HCW Biologics Capital Expenditures (CapEx) Growth & History (HCWB)

HCW Biologics's capital expenditures (capex) was $0 for fiscal 2025.

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HCW Biologics annual capital expenditures (capex) history

HCW Biologics annual capital expenditures (capex)

Fiscal yearPeriod endedCapital expenditures (CapEx)ChangeGrowth
20252025-12-31$0−$261,617
20242024-12-31$261,617−$5.9M−95.78%
20232023-12-31$6.2M−$4.1M−39.63%
20222022-12-31$10.3M$10.2M+21640.32%
20212021-12-31$47,263−$139,419−74.68%
20202020-12-31$186,682

HCW Biologics capital expenditures (capex) trends

Over the last five fiscal years, HCW Biologics's capital expenditures (capex) decreased from $186,682 to $0, a change of −$186,682. The latest reported quarter, Q4 2025, shows $0.

About the metric

What capital expenditures (CapEx) mean

Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.

Calculation and source

SEC-reported capital expenditures

TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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