AST SpaceMobile, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-341.9M | $-300.1M | $-87.6M | $-31.6M | $-30.6M | $-52.0M |
| Depreciation & Amortization | $51.1M | $63.3M | $54.5M | $4.7M | $2.9M | $887.0K |
| Depreciation | — | $63.3M | $54.5M | $4.6M | $2.7M | $670.0K |
| Amortization | — | — | — | — | $224.0K | $217.0K |
| Stock-Based Compensation | $47.5M | $32.0M | $13.3M | $9.4M | $3.7M | $283.0K |
| Net Cash from Operating Activities | $-71.5M | $-126.1M | $-148.9M | $-156.5M | $-80.1M | $-22.8M |
| Investing Activities | ||||||
| Capital Expenditures | $1.06B | $174.1M | $118.8M | $57.3M | $15.1M | $8.1M |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.54B | $-174.1M | $-118.8M | $-31.4M | $-54.8M | $-30.4M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $3.83B | $780.0M | $116.7M | $102.3M | $416.9M | $69.7M |
| Net Change in Cash | $2.21B | $479.4M | $-151.2M | $-85.3M | $281.8M | $16.3M |
| Free Cash Flow | $-1.14B | $-300.3M | $-267.7M | $-213.7M | $-95.2M | $-30.9M |