Income StatementBalance SheetCash FlowSegments
Corvex logo

Corvex Cash Flow Statement

Operating, investing, and financing cash movements

Corvex generated -$11.3M in operating cash flow over the trailing twelve months. After $6.3M in capital expenditures, free cash flow was -$28.9M. Free cash flow decreased 0.2% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)-$11.3MNet Cash From Investing (TTM)-$57.0KNet Cash From Financing (TTM)$5.8MCapital Expenditures (TTM)$57.0KDepreciation And Amortization Cf (TTM)$447.0KNet Change In Cash (TTM)$2.4M
Latest FilingQ1 2026
Report Date2026-05-19
Market Cap$1.2B
ROE-6.25%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Acquired in-process research and development$2.0M$2.4M$1.4M$1.2M$790.0K$822.0K
Acquisitions, net of cash acquired—————-$36.7M
Capital expenditures$5.0K————$6.2M
Net cash from investing activities-$5.0K————$30.4M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt issuance costs and discount amortization————$1.4M$118.0K
Amortization of intangible assets———$0.0—$41.0K
Change in accounts payable—$509.0K$266.0K$71.0K$455.0K-$1.4M
Change in accounts receivable—————$162.0K
Change in accrued liabilities—$113.0K———$251.0K
Change in deferred revenue—-$18.0K-$13.0K——$27.0K
Change in inventories$13.0K$212.0K$221.0K$0.0$78.0K$42.0K
Change in other assets-$86.0K-$142.0K-$2.0K—-$51.0K$747.0K
Change in other current assets$3.5K$4.0K$6.0K$3.0K$4.0K-$48.0K
Change in other liabilities-$1.1M$113.0K-$716.0K—-$194.0K$50.0K
Other working capital changes-$157.0K-$8.0K$16.0K$3.0K-$11.0K—
Depreciation and amortization$38.0K$38.0K$56.0K$28.0K$37.0K$326.0K
Net cash from operating activities-$4.6M-$4.3M-$3.1M-$1.6M-$2.3M-$4.3M
Net income-$4.6M-$5.2M-$3.2M-$4.0M-$5.9M-$5.0M
Non-cash operating lease expense$56.0K$56.0K$53.0K$55.0K$86.0K$118.0K
Stock-based compensation$530.0K$299.0K$780.0K$691.0K$1.1M$2.2M
Inventory and Purchase Commitments Write-downs—$196.3K$196.3K$196.3K$196.3K$32.0K

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating lease payments$73.0K$87.0K$58.0K$72.0K$45.0K$1.6M
Interest paid————$2.0K$1.0K

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Dividends paid—$9.3K$9.3K$9.3K$9.3K—
Dividends paid on preferred stock—$9.3K$9.3K$9.3K$9.3K$96.0K
Costs Related To Reverse Merger—$750.0K$750.0K$750.0K$750.0K—
Net cash from financing activities$1.2M$758.0K$848.0K$1.5M$3.1M$350.0K
Payments for finance leases—————$32.0K
Proceeds from issuance of common stock$1.2M$758.0K$848.0K——$382.0K

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow-$4.6M————-$10.5M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash—-$3.5M-$2.2M-$109.0K—$26.5M
Costs and Expenses$4.8M$5.4M$3.4M$2.7M$4.5M$5.4M
Effective Income Tax Rate Reconciliation, Tax Credit, Percent0.0%1.3%1.3%1.3%1.3%—
Finance Lease Interest Expense—————$139.0K
Finance Lease Right Of Use Asset Amortization—————$131.0K
Financing Interest Expense—————$257.0K
General and administrative costs$2.2M$1.6M$1.6M$1.2M$2.7M$3.4M
Income Loss From Continuing Operations Before Income Taxes Domestic—-$4.6M-$4.6M-$4.6M-$4.6M—
Income Loss From Continuing Operations Before Income Taxes Foreign—$51.3K$51.3K$51.3K$51.3K—
Other Income - Net$76.0K$60.0K$35.0K-$1.4M-$1.4M-$158.0K
Revenues$111.0K$206.0K$103.0K$80.0K$44.0K$510.0K
Sales and marketing—$763.0K———$304.0K