Surrozen cash flow, quarter by quarter

In Q2 2026, Surrozen generated −$7.4M of operating cash flow and spent $19K on capital projects, leaving free cash flow of −$7.4M. That is $1.3M less than in Q2 2025 (−$6.1M).

Over the twelve months to Jun 30, 2026, operating cash flow was −$34.8M; the largest uses were operating cash flow ($34.8M), capital spending ($222K); besides operations, cash came from other financing ($42.8M), shares issued ($3.8M); the cash balance rose by $11.6M.

Operating cash flow was −$7.4M against net income of $50.2M — -0.1× profit, less cash than reported earnings, worth checking against working capital. The largest differences: stock-based pay +$2.9M, accrued liabilities −$799K, prepaid and other assets −$322K.

Surrozen is burning cash: its operations consume cash, a free cash flow of −$35.0M a year at the current rate against $102M of cash and investments: a runway of about 2.9 years before any new financing.