FREQUENCY ELECTRONICS, INC.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-903.0K | $23.7M | $5.6M | $-5.5M | $-8.7M | $680.0K | $-10.0M | $-2.5M |
| Depreciation & Amortization | $1.9M | $2.1M | $2.1M | $2.4M | $3.0M | $3.3M | $3.3M | $2.8M |
| Depreciation | $1.9M | $2.1M | $2.1M | $2.4M | $2.8M | $2.9M | $3.0M | $3 |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $2.0M | $1.2M | $822.0K | $197.0K | $247.0K | $273.0K | $312.0K | $500.0K |
| Net Cash from Operating Activities | $1.3M | $-1.4M | $8.7M | $1.2M | $4.0M | $12.2M | $-1.4M | $-97.0K |
| Investing Activities | ||||||||
| Capital Expenditures | $2.9M | $1.8M | $1.5M | $918.0K | $1.9M | $1.2M | $1.5M | $2.8M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-2.9M | $-1.8M | $-1.5M | $8.7M | $-2.3M | $-1.2M | $-3.4M | $-4.7M |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $9.6M | $0 | $9.4M | $0 | — | — | — |
| Stock Repurchases | $1.6M | $377.0K | $0 | — | — | — | — | — |
| Net Cash from Financing Activities | $-1.6M | $-9.9M | $0 | $-9.4M | $0 | $-5.0M | $5.0M | $0 |
| Net Change in Cash | $-3.2M | $-13.2M | $7.2M | $488.0K | $1.8M | $6.0M | $125.0K | $-4.2M |
| Free Cash Flow | $-1.6M | $-3.2M | $7.2M | $257.0K | $2.2M | $10.9M | $-2.9M | $-2.9M |