Horizon Kinetics Holding Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $5.1M | $92.5M | $-4.5M | $-8.9M | $-11.1M | $-1.6M | $-657.0K | $2.2M |
| Depreciation & Amortization | $1.1M | $1.9M | $1.8M | $622.0K | $1.8M | $1.4M | $796.0K | $818.0K |
| Depreciation | — | — | — | $6.0K | $11.0K | $17.0K | $105.0K | $160.0K |
| Amortization | $1.1M | $1.7M | $1.7M | $232.0K | $802.0K | $1.0M | $634.0K | $620.0K |
| Stock-Based Compensation | — | — | $65.0K | $130.0K | $110.0K | $332.0K | $149.0K | $227.0K |
| Net Cash from Operating Activities | $-43.1M | $11.8M | $25.5M | $-1.8M | $-322.0K | $3.6M | $679.0K | $3.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $315.0K | $47.0K | $95.0K | — | — | $17.0K | $101.0K | $222.0K |
| Business Acquisitions | — | — | — | — | — | $10.5M | $5.6M | — |
| Net Cash from Investing Activities | $25.2M | $2.1M | $782.0K | $338.0K | $4.4M | $-10.1M | $-5.9M | $-222.0K |
| Financing Activities | ||||||||
| Dividends Paid | $6.3M | $988.0K | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $41.5M | $-24.8M | $-15.4M | $290.0K | $-2.8M | $5.4M | $43.0K | $-753.0K |
| Net Change in Cash | $23.6M | $-10.8M | $10.9M | $-1.2M | $1.3M | $-1.1M | $-5.1M | $2.1M |
| Free Cash Flow | $-43.4M | $11.8M | $25.4M | — | — | $3.6M | $578.0K | $2.9M |