908 DEVICES INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $19.5M | $-72.2M | $-36.4M | $-33.6M | $-22.2M | $-12.8M |
| Depreciation & Amortization | $4.5M | $4.7M | $2.4M | $1.6M | $925.0K | $831.0K |
| Depreciation | $1.3M | $1.0M | $1.5M | $1.3M | $900.0K | — |
| Amortization | $2.9M | $1.9M | $877.0K | $343.0K | — | — |
| Stock-Based Compensation | $9.8M | $11.8M | $9.8M | $7.2M | $2.5M | $525.0K |
| Net Cash from Operating Activities | $-23.7M | $-30.2M | $-25.1M | $-20.9M | $-29.1M | $4.1M |
| Investing Activities | ||||||
| Capital Expenditures | $955.0K | $602.0K | $2.0M | $2.0M | $737.0K | $9.0K |
| Business Acquisitions | — | — | — | $13.8M | — | — |
| Net Cash from Investing Activities | $50.7M | $-46.3M | $-26.4M | $-15.8M | $-737.0K | $-9.0K |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-697.0K | $-376.0K | $-15.9M | $1.2M | $94.7M | $137.2M |
| Net Change in Cash | $26.4M | $-77.0M | $-67.4M | $-35.5M | $64.9M | $141.3M |
| Free Cash Flow | $-24.6M | $-30.8M | $-27.1M | $-23.0M | $-29.8M | $4.1M |