Quantum BioPharma Ltd. (QNTM) 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 | -1.65M | -305.25K | -1.72M | -1.95M | -4.26M | -835.76K | -3.46M | -606.48K | -1.97M | -851.65K | -1.71M | -3.51M | -4.75M | -6.33M | -7.52M | -9.4M | -5.09M | -4.09M | -4.59M | -6.58M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | 61.38% | 63.48% | 50.26% | -221.38% | -115.91% | 1.87% | -102.08% | 82.72% | 58.49% | 86.54% | 77.21% | 62.66% | 6.66% | -54.64% | -63.85% | -42.74% | 7.13% | 14.26% | 10.81% | -81.23% |
| Net Income | -13.37M | -3.07M | -4.75M | -9.77M | -8.74M | -5.46M | -4.02M | -3.35M | -2.09M | -1.65M | -1.13M | -5.49M | -9.96M | -6.15M | -7.13M | -4.42M | -5.46M | -6.35M | -5.61M | -12.75M |
| Depreciation & Amortization | 125.67K | 131.36K | 145.34K | 141.38K | 129.69K | 112.8K | 120.81K | 136.81K | 120.14K | 122.22K | 146.81K | 1.11M | 1.13M | 1.16M | 1.15M | 1.13M | 1.1M | 1.11M | 1M | 982.35K |
| Stock-Based Compensation | 0 | 0 | 996.19K | 849.58K | 291.27K | -82.48K | 65.42K | 111.52K | 57.74K | 99.38K | 126.16K | 403.39K | 3.21M | 506.58K | 586.51K | 355.01K | 83.16K | 341.57K | 249.19K | 3.02M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 14.86M | 1.97M | -246.67K | 7.91M | 3.77M | -2.78M | -249.97K | 173.04K | 496.45K | -140.02K | -2M | 697.16K | 866.7K | -265.58K | -918.52K | -3.9M | -889.93K | 749.34K | 167.64K | -30.11K |
| Working Capital Changes | -3.25M | 662.63K | 2.13M | -1.08M | 284.21K | 7.37M | 618.21K | 2.32M | -556.3K | 718.33K | 1.15M | -226.51K | 227 | -1.57M | -1.2M | -2.56M | 73.01K | 58.74K | -393.78K | 2.2M |
| Change in Receivables | 22.22K | 830.7K | 295.69K | 61.35K | 513.61K | 3.28M | -524.64K | 1.15M | 610.74K | -1.52M | 436.67K | -870.54K | -245.15K | -2.88M | 626.94K | -191.34K | -170.61K | 101.23K | 133.8K | -289.02K |
| Change in Inventory | 656 | 25.91K | -753 | 16.99K | 23.39K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -3.22M | -219.1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -2.85M | 358.44K | 408.42K | -1.36M | -1.35M | 1.24M | -3.46M | 738.22K | -22.14K | 0 | -269.58K | 0 | 0 | -202.99K | -96.92K | 12.72M | -106.59K | 47.89K | 721.07K | 0 |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.29K | -96.92K | -5.34K | -14.62K | 0 | -47.89K | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | 0 | 0 | 0 | 31.78K | 0 | 0 | 176.97K | 0 | 12.72M | -250K | 47.89K | 768.96K | 0 |
| Cash from Financing | 6.9M | 1.44M | 261.43K | 1.29M | 3.13M | 2.47M | 6.74M | 1.84M | 568.72K | -25.22K | -54.78K | -43.11K | -3M | -49.54K | -257.77K | -275.25K | -1.49M | -12.91K | -15.32K | -58.15K |
| Debt Issued (Net) | 1.71M | -38.62K | 264.92K | 1.93M | 3.09M | 982.08K | -307.41K | 1.3K | 272.28K | -25.25K | -54.78K | -54.71K | -54.31K | -49.54K | -40.46K | -41.23K | -11.84K | -12.91K | -15.32K | -58.15K |
| Equity Issued (Net) | 5.32M | 344.12K | 0 | 439 | 0 | 1.49M | 7.05M | 1.84M | 296.44K | 34 | 0 | 0 | -2.96M | -26.78K | -217.31K | -234.02K | -1.47M | 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 | -2.96M | 0 | -217.31K | -234.02K | -1.47M | 0 | 0 | 0 |
| Other Financing | -128.45K | 1.13M | -3.5K | -639.53K | 45.89K | 0 | 0 | 0 | 0 | 0 | 0 | 11.6K | 8.65K | -48.88K | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 2.45M | 1.46M | -1.05M | -2.02M | -2.48M | 2.88M | -186.41K | 1.98M | -1.43M | -876.87K | -2.04M | -3.55M | -7.76M | -6.77M | -7.87M | 3.05M | -6.69M | -4.06M | -3.88M | -6.64M |
| Free Cash Flow | -1.65M | -305.25K | -1.72M | -1.95M | -4.26M | -835.76K | -3.46M | -606.48K | -1.97M | -851.65K | -1.71M | -3.51M | -4.75M | -6.32M | -7.61M | -9.4M | -5.36M | -4.09M | -4.63M | -6.58M |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | 61.38% | 63.48% | 50.26% | -221.38% | -115.91% | 1.87% | -102.08% | 82.72% | 58.49% | 86.53% | 77.5% | 62.68% | 11.27% | -54.57% | -64.25% | -42.82% | 10.47% | 14.26% | 9.88% | - |
| FCF per Share | -0.37 | -0.08 | -0.45 | -0.65 | -3.75 | -0.81 | -3.77 | -0.95 | -3.23 | -1.41 | -2.84 | -5.81 | -7.93 | -10.58 | -12.95 | -15.88 | -8.71 | -7.10 | -8.30 | -11.89 |
| FCF Conversion (FCF/Net Income) | 0.12x | 0.10x | 0.32x | 0.21x | 0.50x | 0.16x | 0.90x | 0.19x | 1.04x | 0.64x | 1.62x | 0.64x | 0.48x | 1.03x | 1.05x | 2.12x | 0.86x | 0.64x | 0.79x | 0.50x |
| 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 |