T3 Defense Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-81.4M | $-27.1M | $-11.1M | $-16.4M | $3.0M | $103.0M | $-160.8M | $4.5M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $416.0K | $22.0K | $1.2K | $-320.2K | $322.7K | $299 | — | — |
| Amortization | — | — | — | — | $186.8K | $135.5K | — | $3.4K |
| Stock-Based Compensation | $0 | $1.9M | $18.6M | $-95 | $0 | $178.0K | $6.0K | $5.6K |
| Net Cash from Operating Activities | $-4.9M | $-4.9M | $-998.6K | $-2.5M | $-1.4M | $-1.3M | $-340.0K | $-1.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $26.0K | $154.0K | $12.3K | $3.7K | $5.0K | $10.0K | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-620.0K | $-3.8M | $-176.3M | $-2.0M | $-705.0K | $-810.0K | $-936.0K | $1.3K |
| Financing Activities | ||||||||
| Dividends Paid | — | $297.0K | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $2.9M | $12.5M | — | — | — | — | $9.1M | $881.5K |
| Net Change in Cash | $-2.6M | $3.7M | $-3.7M | $4.7M | $-2.9M | $-2.1M | $7.8M | $-503.1K |
| Free Cash Flow | $-4.9M | $-5.1M | $-1.0M | $-2.5M | $-1.4M | $-1.4M | — | — |