Nasus Pharma Ltd. (NSRX) Cash Flow Statement
Where NSRX’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- −$4.9M
- Capital expenditures
- $14,000
- Free cash flow
- −$4.9M
- Returned to shareholders
- —
- Change in cash
- $980,000 cash at year-end $1.3M
Drawn to scale: where the cash came from and how it was used. Hover for values.
NSRX operating cash flow, capex and free cash flow
NSRX cash flow trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$1.2M2022 | −$4.9M2025 | — | |
| Capital expenditures | $02022 | $14,0002025 | — | |
| Free cash flow | −$1.2M2022 | −$4.9M2025 | — | |
| Stock-based compensation | $23,0002022 | $447,0002025 | +168.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NSRX cash flow by activity
NSRX net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
NSRX cash flow statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Operating activities | ||||
| Net income | −$5.8M | −$1.6M | −$1.0M | −$2.2M |
| Stock-based compensation | $447,000 | $10,000 | $39,000 | $23,000 |
| Change in working capital | −$464,000 | $405,000 | $167,000 | $477,000 |
| Other non-cash items | $904,000 | $472,000 | −$230,000 | $441,000 |
| Cash from operating activities | −$4.9M | −$665,000 | −$1.0M | −$1.2M |
| Investing activities | ||||
| Capital expenditures | −$14,000 | $0 | $0 | $0 |
| Investments (net) | −$3.0M | $0 | $0 | −$160,000 |
| Acquisitions & other investing | $0 | — | — | $0 |
| Cash from investing activities | −$3.0M | — | — | −$160,000 |
| Financing activities | ||||
| Net borrowing (repayment) | $435,000 | $1.0M | $1.1M | $1.5M |
| Shares issued | $8.5M | $0 | $0 | $0 |
| Other financing | $0 | −$230,000 | $0 | −$228,000 |
| Cash from financing activities | $8.9M | $770,000 | $1.1M | $1.2M |
| Summary | ||||
| Net change in cash | $980,000 | $101,000 | $39,000 | −$143,000 |
| Cash at end of period | $1.3M | $311,000 | $210,000 | $171,000 |
| Free cash flow | −$4.9M | −$665,000 | −$1.0M | −$1.2M |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$2,971 | −$2,971 | −$1.4M | −$626 | −$626 | −$330 | −$330 | −$436 | −$436 | −$418 | −$418 | −$107 |
| Depreciation & amortization | — | $3.0M | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | $256 | $256 | — | $75 | $75 | — | — | — | — | $7 | $7 | $12 |
| Change in working capital | −$183,824 | −$38 | −$203,070 | $77,600 | $133 | $46 | $46 | $160 | $160 | $81 | $81 | $60 |
| Other non-cash items | −$1.8M | −$3.0M | $230,686 | −$197,482 | $202 | $42 | $42 | $186 | $186 | $54 | $54 | −$204 |
| Cash from operating activities | −$2.0M | −$3,018 | −$1.4M | −$120,433 | −$216 | −$242 | −$242 | −$90 | −$90 | −$276 | −$276 | −$238 |
| Investing activities | ||||||||||||
| Capital expenditures | −$1,323 | $0 | −$4,230 | −$3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions & other investing | −$313,287 | −$478 | −$907,013 | — | — | — | — | — | — | — | — | — |
| Cash from investing activities | −$314,610 | −$478 | −$911,243 | — | — | — | — | — | — | — | — | — |
| Financing activities | ||||||||||||
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $4.5M | $6,801 | $2.6M | $100,129 | $180 | −$56 | −$56 | $440 | $440 | — | — | $528 |
| Cash from financing activities | $4.5M | $6,801 | $2.6M | $100,129 | $180 | −$56 | −$56 | $440 | $440 | — | — | $528 |
| Summary | ||||||||||||
| Net change in cash | $2.2M | — | $336,177 | −$232 | — | — | −$916 | $916 | — | — | −$751 | $751 |
| Cash at end of period | $2.7M | $405,070 | $405,070 | $232 | $232 | — | — | $916 | — | — | — | $751 |
| Free cash flow | −$2.0M | −$3,019 | −$1.4M | −$120,430 | −$216 | −$242 | −$242 | −$90 | −$90 | −$276 | −$276 | −$238 |
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.
NSRX cash generation
In fiscal 2025 (ended December 31, 2025), Nasus Pharma generated -$4.9 million of cash from operations and spent $0.0 million on capital expenditures, leaving free cash flow of -$4.9 million. Cash and equivalents rose by $1.0 million over the year.
Related: NSRX income statement, NSRX balance sheet. See the NSRX stock overview for the latest quote and news.
NSRX cash flow FAQ
What is Nasus Pharma's free cash flow?
Nasus Pharma's free cash flow was -$4.9 million in fiscal 2025: -$4.9 million of operating cash flow minus $0.0 million of capital expenditures It was -$0.7 million a year earlier..
How much cash does Nasus Pharma generate from operations?
Nasus Pharma generated -$4.9 million of cash from operating activities in fiscal 2025.
How much does Nasus Pharma spend on capital expenditures?
Nasus Pharma spent $0.0 million on capital expenditures in fiscal 2025.