Parabilis Medicines, Inc. (PBLS) Cash Flow Statement
Where PBLS’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- −$123.7M
- Capital expenditures
- $306,000
- Free cash flow
- −$124.0M
- Returned to shareholders
- $62,000
- Change in cash
- −$19.6M cash at year-end $30.6M
Drawn to scale: where the cash came from and how it was used. Hover for values.
PBLS operating cash flow, capex and free cash flow
PBLS cash flow trends, 2024–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$103.6M2024 | −$123.7M2025 | — | |
| Capital expenditures | $879,0002024 | $306,0002025 | −65.2%/yr | |
| Free cash flow | −$104.5M2024 | −$124.0M2025 | — | |
| Stock-based compensation | $4.3M2024 | $3.3M2025 | −23.0%/yr | |
| Share buybacks (net) | $494,0002024 | $62,0002025 | −87.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PBLS cash flow by activity
PBLS 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).
PBLS cash flow statement
| 2025 | 2024 | |
|---|---|---|
| Operating activities | ||
| Net income | −$145.9M | −$117.9M |
| Depreciation & amortization | $2.5M | $2.1M |
| Stock-based compensation | $3.3M | $4.3M |
| Change in working capital | $9.1M | $910,000 |
| Other non-cash items | $7.2M | $7.0M |
| Cash from operating activities | −$123.7M | −$103.6M |
| Investing activities | ||
| Capital expenditures | −$306,000 | −$879,000 |
| Investments (net) | $40.1M | $31.1M |
| Acquisitions & other investing | $0 | $0 |
| Cash from investing activities | $39.8M | $30.2M |
| Financing activities | ||
| Share repurchases & issuance (net) | −$62,000 | −$494,000 |
| Net borrowing (repayment) | −$3.1M | $0 |
| Shares issued | $67.5M | $77.5M |
| Other financing | $34,000 | $1.1M |
| Cash from financing activities | $64.4M | $78.1M |
| Summary | ||
| Net change in cash | −$19.6M | $4.7M |
| Cash at end of period | $30.6M | $50.1M |
| Free cash flow | −$124.0M | −$104.5M |
| Jun '26 | Mar '26 | Jun '25 | Mar '25 | |
|---|---|---|---|---|
| Operating activities | ||||
| Net income | −$52.5M | −$45.3M | −$34.8M | −$38.3M |
| Depreciation & amortization | $593,000 | $606,000 | $618,000 | $654,000 |
| Stock-based compensation | $3.6M | $1.3M | $823,000 | $852,000 |
| Change in working capital | $37.5M | −$7.5M | −$275,000 | $871,000 |
| Other non-cash items | $7.1M | $1.7M | $2.6M | $1.8M |
| Cash from operating activities | −$3.6M | −$49.2M | −$31.1M | −$34.2M |
| Investing activities | ||||
| Capital expenditures | −$616,000 | −$369,000 | −$16,000 | −$74,000 |
| Investments (net) | −$33.4M | $0 | $24.5M | $6.8M |
| Acquisitions & other investing | $0 | $0 | $0 | $0 |
| Cash from investing activities | −$34.1M | −$369,000 | $24.5M | $6.7M |
| Financing activities | ||||
| Net borrowing (repayment) | −$3.9M | −$3.9M | −$144,000 | −$140,000 |
| Shares issued | $801.6M | $305.2M | $0 | $67.5M |
| Other financing | −$2.0M | $49.6M | $9,000 | −$62,000 |
| Cash from financing activities | $795.7M | $350.9M | −$135,000 | $67.3M |
| Summary | ||||
| Net change in cash | $758.0M | $301.3M | −$6.7M | $39.8M |
| Cash at end of period | $1.09B | $331.9M | $83.2M | $90.0M |
| Free cash flow | −$4.2M | −$49.6M | −$31.1M | −$34.2M |
| Free cash flow margin | −2,863.5% | — | — | — |
| Capex / revenue | 416.2% | — | — | — |
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.
PBLS cash generation
In fiscal 2025 (ended December 31, 2025), Parabilis Medicines generated -$123.7 million of cash from operations and spent $0.3 million on capital expenditures, leaving free cash flow of -$124.0 million. It returned $0.1 million to shareholders through dividends ($0) and net share buybacks ($0.1 million). Cash and equivalents fell by $19.6 million over the year.
Related: PBLS income statement, PBLS balance sheet. See the PBLS stock overview for the latest quote and news.
PBLS cash flow FAQ
What is Parabilis Medicines's free cash flow?
Parabilis Medicines's free cash flow was -$124.0 million in fiscal 2025: -$123.7 million of operating cash flow minus $0.3 million of capital expenditures It was -$104.5 million a year earlier..
How much cash does Parabilis Medicines generate from operations?
Parabilis Medicines generated -$123.7 million of cash from operating activities in fiscal 2025.
How much does Parabilis Medicines spend on capital expenditures?
Parabilis Medicines spent $0.3 million on capital expenditures in fiscal 2025, compared with $0.9 million the year before.
How much stock does Parabilis Medicines buy back?
Parabilis Medicines spent $0.1 million on net share repurchases in fiscal 2025.