IP STRATEGY HOLDINGS, INC.
Cash Flow Statement
| Line Item | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-66.7M | $196.3M | $-7.3M | $-3.0M | $-3.4M | $8.4M | $452.8K | $-3.4M |
| Depreciation & Amortization | $30.8K | — | — | $296.5K | — | — | — | — |
| Depreciation | $30.8K | $262.0K | $273.9K | $296.5K | $316.3K | $334.8K | $320.5K | $329.0K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $942.9K | — | — | $0 | — | — | — | — |
| Net Cash from Operating Activities | $-2.5M | $-4.3M | $-1.5M | $-2.0M | $-845.3K | $-2.7M | $-2.7M | — |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $46.2K | $11.3K | $17.3K | $-259.9K | $292.0K | $0 | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $2.3M | — | — | $65.3K | — | — | $5.1K | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-11.0K | — | — | $1.6M | — | — | $3.0M | — |
| Net Change in Cash | $-152.6K | — | — | $-353.6K | — | — | $376.7K | — |
| Free Cash Flow | $-2.5M | $-4.3M | $-1.5M | $-2.0M | $-585.4K | $-3.0M | $-2.7M | — |