.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 5.31M | 246.36M | 0 | 117.06K | 186K | -984K | 75M | -416.58K | 175.98M | 2.59M | 3.09M | 1.27M | 583K | 730K | 41.57M | 0 | -407K | 1K | 0 | 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 | -407K | 0 | 0 | 0 |
| Other Financing | 0 | 515.88K | 302K | -377K | 816K | 3.81M | -5.64M | 1.4M | -6.61M | 49K | 114K | 0 | 0 | -314K | 16.64M | 590K | 241K | 128K | 820K | 7.89M |
| Net Change in Cash | 4.68M | 237.88M | -13.43M | -49.46M | -190.89M | -21.54M | 52.15M | -9.2M | 152.63M | -18M | 804K | -12.51M | -12.73M | -12.38M | 48.78M | -14.73M | -13.07M | -12.38M | -11.18M | -2.94M |
| Free Cash Flow | -42.63M | -72.54M | -29.57M | -29.6M | -29.42M | -25.35M | -17.19M | -19.99M | -16.6M | -20.56M | -16.63M | -13.85M | -13.33M | -12.85M | -9.3M | -15.13M | -12.87M | -13.85M | -16.78M | -11.17M |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | -44.91% | -186.15% | -71.99% | -48.08% | -77.24% | -23.28% | -3.4% | -44.38% | -24.51% | -60.04% | -78.83% | 8.47% | -3.61% | 7.25% | 44.6% | -35.41% | -33.71% | -93.97% | -189.15% | -101.24% |
| FCF per Share | -0.39 | -0.81 | -0.34 | -0.35 | -0.34 | -0.30 | -0.21 | -0.28 | -0.35 | -0.51 | -0.42 | -0.36 | -0.35 | -0.34 | -0.32 | -0.54 | -0.46 | -0.49 | -0.60 | -0.41 |
| FCF Conversion (FCF/Net Income) | 0.55x | 0.83x | 0.44x | 0.69x | 1.26x | 0.73x | 1.26x | 3.41x | 0.31x | 0.86x | 0.93x | 0.48x | 0.54x | 2.62x | 0.56x | 0.89x | 0.70x | 0.83x | 0.98x | 0.25x |
| Interest Paid | 0 | 0 | 1.46M | 2.58M | 602K | 683K | 0 | 439K | 434K | 0 | 100K | 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 |