Vogenx Inc (VOGX) Cash Flow Statement
Where VOGX’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- −$1.1M
- Capital expenditures
- $0
- Free cash flow
- −$1.1M
- Returned to shareholders
- —
- Change in cash
- −$361,913 cash at year-end $601,010
Drawn to scale: where the cash came from and how it was used. Hover for values.
VOGX operating cash flow, capex and free cash flow
VOGX cash flow trends, 2024–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$2.3M2024 | −$1.1M2025 | — | |
| Capital expenditures | $02024 | $02025 | — | |
| Free cash flow | −$2.3M2024 | −$1.1M2025 | — | |
| Stock-based compensation | $87,3012024 | $16,7842025 | −80.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
VOGX cash flow by activity
VOGX 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).
VOGX cash flow statement
| 2025 | 2024 | |
|---|---|---|
| Operating activities | ||
| Net income | −$1.4M | −$2.2M |
| Stock-based compensation | $16,784 | $87,301 |
| Change in working capital | $304,390 | −$167,052 |
| Other non-cash items | $12,516 | −$58,030 |
| Cash from operating activities | −$1.1M | −$2.3M |
| Investing activities | ||
| Capital expenditures | $0 | $0 |
| Financing activities | ||
| Net borrowing (repayment) | $750,000 | $0 |
| Shares issued | $0 | $0 |
| Other financing | $0 | $0 |
| Cash from financing activities | $750,000 | $0 |
| Summary | ||
| Net change in cash | −$361,913 | −$2.3M |
| Cash at end of period | $601,010 | $962,923 |
| Free cash flow | −$1.1M | −$2.3M |
| Jun '26 | Mar '26 | Jun '25 | Mar '25 | |
|---|---|---|---|---|
| Operating activities | ||||
| Net income | −$384,430 | −$475,452 | −$294,797 | −$356,619 |
| Stock-based compensation | $4,668 | −$4,852 | $2,621 | $2,621 |
| Change in working capital | $377,831 | $117,624 | $121,674 | −$21,255 |
| Other non-cash items | $29,069 | $12,423 | −$14,154 | −$12,738 |
| Cash from operating activities | $27,138 | −$350,257 | −$184,656 | −$387,991 |
| Investing activities | ||||
| Capital expenditures | $0 | $0 | $0 | $0 |
| Financing activities | ||||
| Shares issued | $0 | $0 | $0 | $0 |
| Summary | ||||
| Net change in cash | −$57,736 | −$350,257 | −$184,656 | −$387,991 |
| Cash at end of period | $193,017 | $250,753 | $390,276 | $574,932 |
| Free cash flow | $27,138 | −$350,257 | −$184,656 | −$387,991 |
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.
VOGX cash generation
In fiscal 2025 (ended December 31, 2025), Vogenx generated -$1.1 million of cash from operations and spent $0 on capital expenditures, leaving free cash flow of -$1.1 million. Cash and equivalents fell by $0.4 million over the year.
Related: VOGX income statement, VOGX balance sheet. See the VOGX stock overview for the latest quote and news.
VOGX cash flow FAQ
What is Vogenx's free cash flow?
Vogenx's free cash flow was -$1.1 million in fiscal 2025: -$1.1 million of operating cash flow minus $0 of capital expenditures It was -$2.3 million a year earlier..
How much cash does Vogenx generate from operations?
Vogenx generated -$1.1 million of cash from operating activities in fiscal 2025.