AXIL BRANDS, INC.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $2.7M | $855.0K | $2.0M | $1.8M | $-182.9K | $-297.8K | $-172.8K | $-150.0K |
| Depreciation & Amortization | $246.7K | $148.5K | $130.6K | $95.2K | $7.9K | — | — | — |
| Depreciation | $101.9K | $62.2K | $35.0K | $20.9K | $7.9K | $10.0K | $10.5K | $5.9K |
| Amortization | $144.8K | $86.3K | $95.6K | $74.3K | $0 | — | — | — |
| Stock-Based Compensation | $785.2K | $1.1M | $267.2K | $207.3K | $22.0K | $138.8K | — | $5.0K |
| Net Cash from Operating Activities | $-9.6K | $1.9M | $2.7K | $2.9M | $-126.1K | $48.4K | $-89.7K | $-175.0K |
| Investing Activities | ||||||||
| Capital Expenditures | $79.4K | $213.5K | $138.4K | $65.7K | — | $15.4K | $9.2K | $13.9K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-210.3K | $-394.3K | $-160.5K | $1.0M | — | $-15.4K | $-9.2K | $-14.4K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-87.8K | $-18.4K | $-1.4M | $540.1K | $2.8K | $54.9K | $161.8K | $307.7K |
| Net Change in Cash | — | — | — | — | — | $87.9K | $62.9K | $118.3K |
| Free Cash Flow | $-89.0K | $1.7M | $-135.8K | $2.9M | — | $33.0K | $-98.9K | $-188.9K |