Verastem, Inc. (VSTM) 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 | -52.12M | -29.95M | -36.22M | -32.66M | -38.68M | -25.1M | -23.8M | -27.57M | -28.31M | -29.68M | -16.59M | -19.9M | -20.29M | -16.62M | -15.08M | -12.69M | -19.28M | -9.93M | -10.83M | -13.42M |
| Operating CF Margin % | -279.13% | -170.82% | -322.15% | -1528.45% | - | - | - | -275.7% | - | - | - | - | - | - | - | - | -742.72% | -1822.57% | -541350% | -2684.8% |
| Operating CF Growth % | -34.75% | -19.34% | -52.2% | -18.47% | -36.63% | 15.44% | -43.44% | -38.51% | -39.54% | -78.63% | -9.99% | -56.8% | -5.21% | -67.28% | -39.3% | 5.44% | 0.19% | 54.23% | -125.19% | 40.46% |
| Net Income | -36.59M | -32.92M | -98.52M | -25.93M | -52.1M | -64.55M | -23.97M | -8.26M | -33.86M | -27.37M | -20M | -24.28M | -15.71M | -16.81M | -18.09M | -21.95M | -16.96M | -16.48M | -22.79M | -16.9M |
| Depreciation & Amortization | 279K | 298K | 292K | 128K | 10K | 7K | 7K | 6K | 6K | -41K | -42K | -19K | -11K | -12K | -11K | -6K | -7K | -6K | -6K | 35K |
| Stock-Based Compensation | 2.05M | 2.02M | 2.18M | 3.41M | 1.79M | 2.02M | 1.94M | 1.91M | 1.48M | 1.6M | 1.52M | 1.43M | 1.31M | 1.29M | 1.36M | 1.76M | 1.65M | 1.57M | 1.99M | 2.17M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -200K | 3.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -9.28M | -9.61M | 56.97M | -18.89M | 7.36M | 32.78M | -13.31M | -10.24M | 5.55M | -3.91M | -371K | 112K | -3.47M | -3K | 120K | 94K | 17K | 44K | 7.96M | 692K |
| Working Capital Changes | -8.57M | 10.25M | 2.86M | 8.62M | 4.26M | 4.64M | 11.54M | -10.98M | -1.48M | 38K | 2.51M | -1.1M | -2.41M | -1.08M | 1.54M | 7.41M | -3.98M | 4.94M | 2.02M | 581K |
| Change in Receivables | -1.34M | -2.1M | -4.64M | -2.08M | 0 | 0 | 10.63M | -10.6M | -226K | 0 | 2K | -2K | 31K | 43K | 57K | 2.51M | -2.13M | -411K | 371K | 649K |
| Change in Inventory | -454K | -39K | -626K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -2.85M | 3.9M | 497K | 848K | 3.17M | -412K | -2.24M | -771K | 265K | 2.07M | 639K | -424K | 2K | -458K | 3.65M | -688K | 92K | 1.66M | -754K | -1.06M |
| Cash from Investing | -16.02M | -1.34M | -8.28M | 0 | 0 | 0 | 0 | 28.99M | 30.98M | 12.44M | -70.08M | 14M | -804K | 13.03M | 4.65M | 29.25M | 19.26M | 66K | 10M | 2.39M |
| Capital Expenditures | 0 | -1.34M | -8.28M | 0 | 0 | 0 | 0 | -7K | -21K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | 7.67% | 73.64% | - | - | - | - | 0.07% | - | - | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 119K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 28.69M | 98.58M | 17.88M | 79.42M | 67.43M | 742K | 53.6M | -405K | 846K | -446K | -891K | 91.48M | 44.05M | 0 | 25.62M | 708K | 25.45M | 6.8M | 169K | 489K |
| Debt Issued (Net) | -721K | -187K | -278K | 0 | 32.42M | 0 | -150K | 0 | 911K | -446K | -433K | 0 | 15.92M | 0 | 0 | -624K | 24.77M | 0 | 0 | 0 |
| Equity Issued (Net) | 29.41M | 98.77M | 18.16M | 69.93M | 30.16M | 0 | 14.22M | 0 | 85K | 0 | -486K | 91.91M | 28.13M | 0 | 25.53M | 1.24M | 580K | 6.72M | 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 | 1K | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 9.48M | 4.84M | 742K | 39.53M | -405K | -150K | 0 | 28K | -425K | 0 | 0 | 90K | 92K | 100K | 82K | 169K | 489K |
| Net Change in Cash | -39.44M | 67.28M | -26.62M | 46.75M | 28.75M | -24.36M | 29.8M | 1.02M | 3.52M | -17.69M | -87.56M | 85.58M | 22.96M | -3.59M | 15.19M | 17.26M | 25.43M | -3.06M | -658K | -10.54M |
| Free Cash Flow | -52.12M | -29.95M | -36.22M | -32.66M | -38.68M | -25.1M | -23.8M | -27.58M | -28.33M | -29.68M | -16.59M | -19.9M | -20.29M | -16.62M | -15.08M | -12.69M | -19.28M | -9.93M | -10.83M | -13.42M |
| FCF Margin % | -279.13% | -170.82% | -322.15% | -1528.45% | - | - | - | -275.77% | - | - | - | - | - | - | - | - | -742.72% | -1822.57% | -541350% | -2684.8% |
| FCF Growth % | -34.75% | -19.34% | -52.2% | -18.44% | -36.53% | 15.44% | -43.44% | -38.55% | -39.64% | -78.63% | -9.99% | -56.8% | -5.21% | -67.28% | -39.3% | 5.44% | 1.19% | 54.23% | -125.19% | 40.46% |
| FCF per Share | -0.53 | -0.36 | -0.50 | -0.44 | -0.71 | -0.66 | -0.59 | -1.03 | -1.06 | -1.11 | -0.62 | -1.12 | -1.21 | -0.98 | -0.92 | -0.82 | -1.24 | -0.65 | -0.72 | -0.94 |
| FCF Conversion (FCF/Net Income) | 1.42x | 0.91x | 0.37x | 1.26x | 0.74x | 0.39x | 0.99x | 3.34x | 0.84x | 1.08x | 0.83x | 0.82x | 1.29x | 0.99x | 0.83x | 0.58x | 1.14x | 0.60x | 0.48x | 0.79x |
| 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 |