EMPIRE PETROLEUM CORPORATION
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-4.4M | $-4.0M | $-4.8M | $-2.7M | $-2.5M | $-2.5M | $-2.3M | $215.9K |
| Depreciation & Amortization | $2.7M | $1.5M | $1.1M | $727.9K | $711.0K | $563.0K | $552.8K | $539.5K |
| Depreciation | $100.0K | $100.0K | $36.0K | $51.0K | $54.0K | $59.0K | — | $39.0K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $592.0K | $710.0K | — | — | — | — | — | — |
| Net Cash from Operating Activities | $-1.8M | $3.9M | $-3.9M | $2.0M | $-2.9M | $-5.1M | $3.1M | $3.9M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-13.4M | $-17.1M | $-9.2M | $-4.1M | $-1.8M | $455.3K | $-6.6M | $-509.2K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $21.0M | $8.9M | $9.9M | $11.9M | $-719.8K | $-569.1K | $-315.5K | $-56.6K |
| Net Change in Cash | — | — | — | — | — | $-5.2M | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — |