Theriva Biologics, Inc. cash flow statement TOVX

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, Theriva Biologics, Inc. used $16.7 million of cash from operations, up 1.6% from the year before. It spent $35,000 on capital expenditures. Free cash flow was negative, at -$16.7 million.

USD in millions, except per-share amounts and ratios. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Operating
Depreciation and amortization	0 -8.8%	0 -21.2%	0 +1.5%	0 +58.8%	0 -2.3%	0 -56.7%	0 -16.2%	0 -11.8%	0 +11.0%	0 +56.1%	0 +118.1%
Stock-based compensation	1 +6.4%	1 -2.5%	1 +21.6%	1 +16.2%	0 +14.2%	0 +18.9%	0 +2.9%	0 -83.6%	2 -39.2%	3 -15.0%	4 +25.4%
Operating cash flow	-13 +29.5%	-17 +1.6%	-17 +10.8%	-19 +0.5%	-19 -48.0%	-13 -5.9%	-12 +12.3%	-14 +19.7%	-17 +14.5%	-20 +27.6%	-28 +28.3%
Investing
Capital expenditures	0 +37.5%	0 +3400.0%	0 -99.5%	0 +74.1%	0 +728.6%	0 +55.6%	0	0 -100.0%	0 -96.7%	0 -62.7%	1 +13.6%
Investing cash flow	-0 -37.5%	-0 -3400.0%	-0 +99.5%	-0 +95.4%	-4 -31300.0%	-0 -55.6%	-0	0 +100.0%	-0 +96.7%	-0 +62.7%	-1 -13.6%
Financing
Debt issued	—	2	—	—	—	—	—	—	—	—	—
Debt repaid	—	—	0 -10.7%	0 -94.5%	1	—	—	—	—	—	—
Stock buybacks	—	—	—	0 -100.0%	0	—	—	—	—	—	—
Financing cash flow	12 -10.6%	18 +231.0%	5 +779.4%	1 +132.4%	-2 -102.6%	74 +2103.1%	3	0 -100.0%	29 +57.4%	18 -30.8%	27 -37.4%
Change in cash
Effect of exchange rate	-0 -315.9%	-0 +30.3%	-0 -300.0%	-0 -3.1%	-0	—	—	—	—	—	—
Net change in cash	-1 +82.7%	1 +112.1%	-12 +37.8%	-19 +26.8%	-25	—	—	—	—	—	—
Free cash flow	-13 +29.4%	-17 +1.4%	-17 +11.8%	-19 +0.0%	-19 -48.8%	-13 -6.0%	-12 +12.2%	-14 +19.7%	-17 +15.3%	-20 +28.3%	-28 +27.7%
Per share
Free cash flow per share	-0.41 +92.4%	-1.38 +89.0%	-12.56 +57.8%	-29.80 -2279.0%	-1.25 -18.3%	-1.06	—	—	—	—	—
Shareholder returns
Returned to shareholders	—	—	—	0	0	—	—	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and ratios. Capital expenditures, debt repaid, dividends, and buybacks are positive amounts. Investing and financing cash flow keep the filing sign, so an outflow is negative. Free cash flow is operating cash flow minus capital expenditures. The first column is the trailing twelve months through the latest quarter. Returned to shareholders is dividends plus buybacks. Free cash flow margin, capital expenditures, and stock-based compensation are divided by revenue. Cash conversion is operating cash flow divided by net income. More on our methodology.

Company profile

Industry: Pharmaceutical Preparations (SIC 2834)
Listed as: TOVX (NYSE)
Fiscal year ends: December 31
Incorporated in: NV
Headquarters: Rockville, MD
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 894158
Former names: Synthetic Biologics, Inc. (until Oct 12, 2022); ADEONA PHARMACEUTICALS, INC. (until Feb 17, 2012); PIPEX PHARMACEUTICALS, INC. (until Oct 16, 2008); SHEFFIELD PHARMACEUTICALS INC (until Dec 8, 2006); SHEFFIELD MEDICAL TECHNOLOGIES INC (until May 14, 1997)

Other Pharmaceutical Preparations companies

All 570 Pharmaceutical Preparations companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.