For the year ending 2025-12-31, KRMD had -$708,735 decrease in cash & cash equivalents over the period. -$470,112 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -2,637,926 |
| Stock-based compensation expense and warrant expense | 2,713,539 |
| Depreciation and amortization | 810,500 |
| Loss/(gain) on disposal of fixed assets | 6,700 |
| Non-cash leasing charges | -97,840 |
| Increase in accounts receivable | 489,199 |
| Decrease/(increase) in inventory | 874,462 |
| Decrease/(increase) in prepaid expenses and other assets | 196,682 |
| Increase in accounts payable | 617,504 |
| Increase/(increase) in accrued payroll and related taxes | -279,429 |
| Decrease in other liabilities | -1,547 |
| Increase in accrued expenses | 904,647 |
| Net cash provided by (used in) operating activities | 462,405 |
| Purchases of property and equipment | 932,517 |
| Proceeds on disposals of property and equipment | 6,700 |
| Purchases of intangible assets | 23,973 |
| Net cash used in investing activities | -949,790 |
| Proceeds from exercise of employee stock options | 186,165 |
| Borrowings from insurance finance indebtedness | 406,751 |
| Payments on insurance finance indebtedness | 677,903 |
| Payments for taxes related to net share settlement of equity awards | 27,536 |
| Payments on finance lease liability, net of asset | 108,827 |
| Net cash used in financing activities | -221,350 |
| Net decrease in cash and cash equivalents | -708,735 |
| Cash and cash equivalents, beginning of year | 9,580,947 |
| Cash and cash equivalents, end of year | 8,872,212 |
KORU Medical Systems, Inc. (KRMD)
KORU Medical Systems, Inc. (KRMD)