Maase Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $-27.4M | $-39.9M | $-6.0M | $-9.1M | $-7.1M |
| Depreciation & Amortization | — | — | — | — | — |
| Depreciation | — | $1.2M | $489.0K | $837.0K | $490.0K |
| Amortization | $12.9M | $7.0M | $117.0K | $124.0K | $94.0K |
| Stock-Based Compensation | $10.2M | $3.2M | — | — | — |
| Net Cash from Operating Activities | $10.0M | $7.9M | $-25.4M | $-1.4M | $-438.0K |
| Investing Activities | |||||
| Capital Expenditures | $774.0K | $593.0K | $121.0K | $708.0K | $1.3M |
| Business Acquisitions | — | — | — | — | — |
| Net Cash from Investing Activities | $-45.7M | $32.2M | $-688.0K | $-1.6M | $7.4M |
| Financing Activities | |||||
| Dividends Paid | — | — | — | — | — |
| Stock Repurchases | — | $1.4M | — | — | — |
| Net Cash from Financing Activities | $-2.0M | $-11.9M | — | — | — |
| Net Change in Cash | — | — | — | $-3.0M | $7.0M |
| Free Cash Flow | $9.2M | $7.4M | $-25.5M | $-2.1M | $-1.7M |