EMPIRE PETROLEUM CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-72.1M | $-16.2M | $-12.5M | $7.1M | $-18.6M | $-16.8M | $-6.7M | $-1.0M |
| Depreciation & Amortization | $10.6M | $9.3M | $3.1M | $1.9M | $2.5M | $3.1M | $3.4M | $15.5K |
| Depreciation | $400.0K | $300.0K | $200.0K | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.4M | $2.2M | $3.1M | — | — | $1.9M | — | — |
| Net Cash from Operating Activities | $-3.9M | $6.2M | $-9.9M | $18.1M | $3.2M | $-1.7M | $-592.3K | $-564.9K |
| Investing Activities | ||||||||
| Capital Expenditures | $54.0K | $152.0K | — | — | — | — | $-14.5K | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-4.6M | $-53.9M | $-14.8M | $-11.4M | $-24.7M | $856.3K | $-6.2M | $-916.6K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $7.5M | $42.2M | $20.5M | $1.7M | $25.0M | $1.0M | $6.7M | $1.5M |
| Net Change in Cash | $-1.1M | $-5.5M | — | $8.3M | $3.5M | — | $-84.6K | $6.9K |
| Free Cash Flow | $-4.0M | $6.0M | — | — | — | — | $-577.9K | — |