Liquidia Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	22.31	-68.92	-128.29	-78.5	-41.02	-34.58
Depreciation & Amortization	1.57	1.53	2.2	2.18	3.65	5.61
Stock-Based Compensation	31.25	29.47	18.81	10.09	9.3	6.75
Other Adjustments	27.78	26.42	18.66	18.8	1.64	0.57
Change in Receivables	-72.91	-51.37	1.34	0.96	-2.03	-2.99
Changes in Inventories	-26.45	-22.99	-0.24	-	-	-
Changes in Accounts Payable	-5.45	-2.59	2.33	-1.15	0.81	-7.56
Changes in Accrued Expenses	73.89	54.54	5.26	7.75	0.55	0.56
Changes in Other Operating Activities	-4.01	-1.77	-13.48	-1.68	-1.49	-2.39
Operating Cash Flow	47.98	-35.69	-93.42	-41.56	-28.59	-34.04
Capital Expenditures	-6.84	-4.34	-4.95	-1.29	-0.59	-0.11
Sale of Property, Plant & Equipment	-	-	0.01	0	0.01	-
Purchases of Intangible Assets	-	-2	-3.5	-10	-	-
Investing Cash Flow	-8.84	-6.34	-8.44	-11.29	-0.59	-0.11
Long-Term Debt Issued	50	74.98	57.46	41.74	19.77	10.41
Long-Term Debt Repaid	-38.94	-21.09	-4.85	-21.65	-10.5	-10.35
Net Long-Term Debt Issued (Repaid)	11.06	53.89	52.61	20.09	9.27	0.06
Issuance of Common Stock	5.31	4.82	141.57	25.42	55.56	21.75
Net Common Stock Issued (Repurchased)	5.31	4.82	141.57	25.42	55.56	21.75
Other Financing Activities	1.01	1.02	0.49	-2.26	0.14	4.51
Financing Cash Flow	17.39	59.73	194.66	43.25	64.96	26.32
Net Cash Flow	56.53	17.71	92.8	-9.6	35.79	-7.82
Free Cash Flow	41.15	-40.02	-98.37	-42.85	-29.18	-34.14
FCF Margin	14.28%	-25.28%	-702.85%	-245.05%	-183.12%	-265.63%
Free Cash Flow Per Share	0.44	-0.47	-1.25	-0.66	-0.48	-0.69
Levered Free Cash Flow	66.09	9.34	-84.57	-52.61	-28.82	-38.41
Unlevered Free Cash Flow	75.13	-26.99	-130.18	-67.58	-35.85	-37.68

SEC Filings: 10-K · 10-Q