Aqua Metals, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-22.6M | $-24.6M | $-23.9M | $-15.4M | $-18.2M | $-25.8M | $-44.8M | $-40.3M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $815.0K | $902.0K | $900.0K | $500.0K | $600.0K | $1.9M | $3.5M | $3.2M |
| Amortization | $70.0K | $135.0K | $180.0K | $179.0K | $180.0K | $180.0K | $182.0K | $190.0K |
| Stock-Based Compensation | $2.3M | $2.7M | $2.5M | $2.3M | $2.2M | $3.6M | $4.2M | $1.2M |
| Net Cash from Operating Activities | $-10.3M | $-13.6M | $-3.2M | $-10.1M | $-7.1M | $-11.0M | $-25.2M | $-26.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $425.0K | $7.9M | $5.6M | $4.8M | $2.4M | $3.4M | $12.8M | $3.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $2.9M | $-11.6M | $-9.8M | $-3.4M | $-2.2M | $6.6M | $-10.6M | $-3.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $14.1M | $12.8M | $22.4M | $12.5M | $10.9M | $3.4M | $22.4M | $28.3M |
| Net Change in Cash | $6.7M | $-12.4M | $9.4M | $-1.1M | $1.6M | $-1.0M | $-13.3M | $-1.9M |
| Free Cash Flow | $-10.7M | $-21.6M | $-8.8M | $-14.9M | $-9.4M | $-14.4M | $-38.0M | $-30.0M |