Microvast Holdings, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-12.0M | $48.2M | $-1.5M | $-106.1M | $61.8M | $13.2M | $-101.6M | $-24.8M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | $8.1M | — | — | $8.0M | — | — | $7.5M |
| Amortization | — | — | — | — | — | — | — | $121.0K |
| Stock-Based Compensation | — | $1.0M | — | — | $703.0K | — | — | $11.9M |
| Net Cash from Operating Activities | $-10.5M | $-22.8M | $15.2M | $37.2M | $7.2M | $-5.4M | $111.0K | $2.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $11.3M | $2.9M | $14.0M | $2.9M | $2.3M | $14.2M | $2.9M | $10.2M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-2.8M | — | — | $-2.3M | — | — | $-4.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | $29.3M | — | — | $9.5M | — | — | $6.3M |
| Net Change in Cash | — | $4.8M | — | — | $13.4M | — | — | $-1.5M |
| Free Cash Flow | $-21.8M | $-25.7M | $1.2M | $34.3M | $4.8M | $-19.6M | $-2.8M | $-8.2M |