Akanda Corp.
Cash Flow Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | $-4.1M | $-32.3M | $-11.7M | $-8.1M |
| Depreciation & Amortization | — | — | — | — |
| Depreciation | — | $1.6M | $1.0M | $155.1K |
| Amortization | — | $205.4K | $88.8K | — |
| Stock-Based Compensation | — | — | $2.1M | — |
| Net Cash from Operating Activities | $-4.0M | $-1.5M | $-11.5M | $-6.6M |
| Investing Activities | ||||
| Capital Expenditures | $2.1M | $1.5K | $310.9K | $576.5K |
| Business Acquisitions | — | — | — | — |
| Net Cash from Investing Activities | $-1.0M | $24.9K | $-4.2M | $-576.5K |
| Financing Activities | ||||
| Dividends Paid | — | — | — | — |
| Stock Repurchases | — | — | — | — |
| Net Cash from Financing Activities | $9.0M | $1.5M | $14.1M | $11.2M |
| Net Change in Cash | — | — | — | — |
| Free Cash Flow | $-6.1M | $-1.5M | $-11.8M | $-7.1M |