← CorMedix Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($24.6m) ($33.0m) ($26.8m) ($16.4m) ($22.0m) ($28.2m) ($29.7m) ($46.3m) ($17.9m) $163.1m
Net Income (Loss) Available to Common Stockholders, Basic ($24.6m) ($33.0m) ($26.8m) ($43.5m) ($22.0m) ($28.2m) ($29.7m) ($46.3m) ($17.9m) $163.1m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — ($22.0m) ($28.2m) — — — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — — $1.7m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — ($46.3m) — —
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — $28.2m — — — —
Depreciation $26k $37k $74k $73k $128k $62k $85k $71k $154k $677k
Amortization of Debt Issuance Costs — — — — — — — — — $398k
Amortization of Intangible Assets — — — — — — — — $156k $13.9m
Deferred Income Tax Expense (Benefit) — — — — — — — — — ($25.8m)
Share-based Payment Arrangement, Noncash Expense $1.3m $1.7m $1.1m $2.4m $2.5m $5.0m $4.1m $5.5m $6.1m $13.8m
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — — — $198k $290k $2.0m
Share-based Payment Arrangement, Expense — — — $2.2m — — — — — —
Income Tax Expense (Benefit) — — — ($5.1m) ($5.2m) ($1.3m) ($586k) — ($1.4m) ($13.0m)
Interest Expense Nonoperating — — — — — — — — $36k $2.8m
Operating Lease, Expense — — — $6k $66k $209k $208k $207k $204k —
Operating Lease, Lease Income — — — $4k — — — — — —
Other Nonoperating Income (Expense) — — $35k — $24k ($23k) $337k $2.6m — —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($308k) $48k ($52k) ($11k) $103k $1.1m ($7k) $2.1m $51.8m $90.9m
Increase (Decrease) in Inventories ($80k) $100k ($166k) ($59k) ($150k) ($145k) ($3k) $2.1m $5.5m $3.5m
Increase (Decrease) in Accounts Payable ($64k) $158k $782k ($1.6m) $103k $1.1m ($7k) $2.1m ($2.6m) $3.3m
Proceeds from Stock Options Exercised $863k $7k $12k $123k — $137k — $288k $7.7m $6.4m
Fair Value, Option, Changes in Fair Value, Gain (Loss) $0 ($177k) $0 — — — — — — —
Foreign Currency Transaction Gain (Loss), before Tax ($8k) ($14k) ($179) ($21k) ($59k) ($21k) $37k ($29k) ($31k) ($52k)
Foreign Currency Transaction Gain (Loss), Unrealized — — — — — — — — — $86k
Gain (Loss) on Investments $11k $13k $0 $268 — — — — — —
General and Administrative Expense $8.9m $8.7m $8.1m — — — — — $30.0m $68.2m
Goodwill — — — — — — — — — $30.0m
Investment Income, Interest $127k $111k $37k $323k $116k — — — $2.6m $3.8m
Marketable Securities, Unrealized Gain (Loss) — — — — — — — — — $5.4m
Nonoperating Income (Expense) — — — — — — — — $3.0m ($125k)
Operating Expenses $24.6m $33.1m $26.9m $20.9m $27.3m $29.5m $30.7m $49.0m $62.6m $125.6m
Payments of Financing Costs $0 — $109k $227k — — — — — $188k
Unrealized Gain (Loss) on Investments — — — — — $5k $5k $10k ($5k) —
Net Cash Provided by (Used in) Operating Activities ($22.3m) ($28.6m) ($23.7m) ($15.1m) ($22.0m) ($21.2m) ($24.4m) ($38.4m) ($50.6m) $175.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $59k $152k $49k $37k $113k $1.4m $219k $327k $116k $2.3m
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — — — — $308.5m
Payments to Acquire Investments ($11.5m) ($23.6m) — — — — — — — $5.0m
Net Cash Provided by (Used in) Investing Activities $11.4m $10.4m $1.6m ($12.0m) $7.4m ($9.1m) ($3.7m) ($17.1m) $21.2m ($308.4m)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock $0 $300k $0 $2.0m $18.4m $41.5m $17.8m $12.9m $18.9m $7.8m
Net Cash Provided by (Used in) Financing Activities $7.1m $20.5m $29.4m $25.8m $40.1m $41.8m $17.9m $55.9m $26.3m $238.5m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $17.8m $16.5m $42.1m $53.6m ($9k) $3k ($2k) $145.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($3.8m) $2.3m $7.2m ($1.3m) $25.6m $11.5m ($10.2m) $448k ($3.1m) $105.1m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $17.8m $16.5m $42.1m $53.6m $43.4m $43.8m $40.8m $145.8m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $13k $33k $16k $27k $34k $36k $17k
Income Taxes Paid, Net — — — — — — — — — $62k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.