← Vericel Corp

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 ($19.6m) ($17.3m) ($8.1m) ($9.7m) $2.9m ($7.5m) ($16.7m) ($3.2m) $10.4m $16.5m
Net Income (Loss) Available to Common Stockholders, Basic ($27.1m) ($17.3m) ($8.1m) ($9.7m) $2.9m ($7.5m) ($16.7m) ($3.2m) $10.4m $16.5m
Depreciation, Depletion and Amortization $1.9m $1.6m $1.4m $1.7m $2.4m $3.0m $4.0m $4.6m $5.5m $11.5m
Depreciation $1.6m $1.6m $1.4m $1.7m $2.4m $3.0m — $4.0m $4.9m $10.9m
Amortization of Debt Issuance Costs — — — — $0 $0 $90k $215k $215k $215k
Amortization of Intangible Assets $300k — — — — — — — — —
Share-based Payment Arrangement, Noncash Expense $2.5m $2.7m $7.2m $13.2m $13.8m $34.3m $37.2m $32.3m $36.5m $38.8m
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — $1.7m $1.5m $2.3m $5.5m $6.8m
Impairment of Intangible Assets, Finite-lived $2.6m $0 $0 — — — — — — —
Gain (Loss) on Disposition of Assets $0 $115k ($22k) $0 ($30k) — — — — —
Gain (Loss) on Extinguishment of Debt — ($860k) ($838k) $0 $0 — — — — —
Income Tax Expense (Benefit) $0 $0 $0 $0 $180k ($111k) $721k $814k $148k $859k
Interest Expense Nonoperating — — — — — — — — $614k $630k
Operating Lease, Expense — — — $5.4m $6.3m $7.3m $6.9m $10.3m $12.7m $11.9m
Other Nonoperating Income (Expense) ($10k) ($92k) ($1.7m) ($8k) ($6k) $52k $95k $64k $195k ($44k)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories $2.2m $657k ($235k) $3.3m $2.5m $4.0m $2.6m ($2.9m) $4.3m $1.2m
Increase (Decrease) in Accounts Payable ($1.1m) ($1.4m) $899k ($1.0m) $33k $1.5m $1.4m $3.0m ($287k) $3.0m
Proceeds from Stock Options Exercised — — — $5.3m $6.6m $11.2m $3.7m $6.0m $24.5m —
Foreign Currency Transaction Gain (Loss), Realized ($5k) ($37k) ($51k) ($42k) ($63k) — — — — —
General and Administrative Expense — — — — — — — — $60.6m $76.8m
Inventory Write-down $137k $352k — — — — — — — $1.0m
Investment Income, Interest $8k $14k $897k $1.6m $691k $224k $1.3m $4.6m $6.4m $7.0m
Nonoperating Income (Expense) ($321k) ($2.3m) ($4.2m) $1.6m $672k $272k $1.1m $4.1m $6.0m $6.3m
Operating Expenses $45.3m $48.6m $62.6m $91.5m $81.9m $113.9m $126.8m $142.0m $167.6m $194.6m
Payments of Financing Costs $213k $30k $0 $0 — — — — — —
Net Cash Provided by (Used in) Operating Activities ($19.9m) ($13.2m) ($412k) ($7.2m) $17.6m $29.0m $17.7m $35.3m $58.2m $51.9m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.4m $1.5m $2.7m $2.6m $2.6m $7.9m $7.6m $20.0m $64.0m $27.2m
Payments to Acquire Businesses, Net of Cash Acquired $0 — — — — — — — — —
Payments for (Proceeds from) Other Investing Activities $0 $0 — — — — — — — —
Net Cash Provided by (Used in) Investing Activities ($1.4m) ($1.5m) ($67.0m) $10.6m ($17.2m) ($3.5m) ($36.2m) ($3.1m) ($79.0m) ($43.9m)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock — — — $5.3m $6.6m $11.2m $3.7m $6.0m $24.5m $13.9m
Proceeds from (Payments for) Other Financing Activities — — — ($26k) ($191k) ($348k) ($39k) ($41k) $0 ($47k)
Net Cash Provided by (Used in) Financing Activities $29.7m $18.6m $58.9m $5.3m $6.4m $9.2m $1.0m $3.6m $19.1m $7.1m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — $3.9m ($8.6m) $8.7m $6.9m $34.7m ($17.5m) $35.8m ($1.8m) $15.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $3.9m ($8.6m) $27.0m $33.8m $68.5m $51.1m $86.9m $85.0m $100.1m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $226k $931k $2.2m $0 $6k $4k $109k $383k $399k $489k
Income Taxes Paid, Net — — — $80k $147k $379k $0 $1.2m $628k $580k

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