Massimo Group
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.5M | $-1.0M | $2.0M | $1.5M | $77.7K | $-2.1M | $-1.7M | $-2.5M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $66.4K | $39.1K | $36.6K | $37.9K | $33.5K | $33.5K | $31.5K | $31.1K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | $-29.4K | — | — | $66.8K | $90.5K | — | — |
| Net Cash from Operating Activities | $1.3M | $-1.4M | $4.0M | $633.2K | $-1.4M | $-3.3M | $9.1M | $4.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $406.4K | $262.5K | — | — | — | — | $-36.3K | $82.3K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-810.1K | $-252.5K | — | — | — | $-3.0M | $36.3K | $-82.3K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-7.0K | $-11.6K | $-141.7K | $-413.3K | $-10.8K | $-3.0M | $-619.2K | $-4.2M |
| Net Change in Cash | $490.6K | $-1.6M | $3.2M | $154.6K | $1.6M | $-9.4M | $8.5M | $445.9K |
| Free Cash Flow | $901.4K | $-1.6M | — | — | — | — | $9.1M | $4.6M |