VCEL: the cash flow

MyFinsight

For the year ending 2025-12-31, VCEL had $15,043K increase in cash & cash equivalents over the period. $24,748K in free cash flow.

Cash Flow	2025-12-31
Net income (loss)	16,518
Depreciation and amortization expense	11,544
Stock-based compensation expense	38,767
Amortization of premiums and discounts on marketable securities	183
Amortization of debt issuance costs	215
Non-cash lease costs	5,350
Provision for excess and obsolete inventory	1,043
Other	-13
Inventory	1,230
Accounts receivable	23,259
Other current assets	457
Accounts payable	2,974
Accrued expenses	2,171
Operating lease liabilities	-2,623
Other non-current assets and liabilities, net	1,067
Net cash provided by operating activities	51,910
Purchases of investments	72,371
Sales and maturities of investments	55,596
Expenditures for property and equipment	27,162
Purchases of intangible assets	0
Net cash used in investing activities	-43,937
Net proceeds from common stock issuance	13,934
Payments on employee's behalf for taxes related to vesting of restricted stock unit awards	6,817
Other	-47
Net cash provided by financing activities	7,070
Net increase (decrease) in cash, cash equivalents, and restricted cash	15,043
Cash, cash equivalents, and restricted cash at beginning of period	85,049
Cash, cash equivalents, and restricted cash at end of period	100,092

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