Guerrilla RF, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-7.0M | $-10.8M | $-16.0M | $-12.0M | $-2.8M | $-2.0M |
| Depreciation & Amortization | $1.2M | $1.5M | $1.6M | $1.4M | $371.4K | $266.6K |
| Depreciation | $1.2M | $1.5M | $1.6M | $1.4M | $371.4K | $266.6K |
| Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | $1.0M | $1.7M | $1.3M | $643.6K | $176.0K | $19.5K |
| Net Cash from Operating Activities | $-1.4M | $-6.7M | $-13.5M | $-9.2M | $-4.8M | $-2.0M |
| Investing Activities | ||||||
| Capital Expenditures | $1.4M | $380.9K | $101.7K | $549.9K | $393.4K | $310.7K |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.4M | $-752.2K | $-101.7K | $-549.9K | $-393.4K | $-310.7K |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-1.0M | $14.6M | $10.0M | $8.8M | $10.1M | $1.8M |
| Net Change in Cash | $-3.8M | $7.2M | $-3.6M | $-973.6K | $4.9M | $-476.5K |
| Free Cash Flow | $-2.8M | $-7.0M | $-13.6M | $-9.8M | $-5.2M | $-2.3M |