Milestone Scientific Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-5.2M | $-5.9M | $-5.5M | $-1.7M | $1.5M | $-870.3K | $-1.5M | $-614.5K |
| Depreciation & Amortization | $573.2K | — | — | — | — | — | — | — |
| Depreciation | $62.5K | $92.7K | $27.9K | $17.4K | $18.2K | $18.8K | $22.1K | $45.2K |
| Amortization | $510.7K | $70.7K | $69.4K | $78.5K | $77.9K | $76.3K | $83.3K | $83.4K |
| Stock-Based Compensation | $651.4K | $1.9M | — | — | — | — | — | — |
| Net Cash from Operating Activities | $-1.2M | $-5.4M | $-2.9M | $376.9K | $1.3M | $-49.7K | $-570.7K | $-293.8K |
| Investing Activities | ||||||||
| Capital Expenditures | $6.0K | $15.3K | $67.6K | $82.2K | $5.5K | $4.7K | $7.5K | $29.4K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-199.2K | $8.2K | — | — | $-561.4K | $-31.4K | $-39.0K | $-108.3K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $463.3K | $4.8M | — | — | $284.6K | $150.0K | $79.0K | — |
| Net Change in Cash | $-965.3K | $-592.2K | — | $9.2M | $981.9K | $68.9K | $-530.8K | $-402.0K |
| Free Cash Flow | $-1.2M | $-5.4M | $-3.0M | $294.7K | $1.3M | $-54.5K | $-578.2K | $-323.1K |