CPI Aerostructures, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-843.4K | $3.3M | $17.2M | $9.2M | $6.8M | $-3.7M | $-6.8M | $-7.5M |
| Depreciation & Amortization | $420.4K | $430.0K | $471.0K | $688.1K | $1.0M | $1.0M | $1.1M | $710.2K |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | $125.0K | $125.0K | $125.0K | $125.0K | — |
| Stock-Based Compensation | $806.6K | $604.7K | $770.6K | $355.9K | $828.3K | $711.3K | $730.6K | $671.6K |
| Net Cash from Operating Activities | $-5.2M | $3.6M | $3.9M | $944.3K | $2.8M | $-1.6M | $-378.0K | $-2.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $65.0K | $403.9K | $140.5K | $40.8K | $29.2K | $146.8K | $436.0K | $559.0K |
| Business Acquisitions | — | — | — | — | — | — | — | $6.0M |
| Net Cash from Investing Activities | $-65.0K | $-403.9K | $-140.5K | $-40.8K | $-29.2K | $-146.8K | $-436.0K | $-6.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $673.3K | $-2.8M | $-2.5M | $-3.4M | $-2.5M | $2.3M | $118.6K | $13.9M |
| Net Change in Cash | — | — | — | — | — | $600.7K | $-695.3K | $4.7M |
| Free Cash Flow | $-5.3M | $3.2M | $3.8M | $903.5K | $2.8M | $-1.7M | $-814.0K | $-3.2M |