Marti Technologies, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $-41.4M | $-73.9M | $-33.8M | $-14.2M | $-14.5M |
| Depreciation & Amortization | $3.6M | $8.7M | $10.0M | $9.1M | $5.5M |
| Depreciation | $3.3M | $8.4M | $9.9M | $9.0M | $5.5M |
| Amortization | $294.8K | $298.5K | $98.2K | $78.6K | $22.2K |
| Stock-Based Compensation | $11.3M | $35.7M | $2.0M | $1.7M | $868.8K |
| Net Cash from Operating Activities | $-14.8M | $-25.1M | $-14.9M | $-5.5M | $-4.0M |
| Investing Activities | |||||
| Capital Expenditures | $485.3K | $332.4K | $652.4K | $803.7K | $828.9K |
| Business Acquisitions | — | — | — | — | — |
| Net Cash from Investing Activities | $-541.7K | $-1.0M | $-4.8M | $-8.2M | $-22.9M |
| Financing Activities | |||||
| Dividends Paid | — | — | — | — | — |
| Stock Repurchases | $367.6K | — | — | — | — |
| Net Cash from Financing Activities | $18.0M | $11.8M | $28.6M | $11.3M | $43.1M |
| Net Change in Cash | $2.7M | $-14.3M | $8.9M | $-2.7M | $9.7M |
| Free Cash Flow | $-15.3M | $-25.4M | $-15.5M | $-6.3M | $-4.9M |