Northern Dynasty Minerals Ltd. (NAK) 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 | -4.84M | -9.27M | -5.37M | -3.87M | -4.7M | -6.53M | -3.52M | -3.76M | -3.34M | -6.97M | -2.06M | -6.05M | -4.75M | -9.94M | -4.64M | -5.06M | -4.32M | -5.39M | -11.06M | -9.53M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | -2.93% | -41.83% | -52.67% | -3.03% | -40.83% | 6.29% | -70.43% | 37.84% | 29.69% | 29.84% | 55.51% | -19.55% | -9.74% | -84.34% | 58.07% | 46.89% | 33.45% | 73.17% | 25.83% | 23.36% |
| Net Income | 21.18M | -44.11M | -7.95M | -11.93M | -40.37M | -22.55M | -4.62M | -3.66M | -5.33M | -2.67M | -4.2M | -6.21M | -7.06M | -6.38M | -7.42M | -6.19M | -4.46M | -4.13M | -8.67M | -9.22M |
| Depreciation & Amortization | 42.11K | 43K | 43K | 42K | 44K | 43K | 39K | 39K | 41K | 30.93K | 41K | 41K | 41K | 84K | 54K | 61K | 60K | 60K | 88K | 91K |
| Stock-Based Compensation | 0 | 773K | 241K | 303K | 135K | 7K | 8K | 7K | 5K | 0 | 245K | 403K | 413K | 415K | 1.87M | 6K | 6K | 6K | 244K | 1.29M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28K | -2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -27.52M | 37.15M | 1.82M | 7.16M | 34.35M | 17.11M | 908K | -556K | -3K | -857.11K | -33K | -75K | -102K | -290K | 146K | 320K | -5K | -7K | -248K | -58K |
| Working Capital Changes | 1.46M | -3.12M | 476K | 559K | 1.15M | -1.15M | 147K | 408K | 1.95M | -3.48M | 1.85M | -208K | 1.96M | -3.77M | 704K | 741K | 77K | -1.32M | -2.48M | -1.62M |
| Change in Receivables | 601.55K | -1.46M | 430K | 664K | 217K | -1.45M | 658K | 789K | 1.02M | 344.81K | 6.43M | -7.77M | 618K | 1.02M | -2.98M | 931K | 471K | 920K | -1.82M | 238K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.43M | 7.77M | -618K | -1.02M | 2.98M | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | -1.53M | 0 | 100K | 761K | 177K | -479K | -64K | 711K | 0 | -4.6M | 7.66M | 1.2M | -4.7M | 3.69M | 0 | -529K | -2.1M | -726K | -1.85M |
| Cash from Investing | 94K | 17.02M | 16.89M | 16.55M | 85K | 223K | 14.01M | 202K | 157K | 2.08M | 33K | 78K | 63K | 87K | 15.53M | 28K | 22K | 42K | 52K | 42K |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9K | -1K | -21K | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.08M | 0 | 0 | 1K | 0 | 15.46M | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 94K | 17.02M | 16.89M | 16.55M | 85K | 223K | 14.01M | 202K | 157K | 0 | 33K | 78K | 62K | 96K | 71K | 49K | 22K | 42K | 52K | 42K |
| Cash from Financing | 1.96M | 2.96M | 7.5M | 1.23M | 281K | -9K | -37K | -37K | -40K | 17.67M | -41K | -36K | -37K | -35K | -33K | -31K | -30K | -367K | 1.71M | 8.88M |
| Debt Issued (Net) | -39K | -38K | -53K | -35K | -48K | -32K | -37K | -37K | -40K | 15.17M | -41K | -36K | -37K | -35K | -33K | -31K | -30K | -28K | -40K | -100K |
| Equity Issued (Net) | 2M | 3.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Other Financing | -101 | -120K | 7.55M | 1.26M | 329K | 23K | 0 | 0 | 0 | -46.02K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -339K | 1.75M | 8.97M |
| Net Change in Cash | -2.95M | 9.89M | 19.68M | 13.35M | -4.33M | -5.69M | 10.11M | -3.46M | -3.02M | 12.71M | -2.04M | -6.02M | -4.73M | -10.33M | 11.59M | -5M | -4.37M | -5.75M | -9.04M | -644K |
| Free Cash Flow | -4.84M | -9.27M | -5.37M | -3.87M | -4.7M | -6.53M | -3.52M | -3.76M | -3.34M | -6.97M | -2.06M | -6.05M | -4.75M | -9.95M | -4.64M | -5.08M | -4.32M | -5.39M | -11.06M | -9.53M |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | -2.93% | -41.83% | -52.67% | -3.03% | -40.83% | 6.29% | -70.43% | 37.84% | 29.69% | 29.9% | 55.52% | -19.05% | -9.74% | -84.51% | 58.07% | 46.67% | 33.45% | 73.17% | 25.83% | 23.36% |
| FCF per Share | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.00 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.02 |
| FCF Conversion (FCF/Net Income) | -0.23x | 0.21x | 0.68x | 0.44x | 0.12x | 0.29x | 0.76x | 1.41x | 0.85x | 2.62x | 0.67x | 0.97x | 0.67x | 2.11x | 0.87x | 1.05x | 1.21x | 1.65x | 1.62x | 1.28x |
| 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 |