C21 Investments Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-3.2M | $-4.0M | $-3.3M | $293.2K | $10.0M | $-7.8M | $-32.6M | $-23.6M |
| Depreciation & Amortization | $1.8M | $1.7M | $1.4M | $1.8M | $1.8M | $2.3M | — | — |
| Depreciation | $611.1K | $585.1K | $559.7K | $533.7K | $473.0K | $630.8K | $699.4K | $383.1K |
| Amortization | $1.7M | $1.6M | $1.3M | $1.3M | $1.4M | $1.5M | — | $239.9K |
| Stock-Based Compensation | $236.8K | $849.6K | $22.1K | $209.4K | $366.5K | $494.4K | $492.6K | $3.0M |
| Net Cash from Operating Activities | $1.4M | $1.4M | $3.3M | $6.0M | $8.4M | $8.5M | $5.5M | $-11.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $244.8K | $406.7K | $521.6K | $442.3K | $2.6M | $227.8K | $509.6K | $208.1K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | — | — | — | — | $-1.1M | $-4.5M | $-18.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $103.0K | $276.7K | $0 | — | — | — | — | — |
| Net Cash from Financing Activities | — | — | — | — | — | $-5.7M | $-7.1M | $39.2M |
| Net Change in Cash | $-391.2K | $-635.1K | $516.8K | $-1.2M | $-3.2M | $3.2M | $-6.0M | $8.9M |
| Free Cash Flow | $1.1M | $958.9K | $2.7M | $5.5M | $5.9M | $8.3M | $5.0M | $-11.6M |