Evolv Technologies Holdings, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-33.1M | $-54.0M | $-108.0M | $-86.8M | $-10.9M | $-27.4M |
| Depreciation & Amortization | $24.3M | $17.4M | $9.7M | $5.4M | $2.9M | $1.1M |
| Depreciation | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | $21.1M | $24.8M | $24.1M | $22.5M | $9.6M | $662.0K |
| Net Cash from Operating Activities | $18.7M | $-30.9M | $-9.8M | $-74.7M | $-56.8M | $-23.3M |
| Investing Activities | ||||||
| Capital Expenditures | — | — | — | — | $3.7M | $6.6M |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-41.8M | $-1.4M | $-123.1M | $-23.9M | $-17.6M | $-6.6M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $35.4M | $1.8M | $-29.7M | $20.5M | $377.8M | $17.2M |
| Net Change in Cash | $12.1M | $-30.4M | $-162.6M | $-78.1M | $303.5M | $-12.6M |
| Free Cash Flow | — | — | — | — | $-60.5M | $-29.9M |