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NOVAN, INC.

EDGAR

NOVN Quarterly report (10-Q) · filed 2023-05-15

34 filing records in this dataset, filed from 2016-08-24 to 2023-05-15. Reported financial figures are available; chart coverage varies by period.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

3.17 million USD

2023 Q1 · USD

Exact inputs and evidence

Revenue: 3166000 USD Source

Operating margin

-436.92%

2023 Q1 · %

Exact inputs and evidence

Operating Income: -13833000 USD Source
Revenue: 3166000 USD Source

Operating cash flow

-4.25 million USD

2023 Q1 · USD

Exact inputs and evidence

Operating Cash Flow: -4250000 USD Source

Free cash flow

-4.27 million USD

2023 Q1 · USD

Exact inputs and evidence

Operating Cash Flow: -4250000 USD Source
Capital Expenditure: 23000 USD Source

Cash and cash equivalents: 12.5 million USD 2023-03-31 Source
Exact value

12541000 USD
Long-term debt including current maturities: 16.5 million USD 2022-06-30 Source
Exact value

16500000 USD
Shares outstanding: 28 million shares 2023-03-31 Source
Exact value

28015371 shares

Reported share-count change

47.60% · 9.04 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

18980122 shares · 2022-03-31· Source
28015371 shares · 2023-03-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

24.9 million USD

2022-04-01 – 2023-03-31

Exact inputs and evidence

Revenue: 6158000 USD · 2022-04-01 – 2022-06-30 Source
Revenue: 5115000 USD · 2022-07-01 – 2022-09-30 Source
Revenue: 23682000 USD · 2022-01-01 – 2022-12-31 Source
Revenue: 13201000 USD · 2022-01-01 – 2022-09-30 Source
Revenue: 3166000 USD · 2023-01-01 – 2023-03-31 Source

Net income

-32.1 million USD

2022-04-01 – 2023-03-31

Exact inputs and evidence

Net income: -8878000 USD · 2022-04-01 – 2022-06-30 Source
Net income: -6030000 USD · 2022-07-01 – 2022-09-30 Source
Net income: -31311000 USD · 2022-01-01 – 2022-12-31 Source
Net income: -28288000 USD · 2022-01-01 – 2022-09-30 Source
Net income: -14119000 USD · 2023-01-01 – 2023-03-31 Source

Operating cash flow

-35.9 million USD

2022-04-01 – 2023-03-31

Exact inputs and evidence

Operating cash flow: -10344000 USD · 2022-01-01 – 2022-06-30 Source
Operating cash flow: 766000 USD · 2022-01-01 – 2022-03-31 Source
Operating cash flow: -19774000 USD · 2022-01-01 – 2022-09-30 Source
Operating cash flow: -10344000 USD · 2022-01-01 – 2022-06-30 Source
Operating cash flow: -30882000 USD · 2022-01-01 – 2022-12-31 Source
Operating cash flow: -19774000 USD · 2022-01-01 – 2022-09-30 Source
Operating cash flow: -4250000 USD · 2023-01-01 – 2023-03-31 Source

Capital expenditure

3.37 million USD

2022-04-01 – 2023-03-31

Exact inputs and evidence

Capital expenditure: 2800000 USD · 2022-01-01 – 2022-06-30 Source
Capital expenditure: 928000 USD · 2022-01-01 – 2022-03-31 Source
Capital expenditure: 3209000 USD · 2022-01-01 – 2022-09-30 Source
Capital expenditure: 2800000 USD · 2022-01-01 – 2022-06-30 Source
Capital expenditure: 4274000 USD · 2022-01-01 – 2022-12-31 Source
Capital expenditure: 3209000 USD · 2022-01-01 – 2022-09-30 Source
Capital expenditure: 23000 USD · 2023-01-01 – 2023-03-31 Source

Free cash flow

-39.3 million USD

2022-04-01 – 2023-03-31

Exact inputs and evidence

Operating cash flow: -10344000 USD · 2022-01-01 – 2022-06-30 Source
Operating cash flow: 766000 USD · 2022-01-01 – 2022-03-31 Source
Operating cash flow: -19774000 USD · 2022-01-01 – 2022-09-30 Source
Operating cash flow: -10344000 USD · 2022-01-01 – 2022-06-30 Source
Operating cash flow: -30882000 USD · 2022-01-01 – 2022-12-31 Source
Operating cash flow: -19774000 USD · 2022-01-01 – 2022-09-30 Source
Operating cash flow: -4250000 USD · 2023-01-01 – 2023-03-31 Source
Capital expenditure: 2800000 USD · 2022-01-01 – 2022-06-30 Source
Capital expenditure: 928000 USD · 2022-01-01 – 2022-03-31 Source
Capital expenditure: 3209000 USD · 2022-01-01 – 2022-09-30 Source
Capital expenditure: 2800000 USD · 2022-01-01 – 2022-06-30 Source
Capital expenditure: 4274000 USD · 2022-01-01 – 2022-12-31 Source
Capital expenditure: 3209000 USD · 2022-01-01 – 2022-09-30 Source
Capital expenditure: 23000 USD · 2023-01-01 – 2023-03-31 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2023-05-15.

Financial data available through: 2022-12-31.

Coverage by financial measure

Revenue: 7 of 11 periods available· newest 2022-12-31
Operating income: 9 of 11 periods available· newest 2022-12-31
Net income: 9 of 11 periods available· newest 2022-12-31
Operating cash flow: 9 of 11 periods available· newest 2022-12-31
Capital expenditure: 9 of 11 periods available· newest 2022-12-31
Total assets: 6 of 11 periods available· newest 2022-12-31
Total liabilities: 6 of 11 periods available· newest 2022-12-31
Current assets: 6 of 11 periods available· newest 2022-12-31
Current liabilities: 6 of 11 periods available· newest 2022-12-31
Cash and cash equivalents: 6 of 11 periods available· newest 2022-12-31
Long-term debt including current maturities: 1 of 11 periods available· newest 2019-12-31
Shares outstanding: 6 of 11 periods available· newest 2022-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+700.6%

Prior period

USD 2.96 million

2021-01-01 – 2021-12-31
Current period

USD 23.68 million

2022-01-01 – 2022-12-31

Exact inputs and evidence

23682000 − 2958000 = 20724000 USD

2958000 USD · 2021-01-01 – 2021-12-31
Inspect prior input Prior source
23682000 USD · 2022-01-01 – 2022-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · NOVAN, INC. · 2022-12-31 NOVAN, INC. (edgar:1467154) Year-over-year change in Revenue: 20724000 USD Concept: fundies:Revenue Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 23682000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#2317686 Filing: 000146715423000029 Input fundies:Revenue: 2958000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#2318595 Filing: 000146715423000029
The citation records this snapshot. The page link may show a newer release later.
Net income
−USD 1.62 million

Prior period

−USD 29.69 million

2021-01-01 – 2021-12-31
Current period

−USD 31.31 million

2022-01-01 – 2022-12-31

Exact inputs and evidence

-31311000 − -29692000 = -1619000 USD

-29692000 USD · 2021-01-01 – 2021-12-31
Inspect prior input Prior source
-31311000 USD · 2022-01-01 – 2022-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · NOVAN, INC. · 2022-12-31 NOVAN, INC. (edgar:1467154) Year-over-year change in Net income: -1619000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -31311000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#2325377 Filing: 000146715423000029 Input fundies:NetIncome: -29692000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#2326403 Filing: 000146715423000029
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
−USD 6.11 million

Prior period

−USD 24.78 million

2021-01-01 – 2021-12-31
Current period

−USD 30.88 million

2022-01-01 – 2022-12-31

Exact inputs and evidence

-30882000 − -24777000 = -6105000 USD

-24777000 USD · 2021-01-01 – 2021-12-31
Inspect prior input Prior source
-30882000 USD · 2022-01-01 – 2022-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · NOVAN, INC. · 2022-12-31 NOVAN, INC. (edgar:1467154) Year-over-year change in Operating cash flow: -6105000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -30882000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1273052 Filing: 000146715423000029 Input fundies:OperatingCashFlow: -24777000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1273771 Filing: 000146715423000029
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
-52.8%

Prior period

USD 9.05 million

2021-01-01 – 2021-12-31
Current period

USD 4.27 million

2022-01-01 – 2022-12-31

Exact inputs and evidence

4274000 − 9050000 = -4776000 USD

9050000 USD · 2021-01-01 – 2021-12-31
Inspect prior input Prior source
4274000 USD · 2022-01-01 – 2022-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · NOVAN, INC. · 2022-12-31 NOVAN, INC. (edgar:1467154) Year-over-year change in Capital expenditure: -4776000 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 4274000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1275218 Filing: 000146715423000029 Input fundies:CapitalExpenditure: 9050000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1275869 Filing: 000146715423000029
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2022 2022-01-01 – 2022-12-31

Revenue USD 23.68 million 100% of revenue
Cost of revenue USD 7.38 million 31% of revenue
Operating expenses USD 50.09 million 212% of revenue
Other operating costs Derived USD 440,000 1.9% of revenue
Operating income −USD 34.23 million −145% of revenue
Tax, interest and other Derived −USD 2.92 million −12% of revenue
Net income −USD 31.31 million −132% of revenue

Cash

Operating cash flow −USD 30.88 million −130% of revenue
Capital expenditure USD 4.27 million 18% of revenue
Free cash flow Derived −USD 35.16 million −148% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2014 Operating loss: operating costs were 10,661% of revenue.
2017 Operating loss: operating costs were 1,448% of revenue.
2018 Operating loss: operating costs were 577% of revenue.
2019 Operating loss: operating costs were 727% of revenue.
2020 Operating loss: operating costs were 714% of revenue.
2021 Operating loss: operating costs were 1,111% of revenue.
2022 Operating loss: operating costs were 245% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2014 2014-01-01 – 2014-12-31	112000	11940000 Derived	-11828000	-440000 Derived	-11388000	-9375000 Derived	Source 2014-01-01 – 2014-12-31: 112000 USD Inspect Revenue Open source 2014-01-01 – 2014-12-31: -11828000 USD Inspect Operating Income Open source 2014-01-01 – 2014-12-31: -11388000 USD Inspect Net Income Open source 2014-01-01 – 2014-12-31: -8603000 USD Inspect Operating Cash Flow Open source 2014-01-01 – 2014-12-31: 772000 USD Inspect Capital Expenditure Open source
2017 2017-01-01 – 2017-12-31	2646000	38325000 Derived	-35679000	942000 Derived	-36621000	-32025000 Derived	Source 2017-01-01 – 2017-12-31: 2646000 USD Inspect Revenue Open source 2017-01-01 – 2017-12-31: -35679000 USD Inspect Operating Income Open source 2017-01-01 – 2017-12-31: -36621000 USD Inspect Net Income Open source 2017-01-01 – 2017-12-31: -29857000 USD Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 2168000 USD Inspect Capital Expenditure Open source
2018 2018-01-01 – 2018-12-31	5991000	34552000 Derived	-28561000	678000 Derived	-29239000	-29732000 Derived	Source 2018-01-01 – 2018-12-31: 5991000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: -28561000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: -29239000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: -28625000 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 1107000 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	4896000	35584000 Derived	-30688000	-311000 Derived	-30377000	-20298000 Derived	Source 2019-01-01 – 2019-12-31: 4896000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: -30688000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: -30377000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: -19876000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 422000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	4920000	35134000 Derived	-30214000	-921000 Derived	-29293000	-31708000 Derived	Source 2020-01-01 – 2020-12-31: 4920000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -30214000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -29293000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: -31060000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 648000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	2958000	32873000 Derived	-29915000	-223000 Derived	-29692000	-33827000 Derived	Source 2021-01-01 – 2021-12-31: 2958000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: -29915000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: -29692000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: -24777000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 9050000 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	23682000	57912000 Derived	-34230000	-2919000 Derived	-31311000	-35156000 Derived	Source 2022-01-01 – 2022-12-31: 23682000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: -34230000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: -31311000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: -30882000 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 4274000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 23.7M 2022

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20142014-12-31	Revenue	112000	Revenue: 112000 Open source
20172017-12-31	Revenue	2646000	Revenue: 2646000 Open source
20182018-12-31	Revenue	5991000	Revenue: 5991000 Open source
20192019-12-31	Revenue	4896000	Revenue: 4896000 Open source
20202020-12-31	Revenue	4920000	Revenue: 4920000 Open source
20212021-12-31	Revenue	2958000	Revenue: 2958000 Open source
20222022-12-31	Revenue	23682000	Revenue: 23682000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

700.6% 2022

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20142014-12-31	Year over year	No prior comparable period	Revenue: 112000 Open source
20172017-12-31	Year over year	No prior comparable period	Revenue: 2646000 Open source
20182018-12-31	Year over year	126.4%	Revenue: 5991000 Open source Revenue: 2646000 Open source
20192019-12-31	Year over year	-18.3%	Revenue: 4896000 Open source Revenue: 5991000 Open source
20202020-12-31	Year over year	0.5%	Revenue: 4920000 Open source Revenue: 4896000 Open source
20212021-12-31	Year over year	-39.9%	Revenue: 2958000 Open source Revenue: 4920000 Open source
20222022-12-31	Year over year	700.6%	Revenue: 23682000 Open source Revenue: 2958000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -144.5% 2022

Net margin -132.2% 2022

Free cash flow margin -148.5% 2022

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20142014-12-31	Operating margin	-10,560.7%	Operating Income: -11828000 Open source Revenue: 112000 Open source
20172017-12-31	Operating margin	-1,348.4%	Operating Income: -35679000 Open source Revenue: 2646000 Open source
20182018-12-31	Operating margin	-476.7%	Operating Income: -28561000 Open source Revenue: 5991000 Open source
20192019-12-31	Operating margin	-626.8%	Operating Income: -30688000 Open source Revenue: 4896000 Open source
20202020-12-31	Operating margin	-614.1%	Operating Income: -30214000 Open source Revenue: 4920000 Open source
20212021-12-31	Operating margin	-1,011.3%	Operating Income: -29915000 Open source Revenue: 2958000 Open source
20222022-12-31	Operating margin	-144.5%	Operating Income: -34230000 Open source Revenue: 23682000 Open source
20142014-12-31	Net margin	-10,167.9%	Net Income: -11388000 Open source Revenue: 112000 Open source
20172017-12-31	Net margin	-1,384%	Net Income: -36621000 Open source Revenue: 2646000 Open source
20182018-12-31	Net margin	-488%	Net Income: -29239000 Open source Revenue: 5991000 Open source
20192019-12-31	Net margin	-620.4%	Net Income: -30377000 Open source Revenue: 4896000 Open source
20202020-12-31	Net margin	-595.4%	Net Income: -29293000 Open source Revenue: 4920000 Open source
20212021-12-31	Net margin	-1,003.8%	Net Income: -29692000 Open source Revenue: 2958000 Open source
20222022-12-31	Net margin	-132.2%	Net Income: -31311000 Open source Revenue: 23682000 Open source
20142014-12-31	Free cash flow margin	-8,370.5%	Revenue: 112000 Open source Operating Cash Flow: -8603000 Open source Capital Expenditure: 772000 Open source
20172017-12-31	Free cash flow margin	-1,210.3%	Revenue: 2646000 Open source Operating Cash Flow: -29857000 Open source Capital Expenditure: 2168000 Open source
20182018-12-31	Free cash flow margin	-496.3%	Revenue: 5991000 Open source Operating Cash Flow: -28625000 Open source Capital Expenditure: 1107000 Open source
20192019-12-31	Free cash flow margin	-414.6%	Revenue: 4896000 Open source Operating Cash Flow: -19876000 Open source Capital Expenditure: 422000 Open source
20202020-12-31	Free cash flow margin	-644.5%	Revenue: 4920000 Open source Operating Cash Flow: -31060000 Open source Capital Expenditure: 648000 Open source
20212021-12-31	Free cash flow margin	-1,143.6%	Revenue: 2958000 Open source Operating Cash Flow: -24777000 Open source Capital Expenditure: 9050000 Open source
20222022-12-31	Free cash flow margin	-148.5%	Revenue: 23682000 Open source Operating Cash Flow: -30882000 Open source Capital Expenditure: 4274000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD -30.9M 2022

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20142014-12-31	Operating cash flow	-8603000	Operating Cash Flow: -8603000 Open source
20172017-12-31	Operating cash flow	-29857000	Operating Cash Flow: -29857000 Open source
20182018-12-31	Operating cash flow	-28625000	Operating Cash Flow: -28625000 Open source
20192019-12-31	Operating cash flow	-19876000	Operating Cash Flow: -19876000 Open source
20202020-12-31	Operating cash flow	-31060000	Operating Cash Flow: -31060000 Open source
20212021-12-31	Operating cash flow	-24777000	Operating Cash Flow: -24777000 Open source
20222022-12-31	Operating cash flow	-30882000	Operating Cash Flow: -30882000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -35.2M 2022

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20142014-12-31	Free cash flow	-9375000	Operating Cash Flow: -8603000 Open source Capital Expenditure: 772000 Open source
20172017-12-31	Free cash flow	-32025000	Operating Cash Flow: -29857000 Open source Capital Expenditure: 2168000 Open source
20182018-12-31	Free cash flow	-29732000	Operating Cash Flow: -28625000 Open source Capital Expenditure: 1107000 Open source
20192019-12-31	Free cash flow	-20298000	Operating Cash Flow: -19876000 Open source Capital Expenditure: 422000 Open source
20202020-12-31	Free cash flow	-31708000	Operating Cash Flow: -31060000 Open source Capital Expenditure: 648000 Open source
20212021-12-31	Free cash flow	-33827000	Operating Cash Flow: -24777000 Open source Capital Expenditure: 9050000 Open source
20222022-12-31	Free cash flow	-35156000	Operating Cash Flow: -30882000 Open source Capital Expenditure: 4274000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

94.9% 2022

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2014-12-31	Liabilities / assets	Not reported	No source recorded
20172017-12-31	Liabilities / assets	108.1%	Total Liabilities: 22850000 Open source Total Assets: 21134000 Open source
20182018-12-31	Liabilities / assets	75.6%	Total Liabilities: 19924000 Open source Total Assets: 26362000 Open source
20192019-12-31	Liabilities / assets	176.6%	Total Liabilities: 51380000 Open source Total Assets: 29097000 Open source
20202020-12-31	Liabilities / assets	93.6%	Total Liabilities: 43852000 Open source Total Assets: 46829000 Open source
20212021-12-31	Liabilities / assets	73.4%	Total Liabilities: 50641000 Open source Total Assets: 68960000 Open source
20222022-12-31	Liabilities / assets	94.9%	Total Liabilities: 85725000 Open source Total Assets: 90330000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

0.91× 2022

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2014-12-31	Current assets / current liabilities	Not reported	No source recorded
20172017-12-31	Current assets / current liabilities	0.42×	Current Assets: 3704000 Open source Current Liabilities: 8885000 Open source
20182018-12-31	Current assets / current liabilities	1.03×	Current Assets: 9350000 Open source Current Liabilities: 9061000 Open source
20192019-12-31	Current assets / current liabilities	1.22×	Current Assets: 15724000 Open source Current Liabilities: 12899000 Open source
20202020-12-31	Current assets / current liabilities	5.06×	Current Assets: 44007000 Open source Current Liabilities: 8700000 Open source
20212021-12-31	Current assets / current liabilities	4.85×	Current Assets: 54130000 Open source Current Liabilities: 11150000 Open source
20222022-12-31	Current assets / current liabilities	0.91×	Current Assets: 42368000 Open source Current Liabilities: 46398000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2014 2014-01-01 – 2014-12-31	−USD 11.39 million Exact value Exact value: -11388000 USD 2014-01-01 – 2014-12-31: -11388000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NOVAN, INC. · 2014-12-31 NOVAN, INC. (edgar:1467154) Net Income: -11388000 USD Concept: fundies:NetIncome Period: 2014-01-01 to 2014-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ANetIncome&period=2014-12-31&surface=latest&period_type=duration&start=2014-01-01&unit=USD&dimensions= Input fundies:NetIncome: -11388000 USD (2014-01-01 to 2014-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459017004762/novn-20161231.xml#138618 Filing: 000156459017004762 The citation records this snapshot. The page link may show a newer release later.	−USD 8.6 million Exact value Exact value: -8603000 USD 2014-01-01 – 2014-12-31: -8603000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NOVAN, INC. · 2014-12-31 NOVAN, INC. (edgar:1467154) Operating Cash Flow: -8603000 USD Concept: fundies:OperatingCashFlow Period: 2014-01-01 to 2014-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3AOperatingCashFlow&period=2014-12-31&surface=latest&period_type=duration&start=2014-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -8603000 USD (2014-01-01 to 2014-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459017004762/novn-20161231.xml#175341 Filing: 000156459017004762 The citation records this snapshot. The page link may show a newer release later.	USD 772,000 Exact value Exact value: 772000 USD 2014-01-01 – 2014-12-31: 772000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NOVAN, INC. · 2014-12-31 NOVAN, INC. (edgar:1467154) Capital Expenditure: 772000 USD Concept: fundies:CapitalExpenditure Period: 2014-01-01 to 2014-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ACapitalExpenditure&period=2014-12-31&surface=latest&period_type=duration&start=2014-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 772000 USD (2014-01-01 to 2014-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459017004762/novn-20161231.xml#175972 Filing: 000156459017004762 The citation records this snapshot. The page link may show a newer release later.	−USD 9.38 million Calculation and evidence -8603000 − 772000 USD Exact free cash flow: -9375000 USD 2014-01-01 – 2014-12-31: -8603000 USD · Inspect Operating Cash Flow · Source 2014-01-01 – 2014-12-31: 772000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NOVAN, INC. · 2014-12-31 NOVAN, INC. (edgar:1467154) Free cash flow: -9375000 USD Concept: free-cash-flow Period: 2014-01-01 to 2014-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -8603000 USD (2014-01-01 to 2014-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459017004762/novn-20161231.xml#175341 Filing: 000156459017004762 Input fundies:CapitalExpenditure: 772000 USD (2014-01-01 to 2014-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459017004762/novn-20161231.xml#175972 Filing: 000156459017004762 The citation records this snapshot. The page link may show a newer release later.
2015 2015-01-01 – 2015-12-31	−USD 28.06 million Exact value Exact value: -28060000 USD 2015-01-01 – 2015-12-31: -28060000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NOVAN, INC. · 2015-12-31 NOVAN, INC. (edgar:1467154) Net Income: -28060000 USD Concept: fundies:NetIncome Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ANetIncome&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=USD&dimensions= Input fundies:NetIncome: -28060000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459018006881/novn-20171231.xml#107682 Filing: 000156459018006881 The citation records this snapshot. The page link may show a newer release later.	−USD 22.19 million Exact value Exact value: -22192000 USD 2015-01-01 – 2015-12-31: -22192000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NOVAN, INC. · 2015-12-31 NOVAN, INC. (edgar:1467154) Operating Cash Flow: -22192000 USD Concept: fundies:OperatingCashFlow Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3AOperatingCashFlow&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -22192000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459018006881/novn-20171231.xml#142873 Filing: 000156459018006881 The citation records this snapshot. The page link may show a newer release later.	USD 1.21 million Exact value Exact value: 1212000 USD 2015-01-01 – 2015-12-31: 1212000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NOVAN, INC. · 2015-12-31 NOVAN, INC. (edgar:1467154) Capital Expenditure: 1212000 USD Concept: fundies:CapitalExpenditure Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ACapitalExpenditure&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 1212000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459018006881/novn-20171231.xml#143505 Filing: 000156459018006881 The citation records this snapshot. The page link may show a newer release later.	−USD 23.4 million Calculation and evidence -22192000 − 1212000 USD Exact free cash flow: -23404000 USD 2015-01-01 – 2015-12-31: -22192000 USD · Inspect Operating Cash Flow · Source 2015-01-01 – 2015-12-31: 1212000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NOVAN, INC. · 2015-12-31 NOVAN, INC. (edgar:1467154) Free cash flow: -23404000 USD Concept: free-cash-flow Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -22192000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459018006881/novn-20171231.xml#142873 Filing: 000156459018006881 Input fundies:CapitalExpenditure: 1212000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459018006881/novn-20171231.xml#143505 Filing: 000156459018006881 The citation records this snapshot. The page link may show a newer release later.
2016 2016-01-01 – 2016-12-31	−USD 59.7 million Exact value Exact value: -59699000 USD 2016-01-01 – 2016-12-31: -59699000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NOVAN, INC. · 2016-12-31 NOVAN, INC. (edgar:1467154) Net Income: -59699000 USD Concept: fundies:NetIncome Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ANetIncome&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:NetIncome: -59699000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459018006881/novn-20171231.xml#107528 Filing: 000156459018006881 The citation records this snapshot. The page link may show a newer release later.	−USD 49.17 million Exact value Exact value: -49168000 USD 2016-01-01 – 2016-12-31: -49168000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NOVAN, INC. · 2016-12-31 NOVAN, INC. (edgar:1467154) Operating Cash Flow: -49168000 USD Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -49168000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459018006881/novn-20171231.xml#142661 Filing: 000156459018006881 The citation records this snapshot. The page link may show a newer release later.	USD 6.14 million Exact value Exact value: 6143000 USD 2016-01-01 – 2016-12-31: 6143000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NOVAN, INC. · 2016-12-31 NOVAN, INC. (edgar:1467154) Capital Expenditure: 6143000 USD Concept: fundies:CapitalExpenditure Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 6143000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459018006881/novn-20171231.xml#143295 Filing: 000156459018006881 The citation records this snapshot. The page link may show a newer release later.	−USD 55.31 million Calculation and evidence -49168000 − 6143000 USD Exact free cash flow: -55311000 USD 2016-01-01 – 2016-12-31: -49168000 USD · Inspect Operating Cash Flow · Source 2016-01-01 – 2016-12-31: 6143000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NOVAN, INC. · 2016-12-31 NOVAN, INC. (edgar:1467154) Free cash flow: -55311000 USD Concept: free-cash-flow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -49168000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459018006881/novn-20171231.xml#142661 Filing: 000156459018006881 Input fundies:CapitalExpenditure: 6143000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000156459018006881/novn-20171231.xml#143295 Filing: 000156459018006881 The citation records this snapshot. The page link may show a newer release later.
2017 2017-01-01 – 2017-12-31	−USD 36.62 million Exact value Exact value: -36621000 USD 2017-01-01 – 2017-12-31: -36621000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NOVAN, INC. · 2017-12-31 NOVAN, INC. (edgar:1467154) Net Income: -36621000 USD Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:NetIncome: -36621000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715419000018/novn-20181231.xml#216170 Filing: 000146715419000018 The citation records this snapshot. The page link may show a newer release later.	−USD 29.86 million Exact value Exact value: -29857000 USD 2017-01-01 – 2017-12-31: -29857000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NOVAN, INC. · 2017-12-31 NOVAN, INC. (edgar:1467154) Operating Cash Flow: -29857000 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -29857000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715419000018/novn-20181231.xml#215746 Filing: 000146715419000018 The citation records this snapshot. The page link may show a newer release later.	USD 2.17 million Exact value Exact value: 2168000 USD 2017-01-01 – 2017-12-31: 2168000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NOVAN, INC. · 2017-12-31 NOVAN, INC. (edgar:1467154) Capital Expenditure: 2168000 USD Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 2168000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715419000018/novn-20181231.xml#222225 Filing: 000146715419000018 The citation records this snapshot. The page link may show a newer release later.	−USD 32.03 million Calculation and evidence -29857000 − 2168000 USD Exact free cash flow: -32025000 USD 2017-01-01 – 2017-12-31: -29857000 USD · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 2168000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NOVAN, INC. · 2017-12-31 NOVAN, INC. (edgar:1467154) Free cash flow: -32025000 USD Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -29857000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715419000018/novn-20181231.xml#215746 Filing: 000146715419000018 Input fundies:CapitalExpenditure: 2168000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715419000018/novn-20181231.xml#222225 Filing: 000146715419000018 The citation records this snapshot. The page link may show a newer release later.
2018 2018-01-01 – 2018-12-31	−USD 29.24 million Exact value Exact value: -29239000 USD 2018-01-01 – 2018-12-31: -29239000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NOVAN, INC. · 2018-12-31 NOVAN, INC. (edgar:1467154) Net Income: -29239000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: -29239000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715420000069/novn-20191231.xml#338658 Filing: 000146715420000069 The citation records this snapshot. The page link may show a newer release later.	−USD 28.63 million Exact value Exact value: -28625000 USD 2018-01-01 – 2018-12-31: -28625000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NOVAN, INC. · 2018-12-31 NOVAN, INC. (edgar:1467154) Operating Cash Flow: -28625000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -28625000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715420000069/novn-20191231.xml#334488 Filing: 000146715420000069 The citation records this snapshot. The page link may show a newer release later.	USD 1.11 million Exact value Exact value: 1107000 USD 2018-01-01 – 2018-12-31: 1107000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NOVAN, INC. · 2018-12-31 NOVAN, INC. (edgar:1467154) Capital Expenditure: 1107000 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 1107000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715420000069/novn-20191231.xml#372019 Filing: 000146715420000069 The citation records this snapshot. The page link may show a newer release later.	−USD 29.73 million Calculation and evidence -28625000 − 1107000 USD Exact free cash flow: -29732000 USD 2018-01-01 – 2018-12-31: -28625000 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 1107000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NOVAN, INC. · 2018-12-31 NOVAN, INC. (edgar:1467154) Free cash flow: -29732000 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -28625000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715420000069/novn-20191231.xml#334488 Filing: 000146715420000069 Input fundies:CapitalExpenditure: 1107000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715420000069/novn-20191231.xml#372019 Filing: 000146715420000069 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	−USD 30.38 million Exact value Exact value: -30377000 USD 2019-01-01 – 2019-12-31: -30377000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NOVAN, INC. · 2019-12-31 NOVAN, INC. (edgar:1467154) Net Income: -30377000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: -30377000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715421000012/novn-20201231.htm#1211305 Filing: 000146715421000012 The citation records this snapshot. The page link may show a newer release later.	−USD 19.88 million Exact value Exact value: -19876000 USD 2019-01-01 – 2019-12-31: -19876000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NOVAN, INC. · 2019-12-31 NOVAN, INC. (edgar:1467154) Operating Cash Flow: -19876000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -19876000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715421000012/novn-20201231.htm#1251522 Filing: 000146715421000012 The citation records this snapshot. The page link may show a newer release later.	USD 422,000 Exact value Exact value: 422000 USD 2019-01-01 – 2019-12-31: 422000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NOVAN, INC. · 2019-12-31 NOVAN, INC. (edgar:1467154) Capital Expenditure: 422000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 422000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715421000012/novn-20201231.htm#1254249 Filing: 000146715421000012 The citation records this snapshot. The page link may show a newer release later.	−USD 20.3 million Calculation and evidence -19876000 − 422000 USD Exact free cash flow: -20298000 USD 2019-01-01 – 2019-12-31: -19876000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 422000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NOVAN, INC. · 2019-12-31 NOVAN, INC. (edgar:1467154) Free cash flow: -20298000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -19876000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715421000012/novn-20201231.htm#1251522 Filing: 000146715421000012 Input fundies:CapitalExpenditure: 422000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715421000012/novn-20201231.htm#1254249 Filing: 000146715421000012 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	−USD 29.29 million Exact value Exact value: -29293000 USD 2020-01-01 – 2020-12-31: -29293000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NOVAN, INC. · 2020-12-31 NOVAN, INC. (edgar:1467154) Net Income: -29293000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -29293000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715422000012/novn-20211231.htm#1225843 Filing: 000146715422000012 The citation records this snapshot. The page link may show a newer release later.	−USD 31.06 million Exact value Exact value: -31060000 USD 2020-01-01 – 2020-12-31: -31060000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NOVAN, INC. · 2020-12-31 NOVAN, INC. (edgar:1467154) Operating Cash Flow: -31060000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -31060000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715422000012/novn-20211231.htm#1268036 Filing: 000146715422000012 The citation records this snapshot. The page link may show a newer release later.	USD 648,000 Exact value Exact value: 648000 USD 2020-01-01 – 2020-12-31: 648000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NOVAN, INC. · 2020-12-31 NOVAN, INC. (edgar:1467154) Capital Expenditure: 648000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 648000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715422000012/novn-20211231.htm#1270804 Filing: 000146715422000012 The citation records this snapshot. The page link may show a newer release later.	−USD 31.71 million Calculation and evidence -31060000 − 648000 USD Exact free cash flow: -31708000 USD 2020-01-01 – 2020-12-31: -31060000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 648000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NOVAN, INC. · 2020-12-31 NOVAN, INC. (edgar:1467154) Free cash flow: -31708000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -31060000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715422000012/novn-20211231.htm#1268036 Filing: 000146715422000012 Input fundies:CapitalExpenditure: 648000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715422000012/novn-20211231.htm#1270804 Filing: 000146715422000012 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	−USD 29.69 million Exact value Exact value: -29692000 USD 2021-01-01 – 2021-12-31: -29692000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NOVAN, INC. · 2021-12-31 NOVAN, INC. (edgar:1467154) Net Income: -29692000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: -29692000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#2326403 Filing: 000146715423000029 The citation records this snapshot. The page link may show a newer release later.	−USD 24.78 million Exact value Exact value: -24777000 USD 2021-01-01 – 2021-12-31: -24777000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NOVAN, INC. · 2021-12-31 NOVAN, INC. (edgar:1467154) Operating Cash Flow: -24777000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -24777000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1273771 Filing: 000146715423000029 The citation records this snapshot. The page link may show a newer release later.	USD 9.05 million Exact value Exact value: 9050000 USD 2021-01-01 – 2021-12-31: 9050000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NOVAN, INC. · 2021-12-31 NOVAN, INC. (edgar:1467154) Capital Expenditure: 9050000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 9050000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1275869 Filing: 000146715423000029 The citation records this snapshot. The page link may show a newer release later.	−USD 33.83 million Calculation and evidence -24777000 − 9050000 USD Exact free cash flow: -33827000 USD 2021-01-01 – 2021-12-31: -24777000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 9050000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NOVAN, INC. · 2021-12-31 NOVAN, INC. (edgar:1467154) Free cash flow: -33827000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -24777000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1273771 Filing: 000146715423000029 Input fundies:CapitalExpenditure: 9050000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1275869 Filing: 000146715423000029 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	−USD 31.31 million Exact value Exact value: -31311000 USD 2022-01-01 – 2022-12-31: -31311000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NOVAN, INC. · 2022-12-31 NOVAN, INC. (edgar:1467154) Net Income: -31311000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: -31311000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#2325377 Filing: 000146715423000029 The citation records this snapshot. The page link may show a newer release later.	−USD 30.88 million Exact value Exact value: -30882000 USD 2022-01-01 – 2022-12-31: -30882000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NOVAN, INC. · 2022-12-31 NOVAN, INC. (edgar:1467154) Operating Cash Flow: -30882000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -30882000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1273052 Filing: 000146715423000029 The citation records this snapshot. The page link may show a newer release later.	USD 4.27 million Exact value Exact value: 4274000 USD 2022-01-01 – 2022-12-31: 4274000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NOVAN, INC. · 2022-12-31 NOVAN, INC. (edgar:1467154) Capital Expenditure: 4274000 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 4274000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1275218 Filing: 000146715423000029 The citation records this snapshot. The page link may show a newer release later.	−USD 35.16 million Calculation and evidence -30882000 − 4274000 USD Exact free cash flow: -35156000 USD 2022-01-01 – 2022-12-31: -30882000 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 4274000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NOVAN, INC. · 2022-12-31 NOVAN, INC. (edgar:1467154) Free cash flow: -35156000 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T05:33:31Z Snapshot: 35801a0e04c3fa94d6bb81ac78f45d4f0bb4e9eb4493931680698238f7fa5436 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1467154?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -30882000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1273052 Filing: 000146715423000029 Input fundies:CapitalExpenditure: 4274000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1467154/000146715423000029/novn-20221231.htm#1275218 Filing: 000146715423000029 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

34 filings · 2,077 latest values · 2,077 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001467154, 1467154, NOVN, edgar:1467154

Also known as NOVAN, INC., NVN Liquidation, Inc., Novan, Inc.

NOVAN, INC.

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Reported share-count change

Trailing twelve months

Revenue

Net income

Operating cash flow

Capital expenditure

Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2022 2022-01-01 – 2022-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation