Adamas Trust, Inc.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-15.6M | $-57.9M | $41.9M | $-84.5M | $-26.9M | $20.9M | $-37.6M | $-115.3M |
| Depreciation & Amortization | $12.2M | $12.6M | $6.2M | $6.2M | $6.1M | $6.0M | $5.9M | $32.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $951.0K | $1.4M | $0 | $0 | $0 | $0 | — | — |
| Stock-Based Compensation | — | — | $2.9M | $2.9M | $2.9M | $50.0K | $3.3M | $3.3M |
| Net Cash from Operating Activities | $-993.0K | $-13.1M | $13.1M | $28.4M | $-101.0K | $-11.4M | $8.4M | $5.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $7.6M | $6.0M | $5.6M | $11.8M | $14.8M | $18.1M | $12.8M | $23.1M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-572.1M | $-254.0M | $-397.4M | $-758.3M | $-121.3M | $57.1M | $291.5M | $311.2M |
| Financing Activities | ||||||||
| Dividends Paid | $18.2M | $20.5M | $27.2M | $27.4M | $36.6M | $37.7M | $37.5M | $38.0M |
| Stock Repurchases | $3.5M | $0 | $0 | $5.0M | $0 | $3.6M | $22.5M | $14.3M |
| Net Cash from Financing Activities | $550.5M | $327.2M | $359.5M | $739.9M | $123.8M | $-83.6M | $-398.9M | $-388.2M |
| Net Change in Cash | $-22.6M | $60.1M | $-24.8M | $10.0M | $2.5M | $-37.9M | $-99.0M | $-71.8M |
| Free Cash Flow | $-8.6M | $-19.1M | $7.5M | $16.5M | $-14.9M | $-29.5M | $-4.3M | $-17.9M |