BLFS · As filed with the SEC

Biolife Solutions cash flow statement, by fiscal year

The statement as Biolife Solutions presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Statements of Cash Flows · USD thousands

USD thousandsFY2025
Year ended Dec 31, 2025
FY2024
Year ended Dec 31, 2024
FY2023
Year ended Dec 31, 2023
FY2022
Year ended Dec 31, 2022
Cash flows from operating activities
Net loss(4,595)(20,184)(66,427)(139,805)
Impairment of intangible assets———110,364
Impairment of intangible assets005,758—
Impairment of long-lived assets009,727—
Gain on settlement of Global Cooling escrow——(5,115)—
Gain on settlement of Global Cooling escrow00——
Depreciation2,2535,1607,1146,775
Amortization of intangible assets——5,1819,697
Amortization of intangible assets2,4343,501——
Amortization of loan costs001318
Stock-based compensation22,99330,92331,67025,334
Non-cash lease expense——4043,486
Non-cash lease expense1,875424——
Deferred income tax expense (benefit)65(64)(62)(5,238)
Change in fair value of contingent consideration00(2,193)(4,754)
Change in fair value of warrant liability——00
Change in fair value of investments———(697)
Change in fair value of equity investment and other(983)4,0740—
Accretion of investments(736)(474)(1,262)(447)
Gain on acquisition of Sexton Biotechnologies, Inc.——00
Stock issued for services———0
Loss on disposal of assets held for rent, net510567594773
Loss on disposal of property and equipment, net11154633745
Forgiveness of loans payable——00
IPR&D expense15,521———
Net gain on disposal of subsidiaries(10,324)(15,877)——
Other—00166
Change in operating assets and liabilities
Accounts receivable, trade, net264(2,899)15,351(10,753)
Inventories(1,268)781(8,552)(6,559)
Prepaid expenses and other current assets———26
Prepaid expenses and other current assets(3,039)(2,407)137—
Accounts payable(2,086)26(8,425)414
Accrued expenses and other current liabilities(1,144)6,4852,0021,787
Sales taxes payable(1,905)(973)1,3111,526
Warranty liability——(454)(1,086)
Warranty liability5(528)——
Other264(258)97(260)
Net cash provided by (used in) operating activities20,1158,431(12,498)(8,488)
Cash flows from investing activities
Cash acquired in acquisition of Global Cooling, Inc. and Sexton Biotechnologies, Inc.——00
IVexSol Preferred Stock Investment———0
PanTHERA Cryosolutions Investment———0
Purchases of property and equipment(9,478)(3,227)(6,381)(10,385)
Deposits on property and equipment———0
Purchases of assets held for rent(886)(2,068)(4,856)(3,536)
Deposits on assets held for rent———0
Proceeds from sale of marketable securities———420
Maturities of marketable securities———8,500
Proceeds from sale of equipment——00
Proceeds from sale of available-for-sale securities6,8293,5183,469—
Maturities of available-for-sale securities34,76418,40052,700—
Investment in available-for-sale securities(114,063)(18,415)(27,095)(53,116)
Purchases of intangible assets0(300)——
Investment in IPR&D(10,221)———
Investment in convertible promissory note(2,000)———
Proceeds from sale of divested entities23,51673,431——
Payments on divestiture of Global Cooling0(13,039)——
Net cash (used in) provided by investing activities(71,539)58,30017,837(58,117)
Cash flows from financing activities
Paycheck Protection Program CARES Act———0
Equipment Loans———0
Paycheck Protection Program CARES Act———0
Equipment Loans———(498)
Proceeds from term loan———20,000
Payments on term loan———(1,666)
Payments of contingent consideration———0
Proceeds from term loan—00—
Payments on term loan(10,000)(5,000)(300)—
Payments on equipment loans0(1,608)(198)—
Financed Insurance Premium———(1,375)
Proceeds from equipment loans——0—
Issuance of common stock0010,244—
Common Stock, 2020———0
Fees paid related to issuance of common stock—00(131)
Proceeds from line of credit——00
Payments on line of credit——00
Proceeds from exercise of common stock options18202507323
Proceeds from exercise of warrants———0
Proceeds from financed insurance premium02,0942,639—
Payments on financed insurance premium(975)(2,397)(2,365)—
Other33(74)64(337)
Net cash (used in) provided by financing activities(10,924)(6,783)10,59116,316
Net (decrease) increase in cash and cash equivalents(62,348)59,94815,930(50,289)
Cash and cash equivalents – beginning of period95,38635,43819,47369,870
Effects of currency translation on cash and cash equivalents0035(108)
Cash and cash equivalents – end of period33,03895,38635,43819,473
Non-cash investing and financing activities
Cashless exercise of warrants reclassified from warrant liability to common stock——00
Global Cooling, Inc. and Sexton Biotechnologies——00
SciSafe——2,263817
Equipment acquired under operating leases———243
Equipment acquired under finance leases———0
Assets acquired under operating leases05,833880—
Assets acquired under finance leases001,682—
Purchase of property and equipment not yet paid0107359478
Unrealized loss (gain) on available-for-sale securities108(18)(56)50
Unrealized gain on currency translation—0(12)0
Stock issued as bonus consideration———0
Unrealized gain on currency translation0———
Non-cash acquisition of PanTHERA5,300———
Cashless issuance of SciSafe earnout shares00——
Returned shares from settlement of Global Cooling escrow00(5,115)—
Cash interest paid7621,6081,927586

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.