VOR (VOR) financial statements
Net income was -$696M.
Free cash flow was -$144M.
The diluted share count rose 92308% over the period (dilution).
Income statement
Fiscal years, from VOR's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Research and development | $32M | $48M | $65M | $94M | $93M | $322M |
| Selling, general and admin | $12M | $21M | $29M | $32M | $28M | $50M |
| Operating income | -$43M | -$69M | -$93M | -$126M | -$121M | -$372M |
| Net income | -$43M | -$69M | -$92M | -$118M | -$117M | -$696M |
| EPS (diluted) | -$4,611.40 | -$42.00 | -$46.60 | -$35.00 | -$34.03 | -$70.50 |
| Diluted shares | 0M | 2M | 2M | 3M | 3M | 10M |
Balance sheet
Fiscal years, from VOR's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $49M | $207M | $230M | $137M | $92M | $455M |
| Total current assets | $49M | $214M | $237M | $141M | $97M | $458M |
| Property, plant and equipment | $5M | $7M | $13M | $10M | $7M | $533,000 |
| Total assets | $76M | $243M | $299M | $198M | $143M | $464M |
| Total current liabilities | $10M | $10M | $13M | $16M | $19M | $25M |
| Total liabilities | $28M | $26M | $49M | $47M | $46M | $628M |
| Shareholders' equity | -$59M | $216M | $251M | $151M | $97M | -$164M |
| Net debt | -$49M | -$120M | -$58M | -$31M | -$82M | -$396M |
Cash flow
Fiscal years, from VOR's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$36M | -$69M | -$85M | -$100M | -$100M | -$143M |
| Capital spending | $4M | $4M | $8M | $1M | $229,000 | $941,000 |
| Free cash flow | -$40M | -$73M | -$94M | -$101M | -$100M | -$144M |
| Stock-based compensation | $1M | $4M | $11M | $13M | $10M | $19M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 | $0 |
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Open VOR in InvestinglyQuestions
How much free cash flow does VOR generate?
-$144M in fiscal 2025 (operating cash flow minus capital spending).
From VOR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.