FCF snapshot
Quarterly and TTM cash-flow metrics with the minimum valuation context.
TTM free cash flow
-$14.4M
Trailing twelve-month free cash flow.
Quarter free cash flow
-$8.8M
Free cash flow in the selected fiscal quarter.
Operating cash flow
-$7.4M
Cash generated by operations before capital spending.
CapEx
$1.4M
Capital spending and related asset purchases.
FCF margin
-10559.0%
The share of revenue converted into free cash flow.
FCF reconciliation
Free cash flow is not a GAAP line item; it should be bridged from the cash flow statement.
| Operating cash flow | -$7.4M | Cash generated by operations before capital spending. |
| Capital expenditures | $1.4M | Capital spending used to bridge CFO to FCF. |
| Free cash flow | -$8.8M | Operating cash flow less capital spending. |
Cash flow trend
A short quarterly history shows whether FCF is scaling with revenue or only spiking for one period.
| Period | Revenue | Operating CF | CapEx | FCF | FCF margin |
|---|---|---|---|---|---|
| 2024-12-31 | n/a | $770743 | $69145 | $701598 | n/a |
| 2025-03-31 | n/a | -$1.4M | $90405 | -$1.5M | n/a |
| 2025-06-30 | $222722 | -$2.9M | $1.9M | -$4.8M | -2158.6% |
| 2025-09-30 | $83622 | -$7.4M | $1.4M | -$8.8M | -10559.0% |
Risks and tripwires
Observable signals that would weaken the free cash flow thesis.
| Risk | Tripwire | Why it matters |
|---|---|---|
| FCF margin compression | FCF margin falls for two consecutive quarters. | Cash conversion may be weakening before earnings show it. |
| Capital intensity rises | CapEx/revenue moves materially above the recent run rate. | More operating cash flow would be consumed before becoming FCF. |
| Working capital drag | Inventory or receivables grow faster than revenue. | Reported growth may not translate into cash. |