CV Sciences, Inc.
For the period ended Sep 30, 2025. Filed Nov 13, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 13, 2025
CVSIStored price and day change unavailable
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
(in thousands)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| OPERATING ACTIVITIES | ||
| Net loss | $(752) | $(1,668) |
| Adjustments to reconcile net loss to net cash flows used in operating activities: | ||
| Depreciation and amortization | 171 | 220 |
| Stock-based compensation | 374 | 154 |
| Amortization of debt discount | 386 | 117 |
| Amortization of right of use assets | 175 | 86 |
| Gain on debt extinguishment | (38) | — |
| Benefit from reversal of accrued payroll tax (Note 12) | (522) | — |
| Gain in fair value of contingent consideration liabilities | — | (188) |
| Other | 128 | 236 |
| Change in operating assets and liabilities: | ||
| Accounts receivable, net | 130 | 19 |
| Inventory | 830 | 689 |
| Prepaid expenses and other | 141 | 208 |
| Accounts payable and accrued expenses | (1,076) | (570) |
| Net cash flows used in operating activities | (53) | (697) |
| INVESTING ACTIVITIES | ||
| Purchases of property and equipment | (100) | — |
| Acquisition of business, net of cash acquired | — | (6) |
| Net cash flows used in investing activities | (100) | (6) |
| FINANCING ACTIVITIES | ||
| Proceeds from note payable | 1,200 | 900 |
| Debt issuance costs related to note payable | (82) | (5) |
| Repayment of note payable | (900) | (325) |
| Repayment of unsecured debt | (139) | (203) |
| Net cash flows provided by financing activities | 79 | 367 |
| Effect of exchange rate changes on cash | 1 | (2) |
| Net decrease in cash | (73) | (338) |
| Cash, beginning of period | 454 | 1,317 |
| Cash, end of period | $381 | $979 |
| Supplemental cash flow disclosure: | ||
| Interest paid | $4 | $6 |
| Income taxes paid | $7 | $6 |
| Supplemental disclosures of non-cash transactions: | ||
| Services paid with common stock | $60 | $92 |
| Right of use asset financed by lease liabilities | $486 | $— |
| Original issuance discount for note payable | $(400) | $(284) |
| Debt modification cost | $(150) | $— |
| Working capital adjustment due from seller | $— | $34 |
| Fair value of net assets acquired, excluding cash | $— | $341 |
| Goodwill on acquisition | $— | $365 |
| Common stock consideration | $— | $(700) |
| Cash paid for acquisition | $— | $6 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.