Cingulate Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-22.4M | $-16.6M | $-23.5M | $-17.7M | $-20.7M | $-7.2M |
| Depreciation & Amortization | — | — | — | — | — | — |
| Depreciation | $540.9K | $653.1K | $582.9K | $394.0K | $708.3K | $666.0K |
| Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | $1.5M | $995.5K | $812.7K | $800.8K | $43.8K | — |
| Net Cash from Operating Activities | $-17.2M | $-18.5M | $-15.0M | $-15.9M | $-10.4M | $-6.8M |
| Investing Activities | ||||||
| Capital Expenditures | $162.1K | $211.8K | $224.1K | $153.4K | $814.7K | $402.1K |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-162.1K | $-211.8K | $-224.1K | $-152.7K | $-814.7K | $-384.2K |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $16.1M | $30.8M | $10.0M | $4.9M | $26.5M | $8.0M |
| Net Change in Cash | $-1.3M | $12.2M | $-5.3M | $-11.1M | $15.3M | — |
| Free Cash Flow | $-17.4M | $-18.7M | $-15.3M | $-16.0M | $-11.2M | $-7.2M |