VERICEL CORPORATION (VCEL) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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VERICEL CORPORATION cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net loss → Net cash from operating activities: $2,206,000.00Stock-based compensation expense → Operating adjustments reconciliation: $9,083,000.00Accrued expenses → Operating adjustments reconciliation: $3,681,000.00Depreciation and amortization expense → Operating adjustments reconciliation: $3,620,000.00Accounts payable → Operating adjustments reconciliation: $1,571,000.00Non-cash lease costs → Operating adjustments reconciliation: $1,395,000.00Provision for excess and obsolete inventory → Operating adjustments reconciliation: $152,000.00Other non-current assets and liabilities, net → Operating adjustments reconciliation: $58,000.00Amortization of debt issuance costs → Operating adjustments reconciliation: $54,000.00Other → Operating adjustments reconciliation: $11,000.00Operating adjustments reconciliation → Net cash from operating activities: $13,985,000.00Operating adjustments reconciliation → Accounts receivable: $3,329,000.00Operating adjustments reconciliation → Operating lease liabilities: $1,888,000.00Operating adjustments reconciliation → Other current assets: $188,000.00Operating adjustments reconciliation → Inventory: $183,000.00Operating adjustments reconciliation → Amortization of premiums and discounts on marketable securities: $52,000.00Net proceeds from common stock issuance → financing reconciliation: $2,858,000.00financing reconciliation → Net cash from financing activities: $2,692,000.00financing reconciliation → Payments on employees’ behalf for taxes related to vesting of restricted stock unit awards: $143,000.00financing reconciliation → Other: $23,000.00Net cash used in investing activities → investing reconciliation: $2,820,000.00Sales and maturities of investments → investing reconciliation: $10,962,000.00investing reconciliation → Purchases of investments: $11,850,000.00investing reconciliation → Expenditures for property and equipment: $1,932,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $109,295,000.00Net cash from operating activities → Cash sources and uses: $16,191,000.00Net cash from financing activities → Cash sources and uses: $2,692,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $125,358,000.00Cash sources and uses → Net cash used in investing activities: $2,820,000.00Net loss: $2,206,000.00Net income+$2.21 MAmortization of premiums and discounts on marketable securities: -$52,000.00Investment discount & premium−$52.00 KNon-cash lease costs: $1,395,000.00Operating lease amortization+$1.40 MOther: $11,000.00Other non-cash items+$11.00 KStock-based compensation expense: $9,083,000.00Stock-based compensation+$9.08 MAccrued expenses: $3,681,000.00Accrued liabilities+$3.68 MOther non-current assets and liabilities, net: $58,000.00Other operating liabilities+$58.00 KAccounts payable: $1,571,000.00Accounts payable+$1.57 MOperating lease liabilities: -$1,888,000.00Operating lease liabilities−$1.89 MAmortization of debt issuance costs: $54,000.00Debt issuance cost amortization+$54.00 KOther current assets: -$188,000.00Other current assets−$188.00 KInventory: -$183,000.00Inventories−$183.00 KDepreciation and amortization expense: $3,620,000.00Depreciation & amortization+$3.62 MAccounts receivable: -$3,329,000.00Receivables, net−$3.33 MProvision for excess and obsolete inventory: $152,000.00Inventory write-downs+$152.00 KNet cash from operating activities: $16,191,000.00Operating cash+$16.19 MOperating adjustments reconciliation: $19,625,000.00Net proceeds from common stock issuance: $2,858,000.00Common stock issued+$2.86 MOther: -$23,000.00Other financing, net−$23.00 KPayments on employees’ behalf for taxes related to vesting of restricted stock unit awards: -$143,000.00Stock-award tax withholding−$143.00 KNet cash from financing activities: $2,692,000.00Financing cash+$2.69 Mfinancing reconciliation: $2,858,000.00Purchases of investments: -$11,850,000.00Short-term investment purchases−$11.85 MSales and maturities of investments: $10,962,000.00Investment sales & maturities+$10.96 MExpenditures for property and equipment: -$1,932,000.00PP&E purchases−$1.93 MNet cash used in investing activities: -$2,820,000.00. Cash required to fund net payments.Investing cash−$2.82 Minvesting reconciliation: $13,782,000.00Cash sources and uses: $128,178,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $109,295,000.00Beginning cash$109.30 MEnding cash: Cash, cash equivalents, and restricted cash: $125,358,000.00Ending cash$125.36 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$14.26 MOperating cash − cash spent on PP&ECash flow / Net income7.34×Operating cash flow ÷ net incomeNet cash change+$16.06 MEnding cash − beginning cash
Chart details

VERICEL CORPORATION cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
109,295,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
16,191,000 US dollars. Net cash provided.
Net loss
2,206,000 US dollars
Amortization of premiums and discounts on marketable securities
negative 52,000 US dollars
Non-cash lease costs
1,395,000 US dollars
Other
11,000 US dollars
Stock-based compensation expense
9,083,000 US dollars
Accrued expenses
3,681,000 US dollars
Other non-current assets and liabilities, net
58,000 US dollars
Accounts payable
1,571,000 US dollars
Operating lease liabilities
negative 1,888,000 US dollars
Amortization of debt issuance costs
54,000 US dollars
Other current assets
negative 188,000 US dollars
Inventory
negative 183,000 US dollars
Depreciation and amortization expense
3,620,000 US dollars
Accounts receivable
negative 3,329,000 US dollars
Provision for excess and obsolete inventory
152,000 US dollars
Investing activities
negative 2,820,000 US dollars. Net cash used.
Purchases of investments
negative 11,850,000 US dollars
Sales and maturities of investments
10,962,000 US dollars
Expenditures for property and equipment
negative 1,932,000 US dollars
Financing activities
2,692,000 US dollars. Net cash provided.
Net proceeds from common stock issuance
2,858,000 US dollars
Other
negative 23,000 US dollars
Payments on employees’ behalf for taxes related to vesting of restricted stock unit awards
negative 143,000 US dollars
Operating adjustment reconciliation
19,625,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
2,858,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
13,782,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
125,358,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
128,178,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
16,063,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
7.34×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
16,191,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,932,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
14,259,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $13.99M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 16,191,000 US dollars minus 1,932,000 US dollars equals 14,259,000 US dollars.
VERICEL CORPORATION (VCEL) FY2026 Q2 Statement of Cash Flows Sankey chart
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