AIR INDUSTRIES GROUP
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-1.3M | $-1.4M | $-2.1M | $-1.1M | $1.6M | $1.1M | $-2.7M | $-11.0M |
| Depreciation & Amortization | — | $2.1M | $2.3M | — | — | — | — | — |
| Depreciation | $2.5M | $2.1M | $2.3M | $2.5M | $2.8M | $2.6M | $3.0M | $2.9M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.0M | $797.0K | $482.0K | $526.0K | $443.0K | $211.0K | $244.0K | $293.0K |
| Net Cash from Operating Activities | $-1.4M | $324.0K | $4.9M | $448.0K | $4.1M | $-1.5M | $-888.0K | $-2.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $3.3M | $2.3M | $2.1M | $2.4M | $1.4M | $3.8M | $764.0K | $1.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-3.1M | $-2.3M | $-2.1M | $-2.4M | $-1.4M | $-3.8M | $-764.0K | $3.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $8.3M | $2.4M | $-2.7M | $1.6M | $-4.6M | $6.5M | $934.0K | $33.0K |
| Net Change in Cash | — | — | — | $-346.0K | $-1.9M | $1.2M | $-718.0K | $1.4M |
| Free Cash Flow | $-4.7M | $-2.0M | $2.7M | $-1.9M | $2.7M | $-5.3M | $-1.7M | $-3.6M |