Lexaria Bioscience Corp. (LEXX) Cash Flow Statement
Where LEXX’s cash came from and went, FY2025
August 31, 2025 · U.S. dollars- Cash from operations
- −$10.5M
- Capital expenditures
- $24,643 3.5% of revenue
- Free cash flow
- −$10.5M −1,483.9% margin
- Returned to shareholders
- —
- Change in cash
- −$4.7M cash at year-end $1.8M
Cash from operations
−$10.5M
Investments (net)
−$243,019
Shares issued
+$6.0M
Currency & other
−$50,519
Change in cash
−$4.7M
Drawn to scale: where the cash came from and how it was used. Hover for values.
LEXX operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
LEXX cash flow trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$660,856FY2016 | −$10.5MFY2025 | — | |
| Capital expenditures | $20,102FY2016 | $24,643FY2025 | +2.3%/yr | |
| Free cash flow | −$680,958FY2016 | −$10.5MFY2025 | — | |
| Free cash flow margin | −1,672.4%FY2016 | −1,483.9%FY2025 | +188.5 pts | |
| Stock-based compensation | $122,015FY2016 | $859,494FY2025 | +24.2%/yr | |
| Capex / revenue | 49.4%FY2016 | 3.5%FY2025 | −45.9 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LEXX cash flow by activity
OperatingInvestingFinancingChange in cash
LEXX net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
LEXX cash flow statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$11.9M | −$5.8M | −$6.7M | −$7.4M | −$4.2M | −$4.1M | −$4.2M | −$6.6M | −$1.9M | −$1.3M |
| Depreciation & amortization | $87,825 | $76,153 | $145,397 | $102,718 | $147,597 | $146,092 | $60,550 | $2,307 | $1,488 | $619 |
| Stock-based compensation | $859,494 | $492,236 | $170,382 | $752,591 | $410,007 | $1.1M | $626,692 | $2.6M | $113,044 | $122,015 |
| Change in working capital | $195,576 | $106,556 | $143,264 | −$351,475 | $63,526 | −$194,363 | $79,683 | −$371,232 | −$301,122 | $337,967 |
| Other non-cash items | $318,152 | $174,706 | $372,245 | $2.0M | −$424,660 | $374,829 | $385,933 | $1.9M | $570,146 | $155,792 |
| Cash from operating activities | −$10.5M | −$5.0M | −$5.9M | −$4.9M | −$4.0M | −$2.6M | −$3.0M | −$2.5M | −$1.5M | −$660,856 |
| Investing activities | ||||||||||
| Capital expenditures | −$24,643 | −$43,017 | −$169,610 | −$49,191 | −$79,493 | −$33,645 | −$769,165 | −$85,399 | −$9,699 | −$20,102 |
| Investments (net) | −$243,019 | −$188,605 | −$169,610 | −$180,640 | $193,880 | $6,802 | $6,802 | $6,802 | $6,802 | — |
| Acquisitions & other investing | $24,643 | $43,017 | $169,610 | $49,191 | $79,493 | $0 | −$6,802 | −$76,802 | −$6,802 | $0 |
| Cash from investing activities | −$243,019 | −$188,605 | −$169,610 | −$180,640 | $193,880 | −$26,843 | −$769,165 | −$155,399 | −$9,699 | −$20,102 |
| Financing activities | ||||||||||
| Net borrowing (repayment) | — | — | $0 | −$44,600 | −$66,694 | $30,670 | $30,670 | $30,670 | −$50,000 | — |
| Shares issued | $6.0M | $4.2M | $1.6M | $0 | $9.5M | $2.7M | $2.3M | $1.9M | $0 | $0 |
| Other financing | $0 | $6.1M | $0 | $0 | $4.0M | −$44,496 | $969,330 | −$30,670 | $4.0M | $514,292 |
| Cash from financing activities | $6.0M | $10.3M | $1.6M | −$44,600 | $13.4M | $2.7M | $3.3M | $1.9M | $4.0M | $514,292 |
| Summary | ||||||||||
| Net change in cash | −$4.7M | $5.1M | −$4.5M | −$5.1M | $9.6M | $8,602 | −$442,037 | −$806,153 | $2.4M | −$166,666 |
| Cash at end of period | $1.8M | $6.5M | $1.4M | $5.8M | $10.9M | $1.3M | $1.3M | $1.7M | $2.5M | $93,409 |
| Free cash flow | −$10.5M | −$5.0M | −$6.1M | −$4.9M | −$4.1M | −$2.7M | −$3.8M | −$2.6M | −$1.6M | −$680,958 |
| Free cash flow margin | −1,483.9% | −1,077.4% | −2,674.9% | −1,929.8% | −563.0% | −689.8% | −1,695.7% | −600.8% | −2,444.4% | −1,672.4% |
| Capex / revenue | 3.5% | 9.3% | 75.0% | 19.3% | 11.0% | 8.7% | 345.5% | 19.7% | 15.2% | 49.4% |
| May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | Aug '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$2.0M | −$1.5M | −$1.6M | −$2.7M | −$3.8M | −$2.7M | −$2.7M | −$2.2M | −$1.8M | −$652,733 | −$1.2M | −$1.2M |
| Depreciation & amortization | $19,208 | $19,101 | $16,866 | $21,398 | $30,955 | $2,277 | $33,195 | −$7,760 | $15,074 | $15,931 | $28,778 | $70,928 |
| Stock-based compensation | $92,944 | $74,895 | $74,895 | $122,724 | $470,136 | $167,219 | $99,415 | $96,510 | $341,773 | −$107,906 | $53,953 | $9,634 |
| Change in working capital | $236,542 | −$814,405 | $499,620 | −$323,932 | −$344,081 | $1.0M | −$168,143 | $174,128 | $76,324 | −$9,350 | −$134,546 | −$714,854 |
| Other non-cash items | $9,267 | $9,269 | $22,024 | $234,540 | $49,643 | $17,853 | $16,116 | $32,034 | $85,064 | $134,444 | $55,200 | $261,627 |
| Cash from operating activities | −$1.6M | −$2.2M | −$984,098 | −$2.6M | −$3.6M | −$1.5M | −$2.7M | −$1.9M | −$1.3M | −$619,614 | −$1.2M | −$1.6M |
| Investing activities | ||||||||||||
| Capital expenditures | −$26,252 | −$55,910 | −$5,099 | −$14,611 | −$19,443 | −$27,894 | −$37,804 | −$69,587 | −$22,000 | −$56,990 | −$40,026 | −$68,437 |
| Investments (net) | −$837 | — | — | −$157,878 | −$19,443 | −$27,894 | −$37,804 | −$69,587 | −$22,002 | −$56,990 | −$40,026 | −$68,437 |
| Acquisitions & other investing | $0 | $2,001 | $0 | $14,611 | $19,443 | $27,894 | $37,804 | $69,587 | $22,002 | $56,990 | $40,026 | $68,437 |
| Cash from investing activities | −$27,089 | −$53,909 | −$5,099 | −$157,878 | −$19,443 | −$27,894 | −$37,804 | −$69,587 | −$22,000 | −$56,990 | −$40,026 | −$68,437 |
| Financing activities | ||||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | −$121,687 |
| Share repurchases & issuance (net) | — | — | — | — | — | — | — | — | — | — | — | −$121,687 |
| Shares issued | $0 | $3.0M | $3.5M | $0 | $1.7M | $11,720 | $4.3M | $0 | $0 | $3.0M | $1.2M | $0 |
| Other financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.0M | $491,824 | $571,651 | $121,687 |
| Cash from financing activities | $0 | $3.0M | $3.5M | $0 | $1.7M | $11,720 | $4.3M | $0 | $5.0M | $3.5M | $1.8M | −$121,687 |
| Summary | ||||||||||||
| Net change in cash | −$1.7M | $846,908 | $2.5M | −$2.8M | −$1.9M | −$1.6M | $1.6M | −$2.0M | $3.8M | $2.8M | $602,063 | −$1.8M |
| Cash at end of period | $3.5M | $5.1M | $4.3M | $1.8M | $4.6M | $6.5M | $8.1M | $6.5M | $8.5M | $4.7M | $2.0M | $1.4M |
| Free cash flow | −$1.7M | −$2.2M | −$989,197 | −$2.7M | −$3.6M | −$1.5M | −$2.8M | −$2.0M | −$1.3M | −$676,604 | −$1.2M | −$1.7M |
| Free cash flow margin | — | −11,098.9% | — | −1,527.1% | −2,070.9% | −876.9% | −1,502.7% | −2,334.8% | −1,533.4% | −466.6% | −807.6% | — |
| Capex / revenue | — | 279.6% | — | 8.4% | 11.2% | 16.0% | 20.6% | 82.8% | 26.2% | 39.3% | 26.5% | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
LEXX cash generation
In fiscal 2025 (ended August 31, 2025), Lexaria Bioscience generated -$10.5 million of cash from operations and spent $0.0 million on capital expenditures, leaving free cash flow of -$10.5 million, −1,483.9% of revenue. Cash and equivalents fell by $4.7 million over the year.
Related: LEXX income statement, LEXX balance sheet. See the LEXX stock overview for the latest quote and news.
LEXX cash flow FAQ
What is Lexaria Bioscience's free cash flow?
Lexaria Bioscience's free cash flow was -$10.5 million in fiscal 2025: -$10.5 million of operating cash flow minus $0.0 million of capital expenditures It was -$5.0 million a year earlier..
How much cash does Lexaria Bioscience generate from operations?
Lexaria Bioscience generated -$10.5 million of cash from operating activities in fiscal 2025.
How much does Lexaria Bioscience spend on capital expenditures?
Lexaria Bioscience spent $0.0 million on capital expenditures in fiscal 2025, 3.5% of revenue, compared with $0.0 million the year before.