Ceribell cash flow, quarter by quarter

In Q3 2026, Ceribell generated −$13.1M of operating cash flow and spent $100K on capital projects, leaving free cash flow of −$13.2M. That is $1.7M less than in Q3 2025 (−$11.5M).

Over the twelve months to Sep 30, 2026, operating cash flow was −$56.0M; the largest uses were operating cash flow ($56.0M), other financing ($2.2M), capital spending ($421K); besides operations, cash came from other investing ($69.2M), shares issued ($7.7M); the cash balance rose by $18.2M.

Operating cash flow was −$13.1M against net income of −$21.4M. The largest differences: stock-based pay +$7.1M, receivables −$1.8M, accrued liabilities +$1.4M.

Its cash conversion cycle was 178 days (receivables 53 + inventory 210 − payables 85).

Ceribell is burning cash: its operations consume cash, a free cash flow of −$56.4M a year at the current rate against $117M of cash and investments: a runway of about 2.1 years before any new financing.