Cardiol Therapeutics Inc. (CRDL)

NASDAQ: CRDL · Real-Time Price · USD

1.850

-0.140 (-7.04%)

At close: Sep 15, 2026, 4:00 PM EDT

1.870

+0.020 (1.08%)

After-hours: Sep 15, 2026, 7:50 PM EDT

Cardiol Therapeutics Cash Flow Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-34.08	-33.82	-36.68	-28.13	-30.93	-31.64
Depreciation & Amortization	0.09	0.1	0.37	0.25	0.22	0.22
Asset Writedown & Restructuring Costs	-	-	-	-	1.36	0.08
Stock-Based Compensation	11.23	10.7	14.28	4.17	5.54	12.61
Other Operating Activities	-0.94	-0.11	-2.1	-0.93	-9.15	-4.89
Change in Accounts Receivable	-0.01	0.04	0.04	0.07	-0.14	-0.06
Change in Inventory	-	-	-	-	-	0.02
Change in Accounts Payable	1.21	0.26	-1.06	-1.29	4.47	2.39
Change in Other Net Operating Assets	-1.56	-1.04	0.09	0.68	1.42	-2.27
Operating Cash Flow	-24.05	-23.85	-25.06	-25.18	-27.22	-23.54
Operating Cash Flow Growth	-	-	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Capital Expenditures	-0.06	-0.02	-0.02	-0.06	-0.07	-0.01
Investing Cash Flow	-0.06	-0.02	-0.02	-0.06	-0.07	-0.01

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Long-Term Debt Repaid	-	-0.06	-0.04	-0.06	-0.05	-0.05
Lease Payments	-0.06	-0.06	-0.04	-0.06	-0.05	-0.05
Net Debt Issued (Repaid)	-0.06	-0.06	-0.04	-0.06	-0.05	-0.05
Issuance of Common Stock	33.38	16.07	21.53	-	-	98.72
Other Financing Activities	-1.71	-0.48	-2.65	-	-	-5.23
Financing Cash Flow	31.61	15.54	18.84	-0.06	-0.05	93.44

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Foreign Exchange Rate Adjustments	0.38	-0.82	1.89	0.76	2.92	-0.01
Net Cash Flow	7.89	-9.16	-4.35	-24.54	-24.43	69.87

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-24.1	-23.88	-25.08	-25.24	-27.3	-23.55
Free Cash Flow Growth	-	-	-	-	-	-
Free Cash Flow Margin	-	-	-	-	-	-29904.22%
Free Cash Flow Per Share	-0.24	-0.28	-0.35	-0.39	-0.44	-0.55
Levered Free Cash Flow	-15.48	-13.03	-11.71	-14.99	-20.64	-4.61
Unlevered Free Cash Flow	-15.48	-13.03	-11.71	-14.99	-20.64	-4.61
Free Cash Flow After Leases	-24.16	-23.93	-25.12	-25.3	-27.35	-23.6

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Change in Working Capital	-0.36	-0.73	-0.93	-0.55	5.75	0.08

SEC Filings: 10-K · 10-Q