AIR INDUSTRIES GROUP
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-22.6M | $-15.6M | $-832.0K | $667.0K | $3.7M | $2.5M | $2.2M |
| Depreciation & Amortization | — | — | — | — | — | — | — |
| Depreciation | $2.7M | $3.3M | $3.1M | $2.4M | $1.7M | $1.6M | $1.5M |
| Amortization | $673.0K | $1.3M | $1.3M | $1.2M | $1.2M | $693.0K | $168.0K |
| Stock-Based Compensation | $332.0K | $167.0K | $100.0K | $42.0K | $38.0K | $101.0K | $131.0K |
| Net Cash from Operating Activities | $-4.0M | $-692.0K | $-894.0K | $-2.8M | $8.9M | $1.7M | $3.6M |
| Investing Activities | |||||||
| Capital Expenditures | $1.5M | $1.6M | $1.6M | $571.0K | $288.0K | $1.1M | $778.0K |
| Business Acquisitions | — | $0 | $6.9M | $8.9M | $457.0K | $11.6M | — |
| Net Cash from Investing Activities | $1.8M | $-924.0K | $-8.6M | $-9.7M | $-1.1M | $-13.0M | $-1.3M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $1.6M | $2.4M | $8.6M | $13.3M | $-7.7M | $11.3M | $-2.3M |
| Net Change in Cash | $-674.0K | $775.0K | $-889.0K | $857.0K | $71.0K | $-87.0K | $40.0K |
| Free Cash Flow | $-5.5M | $-2.3M | $-2.5M | $-3.4M | $8.6M | $635.0K | $2.9M |