IDEAL POWER INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-10.6M | $-10.4M | $-10.0M | $-7.2M | $-4.8M | $-7.8M | $-3.9M | $-7.9M |
| Depreciation & Amortization | $371.4K | $341.0K | $271.7K | $187.1K | $157.6K | $122.2K | $110.5K | $137.5K |
| Depreciation | $151.2K | $125.9K | $81.7K | $37.8K | $25.2K | $24.1K | — | — |
| Amortization | $220.2K | $215.2K | $190.0K | $149.3K | $132.3K | $98.0K | $79.5K | $65.0K |
| Stock-Based Compensation | $729.2K | $1.6M | $2.3M | $975.8K | $352.3K | $868.6K | $184.3K | $730.8K |
| Net Cash from Operating Activities | $-9.1M | $-8.7M | $-7.1M | $-6.4M | $-4.3M | $-3.0M | $-2.5M | $-6.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $119.5K | $197.3K | $240.8K | $182.7K | $44.3K | $13.9K | $4.3K | $1.1K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-449.5K | $-506.4K | $-522.9K | $-312.7K | $-236.9K | $-67.2K | $-104.1K | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-128.8K | $16.6M | $-216.3K | $-127.9K | $24.5M | $3.2M | $3.1M | $-5.7K |
| Net Change in Cash | $-9.7M | $7.4M | $-7.9M | $-6.8M | — | — | — | — |
| Free Cash Flow | $-9.3M | $-8.9M | $-7.4M | $-6.6M | $-4.3M | $-3.0M | $-2.5M | $-6.5M |