Upstream Bio 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
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
Net Income	-156.5	-143.44	-62.81	-20.54	-23.87
Depreciation & Amortization	0.2	0.19	0.09	0.06	0.01
Loss (Gain) From Sale of Investments	0.43	-1.5	-1.66	-1.26	-
Stock-Based Compensation	14.1	10.33	6	3.43	1.28
Other Operating Activities	0.6	0.56	-2.68	-15.31	0.15
Change in Accounts Receivable	0.17	-0.06	-0.52	0.31	-0.41
Change in Accounts Payable	-0.24	-1.28	2.02	1.28	0.46
Change in Other Net Operating Assets	4.9	1.93	0.37	-5.9	3.36
Operating Cash Flow	-136.34	-133.28	-59.17	-37.93	-19.02
Operating Cash Flow Growth	-	-	-	-	-
Capital Expenditures	-0.12	-0.17	-0.51	-0.14	-0.08
Investment in Securities	165.41	-93.32	-58.97	-82.7	-
Investing Cash Flow	165.29	-93.48	-59.49	-82.84	-0.08
Issuance of Common Stock	4.99	2.48	272.88	0.12	-
Other Financing Activities	-	-0.03	-3.97	-	-0.04
Financing Cash Flow	4.99	2.44	418.91	129.55	9.96
Net Cash Flow	33.94	-224.31	300.25	8.78	-9.14
Free Cash Flow	-136.46	-133.44	-59.68	-38.07	-19.1
Free Cash Flow Growth	-	-	-	-	-
Free Cash Flow Margin	-4321.15%	-4675.54%	-2518.27%	-1599.58%	-1576.15%
Free Cash Flow Per Share	-2.52	-2.48	-4.36	-12.89	-6.82
Levered Free Cash Flow	-86.62	-88.75	-40.98	-25.96	-
Unlevered Free Cash Flow	-86.62	-88.75	-40.98	-25.96	-
Change in Working Capital	4.83	0.59	1.87	-4.31	3.41

SEC Filings: 10-K · 10-Q