C3is Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $10.5M | $-2.7M | $9.3M |
| Depreciation & Amortization | — | — | — |
| Depreciation | $6.5M | $6.2M | $4.1M |
| Amortization | — | — | — |
| Stock-Based Compensation | $375.2K | $337.9K | $37.6K |
| Net Cash from Operating Activities | $4.0M | $25.0M | $5.6M |
| Investing Activities | |||
| Capital Expenditures | $161.9K | $1.6M | $4.3M |
| Business Acquisitions | — | — | — |
| Net Cash from Investing Activities | $-6.5M | $-1.4M | $-12.4M |
| Financing Activities | |||
| Dividends Paid | — | — | — |
| Stock Repurchases | — | — | — |
| Net Cash from Financing Activities | $-1.5M | $-19.7M | $7.5M |
| Net Change in Cash | $-4.0M | $3.9M | $695.3K |
| Free Cash Flow | $3.8M | $23.4M | $1.3M |