Empery Digital cash flow, quarter by quarter

In Q3 2026, Empery Digital generated −$15.0M of operating cash flow and spent $6K on capital projects, leaving free cash flow of −$15.0M. That is $7.3M less than in Q3 2025 (−$7.6M).

Over the twelve months to Sep 30, 2026, operating cash flow was −$28.4M; the largest uses were buybacks ($111M), operating cash flow ($28.4M), net borrowing (+) / repaid (−) ($30K); besides operations, cash came from other investing ($189M), other financing ($9.7M); the cash balance rose by $59.2M.

Operating cash flow was −$15.0M against net income of $24.0M — -0.6× profit, less cash than reported earnings, worth checking against working capital. The largest differences: accrued liabilities −$853K, payables +$411K, receivables +$15K.

Its cash conversion cycle was -161 days (receivables 45 + inventory 101 − payables 307): suppliers fund its working capital.

Empery Digital is burning cash: its operations consume cash, a free cash flow of −$28.4M a year at the current rate against $78.1M of cash and investments: a runway of about 2.8 years; $11K of debt also comes due within a year, which the cash covers before any new financing.