Zynex, Inc. (ZYXI) quarterly cash flow statement — complete operating, investing & financing history
| Metric | 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 | Q1'21 | Q4'20 |
|---|
| Cash from Operations | -6.31M | -6.2M | -10.5M | 2.44M | 7.07M | 1.13M | 2.07M | 6.19M | 8.89M | 741K | 1.93M | 4.76M | 7.41M | -176K | 1.75M | 7.54M | 3.69M | 1.03M | -5.3M | -1.7M |
| Operating CF Margin % | -47.22% | -27.82% | -39.52% | 5.32% | 14.16% | 2.27% | 4.44% | 13.09% | 17.82% | 1.65% | 4.59% | 9.75% | 17.85% | -0.48% | 5.64% | 18.67% | 10.6% | 3.31% | -21.99% | -6.62% |
| Operating CF Growth % | -189.17% | -646.74% | -607.88% | -60.49% | -20.45% | 53.04% | 6.93% | 30.08% | 20% | 521.02% | 10.26% | -36.89% | 100.89% | -117.14% | 133.06% | 544.46% | 579.71% | -61.26% | -939.4% | -180.84% |
| Net Income | -42.91M | -20.03M | -10.4M | -615K | 2.38M | 1.22M | 10K | 1.22M | 3.59M | 3.35M | 1.57M | 7.45M | 4.87M | 3.35M | 1.38M | 8.89M | 6.11M | 2.81M | -706K | 1.79M |
| Depreciation & Amortization | 1.02M | 548K | 1.1M | 1.41M | 1.11M | 1.16M | 1.1M | 1.16M | 1.13M | 1.09M | 844K | 842K | 799K | 757K | 729K | 597K | 595K | 607K | 487K | 530K |
| Stock-Based Compensation | 317K | 559K | 577K | 644K | 770K | 841K | 734K | 675K | 654K | 660K | 307K | 640K | 578K | 535K | 589K | 588K | 533K | 401K | 108K | 875K |
| Deferred Taxes | -1.94M | 10.23M | -3.49M | -270K | -469K | -194K | -1K | -830K | -1.23M | -248K | 8K | -79K | -380K | -172K | -220K | -336K | 64K | 504K | -378K | 419K |
| Other Non-Cash Items | 30.45M | 195K | -296K | -283K | -283K | -299K | -187K | 261K | 934K | -2.08M | -1.27M | 397K | 657K | 240K | -112K | 469K | 443K | 322K | 57K | 33K |
| Working Capital Changes | 6.75M | 2.31M | 2.01M | 1.56M | 3.56M | -1.59M | 413K | 3.71M | 3.81M | -2.03M | 472K | -4.5M | 884K | -4.88M | -609K | -2.67M | -4.05M | -3.62M | -4.87M | -5.34M |
| Change in Receivables | 3.65M | 3.71M | 3.97M | 3.6M | 1.97M | 1.84M | 1.4M | 6.45M | -331K | -490K | 2.6M | -6.71M | -526K | 21K | 787K | -4.38M | -5.92M | -3.44M | -1.04M | -4.47M |
| Change in Inventory | 56K | 1.05M | 65K | 1.36M | -769K | -445K | -2.88M | 626K | -335K | -597K | -1.14M | 481K | -197K | -1.54M | -3.07M | -1.88M | 500K | 465K | -2.86M | -3.05M |
| Change in Payables | 3.05M | -1.47M | -1.52M | -3.23M | 1.45M | -3M | 2.71M | -3.04M | 4.48M | -1.54M | 0 | 2.85M | 1.38M | -3.6M | 2.58M | 2.89M | 0 | 0 | 0 | 3.77M |
| Cash from Investing | -18K | -29K | -168K | -216K | -72K | -137K | -153K | 9.42M | -10.01M | -210K | -174K | -86K | -120K | -140K | -72K | -16.19M | -66K | -55K | -299K | -226K |
| Capital Expenditures | -18K | -29K | -168K | -216K | -72K | -137K | -153K | -576K | -236K | -210K | -184K | -86K | -120K | -140K | -72K | -189K | -66K | -55K | -299K | -226K |
| CapEx % of Revenue | 0.13% | 0.13% | 0.63% | 0.47% | 0.14% | 0.27% | 0.33% | 1.22% | 0.47% | 0.47% | 0.44% | 0.18% | 0.29% | 0.38% | 0.23% | 0.47% | 0.19% | 0.18% | 1.24% | 0.88% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50K | 40K | 0 | 10K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 2.04M | -80K | -5.11M | -228K | -268K | -2.96M | -13.63M | -13.55M | -15.12M | 41.43M | -5.11M | -8.06M | -10.64M | -12.05M | -5.05M | 15.89M | -585K | -2.08M | -130K | -134K |
| Debt Issued (Net) | 2.08M | -40K | -39K | -131K | -55K | -25K | -123K | -33K | -41K | 47.66M | -1.36M | -1.36M | -1.36M | -1.36M | -1.36M | 15.93M | -29K | -21K | -23K | -15K |
| Equity Issued (Net) | 4.97M | -40K | -4.93M | 9K | -207K | -2.35M | -13.27M | -13.47M | -14.93M | -6.11M | -3.35M | -6.6M | -9.14M | -10.65M | 3K | 34K | -547K | -2.04M | -48K | -37K |
| Dividends Paid | 0 | 0 | 0 | 0 | -6K | 0 | -3K | -2K | 0 | -1K | 0 | -3.61M | 0 | 0 | -3.61M | -1K | 0 | 0 | 0 | 0 |
| Share Repurchases | 4.98M | -40K | -4.94M | 0 | -207K | -2.35M | -13.28M | -13.52M | -14.93M | -6.12M | -3.35M | -6.62M | -9.16M | -10.65M | 0 | 0 | -547K | -2.04M | -75K | 0 |
| Other Financing | -5.01M | 0 | -137K | -106K | 0 | -592K | -240K | -46K | -145K | -124K | -395K | 3.51M | -131K | -35K | -76K | -69K | -9K | -15K | -59K | -82K |
| Net Change in Cash | -4.28M | -6.31M | -15.78M | 2M | 6.73M | -1.97M | -11.72M | 2.06M | -16.23M | 41.96M | -3.35M | -3.39M | -3.35M | -12.37M | -3.37M | 7.24M | 3.04M | -1.11M | -5.73M | -2.06M |
| Free Cash Flow | -6.33M | -6.23M | -10.67M | 2.23M | 7M | 997K | 1.92M | 5.61M | 8.66M | 531K | 1.75M | 4.67M | 7.29M | -316K | 1.68M | 7.35M | 3.62M | 972K | -5.6M | -1.92M |
| FCF Margin % | -47.35% | -27.95% | -40.15% | 4.85% | 14.01% | 2% | 4.12% | 11.87% | 17.34% | 1.18% | 4.15% | 9.57% | 17.56% | -0.86% | 5.41% | 18.21% | 10.42% | 3.13% | -23.23% | -7.51% |
| FCF Growth % | -190.35% | -724.77% | -657.23% | -60.28% | -19.12% | 87.76% | 9.43% | 20.15% | 18.74% | 268.04% | 4.04% | -36.44% | 101.24% | -132.51% | 130.01% | 482.36% | 514.53% | -57.63% | -1772.84% | -192.85% |
| FCF per Share | -0.21 | -0.21 | -0.34 | 0.07 | 0.22 | 0.03 | 0.06 | 0.16 | 0.24 | 0.01 | 0.05 | 0.12 | 0.19 | -0.01 | 0.04 | 0.19 | 0.09 | 0.02 | -0.15 | -0.05 |
| FCF Conversion (FCF/Net Income) | 0.15x | 0.31x | 1.01x | -3.98x | 2.97x | 0.93x | 206.80x | 5.09x | 2.47x | 0.22x | 1.23x | 0.64x | 1.52x | -0.05x | 1.27x | 0.85x | 0.60x | 0.37x | 7.51x | -0.95x |
| Interest Paid | 0 | 0 | 0 | 0 | 387K | 0 | 0 | 739K | 0 | 1.26M | 1.38M | 74K | -1.86M | 1.18M | 995K | 2.29M | 18K | -467K | 521K | -731K |
| Taxes Paid | 0 | 0 | 0 | 0 | 773K | 0 | 0 | 2.92M | 556K | 2.9M | 90K | 1.27M | 1.1M | 3.84M | 89K | 10K | 684K | 326K | 9K | 880K |