CVSI: the cash flow

MyFinsight

For the year ending 2025-12-31, CVSI had -$176K decrease in cash & cash equivalents over the period. -$516K in free cash flow.

Cash Flow	2025-12-31
Product sales, net	13,789
Cost of goods sold	7,037
Gross profit	6,752
Research and development expense	122
Sales expense	2,803
Marketing expense	1,666
General and administrative expense	3,153
Benefit from reversal of accrued payroll taxes	-522
Total operating expenses	7,222
Operating loss	-470
Other expense, net	-479
Loss before income taxes	-949
Income tax expense (benefit)	9
Net loss	-958
Depreciation and amortization	192
Stock-based compensation	497
Amortization of debt discount	513
Amortization of right of use assets	238
Gain in fair value of contingent consideration liabilities	0
Gain on debt extinguishment	38
Benefit from reversal of accrued payroll tax (note 12)	-522
Deferred taxes	-3
Other	138
Accounts receivable, net	-124
Inventory	-827
Prepaid expenses and other	-166
Accounts payable and accrued expenses	-1,342
Operating lease liability	-245
Net cash flows used in operating activities	-407
Purchases of property and equipment	109
Acquisition of business, net of cash acquired	0
Net cash flows used in investing activities	-109
Proceeds from note payable	1,650
Debt issuance costs related to note payable	90
Repayment of note payable	1,050
Repayment of unsecured debt	173
Net cash flows provided by financing activities	337
Effect of exchange rate changes on cash	3
Net decrease in cash	-176
Cash, beginning of year	454
Cash, end of year	278

Unit: Thousand (K) dollars (except for numbers of shares and EPS).