English

Veritas Farms, Inc.

EDGAR

ARUU Quarterly report (10-Q) · filed 2023-11-15

34 filing records in this dataset, filed from 2016-03-15 to 2023-11-15. 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

236 thousand USD

2023-09-30 · USD

Exact inputs and evidence

Revenue: 235941 USD Source

Operating margin

-355.91%

2023-09-30 · %

Exact inputs and evidence

Operating Income: -839737 USD Source
Revenue: 235941 USD Source

Operating cash flow

-599 thousand USD

2023-09-30 · USD

Exact inputs and evidence

Operating Cash Flow: -1044579 USD Source
Operating Cash Flow: -445580 USD Source

Cash and cash equivalents: 242 thousand USD 2021-09-30 Source
Exact value

242296 USD
Long-term debt including current maturities: 5.95 million USD 2023-09-30 Source
Exact value

5947213 USD
Shares outstanding: 41.6 million shares 2023-06-30 Source
Exact value

41623366 shares

Reported share-count change

-0.00% · -1.97 thousand 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

41625331 shares · 2022-06-30· Source
41623366 shares · 2023-06-30· Source

Trailing twelve months

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

Net income

-5.75 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence

Net income: -5143908 USD · 2022-01-01 – 2022-12-31 Source
Net income: -2868311 USD · 2022-01-01 – 2022-09-30 Source
Net income: -921231 USD · 2023-01-01 – 2023-03-31 Source
Net income: -1420532 USD · 2023-04-01 – 2023-06-30 Source
Net income: -1134821 USD · 2023-07-01 – 2023-09-30 Source

Operating cash flow

-1.64 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence

Operating cash flow: -3891956 USD · 2022-01-01 – 2022-12-31 Source
Operating cash flow: -3297146 USD · 2022-01-01 – 2022-09-30 Source
Operating cash flow: 60679 USD · 2023-01-01 – 2023-03-31 Source
Operating cash flow: -445580 USD · 2023-01-01 – 2023-06-30 Source
Operating cash flow: 60679 USD · 2023-01-01 – 2023-03-31 Source
Operating cash flow: -1044579 USD · 2023-01-01 – 2023-09-30 Source
Operating cash flow: -445580 USD · 2023-01-01 – 2023-06-30 Source

Capital expenditure

10.3 thousand USD

2022-01-01 – 2022-12-31

Exact inputs and evidence

Capital expenditure: 5069 USD · 2022-01-01 – 2022-03-31 Source
Capital expenditure: 5069 USD · 2022-01-01 – 2022-06-30 Source
Capital expenditure: 5069 USD · 2022-01-01 – 2022-03-31 Source
Capital expenditure: 5069 USD · 2022-01-01 – 2022-09-30 Source
Capital expenditure: 5069 USD · 2022-01-01 – 2022-06-30 Source
Capital expenditure: 10334 USD · 2022-01-01 – 2022-12-31 Source
Capital expenditure: 5069 USD · 2022-01-01 – 2022-09-30 Source

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

Latest filing recorded: 2023-11-15.

Financial data available through: 2022-12-31.

Coverage by financial measure

Revenue: 7 of 11 periods available· newest 2022-12-31
Operating income: 7 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: 7 of 11 periods available· newest 2022-12-31
Total assets: 7 of 11 periods available· newest 2022-12-31
Total liabilities: 7 of 11 periods available· newest 2022-12-31
Current assets: 7 of 11 periods available· newest 2022-12-31
Current liabilities: 7 of 11 periods available· newest 2022-12-31
Cash and cash equivalents: 5 of 11 periods available· newest 2020-12-31
Long-term debt including current maturities: 7 of 11 periods available· newest 2022-12-31
Shares outstanding: 7 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
-63.4%

Prior period

USD 2.91 million

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

USD 1.06 million

2022-01-01 – 2022-12-31

Exact inputs and evidence

1063105 − 2906425 = -1843320 USD

2906425 USD · 2021-01-01 – 2021-12-31
Inspect prior input Prior source
1063105 USD · 2022-01-01 – 2022-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · Veritas Farms, Inc. · 2022-12-31 Veritas Farms, Inc. (edgar:1669400) Year-over-year change in Revenue: -1843320 USD Concept: fundies:Revenue Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 1063105 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#531660 Filing: 000121390023030190 Input fundies:Revenue: 2906425 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#532053 Filing: 000121390023030190
The citation records this snapshot. The page link may show a newer release later.
Net income
+USD 1.92 million

Prior period

−USD 7.07 million

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

−USD 5.14 million

2022-01-01 – 2022-12-31

Exact inputs and evidence

-5143908 − -7067737 = 1923829 USD

-7067737 USD · 2021-01-01 – 2021-12-31
Inspect prior input Prior source
-5143908 USD · 2022-01-01 – 2022-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · Veritas Farms, Inc. · 2022-12-31 Veritas Farms, Inc. (edgar:1669400) Year-over-year change in Net income: 1923829 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -5143908 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#458158 Filing: 000121390023030190 Input fundies:NetIncome: -7067737 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#458497 Filing: 000121390023030190
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+USD 863,836

Prior period

−USD 4.76 million

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

−USD 3.89 million

2022-01-01 – 2022-12-31

Exact inputs and evidence

-3891956 − -4755792 = 863836 USD

-4755792 USD · 2021-01-01 – 2021-12-31
Inspect prior input Prior source
-3891956 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 · Veritas Farms, Inc. · 2022-12-31 Veritas Farms, Inc. (edgar:1669400) Year-over-year change in Operating cash flow: 863836 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -3891956 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#472396 Filing: 000121390023030190 Input fundies:OperatingCashFlow: -4755792 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#472839 Filing: 000121390023030190
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
-87.1%

Prior period

USD 80,289

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

USD 10,334

2022-01-01 – 2022-12-31

Exact inputs and evidence

10334 − 80289 = -69955 USD

80289 USD · 2021-01-01 – 2021-12-31
Inspect prior input Prior source
10334 USD · 2022-01-01 – 2022-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · Veritas Farms, Inc. · 2022-12-31 Veritas Farms, Inc. (edgar:1669400) Year-over-year change in Capital expenditure: -69955 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 10334 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#474161 Filing: 000121390023030190 Input fundies:CapitalExpenditure: 80289 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#474471 Filing: 000121390023030190
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.

2023 2022-01-01 – 2022-12-31

Revenue USD 1.06 million 100% of revenue
Cost of revenue USD 1.64 million 155% of revenue
Operating expenses USD 4.08 million 384% of revenue
Other operating costs Derived USD 802,493 75% of revenue
Operating income −USD 5.46 million −514% of revenue
Tax, interest and other Derived −USD 320,579 −30% of revenue
Net income −USD 5.14 million −484% of revenue

Cash

Operating cash flow −USD 3.89 million −366% of revenue
Capital expenditure USD 10,334 1% of revenue
Free cash flow Derived −USD 3.9 million −367% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2017 Operating loss: operating costs were 1,975% of revenue.
2018 Operating loss: operating costs were 220% of revenue.
2019 Operating loss: operating costs were 312% of revenue.
2020 Operating loss: operating costs were 253% of revenue.
2021 Operating loss: operating costs were 220% of revenue.
2022 Operating loss: operating costs were 352% of revenue.
2023 Operating loss: operating costs were 614% 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
2017 2016-01-01 – 2016-12-31	76232	1505640 Derived	-1429408	28717 Derived	-1458125	-4218191 Derived	Source 2016-01-01 – 2016-12-31: 76232 USD Inspect Revenue Open source 2016-01-01 – 2016-12-31: -1429408 USD Inspect Operating Income Open source 2016-01-01 – 2016-12-31: -1458125 USD Inspect Net Income Open source 2016-01-01 – 2016-12-31: -1876325 USD Inspect Operating Cash Flow Open source 2016-01-01 – 2016-12-31: 2341866 USD Inspect Capital Expenditure Open source
2018 2017-01-01 – 2017-12-31	1114674	2447568 Derived	-1332894	1121114 Derived	-2454008	-2319889 Derived	Source 2017-01-01 – 2017-12-31: 1114674 USD Inspect Revenue Open source 2017-01-01 – 2017-12-31: -1332894 USD Inspect Operating Income Open source 2017-01-01 – 2017-12-31: -2454008 USD Inspect Net Income Open source 2017-01-01 – 2017-12-31: -1872823 USD Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 447066 USD Inspect Capital Expenditure Open source
2019 2018-01-01 – 2018-12-31	2079981	6486411 Derived	-4406430	-570447 Derived	-3835983	-4763203 Derived	Source 2018-01-01 – 2018-12-31: 2079981 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: -4406430 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: -3835983 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: -4165734 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 597469 USD Inspect Capital Expenditure Open source
2020 2019-01-01 – 2019-12-31	7291908	18421349 Derived	-11129441	18167 Derived	-11147608	-13655592 Derived	Source 2019-01-01 – 2019-12-31: 7291908 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: -11129441 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: -11147608 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: -12267159 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 1388433 USD Inspect Capital Expenditure Open source
2021 2020-01-01 – 2020-12-31	6225848	13688818 Derived	-7462970	129569 Derived	-7592539	-3057113 Derived	Source 2020-01-01 – 2020-12-31: 6225848 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -7462970 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -7592539 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: -2969075 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 88038 USD Inspect Capital Expenditure Open source
2022 2021-01-01 – 2021-12-31	2906425	10233499 Derived	-7327074	-259337 Derived	-7067737	-4836081 Derived	Source 2021-01-01 – 2021-12-31: 2906425 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: -7327074 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: -7067737 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: -4755792 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 80289 USD Inspect Capital Expenditure Open source
2023 2022-01-01 – 2022-12-31	1063105	6527592 Derived	-5464487	-320579 Derived	-5143908	-3902290 Derived	Source 2022-01-01 – 2022-12-31: 1063105 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: -5464487 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: -5143908 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: -3891956 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 10334 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 1.1M 2023

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20172016-12-31	Revenue	76232	Revenue: 76232 Open source
20182017-12-31	Revenue	1114674	Revenue: 1114674 Open source
20192018-12-31	Revenue	2079981	Revenue: 2079981 Open source
20202019-12-31	Revenue	7291908	Revenue: 7291908 Open source
20212020-12-31	Revenue	6225848	Revenue: 6225848 Open source
20222021-12-31	Revenue	2906425	Revenue: 2906425 Open source
20232022-12-31	Revenue	1063105	Revenue: 1063105 Open source

Revenue growth

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

-63.4% 2023

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20172016-12-31	Year over year	No prior comparable period	Revenue: 76232 Open source
20182017-12-31	Year over year	1,362.2%	Revenue: 1114674 Open source Revenue: 76232 Open source
20192018-12-31	Year over year	86.6%	Revenue: 2079981 Open source Revenue: 1114674 Open source
20202019-12-31	Year over year	250.6%	Revenue: 7291908 Open source Revenue: 2079981 Open source
20212020-12-31	Year over year	-14.6%	Revenue: 6225848 Open source Revenue: 7291908 Open source
20222021-12-31	Year over year	-53.3%	Revenue: 2906425 Open source Revenue: 6225848 Open source
20232022-12-31	Year over year	-63.4%	Revenue: 1063105 Open source Revenue: 2906425 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 -514% 2023

Net margin -483.9% 2023

Free cash flow margin -367.1% 2023

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20172016-12-31	Operating margin	-1,875.1%	Operating Income: -1429408 Open source Revenue: 76232 Open source
20182017-12-31	Operating margin	-119.6%	Operating Income: -1332894 Open source Revenue: 1114674 Open source
20192018-12-31	Operating margin	-211.8%	Operating Income: -4406430 Open source Revenue: 2079981 Open source
20202019-12-31	Operating margin	-152.6%	Operating Income: -11129441 Open source Revenue: 7291908 Open source
20212020-12-31	Operating margin	-119.9%	Operating Income: -7462970 Open source Revenue: 6225848 Open source
20222021-12-31	Operating margin	-252.1%	Operating Income: -7327074 Open source Revenue: 2906425 Open source
20232022-12-31	Operating margin	-514%	Operating Income: -5464487 Open source Revenue: 1063105 Open source
20172016-12-31	Net margin	-1,912.7%	Net Income: -1458125 Open source Revenue: 76232 Open source
20182017-12-31	Net margin	-220.2%	Net Income: -2454008 Open source Revenue: 1114674 Open source
20192018-12-31	Net margin	-184.4%	Net Income: -3835983 Open source Revenue: 2079981 Open source
20202019-12-31	Net margin	-152.9%	Net Income: -11147608 Open source Revenue: 7291908 Open source
20212020-12-31	Net margin	-122%	Net Income: -7592539 Open source Revenue: 6225848 Open source
20222021-12-31	Net margin	-243.2%	Net Income: -7067737 Open source Revenue: 2906425 Open source
20232022-12-31	Net margin	-483.9%	Net Income: -5143908 Open source Revenue: 1063105 Open source
20172016-12-31	Free cash flow margin	-5,533.4%	Revenue: 76232 Open source Operating Cash Flow: -1876325 Open source Capital Expenditure: 2341866 Open source
20182017-12-31	Free cash flow margin	-208.1%	Revenue: 1114674 Open source Operating Cash Flow: -1872823 Open source Capital Expenditure: 447066 Open source
20192018-12-31	Free cash flow margin	-229%	Revenue: 2079981 Open source Operating Cash Flow: -4165734 Open source Capital Expenditure: 597469 Open source
20202019-12-31	Free cash flow margin	-187.3%	Revenue: 7291908 Open source Operating Cash Flow: -12267159 Open source Capital Expenditure: 1388433 Open source
20212020-12-31	Free cash flow margin	-49.1%	Revenue: 6225848 Open source Operating Cash Flow: -2969075 Open source Capital Expenditure: 88038 Open source
20222021-12-31	Free cash flow margin	-166.4%	Revenue: 2906425 Open source Operating Cash Flow: -4755792 Open source Capital Expenditure: 80289 Open source
20232022-12-31	Free cash flow margin	-367.1%	Revenue: 1063105 Open source Operating Cash Flow: -3891956 Open source Capital Expenditure: 10334 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD -3.9M 2023

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20172016-12-31	Operating cash flow	-1876325	Operating Cash Flow: -1876325 Open source
20182017-12-31	Operating cash flow	-1872823	Operating Cash Flow: -1872823 Open source
20192018-12-31	Operating cash flow	-4165734	Operating Cash Flow: -4165734 Open source
20202019-12-31	Operating cash flow	-12267159	Operating Cash Flow: -12267159 Open source
20212020-12-31	Operating cash flow	-2969075	Operating Cash Flow: -2969075 Open source
20222021-12-31	Operating cash flow	-4755792	Operating Cash Flow: -4755792 Open source
20232022-12-31	Operating cash flow	-3891956	Operating Cash Flow: -3891956 Open source

Free cash flow

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

USD -3.9M 2023

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20172016-12-31	Free cash flow	-4218191	Operating Cash Flow: -1876325 Open source Capital Expenditure: 2341866 Open source
20182017-12-31	Free cash flow	-2319889	Operating Cash Flow: -1872823 Open source Capital Expenditure: 447066 Open source
20192018-12-31	Free cash flow	-4763203	Operating Cash Flow: -4165734 Open source Capital Expenditure: 597469 Open source
20202019-12-31	Free cash flow	-13655592	Operating Cash Flow: -12267159 Open source Capital Expenditure: 1388433 Open source
20212020-12-31	Free cash flow	-3057113	Operating Cash Flow: -2969075 Open source Capital Expenditure: 88038 Open source
20222021-12-31	Free cash flow	-4836081	Operating Cash Flow: -4755792 Open source Capital Expenditure: 80289 Open source
20232022-12-31	Free cash flow	-3902290	Operating Cash Flow: -3891956 Open source Capital Expenditure: 10334 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.

108.9% 2023

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20172016-12-31	Liabilities / assets	15.7%	Total Liabilities: 772414 Open source Total Assets: 4924643 Open source
20182017-12-31	Liabilities / assets	40.3%	Total Liabilities: 2102453 Open source Total Assets: 5210740 Open source
20192018-12-31	Liabilities / assets	13.3%	Total Liabilities: 934737 Open source Total Assets: 7014086 Open source
20202019-12-31	Liabilities / assets	14.2%	Total Liabilities: 2023346 Open source Total Assets: 14218557 Open source
20212020-12-31	Liabilities / assets	38.4%	Total Liabilities: 4760654 Open source Total Assets: 12408021 Open source
20222021-12-31	Liabilities / assets	43.9%	Total Liabilities: 3772555 Open source Total Assets: 8597840 Open source
20232022-12-31	Liabilities / assets	108.9%	Total Liabilities: 7400748 Open source Total Assets: 6794471 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

1.12× 2023

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20172016-12-31	Current assets / current liabilities	1.43×	Current Assets: 642214 Open source Current Liabilities: 449008 Open source
20182017-12-31	Current assets / current liabilities	0.79×	Current Assets: 1578556 Open source Current Liabilities: 2002487 Open source
20192018-12-31	Current assets / current liabilities	4.11×	Current Assets: 3033593 Open source Current Liabilities: 738476 Open source
20202019-12-31	Current assets / current liabilities	4.94×	Current Assets: 8822953 Open source Current Liabilities: 1785722 Open source
20212020-12-31	Current assets / current liabilities	1.77×	Current Assets: 6656612 Open source Current Liabilities: 3751963 Open source
20222021-12-31	Current assets / current liabilities	1.83×	Current Assets: 4041691 Open source Current Liabilities: 2209096 Open source
20232022-12-31	Current assets / current liabilities	1.12×	Current Assets: 3532290 Open source Current Liabilities: 3167451 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
2016 2015-02-01 – 2016-01-31	−USD 6,464 Exact value Exact value: -6464 USD 2015-02-01 – 2016-01-31: -6464 USD Inspect Net Income Open source Share or cite Citation for Net Income · Veritas Farms, Inc. · 2016-01-31 Veritas Farms, Inc. (edgar:1669400) Net Income: -6464 USD Concept: fundies:NetIncome Period: 2015-02-01 to 2016-01-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ANetIncome&period=2016-01-31&surface=latest&period_type=duration&start=2015-02-01&unit=USD&dimensions= Input fundies:NetIncome: -6464 USD (2015-02-01 to 2016-01-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000164033417000790/armeau-20170131.xml#27905 Filing: 000164033417000790 The citation records this snapshot. The page link may show a newer release later.	−USD 94 Exact value Exact value: -94 USD 2015-02-01 – 2016-01-31: -94 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Veritas Farms, Inc. · 2016-01-31 Veritas Farms, Inc. (edgar:1669400) Operating Cash Flow: -94 USD Concept: fundies:OperatingCashFlow Period: 2015-02-01 to 2016-01-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3AOperatingCashFlow&period=2016-01-31&surface=latest&period_type=duration&start=2015-02-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -94 USD (2015-02-01 to 2016-01-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000164033417000790/armeau-20170131.xml#26932 Filing: 000164033417000790 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2017 2016-01-01 – 2016-12-31	−USD 1.46 million Exact value Exact value: -1458125 USD 2016-01-01 – 2016-12-31: -1458125 USD Inspect Net Income Open source Share or cite Citation for Net Income · Veritas Farms, Inc. · 2016-12-31 Veritas Farms, Inc. (edgar:1669400) Net Income: -1458125 USD Concept: fundies:NetIncome Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ANetIncome&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:NetIncome: -1458125 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000161577418002828/sswh-20171231.xml#66853 Filing: 000161577418002828 The citation records this snapshot. The page link may show a newer release later.	−USD 1.88 million Exact value Exact value: -1876325 USD 2016-01-01 – 2016-12-31: -1876325 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Veritas Farms, Inc. · 2016-12-31 Veritas Farms, Inc. (edgar:1669400) Operating Cash Flow: -1876325 USD Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -1876325 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000161577418002828/sswh-20171231.xml#82323 Filing: 000161577418002828 The citation records this snapshot. The page link may show a newer release later.	USD 2.34 million Exact value Exact value: 2341866 USD 2016-01-01 – 2016-12-31: 2341866 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Veritas Farms, Inc. · 2016-12-31 Veritas Farms, Inc. (edgar:1669400) Capital Expenditure: 2341866 USD Concept: fundies:CapitalExpenditure Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 2341866 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000161577418002828/sswh-20171231.xml#85282 Filing: 000161577418002828 The citation records this snapshot. The page link may show a newer release later.	−USD 4.22 million Calculation and evidence -1876325 − 2341866 USD Exact free cash flow: -4218191 USD 2016-01-01 – 2016-12-31: -1876325 USD · Inspect Operating Cash Flow · Source 2016-01-01 – 2016-12-31: 2341866 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Veritas Farms, Inc. · 2016-12-31 Veritas Farms, Inc. (edgar:1669400) Free cash flow: -4218191 USD Concept: free-cash-flow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -1876325 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000161577418002828/sswh-20171231.xml#82323 Filing: 000161577418002828 Input fundies:CapitalExpenditure: 2341866 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000161577418002828/sswh-20171231.xml#85282 Filing: 000161577418002828 The citation records this snapshot. The page link may show a newer release later.
2017 2016-02-01 – 2017-01-31	−USD 43,714 Exact value Exact value: -43714 USD 2016-02-01 – 2017-01-31: -43714 USD Inspect Net Income Open source Share or cite Citation for Net Income · Veritas Farms, Inc. · 2017-01-31 Veritas Farms, Inc. (edgar:1669400) Net Income: -43714 USD Concept: fundies:NetIncome Period: 2016-02-01 to 2017-01-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ANetIncome&period=2017-01-31&surface=latest&period_type=duration&start=2016-02-01&unit=USD&dimensions= Input fundies:NetIncome: -43714 USD (2016-02-01 to 2017-01-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000164033417000790/armeau-20170131.xml#27780 Filing: 000164033417000790 The citation records this snapshot. The page link may show a newer release later.	−USD 41,381 Exact value Exact value: -41381 USD 2016-02-01 – 2017-01-31: -41381 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Veritas Farms, Inc. · 2017-01-31 Veritas Farms, Inc. (edgar:1669400) Operating Cash Flow: -41381 USD Concept: fundies:OperatingCashFlow Period: 2016-02-01 to 2017-01-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3AOperatingCashFlow&period=2017-01-31&surface=latest&period_type=duration&start=2016-02-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -41381 USD (2016-02-01 to 2017-01-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000164033417000790/armeau-20170131.xml#26749 Filing: 000164033417000790 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2018 2017-01-01 – 2017-12-31	−USD 2.45 million Exact value Exact value: -2454008 USD 2017-01-01 – 2017-12-31: -2454008 USD Inspect Net Income Open source Share or cite Citation for Net Income · Veritas Farms, Inc. · 2017-12-31 Veritas Farms, Inc. (edgar:1669400) Net Income: -2454008 USD Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:NetIncome: -2454008 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000161577419005896/vfrm-20181231.xml#59015 Filing: 000161577419005896 The citation records this snapshot. The page link may show a newer release later.	−USD 1.87 million Exact value Exact value: -1872823 USD 2017-01-01 – 2017-12-31: -1872823 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Veritas Farms, Inc. · 2017-12-31 Veritas Farms, Inc. (edgar:1669400) Operating Cash Flow: -1872823 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -1872823 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000161577419005896/vfrm-20181231.xml#60972 Filing: 000161577419005896 The citation records this snapshot. The page link may show a newer release later.	USD 447,066 Exact value Exact value: 447066 USD 2017-01-01 – 2017-12-31: 447066 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Veritas Farms, Inc. · 2017-12-31 Veritas Farms, Inc. (edgar:1669400) Capital Expenditure: 447066 USD Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 447066 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000161577419005896/vfrm-20181231.xml#64227 Filing: 000161577419005896 The citation records this snapshot. The page link may show a newer release later.	−USD 2.32 million Calculation and evidence -1872823 − 447066 USD Exact free cash flow: -2319889 USD 2017-01-01 – 2017-12-31: -1872823 USD · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 447066 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Veritas Farms, Inc. · 2017-12-31 Veritas Farms, Inc. (edgar:1669400) Free cash flow: -2319889 USD Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -1872823 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000161577419005896/vfrm-20181231.xml#60972 Filing: 000161577419005896 Input fundies:CapitalExpenditure: 447066 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000161577419005896/vfrm-20181231.xml#64227 Filing: 000161577419005896 The citation records this snapshot. The page link may show a newer release later.
2019 2018-01-01 – 2018-12-31	−USD 3.84 million Exact value Exact value: -3835983 USD 2018-01-01 – 2018-12-31: -3835983 USD Inspect Net Income Open source Share or cite Citation for Net Income · Veritas Farms, Inc. · 2018-12-31 Veritas Farms, Inc. (edgar:1669400) Net Income: -3835983 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: -3835983 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390020012373/vfrm-20191231.xml#51090 Filing: 000121390020012373 The citation records this snapshot. The page link may show a newer release later.	−USD 4.17 million Exact value Exact value: -4165734 USD 2018-01-01 – 2018-12-31: -4165734 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Veritas Farms, Inc. · 2018-12-31 Veritas Farms, Inc. (edgar:1669400) Operating Cash Flow: -4165734 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -4165734 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390020012373/vfrm-20191231.xml#262923 Filing: 000121390020012373 The citation records this snapshot. The page link may show a newer release later.	USD 597,469 Exact value Exact value: 597469 USD 2018-01-01 – 2018-12-31: 597469 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Veritas Farms, Inc. · 2018-12-31 Veritas Farms, Inc. (edgar:1669400) Capital Expenditure: 597469 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 597469 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390020012373/vfrm-20191231.xml#262528 Filing: 000121390020012373 The citation records this snapshot. The page link may show a newer release later.	−USD 4.76 million Calculation and evidence -4165734 − 597469 USD Exact free cash flow: -4763203 USD 2018-01-01 – 2018-12-31: -4165734 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 597469 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Veritas Farms, Inc. · 2018-12-31 Veritas Farms, Inc. (edgar:1669400) Free cash flow: -4763203 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -4165734 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390020012373/vfrm-20191231.xml#262923 Filing: 000121390020012373 Input fundies:CapitalExpenditure: 597469 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390020012373/vfrm-20191231.xml#262528 Filing: 000121390020012373 The citation records this snapshot. The page link may show a newer release later.
2020 2019-01-01 – 2019-12-31	−USD 11.15 million Exact value Exact value: -11147608 USD 2019-01-01 – 2019-12-31: -11147608 USD Inspect Net Income Open source Share or cite Citation for Net Income · Veritas Farms, Inc. · 2019-12-31 Veritas Farms, Inc. (edgar:1669400) Net Income: -11147608 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: -11147608 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390021022151/vfrm-20201231.xml#83862 Filing: 000121390021022151 The citation records this snapshot. The page link may show a newer release later.	−USD 12.27 million Exact value Exact value: -12267159 USD 2019-01-01 – 2019-12-31: -12267159 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Veritas Farms, Inc. · 2019-12-31 Veritas Farms, Inc. (edgar:1669400) Operating Cash Flow: -12267159 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -12267159 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390021022151/vfrm-20201231.xml#116329 Filing: 000121390021022151 The citation records this snapshot. The page link may show a newer release later.	USD 1.39 million Exact value Exact value: 1388433 USD 2019-01-01 – 2019-12-31: 1388433 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Veritas Farms, Inc. · 2019-12-31 Veritas Farms, Inc. (edgar:1669400) Capital Expenditure: 1388433 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 1388433 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390021022151/vfrm-20201231.xml#115963 Filing: 000121390021022151 The citation records this snapshot. The page link may show a newer release later.	−USD 13.66 million Calculation and evidence -12267159 − 1388433 USD Exact free cash flow: -13655592 USD 2019-01-01 – 2019-12-31: -12267159 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 1388433 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Veritas Farms, Inc. · 2019-12-31 Veritas Farms, Inc. (edgar:1669400) Free cash flow: -13655592 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -12267159 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390021022151/vfrm-20201231.xml#116329 Filing: 000121390021022151 Input fundies:CapitalExpenditure: 1388433 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390021022151/vfrm-20201231.xml#115963 Filing: 000121390021022151 The citation records this snapshot. The page link may show a newer release later.
2021 2020-01-01 – 2020-12-31	−USD 7.59 million Exact value Exact value: -7592539 USD 2020-01-01 – 2020-12-31: -7592539 USD Inspect Net Income Open source Share or cite Citation for Net Income · Veritas Farms, Inc. · 2020-12-31 Veritas Farms, Inc. (edgar:1669400) Net Income: -7592539 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -7592539 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390022019460/f10k2021_veritasfarms.htm#468882 Filing: 000121390022019460 The citation records this snapshot. The page link may show a newer release later.	−USD 2.97 million Exact value Exact value: -2969075 USD 2020-01-01 – 2020-12-31: -2969075 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Veritas Farms, Inc. · 2020-12-31 Veritas Farms, Inc. (edgar:1669400) Operating Cash Flow: -2969075 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -2969075 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390022019460/f10k2021_veritasfarms.htm#558962 Filing: 000121390022019460 The citation records this snapshot. The page link may show a newer release later.	USD 88,038 Exact value Exact value: 88038 USD 2020-01-01 – 2020-12-31: 88038 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Veritas Farms, Inc. · 2020-12-31 Veritas Farms, Inc. (edgar:1669400) Capital Expenditure: 88038 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 88038 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390022019460/f10k2021_veritasfarms.htm#560813 Filing: 000121390022019460 The citation records this snapshot. The page link may show a newer release later.	−USD 3.06 million Calculation and evidence -2969075 − 88038 USD Exact free cash flow: -3057113 USD 2020-01-01 – 2020-12-31: -2969075 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 88038 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Veritas Farms, Inc. · 2020-12-31 Veritas Farms, Inc. (edgar:1669400) Free cash flow: -3057113 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -2969075 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390022019460/f10k2021_veritasfarms.htm#558962 Filing: 000121390022019460 Input fundies:CapitalExpenditure: 88038 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390022019460/f10k2021_veritasfarms.htm#560813 Filing: 000121390022019460 The citation records this snapshot. The page link may show a newer release later.
2022 2021-01-01 – 2021-12-31	−USD 7.07 million Exact value Exact value: -7067737 USD 2021-01-01 – 2021-12-31: -7067737 USD Inspect Net Income Open source Share or cite Citation for Net Income · Veritas Farms, Inc. · 2021-12-31 Veritas Farms, Inc. (edgar:1669400) Net Income: -7067737 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: -7067737 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#458497 Filing: 000121390023030190 The citation records this snapshot. The page link may show a newer release later.	−USD 4.76 million Exact value Exact value: -4755792 USD 2021-01-01 – 2021-12-31: -4755792 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Veritas Farms, Inc. · 2021-12-31 Veritas Farms, Inc. (edgar:1669400) Operating Cash Flow: -4755792 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -4755792 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#472839 Filing: 000121390023030190 The citation records this snapshot. The page link may show a newer release later.	USD 80,289 Exact value Exact value: 80289 USD 2021-01-01 – 2021-12-31: 80289 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Veritas Farms, Inc. · 2021-12-31 Veritas Farms, Inc. (edgar:1669400) Capital Expenditure: 80289 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 80289 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#474471 Filing: 000121390023030190 The citation records this snapshot. The page link may show a newer release later.	−USD 4.84 million Calculation and evidence -4755792 − 80289 USD Exact free cash flow: -4836081 USD 2021-01-01 – 2021-12-31: -4755792 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 80289 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Veritas Farms, Inc. · 2021-12-31 Veritas Farms, Inc. (edgar:1669400) Free cash flow: -4836081 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -4755792 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#472839 Filing: 000121390023030190 Input fundies:CapitalExpenditure: 80289 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#474471 Filing: 000121390023030190 The citation records this snapshot. The page link may show a newer release later.
2023 2022-01-01 – 2022-12-31	−USD 5.14 million Exact value Exact value: -5143908 USD 2022-01-01 – 2022-12-31: -5143908 USD Inspect Net Income Open source Share or cite Citation for Net Income · Veritas Farms, Inc. · 2022-12-31 Veritas Farms, Inc. (edgar:1669400) Net Income: -5143908 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: -5143908 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#458158 Filing: 000121390023030190 The citation records this snapshot. The page link may show a newer release later.	−USD 3.89 million Exact value Exact value: -3891956 USD 2022-01-01 – 2022-12-31: -3891956 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Veritas Farms, Inc. · 2022-12-31 Veritas Farms, Inc. (edgar:1669400) Operating Cash Flow: -3891956 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -3891956 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#472396 Filing: 000121390023030190 The citation records this snapshot. The page link may show a newer release later.	USD 10,334 Exact value Exact value: 10334 USD 2022-01-01 – 2022-12-31: 10334 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Veritas Farms, Inc. · 2022-12-31 Veritas Farms, Inc. (edgar:1669400) Capital Expenditure: 10334 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 10334 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#474161 Filing: 000121390023030190 The citation records this snapshot. The page link may show a newer release later.	−USD 3.9 million Calculation and evidence -3891956 − 10334 USD Exact free cash flow: -3902290 USD 2022-01-01 – 2022-12-31: -3891956 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 10334 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Veritas Farms, Inc. · 2022-12-31 Veritas Farms, Inc. (edgar:1669400) Free cash flow: -3902290 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T14:09:51Z Snapshot: 63fd0f774e85dafa7db94046979e8e00ef4b666fa8e99d510b477c4d01da1d76 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1669400?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -3891956 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#472396 Filing: 000121390023030190 Input fundies:CapitalExpenditure: 10334 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1669400/000121390023030190/f10k2022_veritasfarms.htm#474161 Filing: 000121390023030190 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 · 2,034 latest values · 2,034 originally reported values

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

Identifiers: 0001669400, 1669400, ARUU, SSWH, VFRM, edgar:1669400

Also known as Armeau Brands Inc., SanSal Wellness Holdings, Inc., VERITAS FARMS, INC., Veritas Farms, Inc.

Veritas Farms, Inc.

Latest quarter

Revenue

Operating margin

Operating cash flow

Reported share-count change

Trailing twelve months

Net income

Operating cash flow

Capital expenditure

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2023 2022-01-01 – 2022-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation